Following the death of a husband who purchased an annuity to help his wife become eligible for Medicaid benefits, the commonwealth was entitled to the remainder of the annuity, the Supreme Judicial Court has ruled. Robert G. Hamel purchased the annuity from Nationwide Life Insurance Company to help his wife, Joan Hamel, become eligible for
AM Best Affirms Credit Ratings of Nationwide Mutual Insurance Company and Its Key Operating Subsidiaries streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Adrienne Harris, superintendent of the New York State Department of Financial Services, previewed the agency's upcoming climate guidance in an interview with American Banker. Banks "cannot sacrifice" their fair lending and equity obligations "in order to mitigate climate risk," she said.
/PRNewswire/ Continued financial repercussions from the pandemic, new concerns over market volatility and high inflation are leading two-thirds of Americans.