Policy

Encompass Health Corporation Announces Plan to Spin Off Home Health and Hospice Business under the New Brand Enhabit Home Health & Hospice

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Wednesday, January 19, 2022 - 9:15pm
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The spin-off, which is expected to be tax-free to Encompass Health's shareholders, will result in Encompass Health's shareholders owning stock in both companies.

Key Points: 
  • The spin-off, which is expected to be tax-free to Encompass Health's shareholders, will result in Encompass Health's shareholders owning stock in both companies.
  • The establishment of Enhabit Home Health & Hospice will furtherstrengthenEnhabit's focus on high-quality, cost-effective care delivered in the home setting.Enhabit Home Health & Hospice chose the name Enhabit because it intuitively is linked to the home.
  • In addition, Encompass Health, through its senior management, may from time to time make forward-looking public statements concerning the matters described herein.
  • No assurance can be given that the transactions described herein will be consummated or as to the ultimate terms of any such transactions.

AM Best Revises Outlooks to Stable for Halyk Insurance Company JSC

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Wednesday, January 19, 2022 - 6:25pm
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Underwriting results improved marginally in 2020, with the company reporting a combined ratio of 96.1% compared with 97.9% in 2019 (as calculated by AM Best).

Key Points: 
  • Underwriting results improved marginally in 2020, with the company reporting a combined ratio of 96.1% compared with 97.9% in 2019 (as calculated by AM Best).
  • Halyk Insurance is one of the leaders in its domestic non-life insurance market, ranking second as measured by gross written premiums in 2021.
  • AM Best does not consider Halyk Insurances financial strength to be affected by the weaker credit profile of its parent, Halyk Savings Bank of Kazakhstan JSC (Halyk Bank).
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Beep Selects New Chief Safety Officer and Senior Director of Transit Operations

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Wednesday, January 19, 2022 - 8:46pm
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ORLANDO, Fla., Jan. 19, 2022 /PRNewswire/ -- Beep a global leader in multi-passenger, electric, autonomous mobility solutions today announced the appointment of Stephen Berry as chief safety officer and David Rodriguez as senior director of transit operations.

Key Points: 
  • ORLANDO, Fla., Jan. 19, 2022 /PRNewswire/ -- Beep a global leader in multi-passenger, electric, autonomous mobility solutions today announced the appointment of Stephen Berry as chief safety officer and David Rodriguez as senior director of transit operations.
  • Berry will leverage his extensive experience in public safety management including his previous position as general manager for St. Louis Metro Public Safety.
  • "Safety is the cornerstone of autonomous vehicle operations.
  • Prior to joining Beep, Mr. Rodriguez was the transit director at Council on Aging of St. Lucie the public transit authority for St. Lucie County in Florida.

PROJECT ON FAIR REPRESENTATION WARNS NEW YORK DEPARTMENT OF HEALTH ABOUT RACIALLY DISCRIMINATORY PRIORITIZATION OF COVID-19 TREATMENTS

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Wednesday, January 19, 2022 - 8:22pm
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AUSTIN, Texas, Jan. 19, 2022 /PRNewswire/ --Late yesterday, the Project on Fair Representation sent a letter to New York Department of Health Acting Commissioner Mary T. Basset warning the Department about serious legal problems in the Department's new racially discriminatory guidance on the prioritization of COVID-19 treatments.

Key Points: 
  • AUSTIN, Texas, Jan. 19, 2022 /PRNewswire/ --Late yesterday, the Project on Fair Representation sent a letter to New York Department of Health Acting Commissioner Mary T. Basset warning the Department about serious legal problems in the Department's new racially discriminatory guidance on the prioritization of COVID-19 treatments.
  • The letter notes that the Department's policy already has resulted in a lawsuit and warns the State will surely be sued again if it continues to prioritize treatments for certain racial and ethnic groups over others.
  • Edward Blum, president of the Project on Fair Representation said, "if permitted to continue, this policy will lead to needless loss of life and will illegally perpetuate immoral racial categories."
  • The shortage of COVID-19 therapeutics is bad enoughNew Yorkers of all races deserve better than having these lifesaving treatments rationed based on the color of their skin."

OSC Announces New Commissioner Appointments

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Wednesday, January 19, 2022 - 8:19pm
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TORONTO, Jan. 19, 2022 /CNW/ -Ontario Securities Commission (OSC) Chair and CEO Grant Vingoe today announced the following appointments to the Commission.

Key Points: 
  • TORONTO, Jan. 19, 2022 /CNW/ -Ontario Securities Commission (OSC) Chair and CEO Grant Vingoe today announced the following appointments to the Commission.
  • In welcoming these new additions to the OSC, Grant Vingoe commented, "we are delighted to have such seasoned professionals join the Commission.
  • Biographical information on all Commissioners is available in the About the OSC section of the OSC website.
  • Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at http://www.osc.ca .

ALLIANCE FOR FAIR BOARD RECRUITMENT WARNS THE NEW YORK DEPARTMENT OF FINANCIAL SERVICES AGAINST ADOPTION OF RACIALLY DESCRIMINATORY PROGRAM

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Wednesday, January 19, 2022 - 8:05pm
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This policy explicitly encourages race and sex discrimination, in clear violation of the Fourteenth Amendment, federal anti-discrimination laws, and New York State law.

Key Points: 
  • This policy explicitly encourages race and sex discrimination, in clear violation of the Fourteenth Amendment, federal anti-discrimination laws, and New York State law.
  • If the McKinsey study had found that having more women on boards decreased corporate performance, that would not justify sex discrimination against them.
  • Edward Blum, the president of the Alliance for Fair Board Recruitment said, "DFS's policy is illegal and immoral.
  • Its reduction of diversity to race and sex is wrongheaded and illegal."

Center for Disability-Inclusive Community Development Announces Second Annual Inclusive Community Development Award Winners

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Wednesday, January 19, 2022 - 8:01pm
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WASHINGTON, Jan. 19, 2022 /PRNewswire/ --The Center for Disability-Inclusive Community Development (CDICD), managed by National Disability Institute (NDI), announced today the three winners and their partners of its Second Annual Inclusive Community Development Awards: True Link Financial and Sunrise Banks ; Life Asset , a Community Development Financial Institution (CDFI); and Goodwill Industries of East Texas and Prosperity Bank .

Key Points: 
  • WASHINGTON, Jan. 19, 2022 /PRNewswire/ --The Center for Disability-Inclusive Community Development (CDICD), managed by National Disability Institute (NDI), announced today the three winners and their partners of its Second Annual Inclusive Community Development Awards: True Link Financial and Sunrise Banks ; Life Asset , a Community Development Financial Institution (CDFI); and Goodwill Industries of East Texas and Prosperity Bank .
  • "CDICD is proud to announce the Second Annual Inclusive Community Development Award winners.
  • Each of our winners have created unique initiatives that support people with disabilities in low- and moderate-income communities," said Michael Roush, Director, Center for Disability-Inclusive Community Development.
  • Launched in 2019, the Center is focused on the importance of inclusive community development activities.

Greenberg Traurig Continues Salt Lake City Expansion with Former SEC Regional Director Daniel Wadley

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Wednesday, January 19, 2022 - 8:00pm
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SALT LAKE CITY, Jan. 19, 2022 /PRNewswire-PRWeb/ --Global law firm Greenberg Traurig, LLP continues the strategic expansion of its Salt Lake City office with the addition of Daniel J. Wadley , who previously served as the U.S. Securities and Exchange Commission's (SEC) Regional Director in Utah.

Key Points: 
  • SALT LAKE CITY, Jan. 19, 2022 /PRNewswire-PRWeb/ --Global law firm Greenberg Traurig, LLP continues the strategic expansion of its Salt Lake City office with the addition of Daniel J. Wadley , who previously served as the U.S. Securities and Exchange Commission's (SEC) Regional Director in Utah.
  • Greenberg Traurig expanded into Salt Lake City with the 2020 opening of its office.
  • "I am impressed with the strong team that Greenberg Traurig is building in Salt Lake City and am especially pleased to join my esteemed colleague John Huber at the firm," Wadley said.
  • About Greenberg Traurig's Salt Lake City Office: Greenberg Traurig's Salt Lake City team works with regional and national companiesrangingfrom start-ups to Fortune 500 corporations, across multiple industries.The team offersclients a wealth of local experience, backed byGreenberg Traurig'sglobal platform and network of resources.

Novogradac Welcomes Fellow as Part of 2022 Open Access Program

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Wednesday, January 19, 2022 - 8:00pm
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SAN FRANCISCO, Jan. 19, 2022 /PRNewswire-PRWeb/ --National public accounting and consulting firm Novogradac welcomes a paid intern who is part of the Open Access Fellowship 2022 program, which works to increase the representation of Black and Latinx professionals working to improve health, education and wealth outcomes in low-income communities across America.

Key Points: 
  • SAN FRANCISCO, Jan. 19, 2022 /PRNewswire-PRWeb/ --National public accounting and consulting firm Novogradac welcomes a paid intern who is part of the Open Access Fellowship 2022 program, which works to increase the representation of Black and Latinx professionals working to improve health, education and wealth outcomes in low-income communities across America.
  • "Novogradac is pleased to continue advancing community development education and looks forward to another successful experience with our Open Access fellow," said Michael J. Novogradac, CPA, managing partner of Novogradac.
  • All Open Access Fellowsincluding those working outside of Novogradacwill receive 10 hours of virtual education in community development through Novogradac and the opportunity to attend a 2022 Novogradac conference in person or virtually.
  • Tax, audit and consulting specialty practice areas for Novogradac include affordable housing, opportunity zones, community development, historic rehabilitation and renewable energy.

EnerSpar and Israeli-Based Nurexone Announce Definitive Agreement

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Tuesday, January 18, 2022 - 10:13pm
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Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - EnerSpar Corp. (TSXV: ENER) (FSE: 5E0) ("EnerSpar" or the "Company") is pleased to announce that they have entered into an arm's length securities exchange agreement dated January 3, 2022 (the "Agreement"), with Nurexone Biologic Ltd. ("Nurexone") and the shareholders of Nurexone (collectively, the "Vendors"), pursuant to which EnerSpar and Nurexone propose to complete a business combination (the "Proposed Transaction").

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - EnerSpar Corp. (TSXV: ENER) (FSE: 5E0) ("EnerSpar" or the "Company") is pleased to announce that they have entered into an arm's length securities exchange agreement dated January 3, 2022 (the "Agreement"), with Nurexone Biologic Ltd. ("Nurexone") and the shareholders of Nurexone (collectively, the "Vendors"), pursuant to which EnerSpar and Nurexone propose to complete a business combination (the "Proposed Transaction").
  • Pursuant to the Agreement, EnerSpar will acquire each ordinary share of Nurexone in exchange for 17 post-Consolidation (as herein defined) EnerSpar shares from treasury (the "Consideration Shares").
  • Prior to the consummation of the Proposed Transaction, EnerSpar will, subject to the approval of EnerSpar Shareholders, consolidate all the issued and outstanding common shares of EnerSpar ("EnerSpar Shares") on the basis of 10 pre-consolidation EnerSpar Shares for each one post-consolidation EnerSpar Share (the "Consolidation").
  • Each Nurexone Private Placement Unit will consist of one Nurexone Share and one ordinary purchase warrant of Nurexone (each a "Nurexone Offering Warrant").