Author: Awais

EPIC Names Rodriguez National Real Estate Program Development Leader Miranda Rodriguez EPIC Insurance Brokers & Consultants, headquartered in San Francisco, California, appointed Miranda Rodriguez to the newly created role of program development leader within its national real estate practice. Rodriguez will focus on structuring and expanding EPIC’s real estate presence, overseeing initiatives spanning program design, strategic partnerships and operational infrastructure. Based in Charlotte, North Carolina, Rodriguez has over 15 years of industry experience in real estate risk management and program development. Before joining EPIC, Rodriguez led specialization for Willis Tower Watson’s residential segment within its real estate industry vertical. She…

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Ongoing violence from criminal groups in Mexico, which disrupted travel and attacked businesses in Puerto Vallarta during the weekend, could create headwinds for a country where tourism represents approximately 10% of the economy, AM Best said in a commentary. Violence began on Sunday, Feb. 22 in reliation for the killing of cartel leader Nemesio Oseguera Cervantes. “Although flights are expected to resume at Guadalajara and Puerto Vallarta’s airports…, it may take more time for cruise ships to resume visits, and the event in the longer term may dissuade tourists from visiting oceanside resort areas on Mexico’s west coast,” according to…

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ASHEVILLE, N.C. — At around 2 a.m., 7-year-old twin brothers arrived at Mission Hospital in Asheville. Both had a fever, a cough, a rash, pink eye, and cold symptoms. The boys sat in one waiting room and then another. Two hours and 20 minutes passed before the two were isolated, according to Centers for Medicare & Medicaid Services records obtained by KFF Health News. Then two more hours ticked by. As the sun rose, an emergency room doctor called the state epidemiologist and described the symptoms. The public health official told him to keep the kids in the hospital and…

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U.S. airlines canceled over 2,000 flights on Tuesday, far fewer than a day earlier, as a powerful winter storm that disrupted airports across the Northeast was expected to ease by evening, with strong winds expected to continue into the early hours. Over 2,000 flights canceled, 600 delayed as of 06:00 a.m. ET, Tuesday, according to data from FlightAware. Nearly 6,000 flights were canceled on Monday, along with about 4,000 delays. The National Weather Service said the storm was expected to move away from the country on Tuesday, though strong winds could continue through the morning hours. Among major carriers, JetBlue…

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Britain on Tuesday sanctioned Maritime Mutual, the New Zealand-based marine insurer that was the subject of a Reuters special report into how it had helped in the trade of tens of billions of dollars of Iranian and Russian oil. “(Maritime Mutual) is or has been involved in obtaining a benefit from or supporting the Government of Russia by carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian energy sector,” the British government said in a statement. Reuters’ reported in October that Maritime Mutual had insured several vessels in what’s known as the…

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Despite assurances from President Claudia Sheinbaum and her security minister Monday that Mexico was returning to normal after a weekend of cartel violence, many vacationers to Puerto Vallarta and other cities still faced canceled flights and shelter-in-place warnings. The travel disruptions began Sunday as criminal groups set up blockades, burned vehicles and attacked businesses in retaliation for the capture and killing of Nemesio Oseguera Cervantes, Mexico’s most wanted drug kingpin. Foreign governments including Canada and the US issued travel advisories and shelter-in-place recommendations for citizens traveling in the country, and dozens of flights were canceled to parts of Mexico. Sheinbaum…

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A ransomware attack forced the University of Mississippi Medical Center to close all of its roughly three dozen clinics around the state and cancel elective procedures for a second day on Friday, hobbling one of the state’s largest health care providers. University officials warned that the shutdown could continue for days as they try to evaluate the extent of the attack, including whether patients’ sensitive information was compromised, and restore network systems they took down as a precaution. Richard Bell, 55, drove three hours from his home in Oxford the medical center’s main campus in Jackson on Friday only to…

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The North Carolina house fire that killed NASCAR driver Denny Hamlin’s father and injured his mother has been ruled accidental but it’s still unclear what started it. A report released by Gaston County Emergency Management & Fire Services said the Dec. 28 fire at the two-story home originated in a bedroom, but the “cause of ignition” is “undetermined.” Otherwise, the investigation determined the fire as accidental, Gaston County spokesperson Adam Gaub wrote in an email Friday. Hamlin’s parents, Dennis and Mary Lou Hamlin were found outside the home the evening of the fire suffering from catastrophic injuries, officials said. Dennis…

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Evaluating the impact of TrumpRx requires a closer look at how most Americans access prescription medication. Sixty-six percent of people under age 65 have private health insurance, including 58% with employer-sponsored coverage and 8% with individual insurance purchased on or off ACA Marketplaces. Nearly all (99%) workers with employer-sponsored coverage are at a firm that provides prescription drug coverage to enrollees in its largest health plan.  The discounts currently advertised on TrumpRx are only available to those purchasing medications without using insurance. The “Frequently Asked Questions” at the bottom of the TrumpRx landing page explicitly state that the discounted pricing…

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With Arundo Re recently completing its eighth vintage of its 157 Re reinsurance sidecar, Mathieu Halm, Board Secretary and Chief Retrocession & Alternative Capital Officer of the firm recently told Artemis how the vehicle has become a reliable and central alternative capital vehicle for the firm, and how the company sees it as one of the cornerstones of its broader capital management framework.Arundo Re, previously named CCR Re but rebranded last year, utilises the 157 Re reinsurance sidecar vehicle to align itself with third-party investors and benefit from their appetite to share in its underwriting returns. During a recent interview…

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Twenty professional models who sued three Massachusetts-based strip clubs alleging that the clubs used their images in commercial advertisements without their consent and without paying them have been denied their bid to collect from one of the clubs’ insurers on a $1.9 million consent judgment against the club owners. The federal district court in Massachusetts recently ruled that Blackboard Specialty Insurance Co. is under no obligation to cover the consent judgment under the two commercial general liability policies it wrote for the clubs. U.S. District Judge Allison D. Burroughs found the insurer is under no obligation because most of the…

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Women in Wisconsin will soon be eligible to receive expanded Medicaid coverage for up to a year after giving birth following near-unanimous passage of a measure last week by the Wisconsin Assembly that would leave Arkansas as the only state yet to expand such benefits. Wisconsin Democrats, and even most Republicans, have pushed for years to expand Medicaid coverage for new mothers, only to be blocked by powerful Republican Assembly Speaker Robin Vos. Vos had argued that he opposed expanding welfare programs, but he relented. The Assembly also unanimously passed another bill with bipartisan support to require insurance to cover…

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