Miramontes Capital recorded an impressive year of success in 2017 as it de-risked customer portfolios to navigate the turbulent financial market ahead. Over the past 12 months, we’ ve seen tremendous progress with a growth rate of 22 percent, which does not include our expanding 401 K advisory business,” said Sid Miramontes, President and CEO of Miramontes…
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Agreement to combine in all-stock transaction with McDermott International; received notice of early termination of Hart-Scott Rodino waiting period Settlement with Cameron LNG to resolve all past commercial issues and align all parties toward successful completion of project $5.8 billion of new awards in 2017, up 17.0 percent versus 2016, with gains…
–Universal Insurance Holdings, Inc. today reported net income and diluted earnings per share of $36.4 million and $1.03, respectively for the fourth quarter of 2017. Our underlying results were also strong, highlighted by continued organic growth and underwriting profitability, as we maintained underwriting discipline and adhered to our strategy of…
–LendingClub Corporation, America’s largest online marketplace connecting borrowers and investors, today announced financial results for the fourth quarter and full year ended December 31, 2017. Delivered record revenue, the highest in the company’s history, of $156.5 million, up 20 percent year-over-year. Achieved 23 percent annual growth in…
The fire which was reported to the Paulding County Fire Department around 3:25 a.m., destroyed the house of origin as well as four neighboring residences in the Greystone Subdivision. The Paulding County Fire Department and Hiram Police Department are assisting with the investigation. A person of interest was taken into custody by the Hiram Police…
The metro Detroit weather forecast calls for rain all day Tuesday and into Wednesday, which prompted a flood watch for most of southeast Michigan with 1-3 inches of rain expected in many areas. Here’s a list of recommendations, selected from FEMA and Michigan.gov:. You can either check your local news outlet, head over to weather.com or use the USGS’s WaterAlert…
ATHENS— Appalachian Ohio officials are concerned that a pending change to how the state runs Medicaid-funded transportation to non-emergency medical care appointments will hurt people in their poor, rural counties who lack easy access to doctors and public transit. The state currently gives county Job and Family Services agencies the funding to provide…
SANTA MONICA, Calif., Feb. 20, 2018/ PRNewswire-USNewswire/– The U.S. Supreme Court today rejected a challenge brought by Mercury Insurance, State Farm and other insurance companies across the United States to insurance reform Proposition 103. That California law has saved motorists over $100 billion since 1988 by regulating insurance companies to limit price…
SANTA MONICA, Calif., Feb. 20, 2018/ PRNewswire-USNewswire/– The U.S. Supreme Court today rejected a challenge brought by Mercury Insurance, State Farm and other insurance companies across the United States to insurance reform Proposition 103. That California law has saved motorists over $100 billion since 1988 by regulating insurance companies to limit price…
The proposed restructuring of the bankrupt Puerto Rico Electric Power Authority would not significantly impact A.M. Best- rated insurers as the vast majority have minimal exposure to their capital and surplus from PREPA bonds, according to a new A.M. Best briefing. PREPA bonds have fared a little better than Puerto Rico municipal bonds, which declined 68%…
The Trump administration is clearing the way for an alternative to the comprehensive medical insurance plans sold under former President Barack Obama’s health care law. Proposed regulations Tuesday from the Health and Human Services department allow health insurers to sell so-called “short-term” policies that can last up to 12 months. The plans don’t have to meet the Affordable Care Act’s consumer protections, or offer as robust a benefit package. That means they’ll come with lower premiums.
–According to a new Chubb Accident& Health and International SOS whitepaper, ” Student Travel and Study Abroad: Mental Health Issues and Awareness,” research indicates there is a rising tide in mental health issues for students and such symptoms and conditions may worsen when studying abroad. Hoski co-authored the paper with Robert L. Quigley, MD, D.Phil., Professor…
Of the six Democrats seeking the nomination to run against Rep. Taylor, a former state legislator and Navy SEAL who was elected to Congress in 2016, is seen by Democrats as vulnerable because of his support for abolishing the Affordable Care Act and their general disdain for divisive Washington politics and President Donald Trump. Her Democratic competitors…
Minnesota’s uninsured rate went from 4.3 percent in 2015 to 6.3 percent in 2017, fueled by a drop in the number of employers who offered coverage as well as people exiting the individual market, where health insurance premiums rose significantly in 2016.. “It is particularly concerning that we are seeing a decrease in health insurance coverage of this…
Feb. 20– This is our third and final installment of endorsements for contested U.S. House primaries. Three Republicans want to take him on: Jeremy Wynes, a foreign policy lobbyist from Highland Park; Sapan Shah, a physician and entrepreneur from Libertyville; and Douglas R. Bennett, a business consultant from Deerfield. He supports President Donald Trump’s…
Schumer Statement on Trump Administration’s Short-Term Health Insurance Plans. Washington, D.C.- U.S. Senator Chuck Schumer today released the following statement regarding the administration’s latest attempt at undermining the Affordable Care Act. Rather than offer more damaging rules and regulations that only hurt millions of American families, the…
LOS ANGELES, Feb. 20, 2018/ PRNewswire-iReach/– Cheapinsuranceforyoungdriver.com has released a new blog post presenting the situations in which it is advantageous to have non-owner car insurance. Non-owner car insurance is a type of coverage for drivers who do not own a car. When driving a vehicle, people have to be covered under a liability insurance policy.
Feb. 17– FAIRMONT– The Marion County Humane Society raised over $17,000 as part of the second annual Veterinarian Bill Match Campaign. Sponsors included West Virginia Banker’s Title LLC, Jean and Dora Grubb, Mountaineer Insurance Group, Ruth Martin, Moonshine and Jingles Memorial and other private donors. MCHS board member Suze Dempsey said all of the dollars…
Feb. 20– ECONOMY– Three homes in the borough were evacuated Friday evening after about a half an acre of ground began to shift as a result of recent rainfall, officials said. Eric Brewer, coordinator of Beaver County Emergency Management, said the Economy Fire Department was called at about 7 p.m. Friday to McGuire Road for landslide-like movement that caused dirt…
