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$35B Capital One-Discover merger set to close Sunday

May 16, 2025

McLean- based Capital One Financial is scheduled to close on its $35.3 billion acquisition of Discover Financial Services on Sunday, finalizing the merger of the credit card giants announced last year. On April 18, Capital One received approval from the Federal Reserve and the Office of the Comptroller of the Currency to purchase Illinois- based Discover.

SC liquor liability law aims to help bars. Columbia owners have mixed feelings

May 16, 2025

For the last couple years, bar and restaurant owners have been sounding the alarm on an escalating liquor liability insurance crisis in South Carolina, an issue that has led a number of establishments across the Palmetto State to close or curtail operations. In the waning days of this year’ s legislative session at the Statehouse, lawmakers struck a deal in an…

Findings in Managed Care Reported from Eastern Virginia Medical School (Low Socioeconomic Indicators Correlate With Critical Preoperative Glenoid Bone Loss and Care Delays): Managed Care

May 16, 2025

2025 MAY 16– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Managed Care. According to news reporting from Norfolk, Virginia, by NewsRx journalists, research stated,“ Chronic and recurrent shoulder dislocations prior to stabilization can increase the risk of glenoid bone loss. The news correspondents…

KBRA Assigns Preliminary Rating to Surplus Notes of Clear Blue Specialty Insurance Company

May 16, 2025

KBRA assigns a preliminary rating of "BBB” with Stable Outlook to surplus notes to be issued by Clear Blue Specialty Insurance Company. As surplus notes, the Notes are deeply subordinated and payments thereon are subject to the prior approval of the Texas Department of Insurance. CBSIC is one of four operating insurance carriers owned by Clear Blue Financial…

Studies from University of California San Francisco (UCSF) Have Provided New Information about Traumatic Brain Injury (Insurance Payer Is Associated With Length of Stay After Traumatic Brain Injury): Central Nervous System Diseases and Conditions – Traumatic Brain Injury

May 16, 2025

2025 MAY 16– By a News Reporter-Staff News Editor at Hospital& Nursing Home Daily– Investigators discuss new findings in Central Nervous System Diseases and Conditions- Traumatic Brain Injury. Financial support for this research came from Mercatus Center at George Mason University. The news correspondents obtained a quote from the research from the…

Studies from Central Bank Corporation Reveal New Findings on Investment (The Economic Implications of Oil Supply Uncertainty): Investment

May 16, 2025

2025 MAY 16– By a News Reporter-Staff News Editor at Energy Daily News– Investigators discuss new findings in Investment. Our news journalists obtained a quote from the research from Central Bank Corporation,“ In particular, we demonstrate that unexpected increases in oil supply uncertainty lead to higher real oil prices and a drop in inventories.

Automatic Shelf Registration Statement (Form S-3ASR)

May 16, 2025

Table of Contents As filed with the Securities and Exchange Commission on May 16, 2025. New York, New York 10166-0188. New York, New York 10166-0188.

First Quarter 2025 Statutory Financial Statement for Athene Annuity & Life Assurance Company of New York

May 16, 2025

OF THE CONDITION AND AFFAIRS OF THE. Organized under the Laws of New York, State of Domicile or Port of Entry. Country of Domicile United States of America.

Investors send UnitedHealth stock down on report of DOJ criminal investigation into Medicare Advantage

May 16, 2025

Investors punished UnitedHealth Group’ s stock further Thursday following a Wall Street Journal report that the U.S. Department of Justice has launched a criminal fraud investigation of Medicare billing practices, the latest development in a string of allegations about the Eden Prairie- based company. The health care company said in a statement to the…

Hundreds of thousands of Illinois residents could lose Medicaid coverage under House Republican proposals

May 16, 2025

State health care leaders are warning that proposed cuts to federal Medicaid funding could have devastating consequences— potentially resulting in a loss of health care coverage for hundreds of thousands of people in Illinois. It’ s unclear exactly how much federal money Illinois could lose under the current proposals, but a number of the provisions would…

TechMediaBreaks – FingerMotion Inc. (NASDAQ: FNGR) Expands to Indonesia with AI Insurance Platform Through Mach Wireless Deal

May 16, 2025

FingerMotion (NASDAQ: FNGR), has entered the Indonesian market via its subsidiary, Finger Motion Financial Company Limited, by signing an agreement with PT Mach Wireless Teknologi to deploy its AI-driven insurance risk rating platform. Tailored for local underwriting in motor, health, and life insurance, the platform will integrate with Indonesia’s telco-insurance ecosystem. The company is in […]

AM Best Affirms Credit Ratings of Popular Life Re

May 16, 2025

PLRe is a life reinsurance subsidiary of its ultimate parent, Popular, Inc., a publicly traded bank holding company based in Puerto Rico. Additionally, the company reinsures a portion of credit insurance policies on consumer loans that originated at Banco Popular de Puerto Rico, as well as personal accident and health policies underwritten by unaffiliated…

AM Best Affirms Credit Ratings of Ping An Property & Casualty Insurance Company of China, Ltd

May 16, 2025

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Ping An Property& Casualty Insurance Company of China, Ltd. The outlook of these Credit Ratings is stable. By the end of 2024, its C&S was RMB 136.7 billion, a 9.0% growth from the prior year.

AM Best to Speak and Sponsor at the Program Manager Conference & Awards 2025

May 16, 2025

AM Best Managing Director Greg Williams will join a panel discussion during The Insurer’ s upcoming Program Manager Conference and Awards on May 29, 2025, at Gotham Hall in New York City, NY. Williams oversees a team of analysts who are responsible for monitoring and evaluating companies that operate in the personal lines, commercial lines and life/annuity…

2025 STATUTORY FINANCIAL RESULTS – Q1

May 16, 2025

American Family Life Assurance Company of Columbus. OF THE CONDITION AND AFFAIRS OF THE. American Family Life Assurance Company of Columbus.

Proposed spending cuts loom over state

May 16, 2025

RICHMOND— Virginia would face big bills and tough choices if Congress adopts federal spending cuts GOP committees proposed this week that would shift the cost of food assistance to states, make it harder for people to get health care through Medicaid and cost them more to buy health insurance. A pair of Republican-controlled committees in the House of…

Big bills, tough choices: proposed federal cuts threaten Va.

May 16, 2025

Virginia would face big bills and tough choices if the Congress adopts federal spending cuts GOP committees proposed this week that would shift the cost of food assistance to states, make it harder for people to get health care through Medicaid and cost them more to buy health insurance. A pair of Republican-controlled committees in the House of…

'A STEP BACKWARD'

May 16, 2025

Virginia would face big bills and tough choices if the Congress adopts federal spending cuts GOP committees proposed this week that would shift the cost of food assistance to states, make it harder for people to get health care through Medicaid and cost them more to buy health insurance. A pair of Republican-controlled committees in the House of…

Iowa lawmakers pass bill banning Medicaid coverage for gender-affirming care

May 16, 2025

Kim Reynolds for her expected signature. The Iowa Senate on Wednesday passed House File 1049, a budget bill that appropriates $2.47 billion to the Iowa Department of Health and Human Services, including Iowa's Medicaid program, as well as the Department of Veterans Affairs for the upcoming budget year. Ann Meyer, R- Fort Dodge, the bill's floor manager.

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