CEO Carl Ruderman’ s part in the 1 Global Capital fraud already has cost him money— a $15 million civil penalty, another $750,000 cash dunning— and real estate, as in 50% of the equity in a five-bedroom, 12- bathroom Aventura condominum. Ruderman’ s indictment puts the size of the 1 Global Capital fraud at $250 million, the lowest estimation to appear in any of the…
Newswires
HAMLER— The Henry County South Joint Ambulance District Board of Trustees recently approved a couple of items relating to insurance. Full-time employees will be eligible for a maximum of $5,400 for single and $10,800 for family. A short term and long-term disability insurance plan for full-time employees was also approved at an annual cost of $4,876.68…
–Sapiens International Corporation,, a leading global provider of software solutions for the insurance industry, announced today that Sapiens ReinsuranceMaster was recognized as a "Luminary" solution in Celent's 2023 Ceded Reinsurance Solutions Global Report. Research and consulting firm Celent profiled 12 global ceded reinsurance solutions.
Sapiens ReinsuranceMaster Platform Named as "Luminary" Solution in. Rochelle Park, NJ, July 31, 2023- Sapiens International Corporation,, a leading global provider of software solutions for the insurance industry, announced today that Sapiens ReinsuranceMaster was recognized as a "Luminary" solution in Celent's 2023 Ceded Reinsurance Solutions Global…
–The American Land Title Association, the national trade association of the land title insurance industry, alongside AARP and the Nevada Land Title Association applaud the Nevada legislature for passing Senate Bill 355, which includes provisions protecting homeowners from the predatory practice of filing unfair real estate fee agreements in property…
MUMBAI, India, July 31, 2023/ PRNewswire/– Liberty General Insurance, one of the leading non-life insurance companies in India, has been appointed as the "Lead Insurer" for Delhi by the Insurance Regulatory and Development Authority of India. IRDAI's decision to identify Liberty General Insurance as the lead insurer for Delhi is a strategic move to improve…
–Today, Blitz Insurance, a specialty insurance carrier, partners with Ascend to modernize payment experiences for insurance brokers selling in specialty markets. With this partnership, Blitz Insurance will open new customer segments by offering both direct bill and premium financing into their payments workflow. Ascend meets our needs for a better…
House Republicans have advanced a package of bills that could reduce health insurance costs for certain businesses and consumers, partly by rolling back some consumer protections. Most of the GOP policy ideas have long drawn Republican support, have raised concern from Democrats about reduced consumer protections, and could fall under the theme:…
Net income up 49% to $283 million versus $190 million in the prior year quarter; core income up 34% to $308 million versus $230 million in the prior year quarter. P&C core income of $374 million versus $317 million in the prior year quarter, reflects higher investment income and record high pretax underlying underwriting income, partially offset by higher…
—CHICAGO— CNA Financial Corp. on Monday reported second-quarter earnings of $283 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.12 per share. This story was generated by Automated Insights using data from Zacks Investment Research.
–CNA Financial Corporation today announced second quarter 2023 net income of $283 million, or $1.04 per share, versus $190 million, or $0.69 per share, in the prior year quarter. Our Life& Group segment produced a core loss of $20 million for the second quarter of 2023 versus $9 million in the prior year quarter primarily due to long term care policy buyouts.
The rise of mega-transactions, managing pension scheme illiquid asset holdings through deferred premiums, and full-scheme transactions are among the key trends set to dominate the de-risking market during the second half of 2023.. Kunal Sood, Managing Director of Defined Benefit Solutions and Reinsurance at Standard Life, part of Phoenix Group, discusses…
And it’ s been federal law since 1996, when President Bill Clinton signed the Mental Health Parity Act, a statute whose obligations were reiterated, expanded and refined in the 2008 Mental Health Parity and Addiction Equity Act. To the rescue, he hopes, comes President Biden, with a proposed federal rule aimed at health insurers. Even before then-Second Lady…
Agency: " Centers for Medicare& Medicaid Services, Department of Health and Human Services." The GAPB Advisory Committee will make recommendations with respect to the disclosure of charges and fees for ground ambulance services and insurance coverage, consumer protection and enforcement authorities of the Departments of Labor, Health and Human Services, and…
Airplanes, 49280-49283 The Boeing Company Airplanes, 49284-49287 PROPOSED RULES Airworthiness Directives: Rolls-Royce Deutschland Ltd and Co KG Engines, 49361-49364 Federal Communications Commission PROPOSED RULES Shared Use of the 42-42.5 GHz Band, 49423-49433 Federal Deposit Insurance Corporation NOTICES Meetings; Sunshine Act, 49462-49463…
Document Number: "Docket ID: FEMA -2023-0011; OMB No. 1660-0015". The submission seeks comments concerning information required by FEMA to amend or revise National Flood Insurance Program maps to remove certain property from the one-percent annual chance floodplain. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the…
Even by Miami standards, John H. Ruiz has been living large. The brash attorney and entrepreneur has also become known as the sugar daddy of the University of Miami athletic program, making headlines for his company’ s sponsorship of star players and bold proposals to build the university a new football stadium. The Miami Herald has learned that Ruiz and his health…
When David LeBoeuf listed his Gentilly house for sale in May, he thought the newly renovated, two-bedroom cottage would move quickly with a price tag of $315,000, or roughly $190 per square foot. For the first six months of the year, the median sale price of a single-family home was down 3.6% across the nine-parish metro region compared to the same period in 2022,…
Even by Miami standards, John H. Ruiz has been living large. The brash attorney and entrepreneur has also become known as the sugar daddy of the University of Miami athletic program, making headlines for his company’ s sponsorship of star players and bold proposals to build the university a new football stadium. The Miami Herald has learned that Ruiz and his health…
