The surprise announcement by U.S. President Donald Trump to impose new tariffs on Mexico– an effort to stem illegal migration– shook world financial markets Friday, as all three major Wall Street indexes posted significant losses. Trump said Thursday the United States will impose a 5 percent tariff on all imports from Mexico.
May 31– May 31– In a class-action case involving health care benefits for 1,600 retired Macomb County workers– roughly 400 of whom have died since they filed the lawsuit in 2010– the Michigan Supreme Court ruled Thursday that the union contracts for the retirees don’t specifically promise “a vested right to lifetime and unalterable retirement health care…
AM Best Senior Managing Director Andrea Keenan will discuss the impact of microinsurance from a historical perspective, and what those past lessons mean for the future, at an international conference on Risk and the Insurance Business in History, which is scheduled for June 11-14, 2019, in Seville, Spain. The session is scheduled for Thurs., June 13, at 11:30 a.m..
May 31– May 31– U.S. Rep. Roger Marshall, R- Great Bend, said he considered trying to block a $19 billion disaster aid bill. Chip Roy, of Texas, and Thomas Massie, of Kentucky– thwarted the disaster aid bill passed earlier by the Senate and intended to help those affected by fires, flooding and hurricanes.
Maharashtra, India—- 05/31/2019– Retirement Communities Market. The Retirement Communities market Report provide in-depth analysis and the best research of the various market. The Major Players Covered in this Report: Rio Verde Community and Country Club, Covenant Shores, Solivita, The Clare, Del Webb at Lake Oconee, The Villages,…& More.
Maharashtra, India—- 05/31/2019– Home Health Care And Residential Nursing Care Services Market. Home Health Care And Residential Nursing Care Services Market are distinct types of care which are both provided in a home setting, but most people aren’t aware of the differences and use these terms interchangeably. The Major Players Covered in this Report:…
Officials say a levee along the Arkansas River has breached, prompting an evacuation of a rural area in the western part of the state. Officials say the levee breached early Friday at Dardanelle, about 60 miles northwest of Little Rock. Little Rock television station KATV reports that water was rushing through the levee Friday.
Ron DeSantis signed a package of property insurance reforms intended to reduce the number of lawsuits by repair contractors that convince homeowners to sign over benefits of their insurance claims, including the rights to invoice and sue their insurers. The lawsuits added untold millions of dollars to insurers’ cost of doing business, which the insurers…
First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the First American Loan Application Defect Index for April 2019, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage…
Starr Insurance Companies today announced the appointment of Andrew Hopper as Head of Financial Institutions for the UK and Europe. “Andrew brings more than 17 years of financial industry insurance experience on both the broker and carrier sides of the business,” said Liz Ilott, chief underwriting officer, Financial Lines, Starr Underwriting Agents Ltd.
The U.S. life/annuity industry’ s net income in the first quarter of 2019 rose sharply over the prior-year period, to $14.9 billion from $3.2 billion, due mainly to a significant decline in total expenses. According to the report, the L/A industry’ s total income for the first three months of 2019 declined slightly by 1.3% from the prior-year period.
The Arkansas Department of Insurance issued the following news:. Arkansas Insurance Commissioner Allen Kerr today released the following statement announcing a 60- day moratorium on the cancellation/non-renewal of policies for the non-payment of premiums by Arkansans affected by the flooding of the Arkansas River under Governor Hutchinson’s May 24…
May 31– May 31– PANAMA CITY– Telecommunications company Verizon has installed new equipment in Bay County to harden its network for hurricane season that starts on Saturday. Verizon officials say the improvements will help the company maintain cell phone services during and after a hurricane or at least shorten network restoration times.
Matt Bevin’s failed record on jobs, education and health care. The website acts as a digital clearinghouse for Kentuckians to learn about Matt Bevin’s failed record of stagnating economic growth, hurting public schools and decreasing access to health care. “As last week’s primary showed, even Republicans know Matt Bevin has been a terrible steward of…
The National Association of Professional Insurance Agents issued the following news release:. The National Association of Professional Insurance Agents is pleased that the House passed by unanimous consent S. 1693, a bill to extend the National Flood Insurance Program for a two-week period ending on June 14. The House is currently out of session, but it can…
Gretchen Whitmer, D- Michigan, issued the following news release:. Today Governor Gretchen Whitmer signed Senate Bill 1, which passed with overwhelming bipartisan support, to reform Michigan’s auto insurance system to guarantee lower rates for every Michigan driver, protect insurance coverage options, and strengthen consumer protections.
Janet Mills, D- Maine, issued the following news release:. Governor Janet Mills signed into law today legislation to ensure that insurance company medical reviews are conducted by medical professionals. LD 249, “An Act to Ensure Protection of Patients in Medical Reviews by Health Insurance Carriers” sponsored by Senator Geoff Gratwick, D- Bangor, was passed…
The Chartered Professional Accountants of Canada issued the following news release:. To help make that happen, Chartered Professional Accountants of Canada is marking Seniors Month with financial literacy sessions in communities across the country. CPA Canada sessions specifically designed for seniors include:.
Hiscox, an insurance provider, issued the following news release:. Hiscox, the specialist global insurer, has launched a new London Market cyber product- CyberClear365. These services range from tailored workshops to support the c-suite and risk management’s cyber security strategy, in-depth insight from a cyber exposure calculator, access to an online suite…
