2023 APR 28– By a News Reporter-Staff News Editor at Insurance Daily News– A patent application by the inventors Abaya, Maria Nina; Navratil, Zoran; Polen, Michael, filed on October 4, 2021, was made available online on April 13, 2023, according to news reporting originating from Washington, D.C., by NewsRx correspondents. This patent application is assigned to…
Newswires
2023 APR 28– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Engineering have been published. According to news originating from Dhaka, Bangladesh, by NewsRx correspondents, research stated,“ In recent years, blockchain technology has been successfully used in many distributed environments where different…
eHealth, Inc. Reiterates Fiscal Year 2023 Guidance Ahead of First Quarter 2023 Earnings Announcement
–eHealth, Inc., a leading private online health insurance marketplace, today reiterated its previously issued outlook for 2023. Total revenue is expected to be in the range of $420 million to $440 million. GAAP net loss is expected to be in the range of $55 million to $35 million. Adjusted EBITDA is expected to be in the range of$ million to $5 million. Operating cash…
AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Ratings to“ a-” from“ bbb+” of Austral Resseguradora S.A. and Austral Seguradora S.A. Concurrently, AM Best has affirmed the Long-Term ICR of“ bb+” of Austral Participações S.A.. All companies are domiciled in Brazil, and collectively are referred to as Austral.
2023 APR 28– By a News Reporter-Staff News Editor at Defense& Aerospace Daily– Department of Justice. LOS ANGELES- A former doctor has been sentenced to 84 months in federal prison for scheming to defraud private insurance companies and the Tricare health care program for U.S. military service members by fraudulently submitting nearly $120 million in claims…
You should read the following discussion and analysis in conjunction with our consolidated financial statements and the related notes thereto included in Item 1 of Part I. Unless otherwise indicated, all references to "we," "us," "our," "the Company," or similar terms refer to EHI, together with its subsidiaries. Factors that could cause the Company's actual results to…
The Inflation Reduction Act achieves a key goal for policymakers: popular support. It allows the government to greatly expand its power over private drug companies and health insurance plans. This new expansion of government intervention is focused on the drugs and vaccines for the most costly and highest-need people in the US, seniors, and the disabled.
At March 31, 2023, our subsidiaries operated 61 hospitals serving primarily urban and suburban communities in nine states. Our Hospital Operations segment also included 109 other outpatient facilities at March 31, 2023, the majority of which are provider based and freestanding imaging centers, off campus hospital emergency departments and…
Gavin Newsom officially tasked a cadre of California National Guard and California Highway Patrol officials to fight the rampant rise of fentanyl in San Francisco. "The enforcement side is incredibly important," San Jose Mayor Matt Mahan said in an interview. " San Francisco had 620 accidental fatal fentanyl overdoses, according to the Office of the Chief…
CB Financial Services, Inc., the holding company of Community Bank and Exchange Underwriters, Inc., a wholly-owned insurance subsidiary of the Bank, today announced its first quarter 2023 financial results. Total assets increased to $1.43 billion from $1.41 billion. Total loans increased $22.0 million, or 8.4% annualized, to $1.07 billion compared to $1.05…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Aspida Life Re Ltd. and Aspida Life Insurance Company. The outlook of these Credit Ratings is stable. The ratings of Aspida Re and Aspida Life consider the strength of their balance sheets and overall liquidity sources, which have been bolstered by significant…
AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to C++ from B and the Long-Term Issuer Credit Rating to“ b+” from“ bb” of Wawanesa General Insurance Company. The rating downgrades reflect weakening in Wawanesa General’ s balance sheet strength assessment given an additional and large decline in…
Gavin Newsom officially tasked a cadre of California National Guard and California Highway Patrol officials to fight the rampant rise of fentanyl in San Francisco. "The enforcement side is incredibly important," San Jose Mayor Matt Mahan said in an interview. " San Francisco had 620 accidental fatal fentanyl overdoses, according to the Office of the Chief…
Penns Woods Bancorp, Inc. achieved net income of $4.7 million for the three months ended March 31, 2023, resulting in basic earnings per share of $0.66 and diluted earnings per share of $0.64. In addition, bank-owned life insurance income increased due to a gain on death benefit of $380,000 during the three months ended March 31, 2023, while an after-tax loss of…
FLORENCE— A Pinal County supervisor has paid $20,000 out of his personal funds and the county insurance pool has paid an additional $20,000 to settle a lawsuit brought by two top employees of the County Attorney's Office, who said they were smeared by false allegations of sexual misconduct. Pinal County Attorney Chief of Staff Garland Shreves and Finance…
The roots of our company were planted deep in 1965 with the founding of Security National Life Insurance Company. Starting with only $543,000 in assets, in a small rented house in Salt Lake City, Utah, Security National has grown into a strong industry leader in several fields of service. Security National Life Insurance Company in tuinvests its assets in high…
Main Street Altus, partnered with City of Altus Parks and Recreation, are pleased to host the 24th annual Rock and Rumble event that is scheduled for May 5-6. Food and craft vendors are open from 6- 10 p.m. at Courthouse Square. There is a $1 entry fee per car at S.W. Crop Insurance.
EVENT: The R Street Institute holds a discussion on "Ripe for Reform: Federal Crop Insurance." PARTICIPANTS: Jerry Theodorou, policy director of the R Street Institute Finance, Insurance and Trade Policy Program; Caroline Melear, resident fellow of finance, insurance and trade at the R Street Institute; and Anthony Lamorena, senior manager for federal government…
FLORENCE— A Pinal County supervisor has paid $20,000 out of his personal funds and the county insurance pool has paid an additional $20,000 to settle a lawsuit brought by two top employees of the County Attorney's Office, who said they were smeared by false allegations of sexual misconduct. Pinal County Attorney Chief of Staff Garland Shreves and Finance…
