The company said the following resolutions were approved by the investors in the North American Mid Cap Fund at today's special meeting:- To transition the Fund from a North American equity fund to a Canadian equity fund- To rename the Fund to Mid Cap Canada Fund- To revise the asset allocation guidelines for the fund, which now include: o Canadian stocks, from 70…
Newswires
The Cincinnati Specialty Underwriters Insurance Company has earned a 2015 Stakeholder Team Accomplishment Recognition Award from Demotech for its operating results in 2014.. The Cincinnati Specialty Underwriters Insurance Company was one of only two carriers in the Regional Company Classification category to earn a 2015 STAR award.
June 26– In the wildly blunt back-and-forth between Cigna and Anthem over their would-be $47 billion merger, the clash of CEOs drew headlines, but the heart of the issue is efficiency in the health system– as it is with the reportedly imminent deal between Aetna and Humana. It might seem as though 14 million customers, representing more than 20 million covered…
June 27– Jennifer Good felt compelled to show me letters mailed to her from U.S. Pete Visclosky complete with the congressman's signature on each one. “He made a tremendous difference in my son's life, and my family's life,” said Good, of Portage, who met Visclosky, D- Merrillville, at a city hall meeting earlier this year.
June 27– The Elkhart city police department is searching for a suspect in a June 20 shooting on Fifth Street in Elkhart. According to the LaGrange County Sheriff's Department, Christopher Strong, 48, Strugis, Michigan was westbound on U.S. 20 in a 2004 Ford Taurus when his vehicle was struck by the runaway horse and buggy. –Staff at the Elkhart County Work Release…
Opposition came shortly after the GOP- controlled Senate, led by Senate President Keith Faber of Celina, inserted 66 lines that would dramatically alter the way Ohio's insurance laws have stood for more than a decade. House Insurance Committee Chairman Bob Hackett, R- London, said Faber and Senate Finance Committee Chairman Scott Oelslager, R- Canton, insisted…
–Meadowbrook Insurance Group, Inc. announces that on June 25, 2015, Fosun International Limited has received the required approval from the California Department of Insurance regarding the acquisition of control of Meadowbrook's insurance company subsidiaries commercially domiciled in the state of California, which include Star Insurance Company,…
Maggie Hassan's veto of the Republican-crafted budget on Thursday, with both sides deadlocked over proposed business tax cuts and the future of Medicaid. “When I made this decision, which I didn't do lightly, what I really stepped back to think about was the progress we've made over the last two years and the progress we need to continue to make so that we are a…
Fitch Ratings has assigned an' AA-' rating to the approximately $100,000,000 Oregon Health and Science University revenue bonds series 2015 C. In addition, Fitch has upgraded the rating on OHSU's outstanding debt to' AA-' from' A+', as listed at the end of the press release. The Rating Outlook is revised to Stable from Positive. The bonds are expected to price the week of…
WASHINGTON- Congressman Rob Wittman released the following statement regarding the Supreme Court's decision in King v. “Health care reform has been a priority of mine since I was elected to Congress. One of my first outreach efforts in Congress was to create an advisory council of health care professionals interested in promoting innovative ways to address…
June 23– Several Grayson County fire departments provided the Fiscal Court with the necessary paperwork to begin placing their optional fire dues on residents' county tax bills beginning next year. The Caneyville Volunteer Fire Department was the only one out fo seven local departments which chose not to participate. Starting next year, a $40 membership fee…
EVENT: The Alliance for Health Reform holds a briefing on “The Affordable Care Act: Experiences in Health Care Coverage and Access.” PARTICIPANTS: Tim Jost, professor at Washington and Lee University School of Law; Peter Lee, executive director of Covered California; Brian Webb, manager of health policy and legislation at the National Association of Insurance…
Insurance Commissioner Laura Cali on Thursday signed an order approving the sale of Trillium Community Health Plan to Centene Corp. for $80 million, plus other payments. The total purchase price could be as high as $130 million, depending on the size of the dividend paid to the 217 shareholders of Trillium's parent company, Agate Resources, before the sale to…
SUMMARY: In compliance with the Paperwork Reduction Act of 1995, this notice announces that the Veterans Benefits Administration, Department of Veterans Affairs, will submit the collection of information abstracted below to the Office of Management and Budget for review and comment. ADDRESSES: Submit written comments on the collection of information…
Despite two justices appointed by Republican presidents joining the majority decision, the state's GOP roundly condemned the ruling. Penning the majority opinion, Chief Justice John Roberts wrote, ” Congress passed the Affordable Care Act to improve health insurance markets, not to destroy them.” If the Supreme Court had ruled against the tax credits, tens of…
AGENCY: Internal Revenue Service, Treasury. ADDRESSES: Send submissions to: CC: PA: LPD: PR, room 5203, Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Washington, DC 20044. Submissions may be handdelivered Monday through Friday between the hours of 8 a.m. and 4 p.m. to CC: PA: LPD: PR, Courier's Desk, Internal Revenue Service, 1111 Constitution Avenue NW.,…
“We think it is important to offer events like this for our clients and other nonprofits in our community,” said Caitlin Ryan, MBA, a leader of the Social Service- Behavioral Health Practice. “It is invaluable to have opportunities to meet and connect with new people who are peers and are facing the same opportunities and challenges as I am,” James Trusdell, Vice…
June 26– VALPARAISO– Susan Mowbray was outside doing yard work Thursday when she got the call that the U.S. Supreme Court had once again upheld Obamacare. “I'm truly relieved,” said Mowbray, a 63- year-old retiree who lives in Valparaiso. But those subsidies have been in doubt ever since the Supreme Court decided to hear a challenge claiming that the credits were only…
A.M. Best has placed under review with negative implications the financial strength rating of A- and the issuer credit rating of“ a-” of Maiden Specialty Insurance Company. The rating action follows the recent announcement that MSIC’ s parent, Maiden Holdings, Ltd., has entered into a definitive agreement with Clear Blue Financial Holdings, LLC, under which Clear…