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Timken Co. profitable on higher third quarter sales

October 31, 2019 Newswires No comments.

JACKSON TWP.– Costs related to pension changes and higher taxes cut into third quarter profits, the Timken Co. reported. Currency exchanges tied to the strengthening U.S. dollar and a softness in North American markets also factored into third quarter results, Richard G. Kyle, president and chief executive officer, told stock market analysts during a conference…

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In five-hour grilling over 737 MAX crashes, House panel reveals Boeing memos, calls on CEO Muilenburg to resign

October 31, 2019

Oct. 31– In a tense and revelatory hearing Wednesday, a U.S. House committee presented startling new evidence from internal Boeing documents showing that, before the first crash in 2018, some company engineers had discovered that a failure in a new flight-control system could be “potentially catastrophic”– information that was dismissed and never…

Sanders predicts repeat win in NH primary

October 31, 2019

Oct. 31– CONCORD– Democratic presidential candidate Bernie Sanders predicts he’ll win his second straight New Hampshire presidential primary because voters embrace his “big and bold” agenda of Medicare for all, tuition-free public college and raising taxes on the corporate and business elite to pay for it. The 78- year-old Vermont senator said he’s “feeling…

Jackson County restructures employees’ health insurance after costs balloon

October 31, 2019

Oct. 31– MURPHYSBORO– After years of deliberation and research, the Jackson County Board has tackled the county’s “biggest financial liability,” Chair Keith Larkin said Oct. 29. Beginning Jan. 1, it will move its pool of about 250 employees, spouses and dependent children from a self-funded health insurance plan, to the H.O.P.E. Trust, an insurer for Illinois…

October 31, 2019

The Importance of “Shop and Compare” During Medicare Annual Election Period

Monday, November 4, 2019, 11 am– 2 pm Castle Hospital- Ohana Room 642′ Ulukahiki Street, Kailua. Tuesday, November 5, 2019, 9 am– 12 Noon Japanese Cultural Center 2454 S. Beretania Street, Honolulu. Thursday, November 7, 2019, 9 am– 12 Noon Hawaii Okinawa Center 94-587 Ukeʻe Street Waipahu.

Amerisafe reports $21.4 million profit

October 31, 2019

Oct. 31– Amerisafe, a DeRidder writer of hazardous worker’s compensation insurance, reported third quarter net income of $21.4 million, or $1.11 a share, compared to $19.7 million, or $1.02 a share, a year ago. The rise in income happened despite Amerisafe generating less money from insurance premiums. “Our response to the soft insurance cycle hinged on our…

October 31, 2019

What Does Impeachment Probe Mean For The Stock Market?

The stock market is more concerned with the U.S.- China trade war, the strength of the global and U.S. economy, interest rates and corporate profits than the impeachment inquiry. For instance, on Thursday, analysts pinned the market’s drop largely on a weak report on business activity in the Midwest and worries about the trade war with China.

Employment Highlight

October 31, 2019

Oct. 31– Your future employee is a man who is reliable and hard-working with a long work history in Panama City. He lost his job because the business he was working at closed due to damages caused by Hurricane Michael. He has worked mainly in food service but is very strong and could work as a mover, a dishwasher or even a lobby attendant.

October 31, 2019

Sachem Capital Corp. Prices Registered Public Offering of $30.0 Million of 6.875% Notes

Sachem Capital Corp. today announced the pricing of a registered public offering of $30.0 million aggregate principal amount of 6.875% unsecured, unsubordinated notes due 2024. The net proceeds of the offering to Sachem Capital Corp. are expected to be approximately $28.6 million after payment of underwriting discounts and commissions and estimated…

October 31, 2019

AM Best Affirms Credit Ratings of Trisura Guarantee Insurance Company and Trisura Specialty Insurance Company

AM Best has affirmed the Financial Strength Rating A- and the Long-Term Credit Rating of“ a-” of Trisura Guarantee Insurance Company, and its sister company, Trisura Specialty Insurance Company. The outlook of these Credit Ratings remains stable. The ratings of Trisura Guarantee reflect its balance sheet strength, which AM Best categorizes as very strong, as well…

October 31, 2019

Magellan Health Board of Directors Appoints Kenneth J. Fasola as Chief Executive Officer

Magellan Health, Inc. today announced that the Company’ s Board of Directors has appointed Kenneth J. Fasola as Chief Executive Officer, effective November 14, 2019. “I am pleased that we have been able to attract someone with Ken’ s breadth of healthcare experience in commercial and government-sponsored health plans and proven leadership track record,” said…

October 31, 2019

Business and Policymakers Must Join Forces to Raise Workforce Participation

–Increasing competition from abroad, an aging population, and the slowing growth of the American workforce could have profound consequences for US economic strength and global leadership, a new report from the Committee for Economic Development of The Conference Board warns. “If we are going to leverage the full strength of our workforce, the private sector…

October 31, 2019

FBL Financial Group Reports Third Quarter 2019 Results

FBL Financial Group, Inc. today reported net income attributable to FBL Financial Group for the third quarter of 2019 of $25.1 million, or $1.01 per diluted common share, compared to $31.0 million, or $1.24 per diluted common share, for the third quarter of 2018. Adjusted operating income differs from the GAAP measure, net income attributable to FBL Financial…

October 31, 2019

Centene To Present At Two Healthcare Conferences In November

At the Credit Suisse 28 th Annual Healthcare Conference, to be held Nov. 11-13, 2019, at The Phoenician in Scottsdale, Ariz., Centene will present on Tuesday, November 12 th, at 3:35 p.m. Mountain Standard Time. On Thursday, November 14 th at 11:15 a.m. Central Standard Time, Centene will present at the Stephens Nashville Investment Conference, to be held Nov. 13-15,…

October 31, 2019

Joseph Sanborn Joins EverQuote as Senior Vice President of Corporate Development and Strategy

–EverQuote, Inc., a leading online insurance marketplace in the U.S., is pleased to announce that Joseph Sanborn has joined the company as Senior Vice President, Corporate Development and Strategy. “I have long admired EverQuote and its world-class team of technologists and big data experts who are passionate about transforming the insurance buying…

October 31, 2019

Heritage Reports Third Quarter 2019 Results

Net income for the quarter was $8.1 million, or $0.28 per diluted share. Book value per share increased 6.5% from year-end 2018 and 2.5% from June 30, 2019 to $15.37 at September 30, 2019. Gross premiums written were $237.3 million, up 1.6% year-over-year, including 7.9% growth outside Florida that was partly offset by a 4.8% exposure management driven decline…

October 31, 2019

ACORD InsurTech Innovation Challenge Winner Named at ACORD Connect 2019

MakuSafe Corp., an SaaS/Data& Analytics company which seeks to improve worker health, safety, and productivity while reducing worker compensation claims and mitigating workplace risks, advanced through multiple rounds of live-pitch competitions to beat out dozens of other contestants. MakuSafe, based in West Des Moines, Iowa, will receive a $15,000 cash…

October 31, 2019

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Merit Medical Systems, Inc. Investors

Law Offices of Howard G. Smith announces an investigation on behalf of Merit Medical Systems, Inc. investors concerning the Company and its officers’ possible violations of federal securities laws. If you purchased Merit securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your…

October 31, 2019

Independence Blue Cross offers a wide range of health insurance choices for individuals during Open Enrollment

–With Open Enrollment for individual consumers beginning tomorrow, November 1, Independence Blue Cross will continue to provide a wide range of health plans to meet the needs of the community. For 2020, Independence will offer the most health plan options to consumers in the Philadelphia five-county region. “We are committed, as we have been for more than 80…

October 31, 2019

AM Best Affirms Credit Ratings of Al-Sagr National Insurance Company P.S.C.

AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Al-Sagr National Insurance Company P.S.C.. The outlook of these Credit Ratings is stable. The ratings reflect ASNIC’ s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, limited business profile…

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