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SEC sanctions former Cookeville financial advisor

January 24, 2025

After a Cookeville- based financial advisor and ordained minister settled charges of fraud with the Securities and Exchange Commission, the SEC has now formally revoked his company's registration as an investment advisor. The SEC also barred the advisor, Donald Anthony Wright, "from association with any broker, dealer, investment adviser, municipal…

'We Have No Intention to Increase Premiums'

January 24, 2025

The Management of Saar Insurance Liberia says it is taken aback over claims being made by a group calling itself Concerned Health Workers headed by one Teah Bolo, that it is unilaterally planning to increase the premiums of those under its Group Life Medical Insurance policy. The company clarified that any adjustments in the Group Life Medical Insurance are…

Lose home insurance in Pierce County? Some areas are seeing a ‘higher level of scrutiny’

January 24, 2025

Cooper and her husband are retired, have high credit scores, and have cement siding on their waterfront home in Lakebay, she told The News Tribune. Pierce County has its own share of areas where wildfires have occurred or could occur, The News Tribune reported, and KING 5 reported in August 2024 that there was a spike in insurance companies dropping Washington…

Demand for ACA health insurance plans soars to record high in WA

January 24, 2025

As of Jan. 15, the close of open enrollment, about 308,000 residents had chosen 2025 health and dental plans through Washington Healthplanfinder, the state's online marketplace for ACA coverage. This year, more than 75% of customers benefited from federal premium tax credits, which were implemented by the Biden administration, Exchange CEO Ingrid Ulrey said in…

Colorado plans to limit coverage of weight-loss drugs like Wegovy for state employees to save $17M

January 24, 2025

Colorado plans to start limiting insurance coverage of prescription weight-loss drugs for its roughly 40,000 state employees, a cost-cutting measure in a difficult budget year that officials say will save nearly $17 million annually. From July 2023 through December 2023, the cost was $1.5 million. That jumped to $4 million in the six months that followed, and…

Trump demands Fed cut rates, claims better monetary policy understanding

January 24, 2025

U.S. President Donald Trump on Thursday said he wants the Federal Reserve to cut interest rates at a time the central bank has hit pause for an uncertain duration, arguing he understands monetary policy better than those charged with setting it. At a White House event following those comments, Trump said, "I think I know interest rates much better than they do, and I…

January Rate Cut Likely As South Africa Inflation Slows

January 24, 2025

South Africa's inflation rose to 3% in December 2024 from 2.9% in November The slower-than-anticipated increase strengthens expectations of a 25 basis-point interest rate cut The central bank has already reduced the key repo rate by 50 basis points since September. South Africa's inflation rose to 3% in December 2024 from 2.9% in November, falling short of…

Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation

January 24, 2025

—The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at a desirable target level. The decision by the central bank came at the end of a two-day policy board meeting in Tokyo. The labor ministry adjusted its wage data for November to a rise of 0.5%, instead of a decline, helping to support the Bank of Japan's…

Prudential Financial and Dai-ichi Life to Pursue Strategic Partnership

January 23, 2025

Prudential Financial, Inc. and Dai-ichi Life Holdings announced today their intent to pursue a strategic partnership focused on product distribution and asset management capabilities. “As one of the leading life insurance providers in Japan, Dai-ichi is an ideal partner for our best-in-class life planner distribution network in Japan, as well as to PGIM,”…

Health officials say Eugene medical chain, two Oregon insurers unreasonably raised costs

January 23, 2025

They include Eugene- based Oregon Medical Group and two insurers, Moda Health and UnitedHealthcare, both of which managed Medicare Advantage plans. The state found that cost of care for privately insured patients at Oregon Medical Group, which owns a chain of clinics in the Eugene area, surged by 6.5%— nearly double the state’ s target growth rate.

Hartford insurance giant Travelers expects 'material impact' from California wildfires

January 23, 2025

Jan. 22— Property-and-casualty insurer Travelers is expecting a significant financial impact from the devastating wildfires this month in Los Angeles County, while executives indicated Wednesday that the company born in Hartford plans to continue providing homeowners' coverage in California. Several of the company's top executives gave an initial…

Citizens Property Insurance rate hikes remain unresolved

January 23, 2025

TALLAHASSEE— Proposed rate increases that could have taken effect Jan. 1 for customers of the state's Citizens Property Insurance Corp. remain unresolved— with any hikes now unlikely to hit customers' bills for months. The Florida Office of Insurance Regulation has not ruled on the proposal, which the Citizens Board of Governors approved in June.

New Machine Learning Study Findings Recently Were Reported by Researchers at Federal Reserve Bank of Philadelphia (One Threshold Doesn’t Fit All: Tailoring Machine Learning Predictions of Consumer Default for Lower-income Areas): Machine Learning

January 23, 2025

2025 JAN 23– By a News Reporter-Staff News Editor at Health Policy and Law Daily– Current study results on Machine Learning have been published. Financial support for this research came from Carnegie Mellon University, ETH Zurich. Our news editors obtained a quote from the research from the Federal Reserve Bank of Philadelphia,“ Using credit bureau data and ML, we…

Business Combination Prospectus (Form 425)

January 23, 2025

PURSUANT TO SECTION 13 OR 15 OF THE. Date of Report: January 21, 2025. As previously disclosed on the Form 8- K filed on November 4, 2024 with the Securities and Exchange Commission, RF Acquisition Corp., a Delaware corporation, received written notice from the listing qualifications department of The Nasdaq Stock Market LLC on October 30, 2024, stating that the…

Northeastern University Researcher Yields New Study Findings on Investment Management and Financial Innovations (Central Bank Digital Currencies: A review of global trends in adoption, financial inclusion, and the role of country characteristics): Business – Investment Management and Financial Innovations

January 23, 2025

2025 JAN 23– By a News Reporter-Staff News Editor at Economics Daily Report– Current study results on investment management and financial innovations have been published. According to news reporting from Northeastern University by NewsRx journalists, research stated,“ The global adoption of Central Bank Digital Currencies represents a pivotal shift in…

Proxy Statement (Form DEF 14A)

January 23, 2025

dis-20250123 F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant☒ Filed by a Party other than the Registrant☐ Check the appropriate box:☐ Preliminary Proxy Statement☐ Confidential, for Use of the Commission Only☒ Definitive…

Proxy Statement (Form DEF 14A)

January 23, 2025

intl-20250123 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A INFORMATION Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only…

Insider named as new CEO for UnitedHealthcare insurance business

January 23, 2025

UnitedHealth Group has named long-time executive Tim Noel as the new chief executive for its massive UnitedHealthcare health insurance business. Noel joined Eden Prairie- based UnitedHealth Group in 2007 and served most recently as CEO for UnitedHealthcare Medicare& Retirement, which includes the company’ s Medicare Advantage health plans.

Market Quote: Canada's Inflation Rate, U.S. Bank Earnings, AI's Next Wave

January 23, 2025

On balance, this should be enough for the Bank of Canada to cut rates by another 25 basis points next week. U.S. banks' fourth quarter earnings season has further reinforced the positive share price momentum that has been mostly shared by the group since the U.S. election in November. While U.S. banks are roughly trading at a 10% price/earnings premium to Canadian…

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