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News

Insurance Business
insurancebusinessmag.com > us > news > benefits > empower-closes-us340-million-milliman-deal-588484.aspx

Empower closes US$340 million Milliman deal

1+ week, 4+ day ago   (543+ words) Great-West Lifeco's US subsidiary Empower has closed its acquisition of Milliman's retirement plan and benefits administration business, first announced on June 30. The deal adds roughly 400 defined benefit plans covering about 790,000 participants and US$80 billion in client assets, more than 1,100 defined…...

Insurance Business
insurancebusinessmag.com > us > news > excess-surplus > 44-of-us-rate-filings-draw-a-regulator-objection-report-finds-586796.aspx

44% of US rate filings draw a regulator objection, report finds

3+ week, 4+ day ago   (223+ words) Nearly half of all US property and casualty rate filings drew at least one formal objection from state regulators over the past year, adding a median 38 days to the approval process, according to a new report from ZestyAI. The Approval…...

Insurance Business
insurancebusinessmag.com > us > news > claims > 44-of-us-rate-filings-draw-a-regulator-objection-zestyai-report-finds-586796.aspx

44% of US rate filings draw a regulator objection, ZestyAI report finds

3+ week, 4+ day ago   (223+ words) Nearly half of all US property and casualty rate filings drew at least one formal objection from state regulators over the past year, adding a median 38 days to the approval process, according to a new report from ZestyAI. The Approval…...

Insurance Business
insurancebusinessmag.com > ca > news > auto-motor > alberta-carefirst-pricing-can-now-begin--but-the-260-savings-figure-is-not-locked-in-586593.aspx

Alberta Care-First pricing can now begin - but the $260 savings figure is not locked in

3+ week, 5+ day ago   (612+ words) The Alberta government has released additional regulatory details for its Care-First auto insurance model, giving insurers the specifics they need to begin pricing the new system and preparing renewal notices ahead of its January 1, 2027 launch. According to the new regulations,…...