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A.M. Best has affirmed the financial strength rating of B++ and the issuer credit rating of“ bbb” of Solidarity General Takaful BSC (c). The ratings of SGT reflect its adequate level of risk-adjusted capitalisation and niche market profile as a takaful operator in Bahrain. SGT’ s risk-adjusted capitalisation is measured on a consolidated basis given the strength…

The two words are ominous, frightening, final. As a medical diagnosis, brain death is relatively straightforward, determined by standardized tests widely accepted by doctors and hospitals across the country since the early 1980 s. “It’s always been a persistent problem,” said Arthur Caplan, director of medical ethics for the New York University School of…

Flood Threat in Houston is One Faced Around the World. A group of west Houston residents filed a lawsuit May 25 against the city over commercial development projects they allege were approved without requiring measures to deal with storm water. Houston is one of the least-dense cities in the world, but U.S. Census figures show the city and its surrounding area is…

Mr. Miller, who is based out of Bruderman’s flagship New York City office, will be working with existing as well as new family office clients, as well as the firm’s trust and estate planning team to coordinate resources and investment management capabilities for families with complex financial needs. Previously, Mr. Miller held senior management positions at…

Congressman Pat Tiberi released the following statement regarding the collapse of Ohio’s co-op health plan:. Pat Tiberi chairs the Ways and Means Subcommittee on Health. Task Force on Health Care Reform Releases Mission Statement- See more at: http://www.speaker.gov/press-release/task-force-health-care-reform-mission-statement#…

May 27– What is it with Florida and insurance companies? After multiple hurricanes battered the state and caused billions of dollars in damage more than a decade ago, property insurers fled Florida, leaving a majority of homeowners, especially new homeowners, with no coverage option but a taxpayer-backed entity created by the Legislature.

The Hanover Insurance Group, a leading provider of property and casualty insurance products and services nationwide, recently honored Brunswick Companies with an appointment to its President’s Club, an elite group of independent insurance agencies from across the country. This is the fourth consecutive year Brunswick Companies has been honored with its…

May 27– PROVIDENCE, R.I.– The House of Representatives on Thursday overwhelmingly passed legislation to expand health insurance coverage for off-label use of prescription medications for disabling and life-threatening chronic diseases. Patricia L. Morgan, R- West Warwick, cast the sole no vote. K. Joseph Shekarchi, D- Warwick, would prohibit health insurers from…

May 27– Marrone Bio Innovations Inc. is paying shareholders $12 million to settle a series of lawsuits filed over a 2- year-old accounting scandal, but the Davis biotech company could continue to face significant financial difficulties. In a filing in U.S. District Court in Sacramento, a lawyer for the shareholders said the plaintiffs accepted the settlement…

May 26– Government and private sector consumer advocates are calling on a state regulator to reject a proposal by Texas Farm Bureau’s insurance division to allow the company to require customers to go to arbitration over policy disputes. Deeia Beck, head of the state’s Office of Public Insurance Counsel, wrote this week to David Mattax, the state commissioner…

May 26– Two months into the $5 billion handover of the state-run Medicaid program to private managed care, several small providers in Cedar Rapids have run into snags affecting their bottom lines. Transportation services work a little differently than with other Medicaid providers. Under the state-run, fee-for-service Medicaid program, Iowa worked with…

May 27– SAN ANTONIO, Texas– Raymond Carter may have had a set bedtime, but fortunately for his San Antonio, Texas, family, the 15- year-old boy didn’t adhere to it. KENS reported that Raymond Carter, 15, was awake at midnight on May 16 when a fire broke out at the family’s home. “I’m very proud of my son,” Rasheena Carter, his mother, told KENS.

Mr. Clement served longer than anyone else– 30 years– on the Durham City Council, from 1983 to 2013.. During the civil rights era, Mr. Clement helped to integrate the Carolina Theatre, marched on Washington where he witnessed Martin Luther King Jr.’ s “I Have a Dream” speech in 1963 and contributed to the formation of the Black Solidarity Committee for Community…

According to the insurers’ filings with regulators, large plans in states including New York, Pennsylvania and Georgia are seeking to raise rates by 20% or more. In states such as Florida and Maryland, insurers are seeking to raise premiums by percentage averages that are markedly above 10%. ARKANSAS: ” Arkansas’ largest health insurer has proposed a 14.7 percent…

ARLINGTON, Va., May 26, 2016/ PRNewswire-USNewswire/– Today, the National Alliance on Mental Illness joined with mental health advocates on Capitol Hill and presented petitions with 200,000 signatures calling for a vote on S. 2680, the Mental Health Reform Act of 2016. The 200,000 signatures were collected by NAMI, Sandy Hook Promise, the American Foundation for…

Harken Health Insurance Company, an independent subsidiary of UnitedHealth Group, the nation’s largest health insurer, said it will sell coverage for 2017 on the ACA exchange in Miami-Dade and Broward counties using a managed-care model that includes a network of primary-care clinics and personal counselors to guide members through the healthcare…

Here are two workable solutions to protect the accumulated assets or inheritances from the costs of LTC before Medicaid benefits become available. One is the use of Medicaid qualified annuities to protect accumulated assets and the other is using a will to protect inheritances. MQAs could be an alternative for spouses who have accumulated assets and don’ t…