Hadron to acquire GCNA from Intact subsidiary

Carriers like Mercury General, with a strong presence in California, reported heavier losses. The state’s FAIR Plan, which insurers high-risk properties, also reported significant losses, estimated at $4 billion. Its cash and surplus levels are expected to drop from $1.5 billion at the start of the year to $305 million by June, prompting a $1…

Insurer also investing in technology and data science Source link

In 2025, the Affordable Care Act (ACA) reporting saw a simplification with Form 1095-C only needing to be distributed upon request. . The telemedicine exception for High Deductible Health Plans (HDHPs)/Health Savings Account (HSA) plans was also eliminated. Furthermore, new HIPAA privacy rights regarding lawful reproductive health care were established.  Simplified ACA Reporting: Form 1095-C, which details employer-provided health…

Furthermore, the company’s customer care department is expanding with a range of call center positions, including Spanish bilingual representatives and licensed insurance agents. The in-house legal team is also hiring defense attorneys in Sherman Oaks, California; Atlanta, Georgia; Long Island, New York, and multiple cities in Florida and Texas. Other openings include positions for territory…

“We looked at 14 pools, different pools around the world, [and] most of these pools do not bring focus to the importance of resilience,” said Golnaraghi. “In fact, most of them, because of solidarity based principles, allow people to live in high-risk zones.” Source link

Mediobanca, based in Milan, holds a 13% stake in Generali, making it the insurer’s largest shareholder. The holding has been a point of contention between Mediobanca and other major investors in Generali, including the family of the late Leonardo Del Vecchio and businessman Francesco Gaetano Caltagirone. Both investors also hold stakes in Mediobanca and have…