Tuesday, September 27, 2016

Michael Stewart And The fight To conclusion Police Violence in new york metropolis

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new york Police officer areas a cordon around the entrance to the crook courts constructing where demonstrators protested the acquittal of six transit police officers in the death of graffiti artist Michael Stewart. (credit score: Getty photos)

on no account forget. or not it's a relentless chorus in public discourse. Activists say it. Historians say it. Journalists say it. we all say it. however, we so frequently do neglect. With every passing day, new traumas divert our attention away from the very issues and people we vowed on no account to neglect.

here's the case for Michael Stewart, a 25-yr-historic African American graffiti artist who died in long island city on September 28, 1983 following a collection of movements that intently replicate the tragic dying of 25-yr-historical Baltimore resident Freddie gray. There isn't any doubt that Michael's reminiscence and his spirit lives on within the hearts of people who knew him intimately; people that conversed with him; those that loved him.

however, greater than thirty years after his passing, his name evokes blank stares and even perplexed looks in public conversations about police violence and brutality. Michael Brown we know. Trayvon Martin we be aware of. Sandra Bland we be aware of. Rekia Boyd we understand. Freddie gray we be aware of. Terence Crutcher we be aware of. These names are painful reminders of the apparently on no account ending battle to stop the unjust police killings of unarmed black individuals within the united states.

Like Brown, Martin, Bland, Boyd, grey, and Crutcher--and far too many others--Stewart died because of an come across with the police. The records with no trouble can't be disputed: Michael was alive when police officers spotted him spray portray graffiti on a new York metropolis subway around 2:50 in the morning and hours later, he changed into in a coma. Two weeks later, he was dead. The police officers who arrested Michael that unwell-fated morning insisted that the graffiti artist had succumbed to accidents of his personal making.

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Michael Stewart, 25, an aspiring artist and mannequin, fell into a coma after he changed into collared by way of police on Sept. 15, 1983.

harking back to the case of Freddie grey--who also died after slipping into a coma following an arrest and transport in the back of a police van--the law enforcement officials on the scene reported that Michael injured himself as he made repeated makes an attempt to withstand arrest. like the cases of Trayvon Martin and Eric Garner, witnesses on the scene recalled listening to Michael screaming out for support: "Oh my God, a person aid me. What did I do? What did I do?" After officers tied his fingers and toes, they carried him into a van and transported him to Bellevue clinic the place he fell into a coma and later handed away.

within the days and weeks following his dying, activists across the country have been enraged. right here, as soon as once more, an unarmed black grownup become useless following an come upon with the police. on the time, activists drew parallels to different excessive profile situations within the metropolis together with the police shootings of 17-year old Edmund Perry and sixty six-yr historical Eleanor Bumpurs. They known as consideration to the inconsistencies in the officers' narratives and emphasised the physical evidence that published a extremely distinctive story: Michael's badly bruised and battered body including an injured spinal twine, bleeding in his eyes, and swelling on his brain. These have been no longer the sorts of accidents sustained without human involvement, they emphasised, in hopes that a person would pay attention. In a scene that has in view that been repeated time and time once more, the officers worried were acquitted and Michael's family members have been left to opt for up the items within the wake of his tragic demise.

right through the Nineteen Eighties, Michael Stewart become a family unit name--primarily for those dwelling in big apple metropolis. americans idea regularly about Michael. They grieved his dying and in his memory, endured to demand changes in police practices.

within the instant aftermath of Michael's demise, black politicians, spiritual leaders and celebrities throughout the country additionally evoked Michael's name, insisting that his demise may still certainly not be forgotten. Deeply shaken through Michael's demise, and acknowledging his own vulnerability to state-sanctioned violence, neo-expressionist painter Jean-Michel Basquiat told one journalist: "It might have been me. It might have been me." So moved with the aid of Michael's loss of life, Basquiat created a portray in his honor entitled "Defacement (The death of Michael Stewart)."

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Defacement (The loss of life of Michael Stewart) by Jean-Michel Basquiat

He hoped to not best memorialize Michael's lifestyles, but additionally to convey countrywide consideration to police brutality and violence in black communities. He publicly challenged the "struggle on Graffiti," which criminalized city graffiti artists and little doubt performed a task in Michael's arrest.

within the weeks and months to comply with, activists chanted Michael's name. They created posters with Michael's notorious image--showing his somber countenance and medium-sized afro--and vowed to fight until justice become served. In 1986, the Michael Stewart Justice Committee--a group created in his memory--organized a candlelight provider at a church in Brooklyn to honor people that died by reason of police violence and brutality. Michael's parents Millard and Carrie Stewart stood that evening with a crowd of neighborhood activists and non secular leaders, lights candles in Michael's memory and within the reminiscence of so many others who had misplaced their lives in big apple city during the Eighties. "We must build monuments to our spouse and children," pastor and activist Rev. Herbert Daughtry advised these in attendance. "We need to keep the memory alive," he explained.

it's exactly what accepted filmmaker Spike Lee did in 1989, when he dedicated his movie, Do The right thing, to Michael and a number of different New Yorkers who had died in police custody--including Yvonne Smallwood, a 28-12 months old Bronx girl who died in 1987 while waiting to be arraigned. He desired to maintain their reminiscences alive. He wanted to emphasize the aspect that their lives mattered and their deaths would not be in useless.

by using the Nineteen Nineties, big apple city witnessed a new wave of police violence--now not not like other cities across the nation. With each passing year, Michael's identify drifted extra far from public memory, sadly, as new names changed his own.

greater than thirty years later, many are unaware of Michael's story--even because the cases surrounding his dying are all too established. Yet, we ought to bear in mind Michael--like so many others whose names have long gone into old obscurity. simplest then will we remain vigilant within the fight for social justice, never losing sight of the undeniable fact that the contemporary challenges we face as a nation are lengthy-standing and enduring. Our get to the bottom of to overcome them, and our individual and collective efforts to combat injustice, ought to be much more resilient.

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Thursday, September 22, 2016

long island's most expensive home simply obtained a $24 million price chop — but it surely's nevertheless in fact expensive

834 Fifth AvenueAll yours for $96 million.Brown Harris Stevens

if you want to reside like a king, it simply got a little simpler. a big and opulent upper East side duplex as soon as owned with the aid of the late "King of Wall street" John Gutfreund (who died past this 12 months), has just been discounted to $96 million, after record for $a hundred and twenty million six months ago.

Even with the new fee, or not it's nonetheless the most expensive checklist in long island city, according to Curbed. One feasible reason why it's still available on the market is that the building's co-op board does not accept financing, and the $ninety six million is required up front, the long island Observer reported.

Gutfreund made a name for himself as CEO of Salomon Brothers, becoming an icon of Wall highway in the Eighties. He took Salomon from a non-public partnership to a public business enterprise, and in 1985 Businessweek named him the "King of Wall road" — a title he later instructed The big apple times that he hated.

John Burger of Brown Harris Stevens has the record, along with Richard Ziegelasch and Key Ventures' A. Laurance Kaiser IV and Craig Dix. 

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big apple metropolis appoint comparisons: What $2,000 gets you

Welcome to Curbed Comparisons, a column that explores what you could employ for a set dollar amount in quite a lot of NYC neighborhoods. Is one man's studio yet another man's townhouse? Let's discover! In honor of Micro Week, we're taking a look at studios renting for around $2,000/month. fair warning: all of those spaces are four hundred rectangular feet or much less.

↑ The record calls this 400-square-foot house in Astoria a "big studio" (that's ny metropolis real property for you) and it's going for $1,950/month. The small pad manages to have a spacious kitchen with counter house, two colossal closets, and a private balcony.

↑ In Hell's Kitchen, a tiny 375-square-foot apartment is renting for $1,995/month. whereas the kitchen and toilet seem to be tolerable, the open house is fairly tight. however whats up, it's under $2,000, which is anything.

↑ A Murphy bed is the entire indication you need to be aware of that this higher West side studio is tiny. every thing however the entrance door and the bathroom is focused within the center of the house. but it surely's charming, and the asking expense is $2,050/month.

↑ This 370-square-foot Hamilton Heights condominium doesn't look as tiny as one of the crucial other apartments right here, which may well be because of its outsized window, which welcomes in lots of sunlight. The kitchen awaits its new home equipment, and the asking price is $1,895/month.

↑ A Boerum Hill studio has 400 square feet of house, an open kitchen, and a "very pleasant" bathing room (even though the list notes that it doesn't have a tub). The bare-bones space may well be most beneficial for somebody who cares extra about vicinity than space, on account that it be right within the middle of a fine Brooklyn local. Asking cost is $1,950/month.

↑ and eventually, there may be this 300-square-foot home alongside West 47th highway in Midtown West. or not it's a regular new york studio: The one (huge, it have to be talked about) window overlooks a further building, and the bathroom looks to be greatest thing here. however the appoint is a mere $1,995/month.

<a href="http://polldaddy.com/ballot/9528848/" mce_href="http://polldaddy.com/ballot/9528848/">Which micro unit would you choose for $2,000?</a>

Tuesday, September 20, 2016

big apple, New Jersey and Your coverage

On Twitter, a chum of mine asked if hurt from bombings such as the one in Chelsea can be lined via one's owners or auto assurance. we now have blogged earlier than on how business (business) assurance guidelines deal with terror-related claims, however here is a very diverse question. as an instance, during this latest incident, condo and automobile home windows had been shattered, and it looks viable (seemingly) that there turned into damage to regional residences and motors from the gigantic warmth and flying particles. So, would these claims be lined? As I do any time auto or householders insurance comes up, I became to my P&C guru bill M, who tells me that: homeowners and auto policies will encompass an exclusion for "conflict or acts of war, declared or undeclared" and so on. however terrorism isn't struggle, so it be likely covered by using each, absent some (ordinary) specific exclusion. Which makes experience. So I requested him if that became some thing that we would be seeing quickly. bill would not suppose so, as it would be in opposition t public coverage, and there's additionally the question of "frequency of prevalence;" it's, we've much more tornadoes and hailstorms (as an instance) than bona fide terrorist actions [ed: knock wood]. As always, check with your own policy and agent for specific solutions about your coverage. [Hat Tip: @tsrblke]

How coverage may have blanketed CNY SPCA from dropping well-nigh $seven hundred,000

SYRACUSE, N.Y. -- coverage consultants who work with nonprofits throughout big apple state and nationally say the significant new york SPCA may have covered themselves from losing nearly $700,000 in an embezzlement rip-off through purchasing insurance.

fidelity assurance, often known as crime assurance or employee dishonesty assurance, can protect a firm if a fraudulent act, such as embezzlement, occurs by using employees or volunteers, in line with consultants.

Former SPCA executive Director Paul Morgan and Taylor Gilkey, a veterinarian technician on the SPCA, stole $692,000 from the CNY SPCA over five years, Onondaga County District lawyer William Fitzpatrick introduced ultimate month. They used the cash to move playing and take journeys, he talked about.

Morgan, forty five, of Salina, turned into accused of stealing $475,000 between 2011 and July 2016. Gilkey, 32, of Canastota, become accused of stealing $217,000. each had been arraigned Aug. 26, charged with 2nd-degree grand larceny.

The investigation all started in July, when a bank employee contacted the CNY SPCA about suspicious undertaking, Fitzpatrick stated. Nick Pirro, the SPCA's treasurer and former county govt of Onondaga County, then contacted the district lawyer's office, he mentioned.

An investigation printed funds had been taken from an working account between 2011 and July, Fitzpatrick referred to. Over the course of 5 years, Morgan wrote himself 107 exams which he later cashed -- stealing $475,000, Fitzpatrick pointed out. Morgan's income from the SPCA turned into $118,118 in 2014, in accordance with tax statistics filed with the aid of the SPCA.

Peter Andrew, the president of Council features Plus, Inc., pointed out a non-earnings the dimension of the CNY SPCA is encouraged to elevate a constancy insurance plan that has $100,000 to $500,000 insurance. Council functions Plus Inc. was created by means of the manhattan Council of Nonprofits, which is a statewide affiliation that offers a collective coverage voice for the nonprofit sector and serves as a vital support and counsel provider. Council features Plus offers insurance solely to nonprofits.

Thirty percent of ny's small nonprofits, which is a firm with a each year budget of $1 million and under, raise a constancy coverage plan value as much as $500,000. The percent for nonprofits with the coverage increases as the size of the firm raises, Andrew referred to.

The CNY SPCA's annual funds turned into about $1.3 million in 2014, in response to the newest tax forms available for the group.

Andrew talked about a small quantity of fidelity assurance is frequently included in applications sold to nonprofits but he strongly encourages that greater corporations purchase added.

"Affordability is always an argument for nonprofits," he stated. "One dollar spent on coverage is a one dollar no longer spent on the trigger."

Andrew mentioned that additional constancy insurance is between $1,000 to $1,500 a yr in manhattan for a policy up to $500,000.

CNY SPCA interim Director Nick Pirro holds a pup that the non-earnings turned into attempting to locate a house. Pirro, the former county govt and treasurer of the community, turned into made meantime director after the previous director turned into fired over an allegations he and an extra employee stole just about $seven-hundred,000.Sarah Moses | smoses@syracuse.co  Pirro, who is now the SPCA's meantime government director, mentioned he believes the firm only incorporates a $25,000 coverage to cowl employee theft but that the firm is within the method of reviewing its policy to look what other coverage they have got.

constancy assurance requires that a company are trying to find legal motion to post an assurance claim. The coverage would cover the economic loss and the coverage enterprise would bring together restitution from the defendant.

with out coverage, the SPCA will have to count on making an attempt to get restitution through the court docket from Morgan and Gilkey in the event that they are discovered responsible.

Pirro noted he concerns that restitution may be hard to collect. Fitzpatrick mentioned closing month that the pair used most of the money to head gambling. They additionally took journeys to New Orleans, Las Vegas and the Turning Stone inn on line casino, Fitzpatrick stated.

Fitzpatrick observed Morgan become now not a a success gambler. That capacity there's a "very, very slight probability" of returning the funds to the CNY SPCA, he stated.

besides assisting nonprofits get better after cash is stolen, fidelity coverage can additionally support nonprofits evade such crimes, Andrew pointed out.

before insurance companies present this category of insurance, the nonprofit must exhibit that they have possibility administration controls or assess and balances in location to help steer clear of embezzlement or fraud crimes.

Pirro declined to describe how the thefts took location except the investigation is comprehensive, but stated there were tests and balances in place. although, this situation comprises one grownup having too plenty authority and being capable of get round checks and balances, he referred to.

Pamela Davis, founder and president of the Nonprofits assurance Alliance group in California, says the loss of $seven hundred,000 at a small nonprofit is an bizarre situation. The Nonprofits insurance Alliance neighborhood works with 16,000 nonprofits across the nation.

Davis observed thefts do ensue, however not always on this scale. She noted that is why assurance is so crucial.

"it's not a rely of have faith, it's a remember of first rate business," she spoke of.

Former CNY SPCA government director, worker charged with stealing just about $700,000

Sunday, September 4, 2016

Hermine Nears long island, New Jersey, Storm Surge seemingly

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Raphael Miranda's forecast for September 4th. (published 42 minutes in the past)

What to know
  • Hermine is now considered a publish-tropical cyclone
  • The highest chance of storm surge is expected in parts of manhattan Sound
  • Winds of tropical storm strength may run from Sunday evening to Tuesday morning
  • submit-Tropical Cyclone Hermine drew nearer to the tri-state area early Sunday morning, bringing with it the possibility of extended excessive winds and heavy storm surge on the coasts. 

    As of late Saturday night, Storm team 4 saw the ideal risk for unhealthy surge alongside the japanese shoreline of big apple Sound. 

    Coastal Queens, The Bronx, Westchester, Nassau and Fairfield countires have been at roughly a 90 % possibility of getting as a minimum 3 ft of storm surge. 

    in the meantime the Jersey Shore and manhattan face wind gusts of at the least forty MPH and perhaps superior from Sunday evening through Tuesday morning. 

    Rain is expected to be less of an issue with this storm.

    circumstances should still start to deteriorate for many of the vicinity via Sunday afternoon, with winds picking up and low showers viable. 

    published 34 minutes in the past

    Thursday, September 1, 2016

    Demolition of historical Elmhurst home Ravaged through Fires Blocked by metropolis

     The 1700s farmhouse was burned in a fire last year.  The 1700s farmhouse turned into burned in a fireplace last year.  View Full Caption

    DNAinfo/Katie Honan

    ELMHURST — Demolition of a ancient domestic gutted last year with the aid of two fires has been halted after officers discovered people had improperly eliminated asbestos inside, warning that endured work "poses a hazard to human safeguard."

    the previous 1700s farmhouse at 90-11 56th Ave. first caught hearth the morning of Sept. 4, 2015, after the domestic had been bought a month before by using developers. That fire became caused by way of squatters dwelling inner, in line with the FDNY. 

    another hearth 4 days later, which damaged the domestic more critically, changed into ruled "incendiary" by way of the FDNY, who did not supply further details. 

    makes it possible for have been filed this summer season to demolish the constructing in August, however the department of Environmental coverage halted it after an inspection on Aug. 17 found incorrect asbestos removal, in accordance with the violation. 

    The work "poses a hazard to human safeguard," the note mentioned, including that the departmentwill most effective lift the violation after "a written scope of labor is bought and accepted" by using the agency. 

    a part of the home had already been demolished earlier than the violation became issued.

    Reached by mobilephone, one of the vital web page's owners — listed as Tu Kang Yang — spoke of work would resume as soon as the violation became lifted, however she declined to reply any additional questions.

    Neighbors fought to shop the historical domestic before and after the fire, however the Landmarks renovation commission voted in opposition t landmarking it.

    ny officially bids adieu to the tampon tax

    The tampon tax finally is a factor of the past.

    The earnings and use tax exemption on female hygiene items took effect on Thursday after lawmakers permitted the exemption earlier this yr. Gov. Andrew Cuomo signed the enacting law in July.

    Cuomo's workplace recommended New Yorkers that they are eligible for a refund if they accept as true with they've been charged a tax on these items relocating ahead. To reap money back, buyers must post a kind AU-11 and the receipt to the state Tax branch.

    sellers with questions concerning the exemption can contact the Tax department between 8:30 a.m. and 4:30 p.m. at 518-485-1159.

    Some history on the tampon tax and its abolition from when the Legislature handed the exemption in might also:

    Supporters say definite clinical items already are exempted from state revenue tax, as are different needs, reminiscent of certain foods and drinks, plus greater vague gadgets including gift shop earnings at a state-run veterans nursing home.

    female hygiene items, the invoice's backers contend, are "an indisputable necessity."

    "there are many considerations that easily transcend politics and a unanimous vote in each houses tells you that here's actually one in every of them," (state Sen. Sue) Serino, R-Dutchess County, noted in a statement. "relocating this legislations forward is a win for patrons and it's a win for women who have largely shouldered the burden of the tax for generations."

    In a press release Wednesday afternoon, Cuomo mentioned "repealing this regressive and unfair tax on women is a depend of social and economic justice," and he looks forward to signing the bill.

    five states — including long island's neighbors Massachusetts, Pennsylvania and New Jersey — have ended equivalent taxes. Canada also nixed its tax on female hygiene items in 2015.

    other states, including California, are due to the fact that legislation taking the identical direction.

    An initiative to scrap the tax in Utah failed earlier this yr. Critics archly stated that all of the lawmakers on the panel that scuttled that effort have been guys.

    In long island, other attempts to exempt definite hygiene items haven't been as a success.

    as an instance, a push to exempt lavatory paper for family use from state sales tax has didn't profit traction. law has not moved from committee in either the meeting or Senate, although Sen. Phil Boyle, R-manhattan, has made an argument for it comparable to the one made for the tampon tax: rest room paper isn't an non-compulsory product.

    Boyle's bill has only one co-sponsor: Serino.

    the whole unlock from Cuomo's office is under:

    Governor Andrew M. Cuomo nowadays introduced that the income and use tax exemption for feminine hygiene items bought in ny State took effect today. In July, Governor Cuomo signed legislations (A.7555-A/S.7838) instituting this exemption.

    "removing this regressive tax on ladies become a count of equity and that i am proud to have signed this law to appropriate that inaccurate," Governor Cuomo mentioned. "With the legislations in effect, we now have taken another step toward a more simply and greater fair manhattan for all."

    female hygiene products had been taxable for the reason that the state sales tax became first instituted in 1965, whilst a large choice of different items, corresponding to dietary and family planning items, had been exempt.

    ny is one of the first states to be a part of the stream to exempt feminine hygiene products from revenue tax, which is expected to save girls procuring tampons, and different equivalent items, an estimated $10 million a 12 months.

    On August 1, the ny State department of Taxation and Finance recommended all agents this exemption would take impact on September 1. If any New Yorker believes that they've been charged this tax, they may still follow for a refund with the aid of submitting form AU-11 and the receipt to the Tax department. sellers with questions in regards to the exemption can contact the Tax branch between eight:30 a.m. and 4:30 p.m. at 518-485-1159.

    Bangladeshi girl stabbed lifeless in long island

    A 60-12 months-ancient Bangladeshi girl has been knifed to loss of life a couple of block and a half away from her home in Queens of manhattan on Wednesday, police said nowadays.

    Nazma Khanam, 60, a Bangladeshi expatriate, became discovered stabbed to demise in Queens after what appeared to be an attempted robbery. Her lifeless body turned into present in front of her condo in Jamaica Hills. When informed, police came to the spot round 9:15pm native time, experiences big apple put up.

    She turned into taken to Jamaica health facility where she changed into stated dead. No arrests were made.

    besides the fact that children, Khanam's family unit believes her death might have been a hate crime because the victim become donning common Muslim clothing when she become attacked, but police aren't categorizing it as such.

    She became reportedly jogging ahead of her husband when she became attacked. Her husband turned into no longer in a position to save her in time.

    Sources say it is unknown at this time if the attacker made off with any of Khanam's property.

    Tuesday, August 30, 2016

    long island State assurance Fund Implements Patriot technology options Pay-as-You-Go Billing tool

    Anthony R. O'Donnell // August 30, 2016 Share Share on TwitterShare on Facebook+1Share on LinkedIn Share Flag_of_New_York.svg-2

    (photo credit: Xrmap.)

    The new york State insurance Fund (NYSIF; Albany, N.Y.), the greatest worker's' compensation insurance provider in the Empire State, has gone reside on Patriot know-how solutions' (PTS, castle Lauderdale, Fla.) InsurePay, a pay-as-you-go billing device, to provide real-time price processing for its people' compensation customers.

    Jeff Harris, executive VP, Business Development, Patriot National.

    Jeff Harris, executive VP, company building, Patriot countrywide.

    "we are glad that NYSIF, a longstanding people' compensation company for greater than one hundred years, has diagnosed the cost of InsurePay, an answer that allows for them to streamline the birth of policyholder, payroll and top rate information," feedback Jeff Harris, govt VP, business building, of PTS' mum or dad company Patriot country wide. "NYSIF knows the significance of using superior-in-classification technology solutions to convey cost to their purchasers."

    through what the dealer describes as a at ease, cloud-primarily based SaaS platform, InsurePay makes it possible for corporations to pay their premiums each pay duration in line with precise payroll rather than generated estimates. "This accurate and versatile approach reduces operational expenses for insurance carriers and policyholders as well as merits agents with a competitive product," a Patriot national commentary says. "via actual-time processing, policyholders can reduce or get rid of gigantic down payments and steer clear of year-conclusion audit discrepancies, and insurance carriers are in a position to eliminate billing, collections and auditing fees."

    aggressive expertise to Carriers

    "starting to be adoption of InsurePay by means of main people' compensation insurers is indicative of the competitive talents that our know-how options provide to carriers," comments Steven M. Mariano, CEO of Patriot national. "we're using our market leadership to capitalize on increase opportunities and invest in reducing-area technology solutions."

    Patriot country wide to Launch possibility administration on-line industry

    Iowa at middle of ‘shadow assurance’ debate

    but these opaque contraptions aren't being concocted on Wall street.

    They emerged in areas like Cedar Rapids, Iowa, at the headquarters of TransAmerica lifestyles, a subsidiary of the Netherlands-based mostly Aegon NV, which changed into deemed one in all 9 too-massive-to-fail insurers on the planet via a world standards board final year.

    "The trade is headed for severe crisis with this," pointed out Joseph M. Belth, a professor emeritus of insurance at Indiana tuition, who calls the apply "a shell online game."

    Belth has been in search of to force the Iowa coverage Division to liberate documents regarding eight shadow insurance subsidiaries which have been installation by means of TransAmerica and other groups beneath a 2010 state law that has inspired the practice.

    Insurers say the arrangements — which they name captive reinsurance — are not harmful however readily free them from 2001 accounting rules mandating that they hold extra money reserves.

    Some state assurance regulators have agreed with that argument and reject Lawsky's warnings, asserting it is a accountable apply when finished as it should be. The national affiliation of assurance Commissioners has been working with individuals to supervise the deals and restrict the risks.

    TransAmerica spokesman Greg Tucker referred to that neighborhood declined to ban such preparations in 2014 after "careful consideration" and made few changes to the rules governing them.

    life insurers had been in the hunt for greater flexibility at a time when they are struggling to cowl economic promises made to beneficiaries many years ago, when activity costs have been far higher.

    The equipment works like this: Insurers create totally owned subsidiaries on paper that assume one of the crucial enterprise's liabilities.

    these accounts are transferred off the mum or dad business's books, lowering the quantity of capital reserves they are required to dangle to pay off policies. That frees up cash that businesses can use as a substitute to pay dividends, make acquisitions and boost govt pay, all whereas shaving their federal tax expenses.

    The mum or dad organizations preserve the risks as a result of they grant their subsidiaries "ensures" or "notes" promising to pay their debts. The particulars of those agreements are generally secret, making them inconceivable to research.

    Iowa and a handful of other states have taken the lead in permitting the observe.

    A paper published by means of the Federal Reserve financial institution of Minneapolis in may also discovered that U.S. lifestyles insurance and annuity liabilities ceded to shadow insurers grew to $364 billion in 2012 from $11 billion a decade earlier — or 25 cents of each dollar for organizations that use them.

    The authors, Ralph Koijen and Motohiro Yogo, referred to the practice may additionally reduce the rate of existence coverage policies by using about 10 percent on usual but additionally increases the chance of default.

    The workplace of monetary analysis — an arm of the U.S. Treasury created after the 2008 economic give way to investigate dangers — known as in a document prior this year for more disclosure of the preparations and extra requirements that they be backed by means of first-rate assets.

    Patriot technology presents InsurePay to manhattan State insurance Fund

    Tuesday, August 30, 2016 — 11:25:33 (CDT)

    Patriot know-how offers InsurePay to new york State insurance Fund

    fortress Lauderdale, Fla., Aug. 29, 2016 -- Patriot know-how solutions, Inc., a subsidiary of Patriot country wide, Inc. (NYSE: PN), these days introduced that ny State coverage Fund (NYSIF), the biggest employees' compensation insurance company in ny State, has carried out InsurePay, a pay-as-you-go billing tool, to supply real-time fee processing for its laborers' compensation consumers.

    "we're comfortable that NYSIF, a longstanding people' compensation company for more than a hundred years, has identified the value of InsurePay, a solution that makes it possible for them to streamline the birth of policyholder, payroll and top rate facts," pointed out Jeff Harris govt vp - business construction at Patriot national. "NYSIF is familiar with the importance of the use of most effective-in-classification technology solutions to bring price to their shoppers."

    "growing to be adoption of InsurePay by leading worker's' compensation insurers is indicative of the aggressive expertise that our expertise solutions give to carriers," pointed out Steven M. Mariano, CEO of Patriot countrywide. "we are using our market management to capitalize on growth opportunities and put money into reducing-facet know-how options."

    via its comfy, cloud-based SaaS platform, InsurePay enables agencies to pay their premiums every pay duration based on actual payroll in preference to generated estimates. This correct and flexible strategy reduces operational costs for insurance carriers and policyholders in addition to benefits agents with a competitive product. via precise-time processing, policyholders can reduce or get rid of significant down payments and prevent year-end audit discrepancies, and insurance carriers are capable of eliminate billing, collections and auditing costs.

    About Patriot countrywide

    Patriot country wide, Inc. is a country wide company of finished technology and outsourcing options that support assurance organizations and employers mitigate possibility, conform to advanced regulations and save time and cash. Patriot country wide provides frequent agency capabilities, know-how outsourcing, application solutions, distinctiveness underwriting and policyholder capabilities, claims administration capabilities, self-funded fitness plans and employment pre-screening features to its assurance service clients, employers and other shoppers. Patriot national is headquartered in fortress Lauderdale, Florida. For extra information about Patriot countrywide, please seek advice from www.patnat.com .

    About Patriot technology solutions, Inc.

    Patriot technology solutions (PatTech) is a leading issuer of know-how options for the property and casualty assurance business. PatTech specializes in assurance options that highlight a full core assurance suite answer with implementation competencies and including; skilled and consulting services and business information analytics with a cloud-based mostly SaaS mannequin. PatTech grants solutions that deliver carriers with top rate increase, policyholder retention whereas lowering their charge of acquisition and reducing their usual servicing can charge. Patriot technology solutions is headquartered in citadel Lauderdale, Florida with places of work worldwide. For more tips about PatTech, please visit www.ptsglobal.com .

    source: business press unencumber.

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    Iowa at core of debate over 'shadow insurance' offers

    IOWA city, Iowa (AP) — For money-strapped life coverage businesses, the deal sounds just about too respectable to be genuine: A state legislations permits them to create complex economic devices to transfer liabilities to new subsidiaries, straight wiping big bills off their books.

    So-called "shadow assurance" agreements have exploded over the last decade, but a growing variety of critics, including economists and client advocates, say the apply threatens the solvency of insurers and places policyholders and taxpayers at risk.

    In 2013, then-long island coverage regulator Benjamin Lawsky warned that the arrangements amounted to "financial alchemy" and have been paying homage to practices that contributed to the 2008 monetary meltdown.

    but these opaque gadgets are not being concocted on Wall road. They emerged in locations like Cedar Rapids, Iowa, on the headquarters of TransAmerica existence, a subsidiary of the Netherlands-primarily based Aegon NV, which was deemed one in all nine too-big-to-fail insurers on earth through a world necessities board final yr.

    "I think that the business is headed for critical hindrance with this," stated Joseph M. Belth, a professor emeritus of insurance at Indiana tuition, who calls the apply "a shell online game."

    Belth filed a lawsuit Tuesday seeking to drive the Iowa assurance Division to free up files regarding eight shadow coverage subsidiaries that have been deploy by means of TransAmerica and other agencies beneath a 2010 state legislations that encouraged the practice.

    Insurers say the arrangements — which they name captive reinsurance — don't seem to be harmful but effectively free them from 2001 accounting rules mandating that they grasp extra cash reserves.

    Some state coverage regulators believe that argument and reject Lawsky's warnings, asserting it's a in charge practice when performed appropriately. The country wide association of assurance Commissioners has been working with individuals to oversee the offers and limit the dangers.

    TransAmerica spokesman Greg Tucker mentioned that neighborhood declined to ban such arrangements in 2014 after "cautious consideration" and made few alterations to the suggestions governing them.

    existence insurers had been in search of more flexibility at a time when they're struggling to cover monetary guarantees made to beneficiaries decades in the past, when pastime rates have been a ways larger.

    The device works like this: Insurers create absolutely owned subsidiaries on paper that count on one of the crucial enterprise's liabilities. those debts are transferred off the mother or father business's books, decreasing the quantity of capital reserves they are required to hang to repay policies. That frees up money that corporations can use as an alternative to pay dividends, make acquisitions and enhance govt pay, all whereas shaving their federal tax expenses.

    The parent agencies preserve the dangers as a result of they furnish their subsidiaries "ensures" or "notes" promising to pay their accounts. The details of these agreements are largely secret, making them not possible to research.

    Iowa and a handful of other states have taken the lead in permitting the observe.

    A paper posted by using the Federal Reserve bank of Minneapolis in may also discovered that U.S. lifestyles coverage and annuity liabilities ceded to shadow insurers grew to $364 billion in 2012 from $eleven billion a decade previous — or 25 cents of each dollar for companies that use them. The authors, Ralph Koijen and Motohiro Yogo, spoke of the observe may additionally in the reduction of the price of existence assurance policies via about 10 percent on typical however additionally raises the chance of default.

    The workplace of monetary research — an arm of the U.S. Treasury created after the 2008 monetary crumple to analyze dangers — referred to as in a report past this 12 months for greater disclosure of the preparations and further requirements that they be backed by using nice assets.

    Belth is the author of a purchaser's guide to life coverage and former forty-yr editor of The coverage forum, a month-to-month journal that ceased publication in 2013. He has been in the hunt for copies of the promises that insurers made to their Iowa subsidiaries and different documents beneath the open facts legislations. He says the facts would exhibit just how harmful they are, saying the information may still be accessible to policyholders, shareholders and taxpayers.

    Iowa insurance Commissioner Nick Gerhart has denied his requests, asserting the documents are a part of insurers' "plans of operation," that are personal beneath Iowa legislations. Gerhart has argued that his body of workers robotically examines the transactions to be sure they are sound, and that Iowa has been greater clear than other states through releasing the subsidiaries' financial statements online each year.

    After reviewing these statements, Koijen and Yogo found that six of the eight subsidiaries created in Iowa "have giant negative fairness beneath statutory accounting" — meaning their property are worth below their liabilities beneath typical coverage industry requirements.

    An Iowa court will now decide no matter if Gerhart's office has to release more counsel.

    Belth stated he bought drawn to Iowa's practices two years ago, when Bellevue, Washington-primarily based Symetra life coverage business announced it became relocating its criminal headquarters to Iowa "to take expertise of the state-of-the-paintings statutes and regulations governing the lifestyles insurance business in Iowa." Symetra has on account that set up probably the most shadow insurers in the state, but its measurement pales in comparison to these created by using TransAmerica.

    TransAmerica has installation one subsidiary that carries a "parental assure" of more than $2 billion and a 2nd that has a "credit linked notice" value $924 million. beneath average accounting rules for the business, insurers could not count number those as assets but Iowa has accepted them.

    Belth noted that he is making an attempt to shine a light on a tradition that should now not be confidential.

    "What's the key? They don't want this mentioned. I feel it really is the bottom line," he pointed out.

    Patriot technology solutions Implements InsurePay Pay-as-You-Go Billing device for ny State insurance Fund

    castle LAUDERDALE, Fla., Aug. 29, 2016 /PRNewswire/ -- Patriot know-how solutions, Inc., a subsidiary of Patriot country wide, Inc. (NYSE: PN), nowadays announced that big apple State assurance Fund (NYSIF), the greatest laborers' compensation coverage provider in new york State, has applied InsurePay, a pay-as-you-go billing tool, to supply true-time payment processing for its laborers' compensation valued clientele.

    "we are joyful that NYSIF, a longstanding employees' compensation provider for greater than a hundred years, has identified the price of InsurePay, an answer that allows for them to streamline the delivery of policyholder, payroll and top class statistics," referred to Jeff Harris executive vp – business construction at Patriot country wide. "NYSIF understands the significance of the usage of most desirable-in-classification expertise solutions to convey value to their purchasers."

    "growing adoption of InsurePay by means of leading people' compensation insurers is indicative of the competitive competencies that our expertise solutions supply to carriers," stated Steven M. Mariano, CEO of Patriot country wide. "we are the usage of our market leadership to capitalize on boom opportunities and put money into slicing-facet expertise options."

    through its secure, cloud-primarily based SaaS platform, InsurePay allows for businsses to pay their premiums each and every pay duration according to actual payroll instead of generated estimates. This accurate and flexible approach reduces operational charges for assurance carriers and policyholders as well as advantages agents with a aggressive product. through true-time processing, policyholders can in the reduction of or dispose of colossal down funds and stay away from 12 months-conclusion audit discrepancies, and coverage carriers are able to get rid of billing, collections and auditing prices.

    About Patriot countrywide

    Patriot country wide, Inc. is a countrywide provider of complete know-how and outsourcing options that assist coverage groups and employers mitigate risk, agree to complicated rules and retailer time and cash. Patriot countrywide gives generic company features, know-how outsourcing, application options, specialty underwriting and policyholder capabilities, claims administration services, self-funded fitness plans and employment pre-screening services to its coverage carrier valued clientele, employers and different customers. Patriot countrywide is headquartered in fortress Lauderdale, Florida. For more assistance about Patriot country wide, please visit www.patnat.com.

    About Patriot technology solutions, Inc.

    Patriot expertise solutions (PatTech) is a number one provider of technology options for the property and casualty assurance industry. PatTech focuses on assurance solutions that spotlight a full core insurance suite solution with implementation skills and including; knowledgeable and consulting features and enterprise facts analytics with a cloud-based SaaS mannequin. PatTech promises solutions that supply carriers with top class growth, policyholder retention while decreasing their charge of acquisition and decreasing their basic servicing charge. Patriot expertise solutions is headquartered in fortress Lauderdale, Florida with offices global. For extra advice about PatTech, please visit www.ptsglobal.com.

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    Media and Investor Contacts:Cindy CampbellDirector of Investor family members and Public RelationsPatriot country wide, Inc.(954) 670-2907CCampbell@patnat.com

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    Monday, August 29, 2016

    Hillary Clinton Releases New comprehensive intellectual fitness coverage Agenda

    manhattan–(ENEWSPF)–August 29, 2016.  nowadays Hillary Clinton introduced her complete plan to guide americans living with mental fitness complications and ailments. Recognizing that essentially a fifth of all adults within the u.s. — greater than 40 million individuals — are coping with a mental fitness issue, Hillary's plan will integrate our mental and actual health care programs. Her intention is that inside her time in office, american citizens will not separate intellectual health from physical health when it comes to entry to care or satisfactory of remedy. Hillary has been talking about intellectual health policy all the way through her crusade, seeing that listening to at once from American fogeys, college students, veterans, nurses, and law enforcement officials about how these challenges keep them up at nighttime.

    Hillary will convene a White apartment conference on intellectual fitness throughout her first 12 months as President. furthermore, her finished agenda on mental fitness will:

  • combine our nation's intellectual and physical health care systems so that health care birth specializes in the "entire adult," and drastically boost group-primarily based medicine alternatives. Hillary's plan will foster integration between the scientific and behavioral health care methods (including intellectual health and addiction functions), so that first rate medicine for behavioral fitness is broadly available in regular fitness care settings. Hillary will expand repayment buildings in Medicare and Medicaid for collaborative care through tasking the center for Medicare and Medicaid Innovation to create and enforce new such fee models.
  • Promote early diagnosis and intervention, including launching a national initiative for suicide prevention. The usual price of suicide accelerated through 24 percent between 1999 and 2014, and is now at its highest level in 30 years. Hillary will direct all significant federal groups, including health and Human capabilities, Veterans Affairs, and the branch of education, to research and increase plans for suicide prevention in their respective settings, and create a pass-government initiative headed by the Surgeon standard to coordinate these efforts. She also believes we ought to redouble our efforts round early screening and intervention – and that potential practicing pediatricians, academics, college counselors, and other service suppliers all the way through the general public health system, to determine intellectual fitness complications at an early age and advocate acceptable support.
  • implement mental fitness parity to the whole extent of the legislations. The intellectual health Parity and addiction fairness Act of 2008, which Hillary co-subsidized, requires that intellectual fitness advantages beneath group fitness plans be equal to merits for different scientific situations, and the in your price range Care Act requires insurance coverage in the individual and small community markets to present mental fitness insurance as an essential health improvement. but whereas the appropriate legal guidelines are on the books, they are too often omitted or now not enforced. As part of her commitment to totally imposing the mental fitness parity legislation, Hillary will launch randomized audits to observe parity violations, and increase federal enforcement. she will be able to also enforce disclosure necessities in order that insurers cannot conceal their practices for denying intellectual fitness care and improve federal monitoring of health insurer compliance with n etwork adequacy necessities.
  • improve criminal justice results by way of working towards legislation enforcement officers in disaster intervention, and prioritizing medication over reformatory for low-stage offenders. As many as 1 in every 10 police encounters may well be with people with some type of mental fitness difficulty, and our county jails these days condominium extra individuals with mental disease than our state and native psychiatric hospitals. she will devote new elements to help instruct legislation enforcement officers in responding to conflicts involving humans with intellectual ailment, and enhance furnish funding to help law enforcement partnerships with intellectual fitness professionals. she can also increase investments in local courses comparable to really expert courts, drug courts, and veterans' medication courts, which send individuals to treatment and rehab instead of the crook justice system, and direct the attorney accepted to issue tips to federal prosecutors, instructing them t o prioritize remedy over incarceration for low-level, non-violent offenders. eventually, she will work to enhance intellectual health features for incarcerated individuals and ensure continuity of care in order that they get the medication they want, so that they can increase outcomes for them after they reenter society and should in the reduction of recidivism.
  • enrich entry to housing and job alternatives. As president, Hillary will extend neighborhood-primarily based housing alternatives for people with mental sickness and other disabilities. Hillary will launch a joint initiative between the Departments of Housing and urban building (HUD) and HHS to create supportive housing opportunities for lots of people with mental illnesses and disabilities, who currently reside in or are susceptible to entering institutional settings. The employment price for people with severe intellectual illness is below 20 p.c, even if many of these adults wish to work and more than half may succeed with acceptable job helps. Hillary will work with inner most employers and state and native intellectual fitness authorities to share surest practices round hiring and retaining people with mental fitness complications, and in adopting supported employment courses. She'll also extend HHS's "remodeling Lives through Supported Employment" program, which alr eady assists states and communities in presenting supported jobs to people with intellectual sickness.
  • invest in brain and behavioral analysis and setting up secure and positive cures. Hillary believes we want a pioneering, multi-sector effort to transform our competencies of this box—from mapping the human brain to generating new insights into what drives our behavior to investing in clinical and capabilities research to remember the interventions that work gold standard and how to bring them to patients. As president, Hillary will tremendously increase research into brain and behavioral science research. she will provide new funding for the country wide Institutes of fitness; build on pass-collaborative basic research efforts like the brain initiative; scale up critical investments in clinical, behavioral, and capabilities analysis; and combine research portfolios with pioneering work on circumstances like PTSD and tense mind harm already underway at DoD, the VA, and HHS. she can enhance new hyperlinks with the deepest and non-income sectors to be sure that federal govt effort s are aligned with those of alternative sectors to ensure that growth happens as directly as feasible. she will be able to additionally decide to mind and behavioral science research in line with open data.
  • the whole complete proposal is purchasable on HillaryClinton.com right here.

    source: http://hillaryclinton.com

    feedback

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    fitness news

  • Crystal Run provides

    6 new suppliers

    city OF WALLKILL — Crystal Run Healthcare pronounces the addition of six new providers to the observe:

    Randy Cohen, MD, earned his medical diploma from St. George's institution faculty of medication in Grenada, West Indies and completed his residency in interior medication at St. Luke's-Roosevelt health facility in ny, N.Y. he's board-certified in cardiovascular ailments, medical lipidology, cardiac CT, echocardiography, internal drugs and nuclear cardiology, and achieved fellowship training in cardiology at the institution of Massachusetts scientific middle in Worcester, Massachusetts, and additionally at St. Luke's-Roosevelt health center in big apple, N.Y. Cohen focuses on cardiology and is seeing sufferers in West Nyack.

    Leah Kang, DO, earned her medical degree from Touro college school of Osteopathic drugs in new york, N.Y., and accomplished her residency in interior medication at Mount Sinai St. Luke's-Roosevelt health facility in big apple, N.Y. She is board-licensed in inner medication and completed fellowship training in endocrinology, diabetes and metabolism at Stony Brook university scientific center in Stony Brook, N.Y. Kang specializes in endocrinology and is seeing sufferers in long island metropolis at Crystal Run's one hundred fifty five East 76th St. region.

    Rajana Meke, MD, earned her scientific diploma from PSG Institute of clinical Science and research in Coimbatore, India and completed her residency in family medicine on the Brooklyn clinic middle in Brooklyn, N.Y. She is board-certified in household medication and is seeing patients in Monroe.

    Amal Rahman, MD, earned his clinical diploma from Icahn faculty of medication at Mount Sinai in new york, N.Y. and achieved his residency in pediatrics at Maimonides medical center in Brooklyn, N.Y. Rahman is part of our Pediatric health facility medication program and may be caring for pediatric sufferers out of Orange Regional clinical core.

    Maria Sobolev, MD, earned her clinical degree from the scientific faculty for overseas health at Ben Gurion tuition, in collaboration with Columbia university clinical middle, in Be'er Sheva, Israel, and completed her residency in interior medicine at Montefiore scientific center, the tuition hospital for Albert Einstein college of medication, in Bronx, N.Y. She is board-certified in interior medication, adult echocardiography and nuclear cardiology and achieved fellowship training in cardiology at Montefiore Einstein center for heart and Vascular Care in Bronx, N.Y. Sobolev specializes in cardiology and is seeing patients in Goshen, Monroe and West Nyack.

    Stephen L. Thorp, MD, earned his medical degree from SUNY Downstate college of medicine in Brooklyn, N.Y. and achieved his residency in anesthesiology at Yale-New Haven sanatorium in New Haven, Connecticut. he is board-licensed in pain medication and achieved fellowship practising in pin mdicine at big apple Presbyterian hospital/Memorial Sloan Kettering melanoma middle in ny, N.Y. Thorp specializes in interventional ache medicine and is seeing sufferers in Middletown.

    Horizon gifts free

    summer barbecue

    NEW WINDSOR — Horizon family unit scientific community will present a free summer barbecue, with entertainment, for all its patients and prospective patients, from 11 a.m.-6 p.m. Sept. 15 at Horizon's fundamental care, hypersensitive reaction/immunology, endocrinology and pulmonology offices, 92 historic Route 9W, New Windsor.

    The barbecue will consist of free hamburgers, sizzling dogs, sausage and peppers, baked beans, potato salad, coleslaw, chips, pickles, olives, melon, iced tea, water and soda. there'll even be hosted races, a balloon artist, 3-gap mini golf, two carnival board games, quite a lot of interactive zany games, hula hoops, hacky sack toss, three-legged race, tug-of-struggle and prizes. Fox Radio should be broadcasting reside from the experience for part of the day

    A consultant of eClinicalWorks should be on site with demos and gadget for sufferers to are attempting out the brand new free Healow app, which gives access to lab results, visit summaries, statements, upcoming appointments, medication reminders, replenish requests and messages for nurses. folks can also hyperlink and computer screen their little ones's accounts. The app may also be downloaded from the App save or Google Play shop.

  • Thursday, August 25, 2016

    BIAS ALERT: NYT columnist calls on Google to 'fix' search effects about Clinton's fitness

    Amid rampant on-line hypothesis about Hillary Clinton's health, one long island instances columnist has an answer – effectively get Google to "fix" the search consequences.

    The theories about Clinton's fitness, often beneath the hashtag #HillarysHealth, had been gaining traction on social media in certain.

    Democrats have disregarded the claims as a mixture of conspiracy theories and misinformation. however now big apple instances tech columnist Farhad Manjoo has referred to as on Google to step in. 

    "Google should still fix this. It shouldn't provide quarter to conspiracy theorists," he tweeted.

    A yr in the past, Clinton's doctor said she turned into in "superb physical situation."

    however that has now not stopped hypothesis, with some Republicans together with Donald Trump weighing in. 

    Trump pointed out in a speech last week that Clinton "lacks the intellectual and physical stamina to take on ISIS, and the entire many adversaries we face." 

    Former ny Mayor Rudy Giuliani stated ultimate week on Fox news, "log on and put down, 'Hillary Clinton disorder,' and take a look at the movies your self." 

    Clinton's fitness first grew to become a count number of scrutiny when she suffered a concussion as secretary of state. currently, coughing bouts on the crusade path and footage of Clinton being helped up stairs by using distinctive aides have stoked further hypothesis.

    Breitbart information first cited Manjoo's tweet. 

    Wall St. falls as healthcare, materials stumble

    Get every day under-the-radar research with StreetInsider.com's Stealth growth Insider Get your 2-Wk Free Trial right here.

    by using Chuck Mikolajczak

    long island (Reuters) - Wall road retreated on Wednesday, pulled lessen by weakness within the materials and healthcare sectors as investors endured to weigh the possibility of an pastime cost hike in the coming months.

    Healthcare <.SPXHC> shares, off 1.6 percent, noticed their biggest drop in view that June 24. They were dragged lower through a 5.4-p.c drop in Mylan (NASDAQ: MYL) to $forty three.15 as political pressure established on the business within the wake of cost increases for its EpiPen hypersensitivity medication.

    substances <.SPLRCM> were down 1.2 % as names similar to Newmont Mining (NYSE: NEM) and Freeport-McMoRan (NYSE: FCX) had been the worst performing names on the S&P 500, dropping greater than 7 p.c. Gold fell to a one-month low on a firmer dollar.

    The market is anticipating Federal Reserve Chair Janet Yellen's speech in Jackson gap, Wyoming, on Friday for perception on the direction of monetary coverage.

    fresh hawkish feedback from some Fed officers, together with vp Stanley Fischer, have raised expectations that Yellen may signal a hike in September.

    "The market during the last a couple of weeks has been in a conserving sample, definitely not doing tons of anything and the reason for this is everybody is ready to hear what Yellen goes to assert," talked about Peter Cardillo, chief market economist initially average fiscal in ny.

    "Of route the markets might get shocked. The markets are searching for readability and we'd now not get readability."

    The benchmark S&P 500 has now not considered a move of more than 1 percent in both path on a closing basis on the grounds that July eight.

    Expectations for a rate hike in September are at 18 %, up from 12 % at the conclusion of last week, in accordance with CME neighborhood's FedWatch. the odds of a hike in December are slightly greater than 50 p.c.

    whereas Wall highway is buying and selling close checklist ranges, volumes have been under commonplace during the past few classes as the U.S. earnings season winds down and traders keep away from predominant bets unless a clearer image on monetary policy emerges.

    The Dow Jones industrial average <.DJI> fell sixty five.82 points, or 0.35 percent, to 18,481.48, the S&P 500 <.SPX> misplaced eleven.forty six aspects, or 0.fifty two p.c, to 2,175.forty four and the Nasdaq Composite <.IXIC> dropped 42.38 facets, or 0.eighty one percent, to five,217.70.

    specific Inc (NYSE: EXPR) plunged 25.5 % after the apparel maker slashed its full-12 months revenue outlook.

    Declining concerns outnumbered advancing ones on the NYSE by means of a 2.39-to-1 ratio; on Nasdaq, a 1.ninety six-to-1 ratio liked decliners.

    The S&P 500 posted 16 new fifty two-week highs and no new lows; the Nasdaq Composite recorded a hundred new highs and 19 new lows.

    About 6.09 billion shares changed fingers in U.S. exchanges, in comparison with the 6.26 billion every day usual over the last 20 periods.

    (Reporting by means of Chuck Mikolajczak; modifying through Nick Zieminski)

    Monday, August 22, 2016

    ny Launch of Dive In competition rallies assurance leaders to make their organizations healthy for the future

    new york, Aug. sixteen, 2016 /PRNewswire/ -- On the heels of a successful inaugural Dive In pageant for variety & Inclusion in assurance, held in London in 2015, the ny assurance group has come together to deliver Dive In to long island. The new york-based experience is one in every of greater than forty five activities so that you can take location over three days from September 27 to 29, 2016 in 16 cities across Australia, Bermuda, Canada, China, France, eire, Singapore, Switzerland, in addition to numerous cities within the UK and the united states. this type of presence makes Dive within the handiest foreign, sector-huge, concurrent range and inclusion experience of its type any place on this planet.

    "Leveraging diversity of idea" is the theme of the manhattan adventure with a view to discover how a deep figuring out of the mind and human conduct can aid you construct and lead distinctive groups that may increase innovation and help manipulate chance.

    Dive In ny has received an outpouring of assist from trade leaders together with Allianz global corporate & distinctiveness, Aon Hewitt, Beecher Carlson, Chubb, The insurance Supper club, Lloyd's, Marsh, QBE, Willis Towers Watson, WING and XL Catlin.

    Dominic Christian, Chair of Inclusion@Lloyd's, CEO of Aon UK, and President of the assurance Institute of London, commented: "the primary Dive In festival verified there become large appetite in the wider assurance sector to collaborate round an adventure to deliver broader attain and greater have an effect on, elevating the fact that diversity and inclusion are respectable for business. The message is that changing habits, no longer simply attitudes, in an effort to improve fine commercial results, understand productivity good points and increase innovation in the industry."

    XL Catlin is a platinum degree sponsor of Dive In, and CEO Mike McGavick helped body the business case for distinct and inclusive workplaces commenting,  "We know that superior perception simplest comes from harnessing distinct experiences and methods of pondering, that could only stem from fostering and strengthening a diverse, inclusive and welcoming body of workers in our organizations and the assurance trade. we are excited to be a part of the dialog in big apple and the world over to give a boost to our industry's dedication to diversity and inclusion throughout all sectors and management levels."

    About Dive In

    Dive In is an initiative of Inclusion@Lloyd's, a strategic collaboration between the service provider of Lloyd's, IUA, LIIBA, and the Lloyd's Market affiliation. It became launched in 2015 and has picked up varied awards as a variety Champion and for worker Engagement.

    The manhattan Dive In pageant committee is supported by using Allianz global company & specialty, Aon Hewitt, Beecher Carlson, Chubb, The assurance Supper membership, Lloyd's, Marsh, QBE, Willis Towers Watson, WING and XL Catlin. All hobbies are open to each person who works within the assurance business to attend free of charge with prior registration. For more tips please contact Lizzie Lowe – lizzie.lowe@lloyds.com – 212-382-4082. To down load the app seek advice from: www.diveinfestival.com.

    To view the fashioned edition on PR Newswire, seek advice from:http://www.prnewswire.com/news-releases/new-york-launch-of-dive-in-pageant-rallies-assurance-leaders-to-make-their-agencies-fit-for-the-future-300314044.html

    New Clues within the secret of women’s Lagging existence Expectancy

    WASHINGTON — it is now a grim indisputable fact that the life expectancy of yank girls is stagnant, but the cause of this is still a secret.

    A crew of researchers has now come up with an important clue: where girls reside concerns just as plenty as who they're. in fact, in a look at to be posted this week in SSM population fitness, they discovered that many average demographic features — even if a girl is rich, poor, unemployed, working, single or married — could no longer be as vital as the state wherein she lives.

    using new state-by means of-state records collected by means of the federal government, researchers found that a state's financial and social environment — from its welfare policy and tobacco ta x fee, to the strength of social ties through activities golf equipment and churchgoing, to the degree of financial inequality — had a big effect on women's life spans.

    that might no longer be mainly outstanding on its own. The value of vicinity for mortality prices within the united states is smartly documented. but the new analysis discovered that the adjustments in male mortality had a ways less to do with the social and economic ambiance, an unexpected discovering.

    "What's basically wonderful is that ladies are more susceptible than men," talked about Lisa Berkman, director of the Harvard center for population and construction experiences. "We didn't recognize that earlier than. It says whatever thing about women during this era."

    within the 1970s, American ladies had been roughly within the middle of the pack of wealthy countries in terms of life expectancy, however now they are close the backside. Researchers have puzzled over why; the common explanations — smoking, weight problems — account for only part of the decline.

    guys have additionally not fared neatly, however have not lagged just about as a great deal as girls. girls have always had longer life expectancy than guys, and nonetheless do, though much less so than 30 years in the past.

    Two major social changes which have transformed ladies's lives because the Seventies might also grasp some solutions: girls went to work en masse, and a lot of greater of them all started to carry toddlers on their own. This has been whatever of a double shift, Professor Berkman pointed out, chiefly for low- and center-earnings American women, lots of whom aren't covered by means of maternity and parental leave policies.

    Jennifer Karas Montez, an assistant professor of sociology at Syracuse institution and one of the examine's authors, observed the findings "point to an ideal storm of eroding social and financial helps on the state and federal stage at a time when many americans, mainly ladies, are struggling to find good jobs and raise families on their personal."

    The researchers used data from the country wide Longitudinal Mortality examine, a extensive federal survey of tens of millions of americans. They checked out 21 state-stage traits, including policies like the earne d-salary tax credit, which rewards americans for working through refunding a part of their taxes. (About half of the states have an earned-salary tax program that goes beyond that of the federal executive, Professor Montez pointed out.)

    The researchers additionally checked out spending on education and tobacco guidelines, like taxes on cigarettes. They factored in degrees of financial inequality and social factors like guide among neighbors and civic corporations. Social elements are improved in rural states, Professor Montez referred to.

    The states that had the top-quality scores for social and financial context have been Hawaii, Nebraska, New Hampshire, North Dakota, South Dakota and Vermont. The states that did the worst had been Alabama, Florida, Louisiana, Mississippi and long island. (big apple made the list as a result of its high rate of revenue inequality, Professor Montez referred to. Inequality tends to head together with larger mortality.)

    lots of the states that had the premier economic and social scores had the bottom average mortality for girls: Hawaii, Minnesota, Nebraska, North Dakota and South Dakota. and many with the lowest social and financial scores had the highest mortality: Nevada, Tennessee, Virginia, West Virginia and Wyoming.

    "There is this colossal and growing to be difference in mortality between states, and that i don't think anyone's received a very good reason for it," referred to John G. Haaga, director of the Division of Behavioral and Social analysis on the national Institute on aging. "We've considered this pulling apart."

    Dr. Haaga spoke of the style was perplexing because it had took place over a period of time when Medicare and Medicaid, federal medical health insurance classes that gave tens of millions of americans coverage beginning within the Nineteen Sixties, should were making mortality prices in states extra equal.

    "Some states are taking advantage of the health improvements of the prev ious 50 years, but others are caught," he noted.

    Kate W. Strully, an associate professor of sociology at the State tuition of big apple at Albany, said the findings were a counterpoint to the prevailing wisdom about public fitness these days.

    "The message you are at all times getting is that your fitness is all about your own behaviors: even if you go to the health club, what you put for your mouth," she referred to. "This builds a case that on occasion americans's environments are only as crucial as their individual behaviors."

    continue studying the leading story