American Airlines asks to end retiree health, life benefit coverage NEW YORK—American Airlines Inc. and parent company AMR Corp. have filed suit in U.S. Bankruptcy Court asking for a ruling to allow the airline to stop providing retiree health and life insurance to current retirees. In its suit filed Friday in U.S. Bankruptcy Court for the Southern District of New York, American and AMR said they never promised to provide benefits for life and reserved their rights to modify the plans. “Because the retiree health and welfare benefits are not vested, and because modifying retiree health and welfare benefits to reduce costs fall within American's sound business judgment, American may...
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Job Information Location: DFW Headquarters Building 8 (DFW-SV08) Additional Locations: Dallas/Ft Worth, TX Are you ready to explore a world of possibilities, both at work and during your time off? Join our American Airlines family, and you’ll travel the world, grow your expertise and become the best version of you. As you embark on a new journey, you’ll tackle challenges with flexibility and grace, learning new skills and advancing your career while having the time of your life. Feel free to enrich both your personal and work life and hop on board! This position is a member of the Information Technology Team, within the RPT Commercial Data Engineering & Business Analytics group...
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American Airlines Inc. has agreed to settle a 401(k) self-dealing lawsuit for $22 million, one of the largest monetary settlements reached in similar class-action litigation. Plaintiffs brought the suit, Main et al v. American Airlines Inc. et al, in April 2016. They alleged defendants breached their fiduciary duties under the Employee Retirement Income Security Act of 1974 by selecting and retaining high-cost mutual funds offered by American Beacon, an investment manager affiliated with American Airlines. Plaintiffs claimed American Airlines profited at plan participants’ expense. Matt Miller, a spokesman for American Airlines, said the funds at issue in the lawsuit were removed in...
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How to Leave Your Family $2 Million Virtually What happens to your family if you pass away unexpectedly? Sure, it’s tough to think about but it might be even more difficult to imagine your family facing financial hardship when you die. A life insurance policy can ensure that your family is taken care of if the unthinkable happens. It’s easy to sign up for life insurance and we’ll show you how simple it can be. Life Insurance Goes Virtual What’s one thing people most often associate with life insurance? That’s right — medical exams. Needle pokes, blood tests and urine samples with a stranger in your home: Yikes! That’s all in the past, thanks to...
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Sapiens Files Annual Report on Form 20-F for the Year Ended December 31, 2019 HOLON, Israel, April 8, 2020 /PRNewswire/ -- Sapiens International Corporation N.V. (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the U.S. Securities and Exchange Commission (the "SEC"). The annual report on Form 20-F, which contains Sapiens' audited financial statements, can be accessed at the SEC's website at http://www.sec.gov, as well as via the Company's investor relations website at https://www.sapiens.com/investor-relations/sec-filings...
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Maynard's Obituary The heavenly choir sounds a little sweeter today, a little richer. Maynard Odell Tingelstad, 88, of Grand Forks, passed away on Wednesday, January 8, 2020 at Altru Hospital. Maynard’s love of music was evident all through his life singing solos, duets, traveling with the Ambassadors from Dakota Lutheran, the Concordia concert choir, church choirs culminating with the male quartet, The Messengers, from University Lutheran Church. He always sang sacred music – wanting to bring the message of his Lord and Savior, Jesus Christ. Maynard was born on the family farm north of St. John, ND the son of Melvin and Olga (Holum) Tingelstad. He grew up there and attended...
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John Hancock Hedged Equity & Income Fund and John Hancock Financial Opportunities Fund Release Earnings Data BOSTON, Jan. 16, 2020 /PRNewswire/ - John Hancock Hedged Equity & Income Fund (NYSE: HEQ ) and John Hancock Financial Opportunities Fund (NYSE: BTO ) announced earnings for the three months ended December 31, 2019. The same data for the comparable three months ended December 31, 2018 is also available below. Amounts distributed by the Funds may vary from the earnings shown above and will be announced in separate press releases. Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You...
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Gerber is most well-known for their baby foods, but they also offer life insurance for children. While we sincerely hope none of you ever have to use the service. For those who need to make a payment on their account, use one of the methods discussed below. Online Payments for Gerber Life Insurance Enrolling your account online is required before you can make Gerber Life Insurance payment over the internet on the premium or balance due. To enroll online for your account through the company, head over to the web address www.gerberlife eservice and fill out the forms as required to get your log in information set up. After creating your account, you can make your Gerber Life insurance online...
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$0.13 dividends just around the corner for Summit Financial Group Inc (NASDAQ:SMMF) shareholders. Investors sentiment decreased to 0.73 in Q1 2018. Its down 1.27, from 2 in 2017Q4. It dropped, as 2 investors sold Summit Financial Group, Inc. shares while 24 reduced holdings. 5 funds opened positions while 14 raised stakes. 2.88 million shares or 3.04% more from 2.80 million shares in 2017Q4 were reported. Kennedy Capital Mngmt accumulated 0.06% or 126,740 shares. Philadelphia Company stated it has 0.04% of its portfolio in Summit Financial Group, Inc. (NASDAQ:SMMF). Fifth Third Commercial Bank has invested 0.01% in Summit Financial Group, Inc. (NASDAQ:SMMF). Moreover, Cornercap Invest...
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Citigroup Keeps The “Buy” Rating They’ve had for Anglo American PLC (LON:AAL) Shares Investors sentiment increased to 0.83 in Q1 2018. Its up 0.09, from 0.74 in 2017Q4. It improved, as 56 investors sold Anglo American plc shares while 172 reduced holdings. 60 funds opened positions while 129 raised stakes. 367.01 million shares or 1.09% less from 371.06 million shares in 2017Q4 were reported. Moreover, Hourglass Capital Ltd Llc has 3.06% invested in Anglo American plc (LON:AAL) for 257,676 shares. Sumitomo Mitsui stated it has 390,517 shares or 0.03% of all its holdings. Federated Inc Pa accumulated 0% or 17,717 shares. Moreover, Ameritas Invest Prns Inc has 0.04% invested in...
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