An investment in its offspring, Altaba, offers a high reward if management can reduce its tax liability, and it has limited downside.
NYS Entity Status
NYS Filing Date
APRIL 02, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED LIABILITY COMPANY
2014 - FELSEN CONTRACTING LIMITED LIABILITY COMPANY
AROUND THE WEB
- Finally, Something Good From Yahoo
Sunday Jul 2, 2017
- Woody Allen’s ‘Wonder Wheel’ set to close NY Film Festival
By Deadline - Tuesday Jul 25, 2017
The film will go into limited release December 1.
- Pennsylvania insurer’s collapse could hit Californians in wallet
By Chad Terhune - Friday Aug 11, 2017
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.
- Wells Fargo Forced Unwanted Auto Insurance on Borrowers
By GRETCHEN MORGENSON - Thursday Jul 27, 2017
An internal report shows customers with car loans had costly, unnecessary insurance tacked onto their bills, and 274,000 were pushed into delinquency.
- Wells Fargo, Awash in Scandal, Faces Violations Over Car Insurance Refunds
By GRETCHEN MORGENSON - Monday Aug 7, 2017
The Federal Reserve Bank of San Francisco is investigating the lender for not refunding car buyers who bought special insurance and repaid their loans early.
- Finding a good tree care service
By Bay Area Consumers’ Checkbook - Friday Aug 4, 2017
Finding a good tree care serviceThey absorb carbon dioxide, a greenhouse gas.[...] they look good.To keep your trees healthy or to get rid of dying ones, you may want the benefit of professional advice, skill and labor.To help you find it, nonprofit consumer group Bay Area Consumers’ Checkbook and Checkbook.org has surveyed its members and Consumer Reports subscribers about their experiences with area tree care services.For the next month, Checkbook is offering free access to its ratings of tree care services to Chronicle readers: www.checkbook.org/chronicle/tree-care.Other reasons for tree work include eliminating the risk to your house, or to electrical or other utility wires from rubbing limbs or precarious overhanging limbs; letting light and breezes more readily reach your house, garden or lawn; and protecting foundations and drainage systems from invading roots.[...] sometimes it’s difficult to diagnose and treat trees.Checkbook’s evaluation of tree care services found big company-to-company differences in the quality of advice and work performed.[...] the news is not all good.Some companies received favorable ratings from only 60 percent or fewer of their surveyed customers.Common customer complaints included charging more than promised, producing bad results and even property damage caused by careless or untrained workers.Typically, you don’t have to be home when bidders are looking at the job — but do include a thorough description of the work in a written contract that specifies who cleans up afterward, hauls away debris and wood, and removes the stump.Check whether a company’s liability insurance and worker’s compensation insurance are in effect.If you need expert advice and help caring for your trees, rather than simply removing goners, look for certification by the American Society of Consulting Arborists (www.asca-consultants.org) or the International Society of Arboriculture (www.isa-arbor.com).Bay Area Consumers’ Checkbook magazine and Checkbook.org is a nonprofit organization with a mission to help consumers get the best service and lowest prices.