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–ManhattanLife Assurance Company of America has signed a definitive agreement to acquire the Workplace Voluntary Benefits and Financial Protection Plan lines of business from Humana Inc. These lines of business are primarily held under Humana’s wholly-owned subsidiary Kanawha Insurance Company Inc.. As Humana previously announced, the Company has…

Kemper Corporation reported net income of $53.8 million, or $1.02 per diluted share, for the first quarter of 2018, compared to a loss of $0.3 million, or $0.01 per diluted share, for the first quarter of 2017. Adjusted consolidated net operating income 1 was $57.5 million, or $1.10 per diluted share, for the first quarter of 2018, compared to a loss of $3.9 million, or…

–Centene Corporation announced today that it has commenced an offering to sell $2.6 billion in shares of common stock, par value $0.001 per share, through underwriters led by Barclays, Citigroup, Wells Fargo Securities, Evercore ISI and SunTrust Robinson Humphrey as the book-running managers for the offering. Centene intends to use the net proceeds of the…

Chris Collins resigned last week from the board of Innate Immunotherapeutics amid major corporate changes and a fresh round of controversy about the Clarence Republican’s investment in the Australian biotech firm and legislation he has introduced that could conceivably help it. That followed an Office of Congressional Ethics report last October that…

–CNA Financial Corporation today announced first quarter 2018 net income of $291 million, or $1.07 per share, and core income of $281 million, or $1.03 per share. CNA Financial declared a quarterly dividend of $0.30 per share, payable May 30, 2018 to stockholders of record on May 14, 2018. This underwriting result was driven by an excellent underlying loss ratio of…

–Loews Corporation today reported net income of $293 million, or $0.89 per share, for the three months ended March 31, 2018, compared to $295 million, or $0.87 per share, in the prior year period. Net income for the three months ended March 31, 2018 decreased slightly as compared with the prior year period as lower earnings at Diamond Offshore Drilling, Inc. and…

Net income increases to $1.64 per diluted share from $1.37 in the first quarter of 2017. First quarter results include a net benefit of $0.38 per diluted share for the net impact of the reconciliation of 2017 Marketplace cost sharing reduction subsidies and other items not included in the Company’ s preliminary 2018 guidance. First quarter 2017 results had…

John Kasich hinted again Sunday at a possible 2020 presidential run by ripping the Republican Party and declaring“ I can bring that party back.”. He also pushed back at those who have accused him of not being truly conservative, insisting,“ I didn’ t leave the Republican Party, the Republican Party left me.”. Mr. Kasich, who ran unsuccessfully for the 2016 GOP presidential…

In the face of the challenges ahead for the industry, Aquarium Software will bring delegates up to speed on Travel tech developments including geo location services and instant cover for specific medical conditions. “The kind of people we are hoping to see in Bristol are heads of business lines for travel insurance, and directors of claims,” said Aquarium…

April 29– Even with intermittent snow lasting into mid-April– delaying crops being planted– vigilant farmers continue checking the latest in crop marketing reports to ensure their best prices for their harvests. Rich Morrison, manager of marketing services for Diversified Services Marketing Group, said that with the end of the crop insurance deadline in…

Political operatives, pollsters and politicians in at least four states are working hard to find Puerto Ricans who are eligible to vote and whose loyalty may be up for grabs in this year’s elections. The efforts are particularly aggressive in Florida, where tens of thousands of people from the island relocated after Hurricane Maria, but political types are also busy in Pennsylvania, New Jersey and Connecticut.

Raul M. Grijalva, D- Arizona, ranking Democratic member of the House Natural Resources Committee, issued the following statement on the announcement that the Trump administration will seek to modify the well control rule, which regulates offshore oil and gas drilling:. The move comes shortly after the eighth anniversary of the April 20, 2010, Deepwater Horizon…

The Washington state Office of the Insurance Commissioner issued the following news release:. Developers Surety and Indemnity Co., Irvine, Calif.; fined $10,000, order 18-0020*. Contractors Bonding and Insurance Co., Peoria, Ill.; fined $3,000, order 18-0064.

April 29– Editor’s Note: This story first published on Oct. 20, 2017, after the 2017 Best of Springfield announcement. The Best of Springfield competition recognized a variety of local companies, ranging from best pizza to best place to shop for bargains. Olympic Coney Island, a Bechtle Avenue diner, won the award for Best Cheap Eats.

April 29– SOUTH BEND– More than 4,700 Bendix, Allied Signal and Honeywell Aerospace retirees nationwide may lose their healthcare and prescription drug coverage after the company sent them a letter giving notice of its intent to terminate their coverage on July 31. It is a continued effort by the company to cut the benefits, an effort that was stymied by a…

Maria Cantwell, D- Washington, ranking member of the Senate Energy and Natural Resources Committee, issued the following statement regarding the Trump administration’s announcement to revise the well control rule:. On April 19, 2018, Senator Cantwell introduced legislation to protect American coasts from catastrophic oil spills. Last Friday, April 20,…