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August 3, 2017 Newswires
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Rounds aims for both health care, tax reform by 2018

Daily Republic (Mitchell, SD)

Aug. 03--U.S. Sen. Mike Rounds hopes to bring health care reform back from the dead, but he's content with moving on to tax reform for the time being.

Last week, Rounds and fellow South Dakota Republican U.S. Sen. John Thune joined 47 other senators to a narrow defeat to repeal portions of the Affordable Care Act. And if health care reform appears viable, Rounds is ready to put tax reform aside and return to the health care debate.

"We're going to try to do both, and I think tax reform would probably end up taking the back seat yet if we can more forward on health care reform," Rounds said in a call with media on Thursday.

The former South Dakota governor said he'll work with anyone on either side of the aisle to help reform the existing health care system he has repeatedly said is falling victim to rising premiums. What's more likely, however, is the Senate moves on to what may be a more successful battle: tax reform.

Rounds isn't a novice in the tax reform discussion, having introduced legislation in May he said would cut the average South Dakota family's tax burden by 16 percent. That legislation, which Rounds referenced Thursday, would've cut taxes 2 percent in each bracket.

If there's one area Rounds believes "everyone agrees," it's that taxes are "too high."

And while Republicans weren't able to reform Obamacare when it had sole possession of the spotlight, the optimistic senator suggested both the health care system and tax code could be reformed simultaneously.

"I'll take either one. They don't have to be one or the other, but I think we want to get them both done and I'd like to see them both done before the end of the year," Rounds said.

With the August recess back on after the failed health care vote, Rounds will be back home in South Dakota next week. And while signing off from his call with reporters on Thursday, he confirmed he will attend Dakotafest southeast of Mitchell in mid-August.

___

(c)2017 The Daily Republic (Mitchell, S.D.)

Visit The Daily Republic (Mitchell, S.D.) at www.mitchellrepublic.com

Distributed by Tribune Content Agency, LLC.

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August 25, 2026 Newswires
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AM Best Withdraws Credit Ratings of New Providence Life Insurance Company

Business Wire

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has withdrawn the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of New Providence Life Insurance Company (New Providence Life) (Nassau, Bahamas). At the time of the withdrawal, the Credit Ratings (ratings) outlooks were stable.

AM Best’s procedure is for a final rating opinion to be produced in conjunction with a rating withdrawal. However, in this case, a final rating opinion could not be provided due to a lack of sufficient updated financial information and strategy for this entity post-acquisition.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260825935842/en/

Jaime Quito
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Joseph Zazzera
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Christopher Sharkey
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Al Slavin
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Source: A.M. Best Rating Services, Inc.

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