Currently, the federal government covers 68% of premiums for policies offering up to 80% revenue or yield coverage and 53% for policies at the 85% coverage level. Under the bill, those subsidy rates would increase to 77% and 68%, respectively, according to an analysis released by Sen. John Hoeven, R-N.D., one of the bill’s sponsors.
Travis Bethune, customer and broker engagement leader for North America at BHSI, said that in his new role, Poppie will focus on expanding relationships with regional and global brokers across the US, while Cummins will lead efforts to grow customer and broker engagement in the Northern Central region. Source link
A newly introduced bill in Rhode Island could significantly change how insurers process claims in the state. Senate Bill S1015, introduced on May 2, 2025, proposes a sweeping update to the state’s Unfair Claims Settlement Practices Act, redefining unfair conduct and creating stricter requirements for claims handling, vehicle repairs, and settlement transparency. Source link
The tool manufacturing industry is growing steadily, fueled by demand across construction, industrial, and consumer markets. For tool manufacturers, the global “hand tools and woodworking tools” market size was valued at $10.3 billion in 2022 and is expected to expand at a compound annual growth rate of 5.1% from 2023 to 2030. As tool manufacturers…
Jump to winners | Jump to methodology Providing for Golden State employees The bar for Californian workplace safety is high and only getting higher. That’s in part due to the Division of Occupational Safety and Health of the California Department of Industrial Relations (Cal/OSHA) proactively setting the tone, often exceeding federal OSHA requirements. This translates into…
In parallel with the product launch, Westfield announced a $750,000 donation to the Center for Disaster Philanthropy (CDP) to support flood recovery and mitigation efforts. The contribution includes $500,000 for national recovery initiatives and $250,000 directed to CDP’s Atlantic Hurricane Season Fund, which addresses flood-related needs during hurricane season. Source link
Allard joins Starwood Capital with more than 27 years of financial services experience. Most recently, he helped establish Rothesay Asset Management North America, where he held dual roles as chief investment officer and head of Rothesay North America for seven years. Rothesay, originally founded within Goldman Sachs, was later acquired by Blackstone, GIC, and MassMutual…
