Monthly Archives: <span>January 2023</span>

The History of Health Insurance: Past, Present, and Future

This post is part of a series sponsored by AgentSync. Health insurance (officially called “accident or health and sickness”) is one of the major, or general, lines of authority (LOAs) defined by the National Association of Insurance Commissioners (NAIC) in …

Climate Is Forcing the Most Risk-Aware Industry to Reinvent Itself

When it comes to climate impacts, the frontline of the finance industry is insurance. Last year’s payout from damages caused by extreme-weather events totaled $120 billion—about the same as the economic output of Kenya. And that’s a 50% increase over …

Alera Group Acquires Collective:Choice in California

Alera Group acquired Collective:Choice Insurance Solutions in Westminster, California. The Collective:Choice team will continue serving clients in their existing roles. Collective:Choice was created in 2006 to provide a way to shop for and enroll in the Affordable Care Act plans. …

$78M Grant Promises Upgrades for One of Philadelphia’s Deadliest Roads

Federal and city officials say a new $78 million federal grant will be used to make major safety improvements along a Philadelphia boulevard called one of the most dangerous in the city. The U.S. Department of Transportation grant will be …

Connecticut Gov. Lamont Proposes Gun Laws

Connecticut Gov. Ned Lamont announced a series of proposed gun laws Monday in a state already considered one of the strictest for firearms ownership, including a statewide ban on open carrying expected to draw strong opposition from gun rights supporters. …

Virginia Senate Committee Advances Gun Bills After School Shootings

A Democrat-led Virginia Senate panel voted Monday to advance a range of gun control bills, including legislation meant to address recent campus shootings at the University of Virginia and a Newport News elementary school. In an hours-long hearing, the Senate …

Supreme Court Won’t Take up Applied Suit Against California Department of Insurance

The U.S. Supreme Court will not take up a lawsuit from Applied Underwriters Inc. over a decision by the California Department of Insurance to put its affiliate into conservatorship. The court on Monday declined to hear the case. A CDI …

Texas to Receive $654M in Opioid Funds From CVS, Walgreens

Texas Attorney General Paxton announced that the state is joining finalized opioid agreements with CVS and Walgreens totaling $10.7 billion nationally, with CVS paying $5 billion and Walgreens paying $5.7 billion. Texas and its local governments are slated to receive …

People Moves: Myers Joins Alliant’s Texas Team; Goosehead Names CFO

Myers Joins Alliant’s Texas Team Mike Myers has joined Alliant Insurance Services as vice president within its employee benefits group. Based in Dallas, Texas, Myers will design and implement strategic employee benefits solutions that add value and provide long-term financial …

People Moves: Columbia Names Wharton CIO; Global Marine Hires Cochran

Columbia Insurance Group Names Wharton Chief Information Officer Columbia Insurance Group has named Lisa Wharton vice president and chief information officer. She will be responsible for planning, directing and coordinating the information technology department. Wharton is an accomplished technology leader …