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Jones Issues Formal Notice to Insurers Regarding Mudslide Coverage for Homeowners

January 30, 2018

The California Department of Insurance issued the following news release:. Insurance Commissioner Dave Jones today issued a formal notice to all property and casualty insurance companies reminding them of their duty to cover damages from the recent mudslide and debris flows if it is determined that the ravaging of hillsides and vegetation by the Thomas…

House Approves Senior Safe Act Legislation

January 30, 2018

The American Council of Life Insurers issued the following news release:. Kyrsten Sinema and Bruce Poliquin for their strong leadership on the legislation to address a serious problem facing America’s seniors. ” Susan Collins and Claire McCaskill and approved by the Senate Banking Committee.

Monument Re Acquires Aspecta Assurance International Luxembourg S.A.

January 30, 2018

Monument Re Limited announced today, that, subject to regulatory approval, it has acquired full ownership of Aspecta Assurance International Luxembourg S.A.. Manfred Maske, Group CEO for Monument Re said,“ A key goal continues to be the development and growth of our Benelux platform. The acquisition of Aspecta Assurance International Luxembourg S.A. is an…

New Carthage fire station to be staffed, open this year

January 30, 2018

Jan. 30– CARTHAGE, Mo.– Now that the City Council has accepted a bid for construction of a new fire station of the south side of town, the panel will review a new hiring policy for firefighters. The $1.5 million project will be undertaken by Crossland Construction of Columbus, Kansas, after receiving final approval from the council last week. The new building will sit on…

PFIZER REPORTS FOURTH-QUARTER AND FULL-YEAR 2017 RESULTS

January 30, 2018

Pfizer Inc. reported financial results for fourth-quarter and full-year 2017 and provided 2018 financial guidance. On December 22, 2017, the U.S. enacted significant changes to U.S. tax law following the passage and signing of H.R.1,“ An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018”.

Self-Regulatory Organizations; National Securities Clearing Corporation; Notice of Filing and Extension of the Review Period of an Advance Notice To Amend the Loss Allocation Rules and Make Other Changes

January 30, 2018

Document Number: “Release No. 34-82584; File No. Pursuant to Section 806 of Title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act entitled the Payment, Clearing, and Settlement Supervision Act of 2010 and Rule 19 b-4 under the Securities Exchange Act of 1934,/ 1/ notice is hereby given that on December 18, 2017, National Securities Clearing…

Aetna Reports Fourth-Quarter and Full-Year 2017 Results

January 30, 2018

Aetna announced fourth-quarter 2017 net income of $244 million, or $0.74 per share. “Aetna’ s strong 2017 results demonstrate the power and versatility of our core businesses,” said Mark T. Bertolini, Aetna chairman and CEO.“ As we progress toward completing our pending transaction with CVS Health, we remain focused on serving our members and delivering on our…

Market Advisory Group: The Biggest Mistakes Investors Make Before Retiring

January 30, 2018

–If decisions about where and what to invest in are keeping you up at night, it’s no wonder: retiring today has gotten more complicated. Our great-grandparents retired with a pension and an amount from Social Security with the confidence that their income needs would be guaranteed. Today, pensions have gone the way of the dinosaur, Social Security benefits are…

Methodist churches help residents recover from hurricane

January 30, 2018

Jan. 30– David Graham runs a measuring tape across the roof of a 77- year-old home off Bottom Road. The retired Dow Chemical Co. executive closely inspects the roof where water had leaked inside the home and pauses to consider what would be the most cost-effective way to seal the roof. As a volunteer leader of the early response teams, the 67- year-old Austin…

Nationwide Making More Venture Capital Investments In Auto, Home Protection

January 30, 2018

Nationwide is making a strategic venture capital investment in Nexar, an Israeli-based startup focused on building the world’s largest safe driving network. Nationwide’s stake in Nexar is part of a new $30 million Series B round of funding recently announced by the Tel Aviv- based company. Since the launch of Nexar’s app in 2016, drivers in 740 cities across…

Worldwide Facilities Recently Welcomed Kay Wheeler as a Broker-Underwriter in its San Diego Office

January 30, 2018

Kay Wheeler came to Worldwide Facilities in October 2017 from Burns& Wilcox, where she worked as a Commercial Lines Broker specializing in Professional, Management, Cyber, and Environmental Liability coverage, plus other property and casualty lines. Before that, she worked as a Senior Marketing Representative with HRH Insurance Company in San Diego.

Trump Orders New HHS Secretary To Bring Drug Prices Down

January 30, 2018

Mr. Trump immediately tasked Mr. Azar with driving down prescription drug prices, saying other countries “pay a tiny fraction” of Americans fork out for the same pills. Vice President Mike Pence delivered the oath of office to Mr. Azar, a former pharmaceutical executive who said he looks forward to taking on drug pricing and the deadly opioid epidemic.

Chad Van Horn Now A Certified Business Bankruptcy Attorney

January 30, 2018

ABC is a non-profit organization for legal professionals that grants formal certification in specific areas of law. ABC is sponsored by the American Bankruptcy Institute and certification programs are officially accredited by the American Bar Association. “The leading cause of bankruptcy is not poor financial planning, it’s the occurrence of things that…

Schumer Pitches Teamster Pension Rescue Plan

January 30, 2018

Jan. 29– CAPITAL REGION– Cuts made last year in the pension payments to retired Teamsters could be restored under federal legislation being touted by U.S. Sen. Schumer, D- N.Y., came to Albany on Monday to advocate for legislation shoring up the finances of the struggling Teamsters pension fund, so it and other multi-employer pension funds can continue to pay…

High-Tech Features Drive Up Car Insurance Costs

January 30, 2018

High-tech, advanced safety features come at a fairly steep price, so they’re driving up car insurance rates, too.

Yellen Leaves Unfinished Business

January 30, 2018

WASHINGTON- Even during her final news conference as chairwoman of the Federal Reserve, Janet L. Yellen last month stuck to the careful approach that helped her guide the central bank through a pivotal period. Asked if she was disappointed that her historic tenure as the first woman to lead the Fed was ending after just one term, she demurred.

GOP Senators: Trump Needs To Show Restraint In Russia Probe

January 30, 2018

The senators, Lindsey Graham of South Carolina and Susan Collins of Maine, also urged special counsel Robert Mueller to review whether Trump tried to fire him last June, an accusation the president has labeled “fake news.” I’m sure that there will be an investigation around whether or not President Trump did try to fire Mr. Mueller. ” “It’s pretty clear to me that…

Midland National Introduces WriteAway Accelerated Underwriting

January 30, 2018

–Midland National ® Life Insurance Company announced the introduction of WriteAway Accelerated Underwriting, a faster and less invasive process for issuing a life insurance policy. “We know that today’ s life insurance customer not only wants affordable protection, they want it approved quickly and they don’ t want to submit lab tests and exams,” said Rick…

Majority of Consumers Aren’t Sure How Life Insurance is Priced, Survey Says

January 30, 2018

EL DORADO HILLS, Calif., Jan. 30, 2018/ PRNewswire-iReach/– IntelliQuote, a digital marketplace where consumers can easily find, compare, and shop for insurance plans, recently conducted a study on term life insurance. The study looked to examine term life insurance, which is when a person buys insurance with a guaranteed level rate for a period of time, and how…

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