Palisade Insurance Partners, LLC (“Palisade” or the “Company”), a specialty managing general underwriter (“MGU”), today announced the appointments of two seasoned industry executives across its business geography. Scott Stevenson has joined Palisade Insurance Partners LLC in New York as Head of US Risk, from Aon Special Opportunities Group where he served as Senior Vice President….
Insured losses from severe convective storms (SCS) in the United States have continued to escalate through the third-quarter of the year, with the annual total for 2023 now reaching a record $50 billion, the first time this peril has ever caused this level of loss for the industry, Gallagher Re’s Steve Bowen has explained. Bowen,…
The number of homes threatened by wildfire in Washington is projected to increase by nearly 30 percent by 2053, a new report from First Street Foundation shows. The report, published this week, shows that Chelan County is among the 20 counties in the U.S. projected to experience the highest annual rate of wildfire-related damage over…
Before you decide on short-term health insurance, it is essential to understand its key aspects and how it compares to long term medical plans. Short-term insurance serves as temporary coverage, with federal regulations since October 2018 allowing policies to last up to 12 months and to extend for up to 36 months, though state-specific durations…
Nearly half a million Americans, including children, will be able to keep their Medicaid and CHI coverage after state officials found major flaws in their eligibility review processes, federal officials said Thursday. The pandemic-era program that guaranteed Medicaid coverage ended in April, and states began to check to see if tens of millions of people…
Short Term Health Insurance Ohio – The availability of health insurance options in Ohio depends on your place of residence, but across all counties, you will encounter a range tires of coverage. The most suitable and cost-effective health plan for you partially depends on your income and anticipated medical expenses, as these factors influence the…
Insurance Companies to Expand Timely Access to Behavioral Health Services – In response to the governor’s recent declaration of a public health emergency in response to gun violence in New Mexico’s largest metropolitan area, the state’s top insurance regulator ordered health insurance companies on Tuesday to extend early access to behavioral health. Although the order…
Homes in parts of the U.S. are essentially uninsurable – Millions of American homeowners like Mary Morse find themselves stuck in a financial bind, facing mounting risks from wildfires and floods linked to climate change while their home insurance rates rocket upwards. Increasingly, the crowning blow comes when insurers withdraw coverage, leaving individuals and even…
What Is Pet Insurance – Pet insurance is designed to cover the medical expenses of pets and, in some cases, additional costs. Usually, pet insurance plans function on a reimbursement basis, meaning you initially pay for your pet’s veterinary bills and then submit a claim to the insurance provider. A few companies offer the convenience…
Following moves by several lenders to cut fixed rates last week after Bank of England governor Andrew Bailey said interest rates were close to their peak (see stories below), more providers are tweaking rates down, writes Jo Thornhill. Nationwide building society is cutting selected residential fixed rates by up to 0.29 percentage points from tomorrow (13 September)….