The U.S. Attorney for the Middle District of Louisiana, Brandon J. Fremin, issued the following news release:. United States Attorney Brandon J. Fremin announced today the conviction of a Mandeville investment adviser who stole up to $1.5 million from investors in a widespread investment fraud scheme. On March 26, 2018, RALPH WILLARD SAVOIE, age 70, of Mandeville,…
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The Property Casualty Insurers Association of America issued the following news release:. As fire crews in Southwest Florida continue to battle several wildfires, the Property Casualty Insurers Association of America today urged homeowners and renters to evacuate if instructed to do so and contact insurance companies immediately if impacted by the…
The California Department of Insurance issued the following statement by Commissioner Dave Jones:. Insurance Commissioner Dave Jones submitted a letter to the U.S. Department of Health and Human Services today strongly urging the Trump Administration to withdraw its proposed rule that would allow medical providers, medical facilities, insurers and…
The California Department of Insurance issued the following statement by Commissioner Dave Jones:. Insurance Commissioner Dave Jones submitted a letter to the U.S. Department of Health and Human Services today strongly urging the Trump Administration to withdraw its proposed rule that would allow medical providers, medical facilities, insurers and…
Mr. Martineau, a longtime West Toledo resident, in retirement was active in the Orland, Ind., VFW near his lake home and used his woodworking skills on post projects. A history major at St. Bonaventure University, Mr. Martineau while in the Army and assigned the 24th Infantry Division was made a medic of his company in the Korean War. Mr. Martineau and his comrades were…
Atidot, a leader in big data and predictive analytics tools for the life insurance industry, announced today that it raised $5 million in Series A funding. The round was led by Vertex Ventures with the participation of existing investors The D.E. Shaw Group, Moneta Seeds, and Bank Hapoalim. The Israel- based startup harnesses advanced artificial intelligence,…
The Oregon senators wrote Commerce Secretary Wilbur Ross that the Trump administration has failed to answer their June 2017 letter following up on a May 2017 request by Oregon Gov. At the urging of Senator Merkley, who sits on the Appropriations Committee, and Senator Wyden, the government spending bill approved last week by Congress contained $20 million for…
Congressman Paul Cook applauded the bill signing by President Trump that begins to fix our long-underfunded military. *Provides a 2.4% pay increase for our troops. *Provides a 21 percent increase in defense research and development.
March 28– JACKSONVILLE– StarMart will be back. The northern Jacksonville convenience store, known well to residents of student neighborhoods on the west side, was among the businesses smashed by the March 19 tornado, but owner Sam Mousa said he intends to rebuild. “We’ve seen a bump in sales of things like chain saws and tarps,” said Walt Brothers, manager of Lowe’s…
Radian Group Inc. announced today that it has acquired Entitle Direct Group, Inc., a national title insurance and settlement services company. Entitle Direct will continue to operate under its current brand and provide the same level of quality products and services to its customers through its offices in Independence, Ohio; Pittsburgh, Pennsylvania; Corona,…
The president made that pledge a day after retired Supreme Court Justice John Paul Stevens expressed a different view.
March 28– The Trump administration responded more aggressively to Texas than to Puerto Rico after debilitating hurricanes slammed both, according to a report. The Federal Emergency Management Agency kept top official Mike Byrne in Houston for three weeks after Maria hit Puerto Rico in mid-September, Politico reported Tuesday. And in the first nine days…
Guidewire Software, a provider of software products to general insurers, recently held its second insurance forum in Germany. The day began with Niels Zijderveld, sales director, Northern and Central Europe, Guidewire, asking attendees to consider how the challenges afforded by digitalisation can be turned around and used to the advantage of insurance…
Fortegra Financial Corporation, a leading international specialty insurer and subsidiary of Tiptree Inc., today announces the creation of a wholly-owned European subsidiary— Fortegra Europe Insurance Company Limited— based in Malta. Following regulatory authorization by the Malta Financial Services Authority, FEIC is ready to write business…
Flags are flying at half-staff across Russia as the country mourns the victims, many of them children, of a shopping mall fire in Siberia. Russia is observing a day of mourning on Wednesday, with thousands of people across the country bringing flowers and stuffed toys to makeshift memorials.
A long-delayed merger between Henrico County- based insurer Genworth Financial Inc. and China Oceanwide Holdings Group Co. Ltd. is being extended yet again as the proposed deal remains under review by some government regulatory agencies. Genworth, an insurance company with thousands of employees in Virginia, first announced in October 2016 that it had…
County supervisors are considering Stephens& Hobdy Insurance, Byrne Insurance Agency and current agent Randy Hazlip, whose contract with the county expires Saturday. At a special meeting Tuesday morning, supervisors interviewed representatives of Stephens& Hobdy Insurance and Byrne Insurance Agency. “Tell me why Adams County needs an agent,” said Joe Murray,…
March 28– Illinois remains a state with unrivaled financial woes. Yet two state audits– of the Department of Human Services and the Department of Healthcare and Family Services– found that Gov. Bruce Rauner’s administration didn’t recoup $76 million in overpayments to private Medicaid-program insurers dating back five years, as well as paid $71 million for…
Prosecutors say the founder of the Chinese insurer that owns New York City’s Waldorf Hotel is on trial on charges of financial misconduct. Wu Xiaohui was detained after regulators seized Anbang Insurance Group following a multibillion-dollar global buying spree that raised questions about where the company got its money and whether it could pay its debts.
