Listen: More than 2 million Americans could benefit from PrEP, but only about a quarter of them are getting the HIV prevention medication. On Feb. 4, during WAMU’s “Health Hub,” KFF Health News reporter Zach Dyer shared tips for overcoming common hurdles to care. Billing mistakes. Stigma. Doctors who aren’t keeping up with the latest research. Those are just some of the hurdles that keep HIV prevention medication out of reach for many Americans. The Centers for Disease Control and Prevention estimates more than 2 million Americans could benefit from a treatment known as PrEP, but only a quarter of…
Author: Awais
Kim Reid Trucordia hired Kim Reid as a vice president on its mergers and acquisitions team. Reid comes to Trucordia after more than two decades with Arthur J. Gallagher, where she helped build and lead the firm’s due diligence and integration programs. Reid started in sales support before moving into an analyst role on a small mergers and acquisitions team, sourcing and evaluating potential merger partners. Trucordia is headquartered in Lindon, Utah. It acquires insurance businesses that then rebrand under the Trucordia corporate umbrella. Topics Mergers & Acquisitions Was this article valuable? Yes No Here are more articles you may…
On a comparable basis, GWP declined 1.2% in reinsurance and 5.7% in insurance. Despite the contraction, Everest delivered a 2025 total shareholder return of 13.1%, with a net income return on equity (ROE) of 10.5% and operating income ROE of 12.4%. The group’s combined ratio for the year was 98.6%, including 91.7% in reinsurance and 114.6% in insurance, with attritional combined ratios of 89.6% for the group, 85.5% for reinsurance, and 100.7% for insurance.
Uber Technologies Inc. was hit with $8.5 million in damages in a trial over a 19-year-old woman’s claim that she was raped by her driver in Arizona, raising the rideshare giant’s risk of a costly settlement to resolve thousands of similar cases. The verdict reached by a nine-person jury in Phoenix on Thursday is the first time Uber has been found liable for not preventing an alleged sexual assault of a passenger. The company faces almost 3,000 similar civil lawsuits from passengers filed around the country. The company prevailed in a similar case last year in California state court. Uber…
A bill prohibiting post-loss assignment of benefits agreements passed the Washington Senate on Thursday on a unanimous vote. Senate Bill 6178 was backed by Washington Insurance Commissioner Patty Kuderer, halting post-loss assignment of benefits, an agreement that allows a third party, such as a contractor, to receive insurance payments directly from the consumer’s insurance company. The AOB practice has been abused in other states after natural disasters. When a consumer signs the agreement, their right to negotiate with the insurer shifts to the repair professional and they lose control over their claim. This has led to delays in repair work…
A unit of Aon Plc agreed to settle a class-action lawsuit alleging that calculation errors and faulty investment advice caused Pennsylvania public school teachers to make millions of dollars in extra contributions to their pension fund. The firm’s Aon Investments USA subsidiary agreed to pay $15 million to settle the allegations, according to a filing last week in federal court in Philadelphia. It’s the third settlement between teachers and advisers to the $80 billion Pennsylvania Public School Employees’ Retirement System, the state’s largest public pension fund. Asset managers Hamilton Lane and Portfolio Advisors previously settled allegations in the case after…
“Genstone has a unique advantage in the market – strong operating businesses, established customer relationships, and a steady flow of qualified demand across servicing, lending, real estate, property management, and title. My role is to connect those dots, expand access to the insurance marketplace, and build a best‑in‑class national insurance operation with digital and embedded capabilities,” Huynn said.
Independent personal lines agency Goosehead Insurance and newly launched Planet Insurance Agency said they have a strategic franchise partnership for customers shopping for homeowners insurance. Meriden, Connecticut-based Planet Insurance Agency was launched last month through Planet Financial Group. Through the partnership, Planet customers who are preparing to close on a home or reviewing their insurance protection can connect with licensed insurance agents who guide them through coverage options. Customers can compare policy options from more than 200 carriers relationships and review coverage and pricing terms. “This partnership is about easing the homeownership journey,” said Planet Insurance Senior Vice President Ken…
Chronic exposure to pollution from wildfires has been linked to tens of thousands of deaths annually in the United States, according to a new study. The paper, published Wednesday in the journal Science Advances, found that from 2006 to 2020, long-term exposure to tiny particulates from wildfire smoke contributed to an average of 24,100 deaths a year in the lower 48 states. “Our message is: Wildfire smoke is very dangerous. It is an increasing threat to human health,” said Yaguang Wei, a study author and assistant professor in the department of environmental medicine at Icahn School of Medicine at Mount…
Catastrophe bond market insurance risk spreads, or the discount margin, did not rise as much as anticipated in the month of January 2026, as demand moderated widening and the overall yield of the catastrophe bond market ended the month only slightly higher at 8.87%, data from Plenum Investments shows.Which was only a slight increase on the 8.80% yield the catastrophe bond market offered as of the end of 2025, after December saw a return of spread widening trends. Seasonal spread tightening related to the cat bond market’s peak peril, the Atlantic hurricane season, had compressed catastrophe bond market spreads through…
Assembly Bill 1680, known as the Make it FAIR Act, would mandate new transparency, governance, and coverage requirements for the California FAIR Plan Association, which has rapidly expanded as private insurers pull back from wildfire-exposed regions. The FAIR Plan, created in 1986 as an insurer of last resort, has grown into one of California’s largest property insurers as major carriers (including State Farm, Allstate, Farmers, Travelers, Chubb, Nationwide, and USAA) have stopped writing new business or non-renewed existing policies in high-risk areas.
Allianz’s Olympic involvement is a prime example at the global scale, but other insurers show the diversity of approaches. In Asia-Pacific, AIA’s partnership with Tottenham Hotspur FC taps into a passionate fanbase, cultivating long-term brand loyalty. In North America, insurers like State Farm, Allstate, and Progressive leverage stadium naming rights, team partnerships, and league sponsorships across the NFL, NBA, and MLB to maintain high-frequency, targeted visibility.
The London insurance and reinsurance market need to build on the success seen with the Lloyd’s insurance-linked securities structure London Bridge 2 PCC, as ILS remains a real opportunity to support market growth despite the UK ILS regime having stalled, Chris Lay, Chair of the London Market Group (LMG) trade body has said.Having released its latest London Matters report today, the LMG highlights the need for London to remain innovative when it comes to attracting capital to the market, seeing it as critical to capture new and emerging opportunities. That’s not to say a lack of ILS activity outside of…
The six people killed in a fiery plane crash in Maine were flying to France’s Champagne region to scope out the next travel destination for high-net-worth clients when their small jet flipped on the runway during takeoff. They included an acclaimed chef, a sommelier and an event planner working for Tara Arnold, 46, a Houston lawyer-turned-entrepreneur and philanthropist. Local police confirmed the death of Arnold and three of the others on Tuesday. They were flying from Houston to France’s Champagne region, stopping in Bangor to refuel, when the Bombardier Challenger 600 crashed as a snowstorm moved in Jan. 25 and…