An 1892 bronze statue of Columbus was found covered with graffiti, its hands painted red.
NYS Entity Status
NYS Filing Date
JUNE 28, 2013
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED LIABILITY COMPANY
2013 - COSTA HAULERS LIMITED LIABILITY COMPANY
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An investment in its offspring, Altaba, offers a high reward if management can reduce its tax liability, and it has limited downside.
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“There obviously has been ongoing dialogue and debate … that there should be no monument or statue of Christopher Columbus.” Obviously, but not until last week, Melissa Mark-Viverito. The man who discovered America more than 500 years ago also was known to be a slave keeper and slaughterer of indigenous people. And that’s not right....
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Among all the reasons for rising health insurance premiums, this one might be the most obscure: A long-term care insurer in Pennsylvania just went belly-up.[...] failures are rare, but when they happen, other companies are responsible to help pay claims and protect policyholders through groups known as state guarantee associations.In these situations, long-term care coverage is treated as health insurance, so health insurers are liable for the payments — and some are disputing that.Industry analysts estimate that Penn Treaty has long-term claims liabilities approaching $4 billion, but only about $700 million in assets.Health insurers can pass along those costs by imposing premium surcharges, or they can shift the burden to taxpayers by paying less in state premium taxes.Anthem, the nation’s second-largest health insurer, estimates it will pay $253.8 million to cover its portion of claims.Most state guarantee associations will provide up to $300,000 for each policyholder who files a claim, but the limits vary by state.In California, more than 130,000 people who bought long-term care policies from the state workers’ retirement system received 85 percent rate hikes in recent years.Virtually all of the health insurance companies, especially the big ones, have never sold long-term care insurance,” Belth said, “so they are not appreciative of being assessed.