Floridaâs new insurance law will hurt home owners | Column
The hastily drafted law seems to create new requirements and roadblocks for policyholders with legitimate claims to get paid.
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The Florida Legislature passed restrictions that will make it harder for roofing companies to force insurers to pay for your new roof.
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Floridaâs new property insurance legislation does not lower rates, encourages insurance companies to delay and underpay claims and makes it much more expensive for Florida seniors and businesses to force wrongful acting insurance companies to pay what is owed.
While Floridaâs lawmakers and the governor certainly want to lower insurance costs, stabilize the insurance market and enhance consumer protections so that Floridaâs policyholders can count on prompt and full payment following catastrophes, SB 76 does none of these things.
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For executives planning to reopen offices in the coming months, Thursday was a doozy of a news day: The Centers for Disease Control and Prevention unexpectedly issued new mask rules, and Delta became the first major U.S. company to require the coronavirus vaccine for new employees.
The Covid-19 precautions companies must take to keep their workers safe can seem like a moving target.
Here’s what we do know: Generally, employers are allowed to require employees to be vaccinated. The Equal Employment Opportunity Commission issued guidance in December stating that vaccine mandates are legal. But this is complicated by proposed legislation in a number of states that would restrict companies’ abilities to set such requirements, and it may be further complicated by the fact that all the vaccines only have conditional approval for emergency use. Pfizer and BioNTech recently applied for full approval for their vaccine, but the process is likely to take months.
14.05.2021 - GREENWICH, Conn., May 13, 2021 (GLOBE NEWSWIRE) - Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQL) (NasdaqGS: OXSQZ) (the “Company”) today announced that it has priced an underwritten public offering of $70 million in aggregate . Seite 1
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Whole Health is the only independent pharmacy on Cape Cod, an increasingly rare type of business that a study released last month indicates has been facing an uphill fight in a David vs. Goliath battle.
The study by the Massachusetts Independent Pharmacists Association concluded that reimbursement to the state s independent pharmacies was inadequate. Loopholes in the overall Massachusetts Managed Care Program, mandatory steering of customers to mail-order specialty pharmacies, low dispensing fees and retroactive discounts have put independent pharmacies in a financial bind, according to the study.
Furthermore, it found that taxpayers were overcharged an estimated $25 million for MassHealth Managed Care claims from 2018-19.
Kroll Bond Rating Agency UK Limited: KBRA Affirms the Ratings for Zinnia Finance DAC
Kroll Bond Rating Agency UK Limited (KBRA) affirms the ratings for five classes of notes issued by Zinnia Finance DAC. Since the transaction closed, the rated notes have received timely distributions of interest payments.
Zinnia Finance DAC is a CLO managed by Redding Ridge Asset Management (UK) LLC (RRAM UK or the collateral manager). The CLO has a remaining two-year reinvestment period. The ratings reflect current credit enhancement levels, excess spread, coverage tests including par value and interest coverage tests, and a reinvestment overcollateralisation test.
The collateral in Zinnia Finance DAC mainly consists of broadly syndicated leveraged loans issued by corporate obligors diversified across sectors. As of the most recent trustee report, the aggregate principal balance of the collateral obligations is €312.7 million, however this amount includes a principal proceeds negative balance