first_imgSpeaker Shap Smith today announced the appointment of Representative Michael Fisher as the chair of the House Committee on Health Care.  Fisher, the current vice chair of the committee, replaces former Representative Mark Larson who resigned from the legislature in August to become the Commissioner of the Department of Vermont Health Access. Representative Sarah Copeland-Hanzas will become the committee’s vice chair. ‘Mike has been a leader in the House for over a decade.  His expertise in the field of health and human services is vast, and his enthusiasm to tackle the barriers to the access of quality affordable health care for Vermonters is unparalleled,’ said Speaker Smith.  ‘The legislature made great strides last year and Mike’s leadership was crucial to those efforts.  His leadership will be needed as we continue to move forward with health care reform.’ Rep. Fisher has been a member of the legislature since 2001, representing the towns of Bristol, Lincoln, Monkton and Starksboro. He served as the vice chair of the House Committee on Human Services from 2007-2010 and as vice chair of the House Committee on Health Care during the 2011 session.  Rep. Fisher works as a social worker in Addison County, having earned a masters degree in social work from the University of Vermont. ‘I am excited to continue to advance our state’s health care reform efforts,’ said Rep. Fisher.  ‘Reducing health care costs and improving access to quality care is vital to the health and economic wellbeing of the state, and I am confident in the ability of the committee to dig into that work.’ Rep. Copeland-Hanzas has represented the towns of Bradford, Fairlee, and West Fairlee since 2005.  She has been a member of the House Committee on Health Care for the past five years, and has served as Deputy Assistant Majority Leader since 2009.  Rep. Copeland-Hanzas is a small business owner, operating The Local Buzz Cafe in Bradford. ‘The House Health Care Committee has led the way in health care reform over the past two years,’ said Speaker Smith. ‘I am confident that Mike and Sarah will be a strong leadership team and look forward to seeing the progress of the committee.’last_img read more

first_imgApr-18 Consultancy firm LCP, which advised the Littlewoods trustees, said the deal would help to improve the scheme’s funding position as well as helping to reduce its downside risks. PIC Marks & Spencer 450 The trustees of the Littlewoods Pensions Scheme (LPS) have sealed an £880m (€1bn) pensioner buy-in deal with Scottish Widows in the latest sign of an increasingly buoyant bulk annuity transfer market.Under the terms of the transfer, the risks associated with 60% of the scheme’s liabilities have passed to the Edinburgh-based life insurance and pension company, which will now provide a monthly income to the trustee on behalf of the fund’s approximately 7,000 members.The move represents Scottish Widows’ largest bulk annuity transfer to date. So far the insurer has completed 17 deals, accounting for more than 25,000 pension scheme members.Colin Thwaite, chairman of the trustees for the scheme, said: “The attractive pricing of the transaction has closed the gap to being fully funded and further reduces the risk profile of our investments to meet members’ pensions.” Buy-in Prudential Longevity swap May-18 Rothesay Life Aviva Sea Containers 1983 Scheme 150 May-18 Post Office Rothesay Life Feb-18 Unnamed scheme L&G Rothesay Life Toshiba Buy-in Buy-in Feb-18* Marks & Spencer 140 Feb-18* Mar-18 Buy-in Feb-18* Credit: Ben Sutherland Littlewoods was broken up in 2004 and is now part of Shop Direct“Our role as specialist adviser is to get the focus of insurers who are choosing where to allocate their best pricing,” said David Stewart, partner at LCP.  “The pricing negotiated surpassed the trustee’s original expectations and moves them significantly forwards towards full de-risking.”More than £19bn of bulk annuity transfer deals, longevity swaps, buy-ins, and buyouts have been struck so far this year, according to JLT Employee Benefits. The figure is fast approaching the total £21bn worth of transactions realised in 2017. A decade ago approximately £8bn was transferred, with the market peaking in 2014 at £34bn.This year’s tally was boosted significantly by Rothesay Life’s £12bn acquisition of part of Prudential annuity book in the first quarter.There has also been a series of transfers in excess of £1bn struck in the early months of 2018, including the £2bn National Grid Electricity Group longevity swap with Zurich and Canada Life Re; and the £1.4bn Marks and Spencer buy-in deal, which was split between Aviva and Phoenix.JLT said that the average transfer size had also risen since 2017. “Deals executed last year ranged from £100m-£900m, with no individual transaction exceeding £1bn,” the company said.“Current insurer pricing is providing an attractive entry point for schemes across the market, with improving funding levels and rising sponsor interest feeding trustee demand.”Transactions announced in 2018: Bulk annuity back book Kingfisher PIC National Grid Electricity Group PPF+ Feb-18 WPP (five schemes) Aviva Buyout 2,000 Source: JLT Employee Benefits* Although announced in February 2018, transactions marked with an asterisk traded in the second half of 2017 May-18 475 DateScheme / FirmInsurerSize (£m)Type of transaction 209 Zurich/Canada Life Re 12,000 170 925 Phoenix Buyout 190 PPF+last_img read more

first_imgJessica Sibley’s pair of second-period goals led Syracuse (6-7-1, 4-1-1 College Hockey America) to a 5-1 victory over RIT (3-11, 0-6), its second victory over its conference rival this season.Nicole Ferrara led the way for the SU in the first period. The captain’s breakaway goal 10 minutes into the contest gave Syracuse a 1-0 lead, and the Orange wouldn’t look back.Sibley scored her first goal of the game with 11 minutes remaining left in the second period, beating RIT defender Haley Northcote with a goal that trickled through goalie Jenna de Jonge’s legs.Stephanie Grossi scored her sixth goal of the season on a backhanded shot with four minutes remaining in the second period, while Sibley would score again with five seconds left before the second intermission.Syracuse’s four goals matched RIT’s four shots on goal at the end of the second period.AdvertisementThis is placeholder textTwo freshmen scored their first collegiate goals in the third period. SU’s Allie Munroe found the net four minutes into the final period, while RIT’s Brooke Baker scored with 10 minutes left in regulation.Sibley had a game-high three points on two goals and one assist.The Orange plays its 12th road game of the season on Friday, facing Colgate at 7 p.m. Comments Facebook Twitter Google+ Published on November 18, 2015 at 9:36 pm Contact Chris: cfthomse@syr.edulast_img read more

first_img Speaking to national media, Lega MP Giancarlo Giorgetti – Italy’s current undersecretary for sports – has stated that the Lega-5Star coalition government will likely implement a ban on amateur sports wagering.Giorgetti underlines that Lega-5Star’s ‘Dignity Decree’ mandate on reforming Italian society has solely impacted betting/gambling operators at a market level, but that tougher policies are needed to wipe-out sports corruption.The sports secretary’s comments follow an investigation by the Corriere della Sera newspaper, which revealed that wagers had been accepted by ADM-licensed bookmakers on markets involving ‘amateur classified’ and underage athletes.Corriere della Sera’s investigation comes as Lega-5Star pressure Italian Economic Minister Giovanni Tria to place the ADM as Italian gambling regulator under review.Updating the media, Giorgetti states that coalition government is ‘ready to take action’ on the matter, further outlining that Lega-5Star have consulted the Magglingen Convention to draw provisions on preventing, identifying and punishing sports manipulations attached to sports betting.“The issue is particularly close to my heart,” said Giorgetti. “We have partially faced the problem by adopting the Dignity Decree. I aim to ban the bets on amateur sports because amateurs and young people are more vulnerable.“Do consumers want to bet? That’s fine, but only on professional sports, for obvious reasons. I am in touch with Benedetto Mineo, Managing Director at the Agency of Customs and Monopolies, to set up new rules on this issue. I am convinced  that we will achieve a result, but of course, it is a rocky road.”Moving forward, Italian betting and sports representatives will likely demand that Lega-5Star clarify the board terminology attached to defining amateur sports and athlete classifications. Share StumbleUpon TVBET passes GLI test for five live games in Malta and Italy August 25, 2020 Related Articles Share Italian bookmakers face cruel summer as ADM sanctions shop closures July 27, 2020 CT Gaming bolsters Italian profile with The Betting Coach  August 27, 2020 Submitlast_img read more