Jeffrey Sutton, a longtime Refinery Operator at Valero's Benicia refinery, has filed an ERISA lawsuit against Unum Life Insurance Company of America alleging that Unum miscalculated and underpaid his long-term disability benefits by roughly $3,467 per month by excluding years of mandatory, pre-scheduled overtime from his pre-disability earnings.
Former Federal Reserve Chairman Alan Greenspan died Monday at age 100. In his memoirs, Greenspan partly attributed his success and that of his predecessor Paul Volcker to having implemented the advice of Milton Friedman, founder of the "Monetarist" school of economics. Monetarists like the legendary Milton Friedman had long argued that until you contained…
A survey uncovered a hidden crisis is on the rise with caregivers across the nation experiencing long-term financial and emotional strain.
CPI TM, a payments technology leader providing a comprehensive range of physical and digital payment solutions, today announced it has acquired the TRISM on-premise instant issuance solution assets from HID Global Corporation. The transaction adds recurring revenue with an established base of multi-year customer relationships across the U.S. to CPI’ s…
AM Best has assigned a Preliminary Credit Assessment to Fortium Insurance Company Ltd. with a Financial Strength Assessment of A- pca and a Long-Term Issuer Credit Assessment of“ a-” pca. The outlook assigned to the PCA is stable. An initial capital contribution of approximately $110 million in 2026 and retained earnings through the forecast period are…
Mike Lundquist has joined Alliant Insurance Services as Vice President within its Employee Benefits Group. The Utah- based consultant will partner with employers to develop and implement strategic benefits solutions that support workforce goals, strengthen employee engagement, and align with long-term business objectives. “Mike’ s service-first…
Kennebunkport resident Kristin Fuhrmann-Simmons saw her family's health insurance costs increase ten-fold after Congress last year failed to extend pandemic-era tax credits for plans purchased on the marketplace. Four health insurance companies offering plans on Maine's marketplace, CoverMe.gov, have proposed double-digit rate increases next…
