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Consider the financial impact of dementias during tax season

May 29, 2020

An Alzheimer's Association report found 48 percent of care contributors must cut back on their own expenses– including basic necessities like food, transportation and medical care– to afford dementia-related care, while others must draw from their own savings or retirement funds. The Alzheimer's Association suggests using this extended period of time to…

May 29, 2020

AM Best Comments on Credit Ratings of Members of HIIG Group Following Appointment of Andrew Robinson as CEO

AM Best has commented that the Financial Strength Ratings of A- and the Long-Term Issuer Credit Ratings of“ a-” of Houston Specialty Insurance Company, and its subsidiaries, Imperium Insurance Company, Great Midwest Insurance Company, Boston Indemnity Company, Inc. and Oklahoma Specialty Insurance Company, are unchanged by the recent announcement regarding…

May 29, 2020

Term Life Insurance Plans Provide COVID-19 Cover

–As the world combats one of the most unexpected public health emergencies, protection has become the need of the hour. Most insurance customers are worried if term Insurance policies they have bought, like Edelweiss Tokio Life- Zindagi Plus, provides protection against COVID-19. So, term insurance plans like Edelweiss Tokio Life- Zindagi Plus will cover…

May 29, 2020

Mercer Paper Highlights Governance as Key to Address and Mitigate Global Systemic Risks While Pursuing Returns

Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, and a business of Marsh& McLennan, today released its“ COVID-19– Investment Governance and Strategy to Navigate a Pandemic-Driven Market Crisis” report. The report examines how large asset owners are finding ways to…

May 29, 2020

Blackstone Announces Appointment of Dr. Mark McClellan, Former Head of the FDA and CMS, as Senior Advisor

Mark McClellan, a physician and economist who served as both the commissioner of the U.S. Food and Drug Administration and administrator of the Centers for Medicare& Medicaid Services, as a Senior Advisor. Dr. McClellan will bring his expertise across the life sciences, healthcare, economics and public policy sectors to advise across the firm’ s businesses, with a…

Ky. area seeing fair share of earthquakes

May 29, 2020

May 29– CORBIN– While western states like California are thought of more commonly when it comes to earthquakes, the Bluegrass State has seen its fair share of tremors as well. Friday's earthquake in Laurel County's Keavy and north Corbin area occurred at approximately 1:58 a.m. It was measured at a 2.5 magnitude on the Richter scale categorizing it as minor…

Peruzzi Collision Center Continues to Offer Summer Collision Repair

May 29, 2020

Fairless Hills, PA—- 05/29/2020– Though drivers across Pennsylvania are spending more time at home and limiting unnecessary trips, a major car accident or fender bender can still occur at any time. Peruzzi Collision Center has announced that they will continue providing collision repair in Bensalem, PA and beyond throughout the summer season.

May 29, 2020

Duke Energy prepares for hurricane season during COVID-19 pandemic

–As the June 1 start of hurricane season approaches, Duke Energy is preparing to respond to power outages as quickly as possible– while also adapting to the extra challenges of protecting the health and well-being of the company’s employees, customers and communities during the COVID-19 pandemic. “Now more than ever, our customers are depending on us for the…

May 29, 2020

AM Best Revises Outlooks to Negative for Bangkok Insurance Public Company Limited

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Bangkok Insurance Public Company Limited. During the first quarter of 2020, BKI reported a 10% reduction in capital and surplus, following a total comprehensive loss of THB 5.3 billion, primarily due to…

May 29, 2020

AM Best Revises Outlooks to Negative For Dhipaya Insurance Public Company Limited

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Dhipaya Insurance Company Limited. These Credit Ratings reflect Dhipaya’ s balance sheet strength, which AM Best categorises as strong, as well as its strong operating performance, neutral business profile and…

May 29, 2020

AM Best Affirms Credit Ratings of Everest Re Group, Ltd. and Its Subsidiaries

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the operating subsidiaries of Everest Re Group, Ltd.. Concurrently, AM Best has affirmed the Long-Term ICRs of“ a-” of Everest Re Group, Ltd. and Everest Reinsurance Holdings, Inc.. Additionally, AM Best has affirmed the Long-Term Issue Credit Ratings of Everest…

Jon Talton: How private equity is a risky play for the economy and jobs

May 29, 2020

A big example is how PE firms led leveraged buyouts of J.Crew and venerable Neiman Marcus, saddling them with billions in debt and collecting management fees that the retailers had to repay to their new private equity owners. Even before the pandemic, 10 out of 14 bankruptcies of major retail chains since 2012 involved private equity, according to a report last…

May 29, 2020

Travelers Extends Stay-at-Home Auto Premium Credit Program to June

The Travelers Companies, Inc. today announced it is extending its Stay-at-Home Auto Premium Credit Program, giving its U.S. personal auto insurance customers a 15% credit on their June premiums. “We have been evaluating our various COVID-19 relief programs in an effort to determine how we can best support our customers, agents, brokers and communities,” said…

The Coronavirus Pandemic Has Increased the Demand for Life Insurance in Ohio

May 29, 2020

Archbold, OH—- 05/29/2020– The global Coronavirus pandemic has caused an increase in demand for life insurance amongst Ohio residents. Beck Insurance Agency is equipped to handle the demand increase by serving the communities of Toledo, Maumee, Sylvania OH, Bryan OH, Waterville OH, and Swanton OH with quality life insurance options that fit any budget.

Institute for Agriculture and Trade Policy: Despite Global Health Crisis, Bilateral Trade Negotiations Move Forward in Secrecy

May 29, 2020

The Institute for Agriculture and Trade Policy' s Senior Attorney Sharon Treat is monitoring and analyzing these two potential trade deals, as well as participating in several webinars to address the secretive, non-transparent U.S.- EU and U.S.- U.K negotiations. Rather than learning from the pandemic, the U.S. is advancing a trade agenda with the U.K. and EU that…

Centers for Better Insurance Issues Public Comment on Treasury Department Notice

May 29, 2020

The Centers for Better Insurance LLC, Frederick, Maryland, has issued a public comment on the Department of the Treasury's notice entitled “2020 Report on the Effectiveness of the Terrorism Risk Insurance Program”. This comment letter focuses on the effectiveness of the program's statutory prohibition on duplicative compensation, particularly in the…

Greg Walden: 'This is Good News for Wildfire Prevention!'

May 29, 2020

Greg Walden, R- Oregon, issued the following news release:. Representative Greg Walden released a statement after the Bureau of Land Management announced proposals to improve efficiency in forest management projects and expedite efforts to clean up after wildfires. “Southern Oregon has borne the brunt of wildfires and smoke in recent years,” said Walden.

Food Marketing Institute: America's Pharmaceutical Supply and Payment Chain Collaborating to Promote Undisrupted Patient Access to Medications

May 29, 2020

*Academy of Managed Care Pharmacy. *American Society of Health-System Pharmacists. *Blue Cross Blue Shield Association.

Rep. Connolly Presses Labor Secretary on Apparent Presses Labor Secretary on Apparent Interference With Thrift Savings Plan

May 29, 2020

Gerald E. Connolly, the Chairman of the Subcommittee on Government Operations, sent a letter to Department of Labor Secretary Eugene Scalia expressing concerns over unprecedented interference by the White House and the Department of Labor in the administration of the Thrift Savings Plan. On May 11, 2020, the Trump White House wrote to DOL, in an attempt to…

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