Feb. 4— HARTFORD— CVS Health plans to cut later this year another 22 jobs connected to its offices in Hartford, adding to hundreds of previously announced layoffs affecting the hub. The elimination of those 22 positions tied to CVS' offices at 151 Farmington Ave., which includes the main offices of the company's Aetna health insurance business, will be carried out on…
Newswires
As the flames of California history's most damaging winter began to cool, decision times were about to arrive for tens of thousands of the state's newest homeless. Some evacuees had homes to return to; some did not. With insurance companies bringing claims adjusters from around the nation, many of them unfamiliar with California conditions, do they hire a public…
A Florida version of Bonnie and Clyde emerged in January when a brother and sister began robbing businesses together, but the results were more embarrassing than profitable, investigators say. “This brother and sister duo joined forces like Bonnie and Clyde and tried to rob Moncrief Bail Bonds, along with a juvenile! ”Sheriff Wayne Ivey said in a news release.
Date of Reporting Period: December 1, 2023- November 30, 2024. SRH Total RetuFund, Inc., acting pursuant to a Securities and Exchange Commission exemptive order and with the approval of the Fund's Board of Directors, has adopted a plan, consistent with its investment objectives and policies to support a level distribution of income, capital gains and/or retuof…
At least 40 Native American residents of sober living homes and treatment facilities in the Phoenix area died as state Medicaid officials struggled to respond to a massive fraud scheme that targeted Indigenous people with addictions. Patients continued to die even after Arizona officials in May 2023 announced a sweeping investigation of hundreds of…
U.S. job openings dropped to their lowest total in months in December, according to a Tuesday report from the Bureau of Labor Statistics. The monthly Job Openings and Labor Turnover Survey report– followed closely by the Federal Reserve for insights into possible tightening and loosening in the jobs market– showed that job openings decreased to 7.6 million in…
AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of“ a” to Eni Insurance S.p.A., a captive of Eni S.p.A., a multinational energy company based in Italy. On 1 February 2025, Eni’ s former captive, Eni Insurance Designated Activity Company, transferred its assets and liabilities to EIS, through a cross-border merger operation,…
Canadian Imperial Bank of Commerce. $3,154,000 Leveraged Barrier Notes Linked to the Worst Performing of the Invesco S&P 500 ® Equal Weight ETF and the SPDR ® S&P 500 ® ETF Trust due February 5, 2030. The notes will not constitute deposits insured by the Canada Deposit Insurance Corporation, the U.S. Federal Deposit Insurance Corporation, or any other…
With former President Donald Trump threatening 25% tariffs on Mexico and Canada, and the Federal Reserve holding interest rates steady, investors in Treasury ETFs are bracing for market shifts. These developments could drive significant movements in bond yields, affecting ETFs that track long-term U.S. government bonds. The expense ratio is 0.15%. Vanguard…
Achieving over 50% revenue growth YOY for the second year in a row; Successfully launching three new products; Opening a new office in India focused on engineering R&D, data analytics, data science, and operations, with a large business delivery team; and Bringing on Matt Fowler as the new Chief Distribution Officer.. In 2024 Ethos retained its leadership position…
Continuing to deliver a comprehensive workforce benefits product suite that meets the diverse needs of today’ s employers and their employees, Symetra Life Insurance Company today announced updates to its group accident coverage that include an expanded range of optional benefits designed to support parents, multigenerational households, first…
Legislators and grassroots groups are showing new muscle in the wake of Musk’s weekend usurpation of power. It needs to ramp up, and quickly. And the media needs to cover it. Employees and supporters gather to protest outside of the US Agency for International Development (USAID) headquarters on February 3, 2025, in Washington, D.C.
The missive appeared to herald a stark shift for the CFPB, a powerful agency formed in the wake of the 2008 banking crisis to protect consumers from unfair, deceptive or predatory financial practices. Party lawmakers have threatened for years to defund the CFPB or neuter its powers- and tech billionaire Elon Musk, who is advising Trump on his reconfiguration of…
Elon Musk previously called for the agency to be eliminated.
The banks that financed the purchase of X, formerly Twitter, will attempt to sell $3 billion in debt tied to Elon Musk’ s acquisition of the company this week. Morgan Stanley, Bank of America, Barclays, Société Générale and BNP Paribas provided $13 billion in financing in 2022. That year, the owner of Tesla and SpaceX bought the social network for $44 billion.
Feb. 4— The cost of car insurance premiums have increased nearly 30% in the past two years in the U.S., but Ohio drivers are being shielded somewhat from these skyrocketing prices, industry analysts say. "The last two and a half to three years have been challenging," said Dan Scroggins, vice president of personal lines insurance for AAA Club Alliance Inc..
Segal, a leading benefits and human resources consulting firm, today announced its acquisition of a book of business from the J.A. Mariano Agency, a commercial insurance brokerage. Robert J. Eberle, Jr. has joined Segal as an Insurance Consultant, reporting to McNally. Robert J. Eberle, III has joined as an Associate Consultant, reporting to Matt Jackson, Senior Vice…
2024 adjusted diluted EPS of $7.17, up 7% from $6.68 in 2023. Membership increases of 12% in Marketplace and 50% in Medicare PDP, compared to the fourth quarter of 2023. Executed on capital deployment with $3.0 billion of share repurchases in 2024. Increased 2025 premium and service revenues guidance by $4.0 billion driven by Medicaid revenue and better than…
Axcelus Financial has appointed Kimberly Gibson to the role of Senior Market Development Manager and Consultant for the company’ s Bermuda operations and Henry Komansky to the position of Group Compliance Officer for Axcelus’ U.S.- based parent company and Chief Risk Officer for the firm’ s Bermuda operations. She has more than twenty-five years of…
