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Area Insurance Professional Receives “Noble Achievement Award”

November 15, 2024

Springfield, MO November 15, 2024—- Neil Bruce Porter Receives Highest Honorary Award from American Equity, a Top Fixed Index Annuity Provider American Equity Investment Life Insurance Company ®, a leading issuer of fixed index and fixed rate annuities, announces Neil Bruce Porter, President, Advisor, and Founder of The Resource Center Inc., in Springfield, Mo.,…

PFSL Fund Management Ltd. Announces Risk Rating Change for Primerica Income Fund

November 15, 2024

PFSL Fund Management Ltd. announced today that it has changed the risk rating for Primerica Income Fund from "low" to "low to medium”. About PFSL Fund Management Ltd.. PFSL Fund Management Ltd. is an investment manager and subsidiary of Primerica Financial Services Ltd. The Primerica family of companies, including PFSL’ s parent company, PFSL Investments Canada…

AM Best Affirms Credit Ratings of Delphi Financial Group, Inc. and Its Subsidiaries

November 15, 2024

AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of the life/health subsidiaries of Delphi Financial Group, Inc.: Reliance Standard Life Insurance Company and First Reliance Standard Life Insurance Company. AM Best also has affirmed the FSR of A++ and the Long-Term ICRs of“ aa+” of DFG’ s property/casualty…

AM Best Affirms Credit Ratings of China Reinsurance (Group) Corporation and Its Subsidiaries

November 15, 2024

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of China Reinsurance Corporation and its subsidiaries. The ratings also reflect the support China Re receives from its ultimate parent, China Investment Corporation, the sovereign wealth fund of the Chinese government. Underwriting IFRS 17 and IFRS 9…

Existing Home Sales Post Biggest Increase in Nearly Three Years

November 15, 2024

The median home sale price increased 5.2% year over year to $435,313 in October— the biggest annual gain in six months. The Federal Reserve had also just made news by cutting its benchmark interest rate and outlining plans for future cuts. Redfin agents say some buyers entered the market because they assumed the September 18 decision would cause mortgage rates…

Idaho family fights for and wins coverage of treatment for daughter’s rare condition | Opinion

November 15, 2024

Gianna Coulter wants to be a professional soccer player someday. For now, though, the Melba 13- year-old has to take a break from playing on the soccer team, running on the cross country team or barrel racing. “About 90% of the day—” her dad, Logan Coulter, began to break down and had to stop to compose himself during a video call with me on Tuesday.

Open enrollment for Access Health CT has begun

November 15, 2024

Connecticut residents can enroll in health or dental insurance through the state's Affordable Care Act insurance exchange marketplace, Access Health CT, with assistance at no cost during the annual open enrollment season from now until Jan. 15. Through Access Health, 22 qualified health plans are available with three insurance carriers– Anthem,…

Health Insurance Marketplace enrollment underway

November 15, 2024

Delaware's Health Insurance Marketplace's open enrollment period is underway after a Nov. 1 launch. The open enrollment period will run through Jan. 15, 2025. Coverage for enrollees who sign up by Dec. 15 and pay their first month's premium will be effective Jan. 1.

Policymakers defend Fed independence amid concerns about Trump era

November 15, 2024

The defense was led by Fed Chair Jerome Powell, who told a conference in Dallas, Texas, that rate decisions "cannot be reversed by any other part of the government, except, of course, Congress." Congress created the Federal Reserve System more than a century ago, and later gave it a dual mandate to tackle inflation and unemployment free from political interference–…

Local TV reality star McBee pleads guilty to crop insurance fraud

November 15, 2024

McBee admitted that he engaged in fraudulent activity from 2018 to 2020 that caused an economic loss to the U.S. Department of Agriculture. Additionally, McBee must forfeit to the government $3, 158, 923.. McBee admitted that he made a false report to Rain& Hail, a company reinsured by the Federal Crop Insurance Corporation.

APS to drop health care provider, increase premiums next year

November 15, 2024

Albuquerque Public Schools employees will see a double-digit increase to their health care premiums and have one less provider to choose from starting next year. But some APS staff members who spoke to the Journal, including Sean Thomas, a teacher and executive vice president of the Albuquerque Teacher Federation, criticized the district for the health care…

Delta Dental of Tennessee adds CRO

November 15, 2024

Delta Dental of Tennessee has announced the appointment of industry veteran Barry Boster as its chief revenue officer. Boster joins Delta Dental of Tennessee from Lockton, which bills itself as the world's largest independent and privately held insurance brokerage firm. "Barry's terrific experience, reputation, proven ability to drive growth, and…

Consumer Alert: James warns of health insurance scams

November 15, 2024

New York Attorney General Letitia James on Tuesday issued a consumer alert warning New Yorkers about common health insurance scams as open enrollment begins for insurance plans through New York's Affordable Care Act marketplace. James said New Yorkers have until Dec. 15, 2024, to enroll through the New York State of Health marketplace for health coverage…

Increased sales taxes could worsen Louisiana's already high insurance premiums

November 15, 2024

Increased sales taxes could worsen Louisiana's already high insurance premiums. In total, 41 additional services will be added to Louisiana's list of taxed services. When you take that away, it generally does not favor the consumer, "said Rodney Braxton, an insurance representative from Southern Strategies.

Powell says no need for Fed to rush rate cuts given strong economy

November 15, 2024

Ongoing economic growth, a solid job market, and inflation that remains above the 2% target mean the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday. In remarks that align with a developing expectation in financial markets for fewer rate cuts next year than…

Queens Car Accident Attorney Keetick L. Sanchez Discusses Insurance Claim Investigation Timelines in New Article

November 14, 2024

Keetick L. Sanchez, a seasoned Queens car accident attorney at K L Sanchez Law Office, P.C., offers vital insights into the complex matter of insurance claim investigations following an accident. Having an attorney who understands the intricacies of New York's insurance claim process is crucial for accident victims in Queens and surrounding areas.

How major US stock indexes fared Thursday, 11/14/2024

November 14, 2024

U.S. stocks slipped as the market’ s big burst following Donald Trump’ s election continued to cool. The S&P 500 dipped 0.6% Thursday. Short-term Treasury yields swung following the latest economic reports before rising after Chair Jerome Powell said the Federal Reserve is not in a hurry to cut interest rates.

Best’s Market Segment Report: AM Best Maintains Stable Outlook on South Korea’s Non-Life Insurance Market

November 14, 2024

AM Best has maintained its stable outlook on South Korea’ s non-life insurance segment, noting a moderate expansion within the industry that is being driven by long-term business as non-life insurers strive to secure a stable source of future profits under IFRS 17 accounting standards. Amid the modest pace of South Korea’ s economic recovery, the country’ s…

Conference Call – Transcript (BNS Q324 Transcript)

November 14, 2024

EXCEPT AS REQUIRED BY LAW, THE BANK OF NOVA SCOTIA DOES NOT UNDERTAKE ANY OBLIGATION TO UPDATE THE INFORMATION, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE. Statements of this type are included in this document, and may be included in other filings with Canadian securities regulators or the U.S. Securities and Exchange Commission, or in…

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