—A Catholic priest’s denial of communion to Joe Biden in South Carolina on Sunday illustrates the fine line presidential candidates must walk as they talk about their faiths: balancing religious values with a campaign that asks them to choose a side in polarizing moral debates. The awkward moment for Biden came during a weekend campaign swing through South…
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Chemed Reports Third-Quarter 2019 Results
Chemed Corporation, which operates VITAS Healthcare Corporation, one of the nation’ s largest providers of end-of-life care, and Roto-Rooter, the nation’ s largest commercial and residential plumbing and drain cleaning services provider, reported financial results for its third quarter ended September 30, 2019, versus the comparable prior-year period, as…
FNF Reports Third Quarter 2019 Diluted EPS of $0.90 and Adjusted Diluted EPS of $1.10, Pre-Tax Title Margin of 17.7% and Adjusted Pre-Tax Title Margin of 18.6%
–Fidelity National Financial, Inc., a leading provider of title insurance and transaction services to the real estate and mortgage industries, today reported operating results for the three and nine-month periods ended September 30, 2019. Total revenue of approximately $2.2 billion in the third quarter versus $2.1 billion in the third quarter of 2018 Third…
AXIS Capital Reports Third Quarter Net Income of $28 Million, or $0.33 Per Diluted Common Share
PEMBROKE, Bermuda—- AXIS Capital Holdings Limited today reported net income available to common shareholders for the third quarter of 2019 of $28 million, or $0.33 per diluted common share, compared to net income of $43 million, or $0.52 per diluted common share, for the third quarter of 2018. For the nine months ended September 30, 2019, AXIS Capital reported…
RenaissanceRe Reports Third Quarter 2019 Net Income Available to Common Shareholders of $36.7 Million, or $0.83 Per Diluted Common Share; Operating Income Available to Common Shareholders of $13.0 Million, or $0.29 Per Diluted Common Share
PEMBROKE, Bermuda—- RenaissanceRe Holdings Ltd. today reported net income available to RenaissanceRe common shareholders of $36.7 million, or $0.83 per diluted common share, in the third quarter of 2019, compared to $32.7 million, or $0.82 per diluted common share, in the third quarter of 2018. Operating income available to RenaissanceRe common shareholders…
Arch Capital Group Ltd. Reports 2019 Third Quarter Results
PEMBROKE, Bermuda—- Arch Capital Group Ltd. announces its 2019 third quarter results. Net income available to Arch common shareholders of $382.1 million, or $0.92 per share, a 15.0% annualized return on average common equity, compared to $217.0 million, or $0.53 per share, for the 2018 third quarter; After-tax operating income available to Arch common…
AM Best Revises Issuer Credit Outlook to Positive for Upland Mutual Insurance, Inc.
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of“ bbb” of Upland Mutual Insurance, Inc.. The outlook of the FSR remains stable. The company maintains a limited business profile as a writer of personal property in Kansas.
BenaVest’s New Plan to Help Employers’ Part Timers With Obamacare During Employee Benefit Enrollment
–Employee Retention would be the main reason for having an ACA Agent on-site at an Employer’s Annual Employee Benefit Enrollment. Most Medium to Large Employers do not offer Health Insurance to their part-time employers. “It’s tricky when a consumer is trying to do it on their own because if they make one mistake on the subsidy application they can go from paying…
American Healthcare Investors Completed Acquisitions Totaling Nearly $100 Million During the Third Quarter 2019 on Behalf of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV
–American Healthcare Investors, the co-sponsor of Griffin-American Healthcare REIT III, Inc. and Griffin-American Healthcare REIT IV, Inc., announced today that the company completed the acquisition of five medical office buildings, one integrated senior health campus and one land parcel for an aggregate contract purchase price of approximately $99.5…
Great American Life To Further Simplify Advisory Fee Payments
Less than three months after receiving an IRS Private Letter Ruling that eases the taxation of advisory fees, Great American Life ® released a new endorsement that goes one step further to simplify the payment of advisory fees from an annuity. Plus, clients had to consider how the withdrawal would affect their annuity benefits,” says Tony Compton, Great…
AM Best Assigns Credit Ratings to LOTS Reassurance Company
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to LOTS Reassurance Company. LOTS Re is a Turks and Caicos-incorporated subsidiary of FFC, a U.S. insurance group specializing in credit and warranty business. In 2016, LOTS Re entered into an intercompany reinsurance agreement with other U.S. insurance…
National Western Life names Rey Perez as President and Chief Operating Officer
–Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. announced that Rey Perez will assume the role of President and Chief Operating Officer of National Western Life Insurance Company, a wholly owned subsidiary of NWLGI, effective January 1, 2020. Mr. Perez holds a Juris Doctor degree from the University…
EDUCATION: Graduated from St. Mary’s High School and Mount St. Clare College, both in Clinton, and is a 1978 graduate of the Indiana College of Mortuary Science in Indianapolis. COMMUNITY INVOLVEMENT: Vice chairman of Clinton County Emergency Management; Board Member of the Clinton County Communications Commission and Clinton County 911 Commission; member of…
Healthfirst Achieves 4-Star Rating (out of five stars) for Medicare Advantage Plans in 2020
Healthfirst, New York’s largest not-for-profit health insurer i, offers one of the top-rated Medicare Advantage plans in New York, having achieved a 4- Star rating by CMS for the year 2020. Healthfirst is very proud of achieving a 4- Star rating from the Centers for Medicare and Medicaid Services for quality care and service, and members will experience that…
Health Care Service Corporation Aims to Decrease Number of Uninsured Americans Through Be Covered Campaign
The campaign focuses on Illinois, Montana, New Mexico, Oklahoma, and Texas, where nearly 7 million people are uninsured, yet more than 60 percent qualify for Medicaid or are eligible for a federal insurance subsidy 1. “Our goal with Be Covered is to improve the health of the communities we serve by helping the uninsured and underinsured understand their options and…
Medecision acquires health delivery system transformation pioneer GSI Health
–Medecision, an integrated health management solutions provider that supports the health and care of more than 50 million consumers nationwide, has acquired Philadelphia- based GSI Health, a SaaS provider of workflow, engagement and compliance solutions and related services. Senior leaders responsible for finance, technology, account management and sales…
Charles E. Schumer, D- New York, issued the floor following statement, which was published in the Congressional Record on Oct. 28, on health insurance plans:. Another subject, later this week, Senate Democrats will again use their authority under the Congressional Review Act to force a crucial vote on the future of healthcare protections for Americans with…
AM Best Comments on Credit Ratings of NI Holdings, Inc. and Its Subsidiaries Following Its Announced Acquisition
AM Best has commented that the Credit Ratings of NI Holdings, Inc. remain unchanged following its recent announcement that it has agreed to purchase Westminster American Insurance Company. The ratings of Nodak Insurance Company and its wholly owned subsidiary, Battle Creek Mutual Insurance Company, and American West Insurance Company, a wholly owned,…
Farmers Insurance® Certified as a Great Place to Work®, Announces a Slate of New Family-Friendly Employee Benefits
–Farmers Insurance ® today announced its recertification as a great workplace by the independent analysts at Great Place to Work ®, a recognition based extensively on ratings provided by Farmers employees in anonymous surveys, with the majority or more than 81% rating the national insurer group as a great place to work. “As a leading insurance provider and…
