Editor’ s Note: This article was written with the support of a journalism fellowship from The Gerontological Society of America, The Journalists Network on Generations and The Silver Century Foundation. The company also had a contract dispute with UNC Health earlier in 2024, WRAL reported. So, to be sure, she switched to a new Medicare Advantage plan, this time…
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As he enters the final month of his first and only presidential term, Joe Biden is speaking to history, emphasizing the positive side of his legacy while he can still command an audience. Inflation is under control, gas is down to $3 a gallon and the Federal Reserve has already sliced interest rates twice this fall. Biden hands that economy over to Donald Trump, a man…
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Gaviota Re S.A.. As of 31 December 2023, the funds Gaviota allocated to the inter-company loans with Repsol represented 58% of the company’ s total assets. In 2023, Gaviota reported after-tax profits of EUR 29.9 million, supported by a strong underwriting performance…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14 A PROXY STATEMENT PURSUANT TO SECTION 14 OF THE SECURITIES EXCHANGE ACT OF 1934 Franklin Resources, Inc. FRANKLIN RESOURCES, INC TABLE OF CONTENTS. Letter from Our Chairman and CEO December 20, 2024 DEAR FELLOW SHAREHOLDERS, The 2025 Annual Meeting of Stockholders of Franklin…
NEW YORK– December 20, 2024- Kaplan Fox& Kilsheimer LLP is investigating potential securities laws violations in connection with investments in Western Asset Management Company's U.S. Core strategy and U.S. Core Plus strategy, including investors in mutual funds Western Asset Core Bond Fund and Western Asset Core Plus Bond Fund. On November 25, 2024, the U.S….
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of“ bbb” of Irwell Insurance Company Limited. The outlook of the FSR is stable. Irwell’ s balance sheet strength assessment is underpinned by its risk-adjusted capitalisation at the strongest level,…
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Union Insurance Company P.J.S.C.. The Credit Ratings reflect Union’ s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and…
HOLLIDAYSBURG, Pa.– Ashlyn Adami wore a green plumber's cap to the doorstep of Luigi Mangione's court hearing Thursday in Hollidaysburg, identical to the hat worn by the Super Mario Brother with the same first name. The South Bend, Indiana, woman and her husband, Ethan, said they drove for eight hours because Mangione's case is shedding light on the ruthless reality…
The Dow Jones stock index essentially ended Thursday flat after having posted 10 days of losses. The Federal Reserve now sees inflation as staying stubbornly elevated as it has become cautious about further interest rate cuts planned for next year. He then promoted a deal reached with Republicans on Thursday that Democratic lawmakers and President Joe…
CCC Intelligent Solutions Inc., a leading cloud platform provider powering the P&C insurance economy and a subsidiary of CCC Intelligent Solutions Holdings Inc., announced today that it has signed a definitive agreement to acquire EvolutionIQ, Inc., the leading platform for AI-powered guidance for disability and injury claims management.
Tufts Health Direct, one of the most affordable health insurance plans offered through the state’ s marketplace, is ending in-network coverage for UMass Memorial Health and Boston Children’ s Hospital, resulting in thousands of individuals and families scrambling to find new providers or insurance plans entirely. Approximately 17,000 patients at UMass…
Your local hospital is feeling the pain of financial stress due to health insurers' policies at a precarious time, according to speakers at a Connecticut Hospital Association event on Wednesday. The mean hospital operating margin for Connecticut remained negative for the second straight year in fiscal 2023 at -0.5%, compared to a margin of 2.2% for the…
HOLLIDAYSBURG— The Blair County chapter in the Luigi Mangione saga has ended, at least for now, while the alleged killer of a health insurance executive faces both state and federal charges in New York. Jones scheduled a preliminary arraignment for Jan. 25, though there have been reports any Pennsylvania charges will be pursued after Mangione's New York case is…
Donald Trump's imminent return to the White House and uncertainty about his policy proposals has begun weighing on the US Federal Reserve, raising concerns of a reckoning between the central bank and the president-elect. Fed chair Jerome Powell acknowledged on Wednesday that Trump's economic platform, which includes the threat of major tariff hikes, the…
–Existing-home sales increased in November, according to the National Association of Realtors. "Home sales momentum is building," NAR Chief Economist Lawrence Yun said. According to Freddie Mac, the 30- year fixed-rate mortgage averaged 6.6% as of Dec. 12.
Wegovy sells for a list price– or price before discounts– of $1,349 per month in the U.S. The same drug lists for $265 in Canada and less than half of that in the U.K. These dramatic differences illustrate a larger issue: The list price of patented drugs in the U.S. are far higher than in other rich countries. Bernie Sanders spoke for many Americans when he said the high…
NEW YORK- The suspect in the killing of UnitedHealth Group executive Brian Thompson was charged with federal murder and stalking crimes in a Manhattan courtroom on Thursday, alongside state murder and terrorism charges previously announced by New York prosecutors. Federal prosecutors in Manhattan have charged Luigi Mangione, 26, with the federal crime of…
During the Presidential campaign of 2016, on a stage in Iowa, then candidate-Trump, speaking of his devoted following, stated "I could stand in the middle of 5th Avenue and shoot somebody, and I wouldn't lose voters," per numerous sources. Two weeks ago, in the middle of 5th Avenue, a guy actually shot and killed a 50- year-old health insurance CEO- United Healthcare's…
Pet owners in New York are still on their own when dealing with pet insurance companies. Kathy Hochul vetoed the bill on Nov. 22, after both the state Senate and Assembly had unanimously passed it. New York insurance law states that "animals are considered personal property.
