—U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’ s upcoming meeting by the Federal Reserve that could set Wall Street’ s direction into next year. The market’ s main event, though, will arrive on Wednesday when the Federal Reserve will announce its last move on interest rates for the year. Fed Chair Jerome Powell will also answer questions in a…
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tm2429649-2_def14a- none- 3.6406453 s UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant☒ Filed by a Party other than the Registrant☐ Check the appropriate box:☐ Preliminary Proxy Statement☐ Confidential, for the use of the…
PEMBROKE, Bermuda—- AXIS Capital Holdings Limited and Enstar Group Limited today announced that they have entered into a loss portfolio transfer reinsurance agreement covering a portfolio of reinsurance segment business. This transaction is predominantly attributable to casualty portfolios related to 2021 and prior underwriting years totaling $3.1…
The Big Picture for Markets and the Economy in 2025 12/16/2024 Anthony Saglimbene, Chief Market Strategist, Ameriprise Financial Stocks put in a mixed week of performance last week as investors digested updated inflation data and waited for this week's final Federal Reserve policy update of the year. However, it will likely be the updated Summary of Economic…
The Federal Home Loan Bank of Dallas, along with Community 1 st Bank, provided $9,000 in Partnership Grant Program funding to the Las Vegas Arts Council to promote economic and artistic development in Las Vegas, New Mexico. From left: Makahla Harapat, executive director of MainStreet de Las Vegas; Richard Lindeborg, president of the Las Vegas Arts Council; Yvette…
UnitedHealth Group agreed to pay $69 million to settle a class action lawsuit from an employee who alleged the health care giant offered its employees lower-performing 401 options than it could have, costing workers hundreds of millions in lost investment profits. The litigation alleged interference by the company’ s CFO to retain certain Wells Fargo funds…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549. The Annual Meeting of Stockholders of Nutriband Inc., a Nevada corporation, will be held at 400 West Church Street, City National Hourglass Room, Orlando, FL 32801, on Thursday, January 23, 2025, at 10:00 A.M. for the following purposes:. Ratification of Sadler, Gibb& Associates, LLC as the…
Lincoln Financial, a leading provider of insurance, annuities, group benefits and retirement solutions, has hired industry veteran Tom Morelli as Vice President, Investment Distribution. Tom Morelli, Source: Lincoln Financial. Morelli will focus on supporting the distribution of Lincoln’ s suite of more than 100 sub-advised variable insurance funds, mutual…
AM Best has commented that the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of Nippon Life Insurance Company remain unchanged following the announcement of the acquisition of Resolution Life Group Holdings Ltd. on 11 December 2024. Nissay has entered into an agreement to acquire full ownership of Resolution Life, a global…
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Al Fujairah National Insurance Company PSJC. The ratings also reflect rating enhancement from AFNIC’ s majority shareholder, the Government of Fujairah– Department of Industry and Economy, which holds in excess of 80% of AFNIC. The government of Fujairah has…
In exchange for allowing insurers to raise rates based on the growing threat of climate change, a long-running industry demand, companies must now work to expand coverage in parts of the state with the greatest fire risk, California Insurance Commissioner Ricardo Lara announced Friday. But earlier this week, Farmers Insurance, the state "s second-largest…
In observance of HIV/AIDS Awareness Month and to further the Shapiro Administration's commitment to Pennsylvanians' wellbeing, the Pennsylvania Insurance Department and the Department of Health today remind Pennsylvanians of the importance of HIV pre-exposure prophylaxis medication for HIV prevention. "We want to remind consumers that the federal…
—Radio host Charlamagne tha God was puzzled why some people are celebrating UnitedHealthcare CEO Brian Thompson's death. He questioned what Luigi Mangione's killing of Thompson in Manhattan earlier this month accomplished, arguing that insurance companies still deny claims. That 26- year-old Luigi or whatever his name is, he gonna be in jail for the rest of…
From Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Here are some new health care laws coming to Pennsylvania, New Jersey and Delaware that take effect in 2025.. Starting in early 2025, care provided by doulas during pregnancy and in the postpartum period will be covered under Medicaid, a public health insurance…
LAKELAND, Fla.- A Florida woman was charged with threatening her health insurance provider during a phone conversation after police say she uttered the same words found on bullet casings used in the killing of an insurance executive in New York. Briana Boston, 42, told a representative of Blue Cross Blue Shield, "Delay, deny, depose. The words "delay," "deny" and "depose"…
Josh Hawley is furious, after health insurance company Anthem planned a policy change that would cut the length of time anesthesia can be covered during medical procedures. Anthem walked back the change after a wave of outrage, but Hawley and Sen. Patients in limbo as Ohio State, Anthem negotiate insurance rates.
MINNEAPOLIS- Even as UnitedHealth Group workers have been wrongly made to feel unsafe by a barrage of threats and vitriol over the past nine days, CEO Andrew Witty said in a New York Times op-ed Friday that insurers must do better in being transparent with patients when coverage for care is denied. UnitedHealth Group confirmed Thursday night that shooting…
—Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week's Federal Reserve meeting. The Fed's policymakers are likely to signal fewer interest rate cuts next year than were previously expected. “We’ re on the cusp of a transition to them not cutting every meeting,” said David Wilcox, a former senior Fed…
TRENTON, NJ— Legislation that would require health insurers to cover biomarker testing has advanced in the New Jersey State Senate. The measure, sponsored by Senators Troy Singleton and Vin Gopal, would ensure that state-regulated insurance plans cover biomarker testing for patients when it is supported by medical and scientific evidence, removing…