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21.04.26 - 12:36
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Oscar Health, Inc. Appoints Director Siddhartha Sankaran as Independent Chair of the Board (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar” or the “Company”) (NYSE: OSCR), a leading healthcare technology company, today announced the appointment of independent director Siddhartha Sankaran as Chair of the Board, effective June 4, 2026. Sankaran will succeed Jeffery Boyd, who has served as Chair since February 2021 and is not standing for reelection at Oscar Health's Annual Meeting.
Sankaran has more than 20 years of leadership in the insurance industry, serving in executive roles at multiple public companies, including at American International Group, Inc., SiriusPoint Ltd. and FWD Group Holdings Limited. He brings a wealth of expertise from serving on numerous boards. He also contributed to building robust governance practices and standards in his five years of service on Oscar Health's Board.
Mark Bertolini, Oscar Health's Chief Executive Officer, said: "The individual market is the future of healthcare for millions of consumers and businesses. I am thrilled to have Sid le...
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17.04.26 - 03:03
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Why The Crash Was Delayed (ZeroHedge)
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Why The Crash Was Delayed
Authored by Robert Aro via Mises Institute,
Whatever happened to the mother of all crashes that was supposed to arrive when the Federal Reserve began tightening its balance sheet back in 2022? For several years, I've been scratching my head, convinced that draining the balance sheet by trillions of dollars should have triggered a systemic banking failure or some other Black Swan event. In the past, crises like Lehman/AIG or the 2020 lockdowns took the blame, when in reality, the root cause was always monetary.
From the peak in June 2022 to the trough in December 2025, the asset side of the Fed's balance sheet shrank by roughly $2.3 trillion. That was the front door. But through the back door, something else was happening on the liability side: the Fed's Overnight Reverse Repo Facility (RRP) was releasing $2.5 trillion of previously frozen private liquidity back into the financial system.
If Quantitative Tightening (QT) removed liquidity, the RRP added it back.....
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06.04.26 - 23:06
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AIG to Report First Quarter 2026 Financial Results on April 30, 2026, and Host Conference Call on May 1, 2026 (Business Wire)
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NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) will report financial results for the first quarter ended March 31, 2026, after the market closes on Thursday, April 30, 2026. AIG's press release and financial supplement will be available in the Investors section of AIG's website at https://www.aig.com.
AIG will also host a conference call on Friday, May 1, 2026, at 8:30 a.m. ET to review these results. The live, listen-only webcast is open to the public and can be accessed in the Investors section of https://www.aig.com. A replay will be available after the call at the same location.
About AIG
American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in more than 200 countries and jurisdictions protect their assets and manage risks through AIG operations, licenses and authorizations as well as network partners. For additional information, visit www.aig.com. This website with a...
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02.04.26 - 22:18
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SBSB Elevates Attorney Victor Burnette to Partner (Business Wire)
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Promotion strengthens firm's leadership team in HoustonHOUSTON--(BUSINESS WIRE)--Schouest, Bamdas, Soshea & BenMaier PLLC (SBSB) is pleased to announce it has promoted attorney Victor Burnette to partner.
Based in the firm's Houston office, Mr. Burnette handles matters relating to the Defense Base Act (DBA), the Longshore and Harbor Workers' Compensation Act (LHWCA), the Non-Appropriated Funds Instrumentalities Act (NAFIA) and the War Hazards Compensation Act (WHCA).
“Victor joined us as a young associate attorney at our former firm,” said SBSB managing partner John Schouest. “He transitioned over to SBSB when the firm was born and was part of our initial group of 25 attorneys. In fact, Victor was assigned as Employee No. 1 in our brand-new payroll system. We are pleased and proud to elevate him to partner.”
Mr. Burnette left SBSB to work for global insurance company AIG, where he provided education on DBA and WHCA matters and the link between social media investigations and insurance defense c...
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