INSURANCE
INSURANCE
Featured

Navigating Personal Injury Claims with Expert Personal Injury Solicitors in Manchester

Navigating Personal Injury Claims with Expert Personal Injury Solicitors in Manchester

In the bustling heart of England’s North West, Manchester stands as a vibrant city filled with history, culture, and a thriving community. Yet, like any urban area, accidents and mishaps can occur, leading to personal injuries. When such unfortunate events transpire, the assistance of experienced personal injury solicitors in Manchester becomes invaluable. In this blog post, we’ll explore the crucial role these legal professionals play, why you should seek their expertise, and how they can help you secure the compensation you deserve.

Understanding Personal Injury Claims

Before delving into the significance of personal injury solicitors in Manchester, it’s essential to grasp the concept of personal injury claims. Personal injury claims arise when an individual suffers harm due to the negligent actions of another party. These injuries can result from various incidents, including:

Road Traffic Accidents: Manchester’s bustling roads can sometimes be the site of unfortunate accidents, leading to injuries such as whiplash, fractures, or more severe trauma.

Slip and Fall Accidents: Whether in a commercial establishment, public area, or private property, slip and fall accidents can result in injuries ranging from sprains to head injuries.

Workplace Injuries: Manchester’s diverse workforce faces various occupational hazards. Personal injury solicitors can help employees seek compensation for injuries sustained on the job.

Medical Malpractice: In cases of medical negligence or malpractice, individuals may pursue compensation for injuries caused by healthcare providers.

The Role of Personal Injury Solicitors in Manchester

Personal injury solicitors are legal professionals who specialize in helping individuals who have suffered injuries due to the negligence of others. Here are several ways in which they play a crucial role:

1. Legal Expertise:

Personal injury law is complex and ever-evolving. Manchester’s personal injury solicitors possess a deep understanding of this field, staying abreast of legislative changes and precedents. They can navigate the intricacies Read the rest

Featured

What You Need to Know About Healthcare Private Equity

What You Need to Know About Healthcare Private Equity

Healthcare private equity solutions refer to the investment strategies and approaches employed by private equity firms in the healthcare industry. Private equity firms are investment companies that pool capital from various sources, such as institutional investors and high-net-worth individuals, to acquire ownership stakes in private companies. In the context of healthcare, these firms focus on investing in and partnering with healthcare-related businesses to generate financial returns.

Here are some common healthcare private equity solutions:

Leveraged Buyouts (LBOs): Private equity firms acquire a controlling stake in a healthcare company by using a significant amount of debt financing, with the intention of improving the company’s operations, expanding its market presence, and ultimately selling it at a higher value.

Growth Capital Investments: Private equity firms provide capital to healthcare companies that have demonstrated growth potential but require additional funding for expansion. This investment is often used to support research and development, geographic expansion, technology upgrades, or acquisitions.

Recapitalization: Private equity firms restructure the capitalization of a healthcare company by buying out a portion of the existing shareholders, providing liquidity to founders, early investors, or retiring executives. This strategy allows the company to maintain operational control while generating cash for future growth.

Distressed Investing: Private equity firms may invest in financially distressed healthcare companies, which may be experiencing operational challenges or facing significant debt burdens. They aim to turn around these businesses through operational improvements, cost reductions, and strategic restructuring.

Platform-Building and Add-on Acquisitions: Private equity firms establish a “platform” company as a foundation in a specific healthcare sector, such as hospitals, clinics, or pharmaceuticals. They then seek to acquire complementary companies (“add-ons”) to create synergies and expand the platform’s capabilities, customer base, or geographical reach.

Operational Improvement: Private equity firms mainly work together with the management groups of their portfolio corporations to Read the rest

Mobile health units offered in EP | News, Sports, Jobs



  • Stephanie Elverd | May 2, 2023


    EAST PALESTINE — When the Norfolk Southern train derailed on Feb. 3, the Community Action Agency of Columbiana County (CAACC) was among the responding agencies, providing mobile medical care immediately and later joining forces with the Ohio Department of Health to provide care to residents at the East Palestine Health Assessment Clinic in the days following the disaster.

    The agency is returning to the village this month to offer its services again as the village struggles to return to normal in the aftermath of the rail disaster.

    “We were there in East Palestine after the Feb. 3 train derailment and fire by offering our mobile unit and services at the Ohio Department of Health’s-sponsored Health Assessment Clinic, and we have made the commitment to continue to be there for those residents who want and need our services,” said Jenna Wonner, chief operating officer of the CAACC.

    According to a press release from the agency on Monday, “CAACC’s Health, Behavioral Health and Dental Centers Mobile Unit will be making East Palestine its home for a couple days each week starting this month.” The mobile unit will be set up in the parking lot at the First Church of Christ in East Palestine, located at 20 W. Martin St., to provide medical services on Mondays beginning May 8.

    “We’re going to be there on Mondays to offer East Palestine and surrounding area residents some of our primary health services, such as physicals, health check/well child exams, sick visits and lab services,” said Wonner. “We’re thankful to Pastor Bob Helbeck and his congregation at the First Church of Christ for allowing us to have our mobile unit centrally located in East Palestine. This makes it easier for residents to access

    Read the rest

    Healthcare, insurance, HR and a new editor – Grand Forks Herald

    Welcome to the May edition of Prairie Business magazine. This month we feature an interview with North Dakota Insurance Commissioner Jon Godfread, some creative solutions to the region’s health care worker shortage, and how human resources departments handle unlimited PTO, among other topics.

    I’m Carrie McDermott, the magazine’s new editor, and I want to take this time to share a bit about myself.

    I’m a southern California native, from the Riverside area, and graduated from California State University San Bernardino with a bachelor of arts degree in 1992. My goal was to work on magazines. Life had another plan.

    I immediately went to work for a Pulitzer Prize-winning newspaper, The Press-Enterprise, and was bitten by the news bug. During my 17 years there, I worked in news, features, special sections, marketing and even under the business development department, where I worked on websites and special publications. Part of my job assignments included helping produce several community, lifestyle and business-to-business magazines, which satisfied my college dreams.

    My heart eventually brought me to North Dakota, where I worked for a small community paper in Wahpeton called the Daily News, as well as the weekly News Monitor. After 12 years covering the ins and outs of the southern Red River Valley communities, I was ready for a new challenge.

    Prairie Business called and I answered.

    I’m now in Grand Forks and learning all about the large region we cover. I’m looking forward to meeting the business leaders we write about, hearing about your industries and finding out what makes your organizations successful.

    Please continue sending in your employee announcements for our Prairie People section, which are also featured on our website.

    If you’re new to Prairie Business, you can subscribe for free thanks to the support of our dedicated advertising partners. To

    Read the rest

    Gregg commissioners OK change to county employee health insurance | Local News

    The Gregg County Commissioners Court approved a change to employee health insurance Thursday despite a concern raised among some members about a lack of time to perform research.

    Commissioners heard from Dawn Brinson with Brinson Benefits, a consultant that’s worked with the county for two years.

    The item from Brinson that generated the most discussion was whether the county should award a contract for medical and dental plan administration to Blue Cross Blue Shield (BCBS).

    Gregg County Judge Bill Stoudt said the county has contracted with Healthcare Highways for two years and has received numerous complaints from employees about the company and its delay in processing claims.

    County employees were being contacted by their health care providers to ask why payment hadn’t been made, he said.

    “Healthcare Highways was not processing (claims), and they were bundling them up. Instead of doing it for every one, they’d wait till they got hundreds and then they’d process it,” Stoudt said.

    He appointed a committee made up of himself, human resources, purchasing, auditing and Brinson to consider options for the county’s health care administrator.

    And in January, Brinson was instructed to seek bids for a company that could replace Healthcare Highways, Stoudt said.

    According to Stoudt, 33 companies submitted bids — the most it’s ever received for an employee insurance contract.

    Three weeks ago, Brinson presented the bids to Stoudt and offered to seek a lower price if he was willing to “press the time.” He agreed and told her to seek a lower bid.

    Pct. 3 Commissioner Floyd Wingo said the packet of information regarding the insurance change had only been given to commissioners two days before Thursday’s meeting, and he believed there wasn’t enough time for them to make an informed decision. Wingo questioned why commissioners weren’t told about the

    Read the rest

    Washington Insurance Commissioner Will Not Seek Reelection

    OLYMPIA, Wash. (AP) — Longtime Washington state Insurance Commissioner Mike Kreidler said Monday he would not seek reelection.

    Kreidler’s announcement comes about a year after Gov. Jay Inslee and bipartisan legislative leaders called for his resignation over accusations from former employees that he used racist slurs and was demeaning or rude toward staff members, The Seattle Times kreidler-will-not-seek-reelection/”reported.

    “Serving alongside you as Insurance Commissioner for Washington state has been, and continues to be, the greatest honor of my life,” Kreidler, 79, said in an email to the staff Monday. “I’ve always said it was the best job I’ve ever had, and I still feel that way today.”

    Kreidler, a Democrat, was elected in 2000 and previously served one term in Congress.

    Last year, a half-dozen potential and former employees washington-a49a2d526ffb8590461edafc44eb84ab”disclosed instances from 2017 to 2022 when Kreidler was demeaning or rude, was overly focused on race, and used derogatory terms for transgender people and people of Mexican, Chinese, Italian or Spanish descent, as well as asking some employees of color for unusual favors.

    Political Cartoons

    Inslee had said the events demonstrated Kreidler is “unable to fulfill his leadership responsibility” and should resign.

    “Commissioner Kreidler assured his employees and the public he would work to improve his relationship with staff, but instead he terminated an employee who spoke out about these issues,” Inslee said at the time.

    Republican and Democratic leaders in the state Legislature made similar calls.

    Kreidler, however, chose to remain in office.

    “I take full responsibility for my past behavior and recognize the impact it has had on those around me and the people I serve,” he said last year. “I have pledged to do better and stand by that commitment.”

    The insurance commissioner is the top state regulator of Washington’s insurance industry,

    Read the rest

    Oregon House passes bill expanding abortion, trans health care

    The bill has sparked fervent debate, particularly regarding abortion access for minors. It would allow doctors to provide an abortion to anyone regardless of age.

    SALEM, Ore. — Oregon lawmakers have advanced a sweeping bill intended to protect abortion and gender-affirming health care for transgender people by boosting legal safeguards and expanding access and insurance coverage.

    Democratic representatives on Monday night passed the bill along party lines in a House floor vote that stretched for roughly six hours after Republicans sought to stall it.

    Citing concerns about the wide-ranging scope of the bill — which addresses topics from minors’ access to abortion to emergency contraception at university student health centers to insurance coverage for gender-affirming care procedures — Republicans sought through various motions to send the bill back to different policy committees, delay the vote until next month and postpone it indefinitely.

    Republican state Rep. Lily Morgan was among those who spoke in favor of its postponement.

    “It would give us the time to address some of the concerns brought up today, and if nothing else have an honest discussion around them,” she said.

    Republicans said they were frustrated that the bill, which has sparked fervent debate, only received one public hearing. The emotionally charged hearing at the state Capitol in Salem in March lasted several hours with dozens of people testifying in person. Hundreds more submitted written testimony both for and against it.

    Democrats said the bill has been drafted over the past year and came out of a work group that was convened after the Supreme Court overturned the Roe v. Wade decision.

    “This bill is the result of a year-long collaboration between dozens of legislators and stakeholders including patients, providers, advocates, community groups, and legal experts. It protects, strengthens, and expands safe, equitable access to

    Read the rest

    AM Best Downgrades Credit Ratings of Accuro Health Insurance Society Limited

    SINGAPORE, April 28, 2023–(BUSINESS WIRE)–AM Best has downgraded the Financial Strength Rating (FSR) to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb” (Fair) from “bbb-” (Good) of Accuro Health Insurance Society Limited (Accuro) (New Zealand). The outlooks of these Credit Ratings (ratings) have been revised to stable from negative.

    The ratings reflect Accuro’s balance sheet strength, which AM Best assesses as weak, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

    The rating downgrades reflect a deterioration in AM Best’s view of Accuro’s balance sheet fundamentals. The company’s risk-adjusted capitalisation for fiscal-year ended 31 August 2022, as measured by Best’s Capital Adequacy Ratio (BCAR), fell to adequate from strong at the previous year end. Accuro’s risk-adjusted capitalisation is expected to fall to the weak level over the near term, primarily as a result of underwriting growth outpacing the growth in tangible capital. The company has undertaken a substantial investment to upgrade its policy administration system in recent years, which gave rise to material intangible assets relative to its capital base of NZD 11.8 million as of 31 August 2022. Accuro’s prospective capital adequacy is highly sensitive to changes in the development and implementation costs arising from this infrastructure investment, as well as to variations in future earnings.

    AM Best expects Accuro’s regulatory solvency position to remain appropriate, although the company is expected to record a weaker solvency position than previously indicated at fiscal year-end 2023, due to a cyber incident that adversely impacted its cashflow position. AM Best considers Accuro’s financial flexibility to be limited, given its status as a member-owned organisation. However, the company has the ability to make rate adjustments on relatively short notice to support profitability, if required.

    Read the rest

    Star Health and Allied Insurance Company stocks: Buy Star Health and Allied Insurance Company, target price Rs 650: ICICI Direct

    ICICI Direct has buy call on Star Health and Allied Insurance Company with a target price of Rs 650. The current market price of Star Health and Allied Insurance Company is Rs 586.55.

    Star Health and Allied Insurance Company, incorporated in the year 2005, is a Large Cap company (having a market cap of Rs 34124.10 Crore) operating in Financial Services sector.

    Star Health and Allied Insurance Company key Products/Revenue Segments include Premiums Earned, Interest & Dividend and Income From Sale Of Share & Securities for the year ending 31-Mar-2022.

    Financials

    For the quarter ended 31-12-2022, the company has reported a Standalone Total Income of Rs 3074.37 Crore, up 2.39 % from last quarter Total Income of Rs 3002.62 Crore and up 13.40 % from last year same quarter Total Income of Rs 2711.01 Crore. Company has reported net profit after tax of Rs 210.47 Crore in latest quarter.

    The company’s top management includes Mr.Venkatasamy Jagannathan, Mr.Utpal Hemendra Sheth, Mr.Deepak Ramineedi, Mr.Berjis Minoo Desai, Mr.Rajeev Krishnamuralilal Agarwal, Mr.Rajni Sekhri Sibal, PadmashriKaarthikeyan Devarayapuram Ramasamy, Ms.Anisha Motwani, Mr.Rohit Bhasin, Mr.Anand Shankar Roy, Dr.Subbarayan Prakash, Mr.Sumir Chadha. Company has V Sankar Aiyar & Co. as its auditors. As on 31-03-2023, the company has a total of 58 Crore shares outstanding.

    Investment Rationale

    Market leader in retail health insurance segment (~33% market share) with potential for sustained business growth and, thus, earnings trajectory.

    Promoter/FII Holdings
    Promoters held 58.28 per cent stake in the company as of 31-Mar-2023, while FIIs owned 35.24 per cent, DIIs 1.44 per cent.

    (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and … Read the rest

    Health Ministry Abolishes Taxes on Insurance for Select Kenyans

    Health Cabinet Secretary Susan Nakhumicha Wafula on May 1, announced that the government had in the next budget provided tax exemption on medical insurance for retired employees.

    In an interview on the sidelines of Labour Day celebrations at Uhuru Gardens, Nakhumicha stated that the exemption would also apply to companies manufacturing vaccines and biopharmaceuticals.

    The CS explained that the move was a significant step towards safeguarding the well-being of our retired workforce and promoting the production of life-saving healthcare products.

    “We have put in the palace a tax exemption for payment of interest for those who have retired which means that their payment for medical insurance will be exempted from interest.

    Health CS Susan Nakhumicha speaking during familiarisation engagement with the National Assembly Departmental Committee on Health on Saturday, April 15, 2023.

    Photo

    Ministry of Health

    “We have also exempted interest for companies that are going to manufacture vaccines and pharmaceuticals. Anybody who wants to manufacture the vaccines is exempted from some sort of interest on their royalties,” the CS stated

    In addition, Nakhumicha revealed that the government had plans in place to operationalise an advisory council to address the concerns of healthcare workers in Kenya and submit recommendations.

    “The president stated that he will not go back on the benefits of the devolution and will ensure that healthcare workers get their salaries.

    “For now, as the Ministry of Health we are operationalising the Kenya Health Human Resource Advisory Council that will deal with the issues affecting healthcare workers and submit recommendations,” the CS noted. 

    On Friday, April 14, healthcare workers across the country announced that they would down their tools over delayed March salaries. 

    They noted that their woes had become unbearable since they, too, had bills to pay and families to take care of.

    “Occasional delays in

    Read the rest