UnitedHealthcare Selected by New Mexico Human Services Department To Serve Medicaid Members via Turquoise Care
The New Mexico Human Services Department has announced its intention to award UnitedHealthcare as one of four organizations to administer Turquoise Care, the state’s Medicaid program, statewide. After contract negotiations conclude, UnitedHealthcare expects its Medicaid offering to be available to…
Chubb Appoints Janice Mo to Lead its General Insurance Operations in Korea
Chubb today announced that Janice (Jae-Kyung) Mo has been appointed Country President of the company’s general insurance business in Korea, subject to regulatory approval. Currently, Mo serves as Senior Vice President for Property & Casualty, Claims and Corporate Strategy, for the…
Humana Supports Health Equity, Community Organizations via National Grants
Humana (NYSE: HUM) announced sixteen community-based organizations across the nation will receive grants totaling over $121,500. With millions of medical and specialty care members across the nation, the healthcare company is taking intentional action toward a more equitable, accessible and…
Humana Ranked No. 1 Among Health Insurers for Customer Experience
For the third year in a row,Humana ranked No. 1 among health insurers for customer experience (CX) by Forrester*. Humana received the highest CX Index™ score among Health Insurers in Forrester’s proprietary 2023 CX Index™ survey. The ranking was based…
The “Digital Wallet Race” Intensifies as Banks and Fintechs Around the World Invest in Insurance: Chubb Survey
A new survey from Chubb, the world’s largest publicly traded property and casualty insurance company, reveals that a majority (56%) of financial executives involved in insurance decision-making globally expect to generate more than 10% of their revenue from embedded insurance within three years.…
Cigna Healthcare Helps Customers Screen for Dental Health Issues From Their Smartphone
Cigna Healthcare announced that its dental customers are now able to use their smartphone to screen for potential oral health issues, such as cavities and gum disease. The no-cost screenings are powered by SmartScan and aim to encourage the millions…
Wells Fargo & Company Declares Cash Dividends on Preferred Stock
Wells Fargo & Company (NYSE: WFC) yesterday announced dividends on eight series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000…
Morgan Stanley Declares Dividends on Its Preferred Stock
New York — Morgan Stanley today declared a regular dividend on the outstanding shares of each of the following preferred stock issues: The dividends for the Preferred Stock Series M and N are payable on September 15, 2023 to stockholders…
Morgan Stanley Schedules Quarterly Investor Conference Call
Morgan Stanley (NYSE: MS) will announce its third quarter 2023 financial results on Wednesday, October 18, 2023, at approximately 7:30 a.m. (ET). A conference call to discuss the results will be held on October 18, 2023, at 8:30 a.m. (ET).…
Goldman Sachs Announces Redemption of All Outstanding Depositary Shares Representing Interests in Its 5.50% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series J
The Goldman Sachs Group, Inc. (NYSE: GS) (the “Company”) announced that it will redeem all outstanding shares of its 5.50% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series J (“Series J Preferred Stock”) and the corresponding 40,000,000 depositary shares (“Depositary Shares”) each…
Schwab Reports Monthly Activity Highlights
The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of July 2023 include: Commentary from the CFO Chief Financial Officer Peter Crawford commented, “As we continue to progress through the Ameritrade client conversion, we…
Progressive Insurance® Awards $250,000 to Black Entrepreneurs Through Driving Small Business Forward Grant Program
Progressive Insurance®, the leading commercial auto insurer in the United States, has announced the 10 recipients of its 2023 Driving Small Business Forward grant with Hello Alice in support of Black entrepreneurs. Each small business owner has been awarded a $25,000 grant for use…