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SC Chiropractor Pleads Guilty To Insurance Fraud; Faces Prison, $9M Judgment

November 23, 2021

GREENVILLE- For six years, whistleblowers and prosecutors have pursued Daniel McCollum and claims the Upstate chiropractor, through a string of pain-management businesses, made millions defrauding government insurance providers. The U.S. Attorney's Office in South Carolina announced the terms of the settlement on Nov. 22. In 2019, the doors to McCollum's…

Flying out of SLO? Airport reopens COVID testing clinic in time for holiday season [The Tribune (San Luis Obispo, Calif.)]

November 23, 2021

Patients can walk or bike up to the site as well, according to the COVID Clinic website. Molecular PCR tests should not be used by travelers to test their coronavirus status, according to guidelines on the COVID Clinic website. "The drive-through process is efficient and safe, and we hope that residents and travelers alike will take advantage of the COVID Clinic…

Best’s Market Segment Report: AM Best Maintains Stable Outlook on Taiwan’s Non-Life Insurance Market

November 23, 2021

AM Best is maintaining a stable market segment outlook on Taiwan’ s non-life insurance segment, citing robust underwriting and investment performance in 2020 and carriers’ healthy risk-adjusted capitalisation levels. The Best’ s Market Segment Report, titled,“ Market Segment Outlook: Taiwan Non-Life Insurance,” notes that Taiwan has managed for the most part…

Christmasville event kicks off the holiday season [Stephenville Empire-Tribune, Texas]

November 23, 2021

Starting early, there will be live music, holiday shopping deals and extended hours, snacks and more at Scott's Flowers from 8 a.m. to 6 p.m., at Julianne's from 9 a.m. to 6 p.m. and at Ben Franklin from 10 a.m. to 8 p.m.. Red Fences LLC will have a photographer available to capture some holiday memories and Farmers Insurance will host a toy drop-off for donations to Choices.

Madison County Commissioners approve slight increase in employee health insurance costs [The Herald Bulletin, Anderson, Ind.]

November 23, 2021

The commissioners will also request the Madison County Council approve a transfer from the insurance reserve fund to cover any additional shortfalls. "The commissioners will request the county council transfer $500,000 from the insurance reserve fund and then appropriate $500,000 next year to bring the reserve fund back to $1.9 million," Richwine said.

Patent Issued for Personalized user interface systems and methods (USPTO 11163725): United Services Automobile Association

November 23, 2021

2021 NOV 23– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Alexandria, Virginia, by NewsRx journalists, a patent by the inventors Gaeta, Michael Joseph, Tijerina, Oscar Roberto, filed on October 30, 2020, was published online on November 2, 2021. The assignee for this patent, patent number 11163725, is…

“Use Of Polyol Fatty Ester Compositions And Products For Minimizing Exposure To A Noxious Substance” in Patent Application Approval Process (USPTO 20210338625): Patent Application

November 23, 2021

2021 NOV 23– By a News Reporter-Staff News Editor at Insurance Daily News– A patent application by the inventor KWIECINSKI, Mark, filed on December 4, 2019, was made available online on November 4, 2021, according to news reporting originating from Washington, D.C., by NewsRx correspondents. This patent application has not been assigned to a company or institution.

Researchers Submit Patent Application, “Health Management System”, for Approval (USPTO 20210343393): Patent Application

November 23, 2021

2021 NOV 23– By a News Reporter-Staff News Editor at Insurance Daily News– From Washington, D.C., NewsRx journalists report that a patent application by the inventor NAKAMURA, Kozo, filed on October 14, 2019, was made available online on November 4, 2021. No assignee for this patent application has been made. News editors obtained the following quote from the…

Patent Issued for Smart application rating (USPTO 11164224): Aetna Inc.

November 23, 2021

2021 NOV 23– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Alexandria, Virginia, by NewsRx journalists, a patent by the inventors Scheel, Mark, filed on July 21, 2017, was published online on November 2, 2021. The assignee for this patent, patent number 11164224, is Aetna Inc.. Reporters obtained the…

South Eastern Kenya University Researchers Report on Findings in Risk Management (A systematic review of the literature on the contribution of past climate information services pilot projects in climate risk management): Risk Management

November 23, 2021

2021 NOV 23– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on risk management have been published. According to news reporting from South Eastern Kenya University by NewsRx journalists, research stated,“ Many pilot-based initiatives have been developed to promote awareness and use of climate information services among…

Patent Issued for Communication of insurance claim data (USPTO 11164261): Allstate Insurance Company

November 23, 2021

2021 NOV 23– By a News Reporter-Staff News Editor at Insurance Daily News– Allstate Insurance Company has been issued patent number 11164261, according to news reporting originating out of Alexandria, Virginia, by NewsRx editors. The patent’ s inventors are Gangaram, Srinivas Reddy, Hanson, Randall Martin, Upadhyaya, Raj Albert, Wales, Erika Ann.

Patent Issued for Systems and methods for classifying vehicle trips (USPTO 11162802): Allstate Insurance Company

November 23, 2021

2021 NOV 23– By a News Reporter-Staff News Editor at Insurance Daily News– Allstate Insurance Company has been issued patent number 11162802, according to news reporting originating out of Alexandria, Virginia, by NewsRx editors. The patent’ s inventors are Kreig, Alex, Link, Kelly, Recchia, Anthony, Tiwari, Chhavi, Yang, En-Chieh. This patent was filed on October 28,…

Illness and Wage Loss: Longitudinal Evidence from India (and Implications for the Universal Health Coverage Agenda): Health and Medicine

November 23, 2021

2021 NOV 23– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting based on a preprint abstract, our journalists obtained the following quote sourced from medrxiv.org:. “In this paper, we quantify the economic burden of illness in India attributable–separately–to wage loss and to medical care spending, as well as…

Research Conducted at Auburn University Has Provided New Information about Crop Insurance (Crop Insurance Premium Subsidy and Irrigation Water Withdrawals In the Western United States): Agriculture – Crop Insurance

November 23, 2021

2021 NOV 23– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Agriculture- Crop Insurance. Financial supporters for this research include Alabama Agricultural Experiment Station, Hatch program of the National Institute of Food and Agriculture, U.S. Department of Agriculture. For more information on this…

Reports from University of Airlangga Highlight Recent Findings in Nursing (Hospital Nurses’ Perceptions of Distributive Justice Under the National Health Insurance Scheme In Indonesia): Nursing

November 23, 2021

2021 NOV 23– By a News Reporter-Staff News Editor at Health& Medicine Business Daily– Investigators publish new report on Nursing. According to news reporting originating from Surabaya, Indonesia, by NewsRx correspondents, research stated,“ National Health Insurance is a health financing scheme implemented in Indonesia to achieve universal health coverage.

Universal Insurance Holdings Completes Private Placement of $100M of Senior Unsecured Notes due 2026 to Support Growth

November 23, 2021

Universal Insurance Holdings announced today that it has completed an upsized and oversubscribed private placement of $100 million aggregate principal amount of 5.625% senior unsecured notes due 2026 to certain institutional accredited investors and qualified institutional buyers. We look forward to demonstrating continued execution on our…

KKR to Present at the Goldman Sachs US Financial Services Conference 2021

November 23, 2021

KKR& Co. Inc. announced today that Scott C. Nuttall, Co-Chief Executive Officer, will present at the Goldman Sachs US Financial Services Conference 2021 on Wednesday, December 8, 2021 at 8:00AM ET. KKR’ s insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. For additional…

Fanhua Reports Third Quarter 2021 Unaudited Financial Results

November 23, 2021

–Fanhua Inc.,,, a leading independent financial services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2021 1. Chunlin Wang, chairman and chief executive officer of Fanhua, stated,“ China's life insurance industry continues to be under pressure in 2021, as consumer confidence has not yet fully…

AMBAC FINANCIAL GROUP INC FILES (8-K) Disclosing Regulation FD Disclosure

November 23, 2021

On November 23, 2021, the trial court in the litigation captioned Ambac Assurance Corporation and The Segregated Account of Ambac Assurance Corporation v. Countrywide Home Loans, Inc., Countrywide Securities Corp., Countrywide Financial Corp. and Bank of America Corp. set September 7, 2022 as the starting date of the trial in the case. Important factors that…

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