Category: Business Insurance

Dive Brief: Healthcare payer trade group America’s Health Insurance Plans (AHIP) has accused out-of-network test providers of price gouging in COVID-19 testing, the latest in the debate over the cost of tests and who is paying for them after Congress mandated that patients pay nothing out of pocket. At the same time, clinical laboratory trade group ACLA last week said tri-agency...

OLDWICK, N.J.–(BUSINESS WIRE[1])–AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Journey Insurance Company (Journey) (St. Petersburg, FL). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Journey’s balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, limited...

TROY, Mich.–(BUSINESS WIRE[1])–Even as deaths associated with COVID-19 eclipse 200,000 in the United States, consumers don’t seem motivated to buy life insurance and life insurance customers are largely apathetic toward their insurer despite some standout performances. According to the J.D. Power 2020 U.S. Life Insurance Study,SM released today, a combination of infrequent client communications and a pervasive perception of high...

A leader in the insurance marketplace, Insuranks.com has announced findings of the cheapest business insurance companies for 2020. The reported policies in Insuranks.com’ analysis provide liability and damage protection to save businesses money. Insurance educational and comparison website, Insuranks.com, has released its 2020 cheap business insurance study. A comprehensive market research study, Insuranks.com has analyzed and compared the most affordable...