Life

Sagicor Life Insurance Company and Vida Life Announce Partnership

SCOTTSDALE, Ariz., Sept. 14, 2020 /PRNewswire/ — Sagicor® Life Insurance Company (Sagicor) and Vida Life (Vida) are pleased to announce that they have entered into a strategic partnership. Sagicor’s products and industry-leading Accelewriting® underwriting process combined with Vida’s insights in creating a quality bi-lingual experience will allow both companies to provide a new, innovative life insurance purchasing experience. Together, they will provide individuals with the opportunity to purchase insurance products that will protect them, help them to grow, and allow them to give back to their communities.

“This partnership supports Sagicor’s continued commitment to innovative life insurance products that are easily accessible to our family, friends, and neighbors,” said Bart Catmull, President and Chief Operating Officer. “With Vida’s advanced relationships in the Hispanic community and Sagicor’s solutions, we have a unique opportunity to continue to provide growth and protection to our customers

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IRS Updates Life Insurance Company Reserve Regulations

(Credit: Allison Bell/ALM)

The Internal Revenue Service — an arm of the U.S. Treasury Department — has completed work on two documents that might, or might not, increase U.S. life insurance companies’ federal income taxes.

One document is a set of final regulations, “Computation and Reporting of Reserves for Life Insurance Companies.” The IRS is in the process of putting the regulations into effect, by getting the regulations published in the Federal Register.

The regulations affect what happens to life insurers’ income taxes when the insurers change the methods they use to account for the reserves supporting life insurance benefits obligations, annuity benefits obligations, and other obligations.

The other document, IRS Revenue Ruling 2020-19, governs when a reserving change a life insurer makes is significant enough to count as a “change in basis” for income tax calculation purposes. That document is supposed to help life insurers apply the new final

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Small business owner, school board member Lisa Baird ready for next chapter of her life

HENDERSON, Ky. – After 16 years as a small business owner and 12 years as a member of the Henderson County School Board, Lisa Baird is preparing to step away from both.



a man and a woman standing in front of a table: Lisa Baird, owner of C&C Custom Framing, points out picture frame samples to be removed, to friend Lorna Littrell who is helping with the close-out of the shop she has run for 16 years, Tuesday, September 8, 2020.


© MIKE LAWRENCE / THE GLEANER
Lisa Baird, owner of C&C Custom Framing, points out picture frame samples to be removed, to friend Lorna Littrell who is helping with the close-out of the shop she has run for 16 years, Tuesday, September 8, 2020.

Baird took over the already established C&C Custom Framing in 2004. After more than 45 years in operation, C&C will close its doors at the shop on Ninth Street on Oct. 1.

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Baird’s background had prepared her to take over the business that had been started by sisters Charlene Corley and Sue Chapman in the 1970s.

“Charlene had been working for her uncle cutting glass and doing mats. He owned a glass

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‘He does not deserve to have his entire life destroyed’



Conservative group at Arizona State raises money for alleged Kenosha shooter: 'He does not deserve to have his entire life destroyed'


© Provided by The Hill
Conservative group at Arizona State raises money for alleged Kenosha shooter: ‘He does not deserve to have his entire life destroyed’

A conservative student group called College Republicans United at Arizona State University is raising money for the teen suspected of killing two people and injuring another at a protest in Kenosha, Wis., this week.

“Half of all funds collected this semester for Republicans United will be donated to 17-year-old Kyle Rittenhouse legal defense fund,” a tweet by the group said Thursday. “He does not deserve to have his entire life destroyed because of the actions of violent anarchists during a lawless riot.”

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China Life Insurance Company Limited Announces 2020 Interim Results (H Shares)

HONG KONG, Aug. 26, 2020 /PRNewswire/ — China Life Insurance Company Limited (SSE: 601628, SEHK: 2628, NYSE: LFC) announces the unaudited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the six months ended 30 June 2020 (the “Reporting Period”) prepared under the International Financial Reporting Standards today.

Business Overview of the First Half of 2020 

2020 is the crucial year when the strategic deployment of China Life Revitalization advanced to a critical stage of breakthrough. In the first half of the year, facing various challenges from the COVID-19 pandemic and economic downturn, the Company pursued the fundamental requirements of high-quality development, adhered to the strategic core of “centering on customers and basic operational units, focusing on business value and individual agent business sector” (“Dual Centers and Dual Focuses”), and concentrated on the operational guideline of “prioritizing business value, strengthening sales force, achieving stable

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