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Maryland man sentenced to 41 months in prison for $2M COVID-19 fraud

December 15, 2023

The U.S. Attorney for the District of New Jersey, Philip R. Sellinger, issued the following news release on Dec. 14, 2023:. A Maryland man was sentenced today to 41 months in prison for illegally obtaining more than $2 million in COVID-19 relief funds, U.S. Attorney Philip R. Sellinger announced today. -U.S. Attorney Philip R. Sellinger.

Massachusetts orthopedic surgeon convicted of health care fraud

December 15, 2023

The office of the U.S. Attorney for the District of Massachusetts issued the following news release:. "Dr. Oladipo is no longer just one of the top prescribers of highly addictive opioids in Massachusetts– he is now a convicted felon–for cheating federally funded health care programs, taxpayers, and patients, for work he did not do," said Jodi Cohen, Special Agent in…

Brooklyn cardiologist charged with health care fraud and bribery

December 15, 2023

The U.S. Attorney for the Southern District of New York, Damian Williams, issued the following news release on Dec. 14, 2023:. Damian Williams, the United States Attorney for the Southern District of New York, Naomi Gruchacz, the Special Agent in Charge of the New York Regional Office of the U.S. Department of Health and Human Services- Office of the Inspector General,…

Major health insurance company faces disturbing allegations of 'fraudulent scheme'

December 15, 2023

Health insurance company Humana is being accused of allegedly wrongfully denying care to elderly patients, who are enrolled in Medicare Advantage Plans, using an augmented intelligence model "to override" physicians' orders on "necessary care patients require," according to a new lawsuit. The lawsuit, filed by two Humana Medicare Advantage Plan customers on…

Kan. Gov. Kelly unveils middle-of-the-road Medicaid expansion legislation

December 15, 2023

Laura Kelly, D- Kansas, issued the following news on Dec. 14, 2023:. Today at Holton Hospital, Governor Laura Kelly unveiled the Cutting Healthcare Costs for All Kansans Act to expand Medicaid, a state and federal health insurance program, to an estimated 150,000 Kansans at no additional cost to state taxpayers. The year, we're going a step further to meet Republicans…

EKU Earns KEMI Destiny Award for Workplace Safety for Fifth Consecutive Year

December 15, 2023

Eastern Kentucky University issued the following story:. Eastern Kentucky University earned the Kentucky Employers' Mutual Insurance Destiny Award for workplace safety for the fifth consecutive year. As one of only 25 OSHA training centers in the United States, EKU will continue to expand workplace safety and seek out ways to keep our campus community safe. "

No quorum to renew AC property insurance by Friday

December 15, 2023

ATLANTIC CITY— Five City Council members who are critics of Mayor Marty Small Sr.' s administration did not show up for a special meeting Wednesday night to renew the city's property insurance before the deadline of Dec. 15. "It will be up to the state now," city spokesperson Andrew Kramer said in response to texted questions after council attorney Robert Tarver told…

Insurers agree: Reforms sparked ‘phenomenal’ improvement in Florida market

December 15, 2023

The stewards of Florida "s property insurance industry refused to tamp down their enthusiasm at the Florida Chamber Insurance Summit in Orlando on Thursday. Recent legislative reforms are driving down lawsuits— the wildcard of risk modeling— and enticing more reinsurance capital and new insurance companies into the state, many said. And in recent years,…

Material Event – Form 8-K

December 15, 2023

Jackson Financial Inc. has actively pursued methods to moderate the impact of the cash surrender value floor on the statutory capital and risk-based capital ratio of our primary life insurance subsidiary, Jackson National Life Insurance Company. On December 14, 2023, Jackson received initial approval from the Michigan Department of Insurance and…

Rising education spending driven by state-level problems that need state-level solutions

December 15, 2023

BY ERIN BRADY, REBECCA HOLCOMBE AND. As one superintendent told the Valley News, many of the factors behind growing school budgets are out of the control of boards, including skyrocketing health insurance costs, our housing crisis, and cost-shifting from state to local budgets for a host of human services. Here are a few ways Governor Scott could meaningfully…

MATERIAL CHANGE REPORT – Form 6-K

December 15, 2023

Sun Life announced that Manjit Singh, who is currently Sun Life's Executive Vice-President and Chief Financial Officer, will be appointed as President of Sun Life Asia effective March 18, 2024. TORONTO, ON- December 11, 2023- Kevin Strain, President and Chief Executive Officer of Sun Life Financial Inc. today announced Manjit Singh will become the new…

No quorum to renew AC property insurance by Friday No quorum to renew Atlantic City property insurance by deadline Friday

December 15, 2023

ATLANTIC CITY- Five City Council members who are critics of Mayor Marty Small Sr.' s administration did not show up for a special meeting Wednesday night to renew the city's property insurance before the deadline of Dec. 15. "It will be up to the state now," city spokesperson Andrew Kramer said in response to texted questions after council attorney Robert Tarver told…

Ping An Receives Hong Kong ESG Excellence Awards 2023

December 15, 2023

HONG KONG and SHANGHAI, Dec. 15, 2023/ PRNewswire/– Ping An Insurance Company of China, Ltd. has won the ESG Excellence Awards 2023 in the category of Main Board Companies– Hang Seng Index Constituent Companies. The ESG Excellence Awards 2023 was co-organized by The Chamber of Hong Kong Listed Companies and the Centre for Corporate Governance and Financial Policy…

Earnings Document

December 15, 2023

Munich Re announces profit target of €5 bn for 2024. Thanks to consistently good operational performance in all business segments, Munich Re is aiming for a net profit of €5 bn in 2024. In its reinsurance field of business, Munich Re anticipates an expansion of insurance revenue to €39 bn and a net profit of €4.2 bn in 2024.

December 15, 2023

December 15, 2023

Thanks to consistently good operational performance in all business segments, Munich Re is aiming for a net profit of €5 bn in 2024. In its reinsurance field of business, Munich Re anticipates an expansion of insurance revenue to €39 bn and a net profit of €4.2 bn in 2024. In an ongoing favourable market environment, Munich Re will continue to leverage its…

Remarks by Under Secretary for Domestic Finance Nellie Liang at the Brookings Institution

December 14, 2023

Among many important reforms, the Act created the Financial Stability Oversight Council to identify risks to U.S. financial stability, and established the Office of Financial Research to support the Council and member agencies in collecting and standardizing data collections. In my remarks today, I will talk about how Treasury, with FSOC and OFR, have been…

Statement from Aflac Incorporated and Trupanion Confirming Commitment to Strategic Alliance in North America

December 14, 2023

"Since the establishment of a strategic business alliance in November 2020, Aflac Incorporated and Trupanion have shared a common belief that employers should consider a package of benefits for their employees to address the increasing number of consumers whose pets are a vital part of their families. Aflac Incorporated's $200 million investment in…

Statement from Aflac Incorporated and Trupanion Confirming Commitment to Strategic Alliance in North America

December 14, 2023

–“Since the establishment of a strategic business alliance in November 2020, Aflac Incorporated and Trupanion have shared a common belief that employers should consider a package of benefits for their employees to address the increasing number of consumers who se pets are a vital part of their families. Together, we have launched a suite of high-quality pet…

A (very) last-minute guide to buying health insurance in Colorado

December 14, 2023

The deadline to select a plan that will kick in Jan. 1 is Friday— Dec. 15. If you are stuck in the throes of insurance indecision, do not fret, for we at The Sun have you, uh, covered. "If you have a doctor that's important to you, you want to make sure that they're in the network of the plan that you're going to be choosing," said Michael Conway, Colorado's insurance commissioner.

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