Personnel Changes: Everest Re Appoints Haines from Carpenter as Global Head of Engineering; MGA Aqueous Elevates Dorrell to New Position as Head of Property/Casualty.

Everest Re and Aqueous Underwriting have recently made significant appointments aimed at strengthening their leadership teams and enhancing their service offerings. Alex Haines has joined Everest Re as the global head of Engineering. He comes with over 20 years of experience in construction and engineering, having previously worked at Guy Carpenter as managing director. In … Read more

AM Best Lifts Negative Outlook, Anticipates Ongoing Profitability for Pie Insurance

AM Best has made a significant update regarding The Pie Insurance Company and its affiliate, Pie Casualty Insurance Company. The ratings agency has affirmed their Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent). This comes after the ratings were put under review with negative implications earlier this year … Read more

Measles Cases Increase as Outbreak Reaches Kansas

Measles outbreaks in West Texas and New Mexico have reached alarming levels, with over 370 cases reported and two unvaccinated individuals tragically losing their lives due to the disease. This resurgence of measles, which was declared eliminated in the U.S. in 2000, highlights the critical importance of vaccination. Texas health officials reported an increase of … Read more

Missouri DCI to Deploy Consumer Specialists to Jefferson and St. Louis Counties

Consumer specialists from the Missouri Department of Commerce and Insurance (DCI) are stepping in to help residents affected by the recent severe storms in Jefferson and St. Louis Counties. They will be available at Multi-Agency Resource Centers (MARC) to answer questions about insurance and assist with the recovery process. These MARCs serve as one-stop shops, … Read more

California Agency Releases Guidelines for Healthcare Providers Impacted by LA Wildfires

The California Department of Managed Health Care (DMHC) has stepped in to support healthcare providers affected by the recent wildfires in Los Angeles. In a new all-plan letter, the DMHC has outlined several measures to help these providers continue their work during this challenging time. One significant change is the extension of prior authorization for … Read more

Acting Director Announces SEC’s Shift Towards Traditional Cases Under New Leadership

The U.S. Securities and Exchange Commission (SEC) is shifting its focus back to traditional enforcement cases under new leadership. Sam Waldon, the acting enforcement director, announced on Monday that the agency will prioritize cases involving individual wrongdoing and fraud, especially those targeting senior citizens. This marks a significant change from the SEC’s recent approach, which … Read more