By Loretta Worters, Vice President, Media Relations, Triple-I Property/casualty insurers are projected to continue to post slight underwriting profits in 2021, according to a forecast released today by the Insurance Information Institute (Triple-I) and Milliman. The forecast projects a 2021 combined ratio of 99, virtually the same as last year. The forecast was revealed during […]
Archives for May 2021
ESG Is in Insurers’ DNA
Three little letters – ESG – can strike business decision makers with anxiety as they strive to incorporate nonfinancial factors into their strategic analysis and planning. Shorthand for “environmental, social, and governance” these factors, which seek to capture the environmental and social impacts of operations and investment practices, have become more pressing in recent years […]
Why Financial Markets and Fed See Post-Pandemic Recovery Differently
Two narratives about how recovery from the COVID-19-driven economic downturn will play out are competing in the business press – the Federal Reserve’s and that of the financial markets. Market economists typically forecast wider changes in quarter-over-quarter gross domestic product (GDP) than their counterparts at the Fed. But the current discrepancy is wider than it […]
Amazing Seller Insurance
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KHN’s ‘What the Health?’: Drug Price Effort Hits a Snag
Can’t see the audio gamer? Click on this link to listen on SoundCloud. The high expense of prescription drugs is a leading health concern for the general public and political leaders, however issues raised by a group of moderate Democrats threaten to hinder an expense being pressed by House Democratic leaders. On the other hand, […]
You’ve Added Your Kids to Your Health Plan. What About Mom?
SACRAMENTO– When Laura Chavez’s 74-year-old mommy required eye surgical treatment last month, Chavez paid money for the treatment. The expense? $15,000– which was for simply one eye. She could not manage both. Her mommy, Esperanza Chavez, does not get approved for Medicare due to the fact that of her migration status. And she can’t discover […]
Motorcycle Broad Form Insurance – Ride Legal for Less in Washington
Motorcycle Broad Form Insurance – Ride Legal for Less in Washington Do you ride a motorcycle in Washington state and need to just “Get Legal” because Washington now requires all motorcycle riders to have insurance? Mid-Columbia Insurance has a solution! Maybe you own a couple of bikes but can only ride one at a time? […]
From Covid Coverage to ‘Public Option’ Plans, Journalists Delve Into Details
KHN senior reporter Julie Appleby talked about modifications in insurance coverage for covid-19 care on Newsy on Thursday. KHN senior reporter Mary Agnes Carey went over Connecticut’s legal efforts to pass a “public choice” insurance intend on WNPR’s “Where We Live” on Wednesday. KHN reporter Aneri Pattani signed up with Spotlight PA’s Ed Mahon to […]
Covid Testing Has Turned Into a Financial Windfall for Hospitals and Other Providers
Pamela Valfer required several covid tests after consistently checking out the medical facility last fall to see her mom, who was being dealt with for cancer. Beds there were filling with covid clients. Valfer heard the tests would be complimentary. So, she was shocked when the screening business billed her insurance company $250 for each […]
Struck by Higher Prices for Gear, Doctors and Dentists Want Insurers to Pay
SACRAMENTO– Treating clients has actually ended up being more pricey throughout the pandemic, and physicians and dental experts do not wish to be on the hook for all the brand-new expenses. For example, package of 100 gloves that cost $2.39 in February 2020 expenses $30 now, stated Dr. Judee Tippett-Whyte, president of the California Dental […]