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Florida News in Brief

December 28, 2023

TALLAHASSEE— The number of Citizens Property Insurance Corp. policies dropped by more than 48,000 last week, as the state's insurer of last resort continues trying to move customers into the private market. TALLAHASSEE— The average price of a gallon of regular unleaded gas in Florida jumped 14 cents during the past week, as demand grew with travel over the…

Economic lookahead: As we ring in 2024, can the US economy continue to avoid a recession?

December 28, 2023

With economic forecasters rewriting their 2024 outlooks following recent moves from the Federal Reserve, The Conversation turned to two financial economists to share their thoughts on the upcoming year. D. Brian Blank and Brandy Hadley are professors who study finance, firm financial decisions and the economy. The U.S. economy is not in a recession and will…

Former Baltimore State's Attorney Marilyn Mosby faces law license suspension ahead of mortgage fraud trial

December 28, 2023

PUBLISHED: December 27, 2023 at 11:53 a.m.| UPDATED: December 27, 2023 at 3:02 p.m.. Maryland's bar counsel, which investigates wrongdoing by attorneys, has moved to suspend former Baltimore State's Attorney Marilyn Mosby's law license. Thomas M. DeGonia, the state's recently appointed bar counsel, cited Mosby's November perjury convictions in a petition…

December 28, 2023

The IRS released 2024 contribution limits; here’s why you should care

The Internal Revenue Service puts limits on the amount of money workers can contribute to Investment Retirement Accounts, Roth IRAs, 401 s and other types of retirement accounts because each of these have built-in tax advantages that could allow higher-paid workers to avoid, or defer, larger tax bills. $23,000 for 401, 403 and most 457 Plans.

State OK’s major insurance company to raise homeowner rates by 20% in California

December 28, 2023

State Farm is expected to increase its average rate for homeowner insurance policies in California by 20% next year, under a proposal approved last week by the Department of Insurance, records shows. In 2022, the most recent data available, State Farm held more than one out of every five homeowner policies in the state, according to the department.

Increased longevity without a plan

December 28, 2023

As we prepare to turn the page on another year, we are reminded we are a year older. North Carolina, like most states, is unprepared to deal with these numbers or their needs. Even with a 401, IRA, some type of pension or Social Security, they worry about how they can afford to live into their 80 s or 90 s.

Basketball: it’s part of life in ways private and public

December 28, 2023

When my eyes get blurry from too much computer screen time, ditto for arthritic fingers dealing with pressing on keys, I wad up sheets of the ever-arriving solicitations to send money fast and loop them into the trash bin placed past my desk. At this point, coffee cup nearby, I turned to the opening pages of the newly arrived National Geographic Magazine.

Increased longevity without a plan

December 28, 2023

As we prepare to turn the page on another year, we are reminded we are a year older. North Carolina, like most states, is unprepared to deal with these numbers or their needs. Even with a 401, IRA, some type of pension or Social Security, they worry about how they can afford to live into their 80 s or 90 s.

Solving health insurance crisis for laid off mill workers was no small feat

December 27, 2023

Awards were presented to Jan Plummer with Mountain Projects, Celesa Willett of United Way of Haywood County and Mebane Rash, founder of EducationNC— who was dubbed the "architect" of the recovery though her work was largely behind the scenes. The cost of staying on the Pactiv Evergreen policy out-of-pocket was an exorbitant $2,400 monthly for a family of four.

Patent Issued for Systems and methods of assisting a user in discovering medical services (USPTO 11837369): IX Innovation LLC

December 27, 2023

2023 DEC 27– By a News Reporter-Staff News Editor at Insurance Daily News– From Alexandria, Virginia, NewsRx journalists report that a patent by the inventors Roh, Jeffrey, filed on May 6, 2022, was published online on December 5, 2023. The patent’ s assignee for patent number 11837369 is IX Innovation LLC. News editors obtained the following quote from the…

Patent Issued for Data extraction engine for structured, semi-structured and unstructured data with automated labeling and classification of data patterns or data elements therein, and corresponding method thereof (USPTO 11836584): Swiss Reinsurance Company Ltd.

December 27, 2023

2023 DEC 27– By a News Reporter-Staff News Editor at Insurance Daily News– Swiss Reinsurance Company Ltd. has been issued patent number 11836584, according to news reporting originating out of Alexandria, Virginia, by NewsRx editors. The patent’ s inventor is Mueller, Felix. This patent was filed on September 22, 2020 and was published online on December 5, 2023.

Patent Issued for Automatic update of user information (USPTO 11836241): Allstate Insurance Company

December 27, 2023

2023 DEC 27– By a News Reporter-Staff News Editor at Insurance Daily News– Allstate Insurance Company has been issued patent number 11836241, according to news reporting originating out of Alexandria, Virginia, by NewsRx editors. The patent’ s inventors are Frana, Nicole Kristine, Garcia, Daniel Carrasco, Hopper, E. Mitchell, Rule, Joe, Unnikrishnan, Ullas.

Patent Issued for Apparatuses, computer-executed methods, and computer program products for reduced-reliance application onboarding (USPTO 11836736): Assurant Inc.

December 27, 2023

2023 DEC 27– By a News Reporter-Staff News Editor at Insurance Daily News– Assurant Inc. has been issued patent number 11836736, according to news reporting originating out of Alexandria, Virginia, by NewsRx editors. The patent’ s inventors are Gronsbell, Dan, Perkna, Ronnie Blake. This patent was filed on October 8, 2021 and was published online on December 5, 2023.

Patent Application Titled “Machine Learning Model For Predicting Health Plans Based On Missing Input Data” Published Online (USPTO 20230394588): Patent Application

December 27, 2023

2023 DEC 27– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a patent application by the inventors DELANO, III, Raymond G.; JENSEN, Julie Ann; POTEET, III, James L., filed on August 18, 2023, was made available online on December 7, 2023. No assignee for this patent…

Patent Issued for Selectively redeemable bundled healthcare services with discreet payment distribution (USPTO 11836775): Mdsave Shared Services Inc.

December 27, 2023

2023 DEC 27– By a News Reporter-Staff News Editor at CDC& FDA Daily– Mdsave Shared Services Inc. has been issued patent number 11836775, according to news reporting originating out of Alexandria, Virginia, by NewsRx editors. The patent’ s inventors are Aipperspach, Ryan, Bischoff, Michael, Kaufman, Mark, Ketchel, III, Paul J., Martirosyan, Karen, Osborne, Ani, Schmidt,…

Patent Issued for Anti-fake packing method for product liability insurance (USPTO 11836804): Hainan Paipaikan Information Technology Co. Ltd.

December 27, 2023

2023 DEC 27– By a News Reporter-Staff News Editor at China Business Day– A patent by the inventor Chen, Mingfa, filed on December 26, 2019, was published online on December 5, 2023, according to news reporting originating from Alexandria, Virginia, by NewsRx correspondents. Patent number 11836804 is assigned to Hainan Paipaikan Information Technology Co. Ltd..

Reports on Agricultural Insurance Findings from Minnan Normal University Provide New Insights (How does agricultural insurance induce farmers to adopt a green lifestyle?): Agriculture – Agricultural Insurance

December 27, 2023

2023 DEC 27– By a News Reporter-Staff News Editor at Agriculture Daily– New study results on agricultural insurance have been published. According to news reporting from Zhangzhou, People’ s Republic of China, by NewsRx journalists, research stated,“ This study is dedicated to exploring and establishing a theoretical framework for the impact of agricultural…

Management Change/Compensation – Form 8-K

December 27, 2023

In connection with the merger contemplated by the previously announced Agreement and Plan of Merger, dated as of July 4, 2023, by and among American Equity Investment Life Holding Company, an Iowa corporation, Brookfield Reinsurance Ltd., a Bermuda exempted company limited by shares, Arches Merger Sub, Inc., an Iowa corporation and a wholly owned subsidiary of…

APPALACHIAN POWER, WHEELING POWER SEEK APPROVAL OF SETTLEMENT AGREEMENT IN FUEL COST CASES

December 27, 2023

–American Electric Power subsidiaries Appalachian Power and Wheeling Power today filed a settlement agreement with the Public Service Commission of West Virginia that addresses the companies' Expanded Net Energy Cost cases. The West Virginia Energy Users Group and the West Virginia Coal Association joined Appalachian Power and Wheeling Power in…

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