• Insurance

    Health insurance companies in R.I. request steep rate hikes for 2022

    PROVIDENCE — Health insurance companies in Rhode Island are asking the state to approve steep rate increases that would begin in 2022. The Office of the Health Insurance Commissioner released Monday afternoon the individual, small, and large group market premium rates requested by the state’s insurers. Requested rate increases ranged from less than 3 percent to nearly 20 percent. “I am concerned by many of the requested premium increases,” said state Health Insurance Commissioner Patrick M. Tigue. “Recently, health insurers have generated substantial profits as a result of the reduction in medical services experienced during the coronavirus disease 2019 public  

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  • Business Accounting

    Why internal controls over financial reporting matter for private companies

    Why should private companies care about internal controls? These are the relevant controls each company should have in place to reasonably ensure their financial data is complete and accurate. The thoughtful development of a formalized internal control framework designed to address the processes deemed to be most vulnerable to misstatement or fraud can help with effective management of risk associated with it. Investors are increasingly demanding more frequent financial data, taking more of management’s time and focus from their day-to-day operations and normal processes. This data can allow investors to properly assess the performance of a company and guide their  

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  • Business Analysts

    Analysts turn cautious on Adani Group companies, suggest cutting exposure

    Concerns had shot up on shares of Adani Group stocks after a report by Bloomberg last week showed signs of concentrated holdings in group share companies by select foreign portfolio investors (FPIs). Matters got worse when National Securities Depositories Limited (NSDL) froze the account of three of these FPIs, holding shares worth Rs 43,500 crore in four of the six group companies, turning the Street cautious on these stocks. Shares of all six companies – Adani Enterprises, Adani Green Energy, Adani Ports, Adani Power, Adani Total Gas and Adani Transmission – hit their respective lower  

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  • Home Insurance

    Best Cheap Homeowners Insurance Companies of 2021

    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. Owning a home can get expensive fast. In addition to your mortgage, you’ll have to pay property taxes and utility bills — and, to protect that substantial investment,  homeowners insurance as well. But there are ways to save money on the latter.  Most mortgage lenders require you to have homeowners insurance policies for as long as  

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  • Business Analysts

    Top 5 SaaS Solution Development Companies in the World: Saigon Technology Is Featured by The Vietnam Software Industry Insights

    HO CHI MINH CITY, Vietnam–(BUSINESS WIRE)–Vietnam Software Development Industry Insights has helped more than 800 startups and enterprises find the right software development outsourcing companies in Vietnam. The following article shows 5 SaaS companies in the world which are certified by customers who have used their services and reviews from reputable sites such as Tech Times (they’ve listed out the top software outsourcing companies), Tech Reviewer, The Vietnam Software Association, Clutch and Goodfirms. Software as a Service or SaaS is a new trend in the software development industry. But, it is  

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  • Business Analysts

    Limited coverage: Few analysts track Adani group companies, shows data

    The coverage of Adani group among analysts is currently lower than that of other industrial groups. An analysis of available Bloomberg data on coverage shows that it is a single-digit number for every Adani group company except for Adani Ports, which has 26 analysts covering it. ALSO READ: Adani stocks among most expensive on bourses: Check details here The Adani group has five listed entities, and the median number of analysts covering the group is one, lower than that of other large groups. The Tata group has  

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  • Financial Management

    FourQ Establishes Global Partner Program to Streamline Intercompany Financial Management Efforts of Multinational Companies

    WESTPORT, Conn. — FourQ launched today a global partner program designed to drive collaboration and engagement with technology providers, consulting firms, and professional services firms. The partner program, developed in response to increased demand for intercompany financial management (IFM), will promote and develop joint best-in-class intercompany solutions in areas of tax, billing, vendor payments, and financial transformation. “Corporations operating across various tax jurisdictions with multiple ERP systems are burdened with intercompany complexity and overhead,” explained May Ma, Vice President of Transformation at FourQ. “There is a tremendous opportunity to address the challenges that multinational corporations are facing through our new  

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  • Home Insurance

    Homeowners insurance companies dropping policies in Volusia, Florida

    This month three carriers of homeowners’ insurance informed state regulators they will be dropping more than 53,000 policies just as hurricane season is arriving. Some Volusia County insurance agents say they’ve been busy — not unlike accountants during tax season — working with customers to find new insurers willing to carry them, while other property owners are seeing significant rate increases. And it’s likely to get worse later in 2021. RISING RATES:Florida regulators scale back rate increases sought by Citizens insurance THINKING OF BUYING?:Five myths about the home market that may change your mind about buying The  

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