And then, in late September, Hurricane Maria hit Puerto Rico, and Reese watched in informed disbelief as the federal government promised to rebuild the country’s devastated transmission lines and electric grid, one plant at a time, and restore power within a year. The Federal Emergency Management Agency “is only there to rebuild things as they were,” said Reese, a…
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Aquarium Software has been working with the pet insurance industry for many years, helping to drive efficiencies and to ultimately bring the cost of premiums down for the pet parent. The terrible truth is that dog fights are a serious risk to both our pets and our pockets, “said Aquarium Software Director, Mark Colonnese. YouGov research conducted on behalf of…
Greenberg Traurig, a law firm, issued the following news release:. Greenberg Traurig assisted a consortium of French and South Korean investors lead by funds managed by Amundi Real Estate in purchasing “The Atrium” office project located in the South Axis of Amsterdam. The complex transaction as well as the corporate and tax structuring and senior financing…
New research published today suggests home insurance companies are overcharging up to 13 million households in the UK simply for renewing their existing policy. For someone with the cheapest policy for buildings and contents insurance, this could be an extra GBP 110 a year, on average. Earlier this year, the Financial Conduct Authority set new rules to help…
The U.S. Department of Labor’s Employee Benefits Security Administration issued the following news release:. The U.S. Department of Labor announced employee benefit plan compliance guidance and relief for victims of Hurricane Maria and the October 2017 California Wildfires. IRS Announcement 2017-15 provides relief to victims of Hurricane Maria and the…
The Asian Development Bank has issued its first “gender bond” to finance a pool of eligible projects that promote gender equality and women’s empowerment in Asia and the Pacific. “Gender equality and women’s empowerment are valuable in their own right, but they are also an integral part of fostering more inclusive development outcomes in Asia,” said ADB…
ST. CROIX, Virgin Islands, Nov. 25– The U.S. Department of Homeland Security’s Federal Emergency Management Agency issued the following news release:. It may not be the last word from FEMA. An ineligibility letter may mean that FEMA does not have all the information needed to approve an application for assistance.
The Small Business Administration’s Office of Disaster Assistance issued the following news release:. The U.S. Small Business Administration announced today that certain Private NonProfit organizations in Alabama that do not provide critical services of a governmental nature may be eligible to apply for low-interest rate disaster loans.
William R. Clayton, a Fort Lauderdale shareholder and Co-Chair of the Real Estate Litigation Practice at international law firm Greenberg Traurig, P.A., participated in a panel titled, “Managing Complex Flood Claims- Lessons from Harvey and Irma”, at Insurance Business America’s Future of Flood Summit, held in Miami on Nov. 16, 2017. Moderated by Brian Samberg, Past…
Nov. 25– Doctors who let patients or their employers pay a monthly fee for primary care, outside of health insurance, could continue the arrangements free from insurance regulations under a proposed bill in Wisconsin. In direct primary care, a national trend with mixed financial success, people pay $20 to $100 a month or more for unlimited primary care services,…
A Topeka motorist’s blood alcohol level was roughly three times the legal limit when he was killed in a traffic accident in late March in southeast Topeka, according to an autopsy report. Toxicological testing found blood alcohol levels of 0.22 percent in vitreous fluid and 0.25 percent in the chest cavity of Jeremy Allen Gerhardt, 35, according to the report…
Nov. 25– Minnesota’s biggest public health insurance program will take on a new shape after next year, when about 500,000 enrollees will be encouraged to develop a close relationship with a primary care clinic, while doctors, clinics and HMOs will be held more accountable for patient care outcomes. The broad outlines of the concept, which would take effect for…
Nov. 24– A Philipsburg attorney’s license to practice has been suspended following a disciplinary board investigation. Kovalcin was the co-founder and co-owner of Scipione& Kovalcin P.C., of State College, according to his LinkedIn profile, with a focus on wills, trusts and estate planning, as well as other legal issues. A joint petition filed Sept. 26 with the…
Nov. 24– CANTON– It is Thanksgiving week, but officials in the Stark County commissioner’s office were subtly warning heads of county agencies not to expect holiday gifts in their 2018 budget appropriations. At the end of Stark County Prosecutor John Ferrero’s presentation of his budget request Wednesday morning, Stark County Commissioner Janet Weir…
*Minuteman Health customers get reprieve to make health insurance call. –Small business owners and middle-class individuals buying health insurance in New Hampshire have been warned for months that soaring premiums were in the offing for 2018.. Scott Spradling of Manchester, a former WMUR political director, runs his own media/consulting company with his…
Nov. 24– Minuteman Health customers get reprieve to make health insurance call. CONCORD– Members who have health care insurance with Minuteman Health have just been given three more months to select a new plan. These members have to choose their insurer between Anthem, Harvard Pilgrim Health Care and Ambetter.
A federal judge is temporarily blocking an effort by Pennsylvania’s cash-strapped state government to shut down a state-created medical malpractice insurer of last resort if it doesn’t hand over $200 million. U.S. District Judge Christopher Conner this week granted an injunction sought by the Pennsylvania Professional Liability Joint Underwriting Association. Conner’s order suspends the Dec. 1 deadline to provide the cash until the association’s lawsuit can go to trial.
For Ford County, insurance premiums will be raised 30 percent from the Affordable Care Act and concerns on the increase were raised during the county commission meeting on Monday. “We are talking about paying 95 percent of the increase for the employees and the employees will pay 5 percent as an option,” Ford County Administrator J.D. “As ugly as these numbers are, we…
Nov. 24– LAKEWOOD RANCH– FCCI Insurance Group was featured by Best Insurance in its annual Best Places to Work in Insurance 2017 distribution. FCCI ranked second in the Medium Employer Category of insurance companies throughout the U.S.. FCCI is noted for its community service contributions, company paid time for employees participating in charitable events,…
