A.M. Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Pan-American Life Insurance Company, its wholly owned subsidiary, Pan-American Assurance Company, and affiliates, Mutual Trust Life Insurance Company, a Pan-American Life Insurance Group Stock Company, INRECO International Reinsurance Company, and…
Newswires
–Steward Health Care System LLC has completed a previously announced agreement to merge with IASIS Healthcare LLC. As the sole operator of the newly merged company, Steward will oversee 36 individual hospitals across ten states, managed care operations in Arizona, Utah, and Massachusetts, and has projected revenues of almost $8 billion in 2018, the first…
Sept. 29– Anthem is leaving the Affordable Care Act marketplace in Maine for one major reason: Uncertainty. The uncertainty around the ACA comes not from the law itself– as Republicans, including Gov. Yet, Republicans continued to work to repeal the law.
Sept. 29– On Tuesday, Republicans in the Senate announced that their latest effort to repeal the Affordable Care Act, the Graham-Cassidy bill, was dead, having failed to attain support for passage. Now, because they have taken a similar approach, Republicans have guaranteed they will have 46 Democrats and two independents saying “No” right out of the gate.
Trump said Puerto Rico is “totally unable” to handle the catastrophe on its own. ” Yet even in voicing solidarity and sympathy, he drew attention again to Puerto Rico’s pre-hurricane debt burden and infrastructure woes, leaving doubt how far Washington will go to make the U.S. territory whole. “Ultimately the government of Puerto Rico will have to work with us to…
Sept. 28– RALEIGH– As state agents investigate obstruction of justice and illegal lobbying allegations against a Greensboro bail bonds company and its attorney, the North Carolina Department of Insurance issued a cease-and-desist order Thursday to all bondsmen associated with Cannon Surety. Cannon Surety and its attorney Mark Bibbs have been the focus of…
JNR Insurance, one of the leading insurance agencies, has helped thousands of individuals and businesses become insured. At JNR Insurance, the expert agents are aware of various factors that play a significant role in running a business. Considering the diversity in needs, the agents at JNR Insurance help one select the right policy that fits one’s specific…
Senate Republicans unveiled a budget plan that lays the groundwork for overhauling the nation’s tax system, the top legislative priority for President Donald Trump and the GOP.
—President Donald Trump pledged a relentless effort to help Puerto Rico recover from hurricane devastation Friday after his homeland security chief stirred a tempest of her own making by declaring the federal response a “good news story.” Elaine Duke, the department’s acting secretary, drew a sharp rebuke from San Juan’s mayor for seeming to play down the…
Sept. 29– TEGA CAY– Tega Cay put its fire issue out in time to fund the city moving forward, and with nearly a week to spare. Tega Cay City Council finalized its budget Sept. 25. Firefighter Les Woods was concerned about $16,000 budgeted for volunteer firefighters in the $1.36 million budgeted for all firefighters, which includes adding three paid positions.
First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the First American Loan Application Defect Index for August 2017, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage…
Elaine Duke made the comments upon landing in San Juan. President Donald Trump says the federal government is “engaged fully” in the effort to help Puerto Rico recover from Hurricane Maria. As Elaine Duke landed in Puerto Rico, Friday, Trump described the island as completely devastated.
Lloyd Smucker praised the tax reform“ framework” released by Republican leaders Wednesday, saying in a statement that it would mean tax cuts for every American. The plan, promoted by House Speaker Paul Ryan and President Donald Trump, is a step toward what officials have promised would mean lower tax rates for large and small businesses and the middle class while…
–Softheon, a proven leader in cloud-based health insurance exchange integration and remediation, will play a major role at the 2017 Managed Care Conference being held at the Loews Royal Pacific Resort in Orlando, FL, October 2-3. Softheon’s Vice President of Government Solutions, Michael Sasko, will be providing the opening remarks on both days.
LOS ANGELES, Sept. 29, 2017/ PRNewswire-iReach/– Compare-autoinsurance.org has released a new blog post presenting the advantages of having a clean driving record when buying auto insurance. A better driver will always pay less for car insurance. An agency will look at an applicant’s driving record for any past mistakes or traffic violations.
The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Health Insurance Innovations, Inc. who purchased shares between March 4, 2016 and September 11, 2017. In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to…
Sept. 27– AUSTIN– Attorney General Ken Paxton today is advising any Texan considering a used car purchase to be wary of vehicles for sale that might have suffered flood damage from Hurricane Harvey. In Texas, a seller is required by law to tell prospective buyers about damage to a vehicle. “While most Texas businesses and individuals are law-abiding, there are…
Sept. 27– AUSTIN– Attorney General Ken Paxton today is advising any Texan considering a used car purchase to be wary of vehicles for sale that might have suffered flood damage from Hurricane Harvey. In Texas, a seller is required by law to tell prospective buyers about damage to a vehicle. “While most Texas businesses and individuals are law-abiding, there are…
A.M. Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of Nacional de Reaseguros, S.A.. A.M. Best expects the company’ s prospective capital position to benefit from high earnings retention, underpinned by a prudent dividend policy that supports a pay-out ratio of approximately 30% of profit after tax.
