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CompSource Mutual, based in Oklahoma City with additional operations in Tulsa, has provided workers’ compensation coverage to businesses across the state for more than 85 years. Established in Oklahoma’s capital, the company has adapted alongside the state’s changing economic landscape while maintaining a focus on serving local employers and their employees.
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[ad_1] Health insurance premiums in the US In 2024, the United States experienced a significant increase in health insurance premiums. The average annual premiums rose by 6%, reaching $8,951 for single coverage and $25,572 for family coverage. This uptick was primarily driven by escalating medical costs and heightened utilization of healthcare services. [ad_2] Source link
[ad_1] The bill would mandate that insurers disclose a breakdown of premiums collected specifically for Scaffold Law-related risks, as well as paid judgments, case reserves, incurred but not reported loss estimates, and defense expenses. Insurers would also be required to report on investment income derived from these premiums, salaries of their 20 highest-paid employees, and…
[ad_1] According to Fitch, the sector recorded a combined ratio of 97%, down from 107% in 2023. The improvement ended a three-year stretch of underwriting losses, with the turnaround driven by easing claims severity, steady claim frequency, and higher premiums from rate increases. [ad_2] Source link
[ad_1] This incentive is provided in the form of an increase in the Rate of Guaranteed Additions. It is applicable to different categories of existing policyholders, including the nominee or beneficiary of a deceased policyholder, for the Base Plan (under both Option-I and Option-II). The eligible categories are as follows: An existing policyholder who has…
[ad_1] Sovereign funds rally to calm volatile equities [ad_2] Source link
[ad_1] According to its approved application filed May 20, Viceroy is forming as a Florida stock corporation with 500,000 shares of common voting stock at a $50 par value. Monarch will hold 90,000 shares, while 10,000 shares will go to funds managed by or affiliated with Hale. The company will write homeowners multiperil lines in…
