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QBE first-half earnings point to ‘widespread positives’ in business: analysts – Corporate – Insurance News
QBE has posted a turnaround in first-half earnings, as the insurer achieved an adjusted cash profit after-tax of $US463 million ($628 million) following a $US666 million loss ($904 million) from a year earlier. Analysts see a number of positives from the results but they also cautioned the business may be in for a weaker second-half, citing risks from a number of directions such as higher North America crop claims from a severe heatwave in the US Midwest region. “We don’t think the second-half result will be as strong as the first-half,” Morningstar said in a research note. Morningstar says while
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Baker Tilly Expands in New York with Acquisition of Margolin, Winer & Evens | Business
NEW YORK–(BUSINESS WIRE)–Aug 9, 2021– Leading advisory CPA firm Baker Tilly US, LLP (Baker Tilly) announces its intent to acquire New York-based Margolin, Winer & Evens LLP (MWE), one of the largest regional accounting and business advisory firms in the Northeast. The combination will be effective Nov. 1, 2021. MWE has been serving New York clients and the greater metro area for 75 years. Their industry expertise in real estate, manufacturing and distribution is a great match with Baker Tilly’s national practices and local teams. “Metro New York is a strategic market for Baker Tilly positioned for continued growth and
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Oklahoma Is the Most Expensive State for Tiny Home Insurance
The cost to insure a tiny house in Oklahoma is $1,974 a year. Compared to the average rate across the 50 states and the District of Columbia, tiny home insurance in Oklahoma is 242% more expensive. Insurance alone for a tiny home costs Oklahomans 4% of their household incomes. Even in Oklahoma, the cost to insure a 2,100-square-foot home is 68% more expensive than it is to buy coverage for a tiny house. This pattern holds in the other states where insuring tiny homes is most expensive. Following Oklahoma, Tennessee, Kansas, Texas and Colorado are the least affordable places to
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State Senators Protest Health Insurance Rate Hikes In CT
CONNECTICUT — Two state senators have submitted testimony to the Connecticut Insurance Department opposing proposed health insurance rate hikes now being reviewed and considered by state regulators. Senate Republican Leader Kevin Kelly (21st District) and State Senator Tony Hwang (28th District), ranking member of the Insurance & Real Estate Committee, delivered their proposition to Commissioner Andrew N. Mais on Monday. The lawmakers also renewed their calls for health care affordability reforms blocked during this year’s legislative session. “Connecticut residents cannot afford more expensive health care costs,” said Sens. Kelly and Hwang, in a statement released Monday. “Cost growth is
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Here are the companies mandating vaccines for all or some employees
As the highly contagious delta variant of the coronavirus continues to strike communities nationwide, companies are stepping up their vaccine requirements, mandating that some or all employees get vaccinated or provide proof of vaccination. After the Food and Drug Administration granted full approval to Pfizer’s Covid vaccine on Monday, more companies are expected to mandate that employees be vaccinated. Here is a list of the companies who have already announced their vaccination plans: Amtrak The railroad service is requiring all of its 17,500 employees to be fully vaccinated by Nov. 1 or submit to weekly Covid testing, CEO Bill Flynn
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NetCredit Personal Loans: 2021 Review
Editorial Independence We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money. NetCredit, owned by Enova International, Inc., is a Chicago-based online lender that offers personal loans for all credit profiles, including people with poor credit. In certain states, NetCredit partners with Republic Bank & Trust Company, with the bank underwriting and approving loans while NetCredit services them. NetCredit’s products have high annual percentage rates (APRs) and
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Atara Biotherapeutics Announces Second Quarter 2021 Financial Results and Operational Progress | Business
SOUTH SAN FRANCISCO, Calif.–(BUSINESS WIRE)–Aug 9, 2021– Atara Biotherapeutics, Inc. (Nasdaq: ATRA), a pioneer in T-cell immunotherapy, leveraging its novel allogeneic EBV T-cell platform to develop transformative therapies for patients with cancer and autoimmune diseases, today reported financial results for the second quarter 2021, recent business highlights and key catalysts over the next several months. “We are very pleased with the progress achieved across all of our programs and important clinical updates across our full pipeline, which will enable us to deliver on key value drivers through the rest of this year and into 2022,” said Pascal Touchon, President and
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P4G Capital Management Announces the Addition of Jon Van Tuin, Managing Director and Head of Business Development
Mr. Van Tuin has extensive experience and a successful track record of investing in lower middle-market companies, having completed over 35 control-oriented equity transactions during his 27-year career in private equity. Jon’s experience spans all aspects of the investment life cycle, including sourcing, due diligence, negotiations, deal structuring and portfolio company management. “We’re delighted to have Jon join the P4G family as we continue to expand our offering to lower middle-market firms and family businesses. Upon meeting Jon we knew instantly that he was an executive who shared our DNA of partnership, our commitment to transparency and our devotion to
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