The American Council of Life Insurers will host its Senior Investment Managers Seminar at the Loews Bay Resort, Coronado, California, Nov. 3-6:. Speakers: Peter Gailliot, Managing Director, Head of US Fixed Income for Financial Institutions Group, BlackRock; Carmi Margalit, Analytical Manager& Senior Director, S&P Global Ratings; Anne Walsh, Chief Investment…
Eleanor Holmes Norton, D-D.C., issued the following news release:. At a hearing today, titled “NextGen Feds: Recruiting the Next Generation of Public Servants,” Congresswoman Eleanor Holmes Norton announced she had introduced the Federal Employee Short-Term Disability Insurance Act of 2019, which would help provide financial relief for federal employees who…
According to court documents, Walters began his employment with Synergy Concepts Inc. on or about August 2001. In 2014, Walters was the Vice-President and Secretary of Synergy Concepts Inc. Defendant Walters, on behalf of Synergy Concepts Inc., acted as the co-trustee for a company retirement plan that was funded from voluntary contributions by the…
The Congressional Budget Office issued the following cost estimate:. H.R. 2004 would prohibit plans that offer insurance through the Federal Employees Dental and Vision Insurance Program or the Federal Long Term Care Insurance Program from cancelling policies as a result of nonpayment during a government shutdown. The CBO staff contacts for this estimate…
The American Property Casualty Insurance Association issued the following statement by Wes McClelland, vice president of federal government, applauding the House for passing the SAFE Banking Act:. We encourage the Senate to take up and pass H.R. 1595, The SAFE Banking Act, as amended, as soon as possible, “said McClelland. It will take a concerted effort by…
U.S. Senate Minority Leader Charles E. Schumer and U.S. Senator Kirsten Gillibrand today announced $16,761 in federal funding for the Shortsville Fire Department in Ontario County. The funding was allocated through the Department of Homeland Security’s Federal Emergency Management Agency’s Assistance to Firefighters Grant Program and will be used to…
The U.S. Attorney for the Southern District of New York, Geoffrey S. Berman, issued the following news release:. Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced today that KEITH ORLEAN, a/k/a ” Jack Allen,” pled guilty to participating in a scheme to target elderly persons to solicit purchases of stock in a series of…
-Express Scripts Holding Company and Medco Health Solutions. Cigna Corporation today announced the commencement of private offers to exchange any and all of certain outstanding notes issued by Cigna’s wholly-owned subsidiaries, Cigna Holding Company, Express Scripts Holding Company and Medco Health Solutions, Inc. for new senior notes to be issued by…
The bill would fund the Environmental Protection Agency at $9.01 billion– a $161 million increase to FY 2019 funding level. “Interior Subcommittee Chair Lisa Murkowski and Ranking Member Tom Udall deserve our thanks for advancing a strong FY20 funding bill for EPA that will help protect our air, water, and public health,” said Elizabeth Gore, EDF Senior Vice…
Denver Riggleman, R- Virginia, issued the following news release:. U.S. Representatives Denver Riggleman, Morgan Griffith, Don Beyer, Ben Cline, Elaine Luria, and Abigail Spanberger, along with Senators Tim Kaine and Mark Warner secured Viginia’s inclusion in the hemp crop insurance pilot program today. Yesterday, the members sent a letter to AgriLogic, urging it to…
The Trump administration’s trade war with China is largely to blame for stocks’ screeching halt on Wall Street since April, analysts and economists say. The Trump trade war’s drag on Wall Street is a dramatic turnaround for investors, who survived a whip-saw winter that saw the S&P plunge late last year only to recover at the start of this year.
The ballot measure would adjust the maximum $250,000 compensation cap set in 1975 by the legislature on quality of life and wrongful death survivor damages that has never been updated. California’s maximum $250,000 compensation cap set by the legislature 45 years ago is worth 80 percent less today, only $50,768 in 1975 dollars. California is 1 of just 3 states…
The U.S. Department of Homeland Security’s Federal Emergency Management Agency issued the following news release:. As September’s National Preparedness Month comes to a close, the Federal Emergency Management Agency encourages individuals, businesses, and communities in the Southeast and across the nation to prepare for emergencies throughout the year.
John Bel Edwards, D- Louisiana, issued the following news:. Commerce Secretary Wilbur Ross announced today that he has declared a fisheries disaster after finding that a catastrophic regional fishery disaster occurred for Louisiana, Mississippi, and Alabama due to extreme flooding events in the Gulf of Mexico. “I appreciate President Trump and Secretary Ross…
The U.S. Department of Homeland Security’s Federal Emergency Management Agency issued the following news release:. *More than $712 million in housing assistance was provided to survivors who registered for the FEMA Individual Assistance Program in 51 eligible counties;. FEMA remains committed to continuing its support to Florida’s recovery from…
-Bain& Company’s fifth global survey of retail insurance customers finds’ connected’ consumers interact with their insurance carrier more than four times the frequency of those who don’t use connected devices. Working with Dynata, an online global market research company, Bain& Company surveyed nearly170, 000 insurance customers in 16 countries and found…
Tim Walberg, R- Michigan, ranking Republican member of the House Education and Labor subcommittee on Health, Employment, Labor and Pensions, issued the following opening statement at a hearing on the Democrats’ socialized drug pricing scheme:. According to a recent report on medicine use and spending in the U.S., patients paid $61 billion in out-of-pocket drug…
The U.S. Department of Agriculture’s Risk Management Agency has issued the following news release:. The U.S. Department of Agriculture announced today that producers currently participating in federal crop insurance who had in 2019 a payable prevented planting indemnity related to flooding, excess moisture or causes other than drought will…
The U.S. Department of Commerce’s Economic Development Administration issued the following news release:. Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration is awarding a $9.5 million grant to the La Jolla Band of Luiseno Indians of Pauma Valley, California, to renovate the Tribe’s campground…
