ParkerVision Inc., which has no products on the market, reported a rare annual profit because of proceeds from a lawsuit settlement in early 2023.. The Jacksonville- based developer of wireless technology said March 21 it ended 2023 with net income of $9.5 million, or 8 cents per share. ParkerVision never revealed details of the settlement but the agreement…
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Madison company sues MassMutual over alleged $3 million loss in retirement fund
NeuGen, a Madison-based spinoff of WEA Trust, on Wednesday sued Massachusetts- based MassMutual, alleging nearly 300 former NeuGen employees lost $3 million when MassMutual terminated a retirement fund after NeuGen announced layoffs in 2022.. NeuGen was started in 2018 by WEA Trust, the insurance company created by the Wisconsin Education Association…
The Biden administration announced on Thursday a new rule to crack down on so-called "junk" health insurance where companies provide inexpensive healthcare coverage from plans that provide few services. "As the president has said, people hate being played for suckers and the current practice of offering low-quality insurance that people pay into, but then…
Roberts Lee, president of Meadors, Adams& Lee Insurance Inc., urged lawmakers to make a decision soon during its presentation to the Arkansas Legislative Council's executive subcommittee. Most school districts in the state are insured either through a program managed by the Arkansas School Boards Association or a separate program managed by the state…
Apartment building insurance has gone up 20 percent every year for the last two years. "Insurance is skyrocketing, umbrella insurance, all types of insurance is skyrocketing," said John Simone, managing director at Brownstone Agency. "And that is due to a lot of reinsurance problems that are going on right now.
The city of Fernandina Beach participates in FEMA's National Flood Insurance Program, which provides flood insurance access to property owners, renters and businesses of participating communities. The new rating is based on the efforts of city staff and its Program for Public Information Committee members, including realtors, insurance agents, mortgage…
A plan by state Senate Democrats and some Republicans to fully expand Medicaid coverage in Georgia was shot down by the narrowest margin- a tie vote in a Senate committee. David Lucas, D- Macon, working with Sen. Matt Brass, R- Newnan, brought a proposal to expand Georgia's Medicaid program through a waiver the state would seek from the federal Centers for Medicare and…
ZURICH, March 28, 2024/ PRNewswire/– Chubb Limited will hold its first quarter earnings conference call on Wednesday, April 24, 2024, at 8:30 a.m. Eastern. The company expects to issue its first quarter earnings release and financial supplement after the market closes on Tuesday, April 23, 2024. These documents will be available on the company's investor…
JACKSON, Miss.– Mississippi Secretary of State Michael Watson and the Securities Division of his office issued a Summary Cease and Desist Order against BlackRock, Inc.. BlackRock provides exchange-traded funds, or pooled investments categorized as securities, and currently manages over $9 trillion in investments through 70 offices in 30 countries.
Board considers medical coverage for retired K9s Stafford considers medical coverage for retired K9s
When police or fire dogs retire from service in Stafford County, they go to live with their handlers who are responsible for providing everything the canines need, including medical care. Stafford County officials may change that to make sure employees, "not just in a human form but in the animal form," get the treatment they deserve, said Board of Supervisors…
On Thursday, 2 May 2024 at 10:30am. Annual General Meeting of Aviva plc. I am pleased to share with you the arrangements for this year's AGM which will be held at 10:30am on Thursday, 2 May 2024 at York Racecourse, Knavesmire Road, York YO23 1 EX.
–Cheche Group Inc., China's leading auto insurance technology platform, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Net revenue s for the quarter increased 12.1% year-over-year to RMB867.8 million, while net revenues for the full year of 2023 increased 23.2% over the prior year to RMB3.3…
President Joe Biden on Thursday announced new steps to protect consumers who buy short-term health insurance plans that critics say amount to junk. The White House said the rule is part of Biden's efforts to reduce costs for consumers, which he has been promoting extensively as he seeks reelection in November. “The president really believes the American…
San Mateo, March 28– Guidewire announces Jasper, its latest release, which boosts commercial lines agility for P&C insurers with support for layered coinsurance, schedule import, and a new U.S. Bureau Content Solution. *Additionally, expanded HazardHub data for Canada gives insurers deeper property risk insights for underwriting precision.
Guidewire announces Jasper, its latest release, which boosts commercial lines agility for P&C insurers with support for layered coinsurance, schedule import, and a new U.S. Bureau Content Solution. *Additionally, expanded HazardHub data for Canada gives insurers deeper property risk insights for underwriting precision. Layered coinsurance reduces risk…
Guidewire Jasper Release Boosts Commercial Lines Agility for P&C Insurers and Strengthens Functionality Across Entire Product Portfolio Guidewire Jasper Release Boosts Commercial Lines Agility for P&C Insurers and Strengthens Functionality Across Entire Product Portfolio Guidewire announces Jasper, its latest release, which boosts commercial…
–SBI Life Insurance, one of the most trusted private life insurers in the country, along with Lucknow Super Giants, inaugurated the spectacular' larger-than-life' helmet installation at the Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium, the team's home ground in Lucknow. Capturing the attention of cricket enthusiasts, the unique structure aims…
As India's automotive industry continues its rapid growth, the need for comprehensive car insurance is becoming increasingly important. According to a recent report, India's car insurance penetration was only 3.76% in 2019 compared to 5% in 2016. However, penetration is steadily rising with more players like Royal Sundaram offering innovative products…
BROOKFIELD, NEWS, March 27, 2024– Brookfield Reinsurance announced today the filing of its 2023 annual report, including audited financial statements for the year ended December 31, 2023, on Form 20- F with the SEC on EDGAR as well as with Canadian securities regulatory authorities on SEDAR.. These documents are available at bnre.brookfield.com, on SEC’ s…
