April 24– A company that operates call centers in London and Corbin has classified workers incorrectly in order to pay them less, a union has alleged in a complaint to the U.S. Department of Labor. Most of the employees at the Kentucky centers are classified in a tier with an hourly wage of $10.50, said Beth Allen, a spokeswoman for the union. The level above where most…
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“This transition poses a challenge to plans and providers as they make the change from HICN to MBI, but Dynamic provides its clients with solutions to maintain operational efficiency as well as regulatory compliance,” said Lonnie Hardin, Chief Operating Officer at Dynamic Healthcare Systems. “The MBI enhancement will ensure that clients continue to have the…
Trustmark Corporation reported net income of $36.8 million in the first quarter of 2018, representing diluted earnings per share of $0.54. Trustmark’ s Board of Directors declared a quarterly cash dividend of $0.23 per share payable June 15, 2018, to shareholders of record on June 1, 2018. Revenue, excluding interest and fees on acquired loans, increased 1.7%…
Trustmark Corporation reported net income of $36.8 million in the first quarter of 2018, representing diluted earnings per share of $0.54. Trustmark’ s Board of Directors declared a quarterly cash dividend of $0.23 per share payable June 15, 2018, to shareholders of record on June 1, 2018. Revenue, excluding interest and fees on acquired loans, increased 1.7%…
–Universal Insurance Holdings, Inc. today reported net income and diluted earnings per share of $40.1 million and $1.12, respectively for the first quarter of 2018.. Universal Insurance Holdings, Inc. Chairman and Chief Executive Officer Sean P. Downes commented: “During the first quarter, Universal reported excellent top line growth and strong underwriting…
–Universal Insurance Holdings, Inc. today reported net income and diluted earnings per share of $40.1 million and $1.12, respectively for the first quarter of 2018.. Universal Insurance Holdings, Inc. Chairman and Chief Executive Officer Sean P. Downes commented: “During the first quarter, Universal reported excellent top line growth and strong underwriting…
W. R. Berkley Corporation today reported net income for the first quarter of 2018 of $166 million, or $1.30 per share. We reported annualized pre-tax return on equity of 15.5%, which adjusted for accounting changes for equity securities effective January 1, 2018 would have been 22.5%. The combined ratio was 94.6%, inclusive of 0.5 loss ratio points from…
Kids with rare rapid-aging disease get hope from study drug Agency warns retailers not to sell Juul e-cigarette to kids After a death, how much can’ broken heart’ hurt survivors?
U.S. stocks are sinking as investors fear that rising oil prices and other costs will slow down growth in company profits.
In this A.M. BestTV episode at the Risk and Insurance Management Society, Inc.’ s conference in San Antonio, TX, experts on employment practices liability said the spate of high-profile sexual harassment allegations is driving interest among organizations seeking to protect themselves against claims, which have been rising in severity.
April 20– The selection of Johnny Collett, confirmed in December to oversee special education for the U.S. Department of Education, was a rare point of agreement between the Trump administration and the disability-advocacy community. U.S. Secretary of Education Betsy DeVos was tripped up on disability-policy questions during her confirmation hearing last…
Scott+ Scott Attorneys at Law LLP, a national shareholder and consumer rights litigation firm, is investigating whether certain directors and officers of Health Insurance Innovations, Inc. breached their fiduciary duties to the Company and its shareholders. If you are a Health Innovations shareholder, you are encouraged to contact Scott+ Scott for…
The White House is standing behind Ronny Jackson, President Donald Trump’s choice to be Veterans Affairs secretary, amid growing questions about his qualifications. Spokesman Hogan Gidley is praising Jackson, who is Trump’s White House doctor and a Navy rear admiral, for serving as a physician to three U.S. presidents, both Republican and Democrat. Senators have been discussing plans to delay Jackson’s confirmation hearing.
Diana DeGette, D- Colo.; former Rep. Donna Christensen, D- Virgin Islands; Brian Webb, assistant director for health policy and legislation at the National Association of Insurance Commissioners;; and Scott Mulhauser, founder of Aperture Strategies. LOCATION: The W Hotel, 515 15th Street NW, Washington, D.C..
April 24– GREENSBORO– Insurance is expected to cover Guilford County Schools’ financial losses from last week’s tornado, the district’s chief financial officer said Monday. On April 15, a tornado pummeled east Greensboro, causing significant damage to three Guilford County elementary schools: Hampton, Peeler and Erwin Montessori. “Your coverage is so much…
Manatt, Phelps& Phillips, LLP announced today the expansion of its national healthcare practice with the additions of Keith R. Anderson and Linda S. Moroney and Shannon Lorbiecki to the firm’ s Chicago office. Anderson and Moroney— highly respected healthcare transactional, tax and regulatory attorneys— join as partners from Drinker Biddle, and Lorbiecki will…
April 24– HANALEI, Kauai– Kurt and Christy Gardner of Tulsa, Okla., were celebrating their 15th wedding anniversary Monday as they walked around the shops of Hanalei, many with signs proclaiming their businesses to be “open.” Certainly it will take some businesses– such as the Hanalei Dolphin Restaurant, Fish Market and Sushi House– months to rebuild and recover from…
April 24– Developer Nick Sinatra said he has fully paid delinquent Buffalo and Erie County property taxes, approaching $1.3 million, after scrambling to make the payments at the end of last week. The owner of Buffalo- based Sinatra& Company Real Estate said he made payments to Erie County “as of the close of business” on Friday, even seeking to show the receipts to…
JACKSONVILLE, Fla., April 24, 2018/ PRNewswire-USNewswire/– Florida Blue, the leading health insurer in Florida, today announced a partnership with Welltok, the leading enterprise Software as a Service company for consumer health. “We expect our improved program to be an important and rewarding wellness resource for our members, and we are excited to tap into…