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CH Insurance is hiring…Where Every CHampion Belongs
Ready for a CHange? CH Insurance is expanding our team in 2025! Team Strength Have you ever heard of the “OLIVUS” principle? Our Corporate Storyteller, Angela Moonan, has worked on it with our team for many years. At the heart of the OLIVUS Principle rests the notion that all of us are better together, than…

New Mexico court issues ruling on medical marijuana costs coverage
However, the court sided with the defendants, namely Blue Cross and Blue Shield of New Mexico, Presbyterian Health Plan Inc., and Western Sky Community Care Inc., based on the structure of New Mexico’s Benchmark Plan. This plan, which guides insurer coverage in the state, does not explicitly cover cannabis and excludes reimbursement for substances that…

Steadfast expands broker offering in New Zealand
“The success of our business pack on SCTP [Steadfast Client Trading Platform] with six insurers, has paved the way for this exciting new offering, which has been well received by our broker network,” said Neil Cousins (main picture), CEO of Steadfast NZ. Source link

Sixth Circuit affirms dismissal of subcontractor’s insurance fraud suit over subguard claim
The dispute began with a subcontract between Continental and US Framing to provide framing services for two student housing projects—one in Knoxville, Tennessee, and the other in Ann Arbor, Michigan. Work began in 2017, but disagreements quickly emerged over delays on the Knoxville project. In December 2017, the parties amended the subcontract, agreeing to abandon…

Policyholders sue Penn Mutual Life Insurance
The lawsuit claims Penn Mutual agents promoted “tax-advantage strategies” tied to life insurance and related products, which were ultimately “shams” with benefits described as “illusory and/or illegal.” Policyholders allegedly suffered financial losses through premium payments, loan interest, and other costs, while agents profited from commissions, bonuses, and fees. Source link