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Mutual of Omaha Announces Approved Private Plan for Minnesota Paid Family and Medical Leave
OMAHA, Neb.--(BUSINESS WIRE)--Mutual of Omaha is proud to announce the launch of its approved private insurance plan for Paid Family and Medical Leave (PFML) in Minnesota. This plan offers Minnesota employers an alternative to the state-run program, while ensuring that employees receive the same rights, protections and benefits. Mutual of Omaha’s PFML private plan has been approved by the Minnesota’s Department of Employment and Economic Development and meets all the necessary requirements. Thi...
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Best’s Commentary: Initial Loss Estimates for Mexican Insurers from Hurricane Erick Expected to Be Well Below 2023 Hurricane Otis
MEXICO CITY--(BUSINESS WIRE)--Insured losses from last week’s Category 4 hurricane that made landfall along Mexico’s Pacific coast are expected to be contained with parametric insurance contracts unlikely to be triggered, according to a new report from AM Best. However, the current reinsurance market cycle could be further hardened because of Hurricane Erick and ongoing rapid development of tropical storms into severe hurricanes triggered by rising ocean temperatures. AM Best expects that for m...
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Study Finds Foreclosure and Recession Fears Point to Housing Slowdown
ADA, Okla.--(BUSINESS WIRE)--Legal requests related to foreclosures have reached their highest level in five years, coinciding with a new LegalShield survey showing that more than 70 percent of homeowners and prospective buyers worry that a potential recession and tariffs could disrupt their housing plans. LegalShield also saw a marked drop in inquiries related to home purchases and housing construction, suggesting a potential slowdown in the overall housing market. "The hard data from consumer...
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Redwood Credit Union Named to Newsweek’s America’s Greatest Midsize Workplaces 2025
SANTA ROSA, Calif.--(BUSINESS WIRE)--Redwood Credit Union (RCU) is proud to be recognized as one of America’s Greatest Midsize Workplaces 2025 by Newsweek. This award recognizes RCU’s impact and commitment to its company culture, work-life balance, and well-being for its team members. Newsweek recognized companies through a rigorous evaluation based on online employee reviews, publicly available data, an extensive survey, and over 120 key performance indicators. This thorough evaluation assesse...
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Healthfirst es premiada por un programa de apoyo a la reinserción comunitaria en centros de alto volumen de consumo de sustancias
NUEVA YORK--(BUSINESS WIRE)--En el día de la fecha, Healthfirst, una de las aseguradoras de salud de mayor calidad de Nueva York, ha recibido el prestigioso premio «Case Management Practice Improvement Award» de la Fundación Case Management Society of America (CMSA). Un galardón que reconoce el programa de gestión de casos de salud conductual de Healthfirst, desarrollado para abordar las necesidades de los miembros con trastornos por consumo de sustancias cuando regresan a sus comunidades y con...
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Albert G. Ruben Joins Relation Insurance
CHICAGO--(BUSINESS WIRE)--Relation Insurance Services (“Relation”) announced today the acquisition of Albert G. Ruben, a pioneer in Hollywood and the global entertainment sector, providing specialized insurance services to major film studios, independent production companies, Broadway, and multinational corporations. “Albert G. Ruben has been a trusted leader in entertainment risk management for 65 years, earning the confidence of their clients and building a strong reputation in the industry,”...
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Allstate Research Shows America Has What It Takes to Improve Trust
NORTHBROOK, Ill.--(BUSINESS WIRE)--America has the desire and resources to improve trust, paving the way for increased prosperity. Allstate’s research highlights that high levels of local engagement can be used to increase trust in each other and our institutions, reversing the decline in trust plaguing countries around the world. “Trust in government, business and leadership has declined precipitously around the world over the last two decades, threatening the foundation of freedom and economi...
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Horizon Adds Three ETFs to Its Growing Lineup of Solutions Tailored to Today’s Modern Financial Advisor
CHARLOTTE, N.C.--(BUSINESS WIRE)--Horizon announces launch of three new Exchange Traded Funds (ETFs) on the Chicago Board Options Exchange (CBOE)....
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Fortitude Re Earns Great Place To Work Certification™ for Second Consecutive Year
HAMILTON, Bermuda--(BUSINESS WIRE)--FGH Parent, L.P. (“Fortitude Re”), today announced that it has received Great Place to Work Certification™ by Great Place To Work®, the global authority on workplace culture and employee experience. This is the company’s second year to receive this prestigious recognition. “This recognition is especially meaningful because it’s a direct result of the collective feedback and experiences of our team members,” said CEO Alon Neches. “It reflects the care, collabo...
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CWCI Finds California Workers’ Comp Independent Medical Reviews Are Trending Up
OAKLAND, Calif.--(BUSINESS WIRE)--After declining steadily from 2018 through 2022, the number of Independent Medical Review (IMR) decision letters issued in response to California workers’ comp medical disputes is now trending up, increasing in 2023, 2024, and the first quarter of 2025 according to the California Workers’ Compensation Institute (CWCI), but the uphold rate for medical service modifications and denials that are reviewed remains close to 90%. CWCI’s latest review of IMR activity a...