Bits n' pieces from east, west and beyond - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
August 4, 2023 Newswires
Share
Share
Post
Email

Bits n' pieces from east, west and beyond

Western News, The (Libby, MT)

East, west or beyond, sooner or later events elsewhere may have a local impact.

A recent sampling:

Looking for fat to trim? At the Congressional Hearing on Defense Spending, Rep. Summer Lee asked Defense's Contracting Director about the cost of their annual Viagra budget. He didn't know, American Military News said, but Lee did: $41.4 million annually; $2.3 million was spent on crab meat.

Bank of America has been fined $150 million for customer abuses, such as double-charging for overdraft fees and secretly opening card accounts in customers' names, The New York Times reported.

Farmers Insurance has pulled coverage out of Florida, CBS said, with an impact on close to 100,000 customers. Due to large payouts for storms, other Florida insurers have gone out of business. Warmer air and water has made hurricanes stronger, resulting in more property damage.

Currently, extremes of flooding in the East and extraordinary heat in the Southwest are being experienced. As well, ocean temps off South Florida's Coast have been close to 100 F.

Using existing street lamps London has devised an eye-pleasing way to install charging infrastructure for electric vehicles. There are now 1,300 such installations, Optimist Daily reported.

Out on parole: After 53 years behind bars for a notorious double murder orchestrated by Charles Manson, Leslie Van Houten was recently released to transitional housing. She admitted to, at age 19, holding down victims and stabbing them. She has since said she was mentally ill, saying that was linked to LSD use and she totally believed at the time that Manson was "Jesus Christ."

Using existing income repayment plans for borrowers with student loans, CNN said President Biden announced that 804,000 borrowers will have their debt wiped away, a total of $39 billion.

Fox News is being sued by Ray Epps for defamation and upending his life when Fox claimed he was an undercover FBI agent, and in that capacity incited a riot at the Capitol on Jan. 6, 2021, various media reported. Epps blames Fox's deliberate election misinformation for his actions at the Capitol.

Lawyers for Donald Trump have asked that his trial regarding illegally retaining classified documents be postponed indefinitely, The New York Times said.

Based on interviews with people close to Trump and a review of his campaign policy proposals, The New York Times recently wrote that there is a broad goal of increasing Trump's power if president to have authority over every part of the federal government.

Many sources equated that to dictatorship.

Red states are benefitting the most from Bidenomics, The New Republic reported. Commerce Department figures show they had the fastest personal income growth January through March.

In U.S. Congress: The "must-pass" Defense Authorization Act passed the House 210 to 219 and was

loaded with restrictions on rights, making it a "dead" deal when it reaches the Senate.

The Green New Deal has a goal of clean 100% renewable energy within the next 10 years. Critics say it's too expensive; proponents say critics are not factoring in the costs of climate inaction, such as property destruction and health costs from weather extremes, rising sea levels and wildfires.

Social Security 2100: A Sacred Trust, is in the House; in the Senate there's Protecting Social Security for All: Making the Wealthy Pay Their Fair Share. Both plans eliminate SS shortfalls. Social Security Works says they have no benefit cuts for the next 75 years and beyond. (Recent polling by Data for Progress shows only 3% of voters and 2% of Republicans favor a reduction in SS benefits.) Also: the "No Taxpayer Bailout for Defamation Act" would not allow corporations to use defamation settlements as an income tax deduction. And, on July 20, the Judiciary Committee will vote on Supreme Court ethics legislation.

Blast from the past: 160 years ago this month New York City saw the "most destructive" riot in U.S. history.

The party then labeled as Democrats - but known today as Republicans - rebelled against the upcoming Republican Lincoln Administration's opposition to South Carolina's plans to secede from the Union. New York City's Democrats aligned with enslavement; NYC's mayor said the city should also secede, apparently due to their significant economic engagement with the South's cotton trade.

Democrats' rage was further ignited when drafting of soldiers to fight for the Union began. They framed it as white people dying for Blacks and said Republicans wanted to elevate Black

Americans over whites. Early in the Civil War Blacks were not regarded as citizens and could not be drafted.

After the city's first draft lottery Democrats attacked federal draft officers with rocks and clubs; property of prominent NYC Republicans was burned, as was the Orphan Asylum for Colored Children.

The tally after three days was 119 confirmed deaths (but possibly 1,200), and up to $5 million in property damages. Union soldiers came from the battle fields to put down the Democrats' riot. Days later the first Black regiments, freed to fight due to the Emancipation Proclamation, suffered 42% casualties in a brutal battle with Confederates.

Historian Heather Cox Richardson: "The contrast between white mobs railing against the government and murdering their Black neighbors while Black soldiers fought and died to defend the U.S. was stark. No fair-minded person could miss it."

Older

Martin's Point fraud settlement highlights shortcomings in Medicare Advantage program

Newer

Till Capital Provides Update On the Sale of Omega

Advisor News

  • When new investment trends emerge, Gen Z is most likely generation to be first in
  • Could ‘plain English’ become an advisor’s secret weapon?
  • IRI urges Senate action on 403(b) parity legislation
  • Three estate planning ideas to protect your clients and their wealth
  • What advisors must know about accessible client documents
More Advisor News

Annuity News

  • NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
  • NAIC working group pressed to accelerate annuity illustration overhaul
  • State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
  • Wink: Annuity sales post strong Q2, led by MYGAs and structured products
  • Legacy Marketing Group partners with Malibu Life USA for annuity launch
More Annuity News

Health/Employee Benefits News

  • New York approves small, individual insurance plan rate hikes for 2027
  • Findings on Heart Failure Detailed by Christine DeJong and Co-Authors (Medicare Accountable Care Organizations: Clinical Performance for Patients With Heart Failure): Heart Disorders and Diseases – Heart Failure
  • $4B at stake in Medicaid change
  • ATTORNEY GENERAL TONG JOINS COALITION CHALLENGING TRUMP ADMINISTRATION'S LATEST ATTACK ON HEALTHCARE FOR TRANSGENDER YOUTH
  • ATTORNEY GENERAL TONG JOINS LAWSUIT CHALLENGING EFFORT TO EXPAND CATASTROPHIC HEALTH INSURANCE PLANS AND AGAIN UNDERMINE ACA PROTECTIONS
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • TDCI reminds consumers to focus on future during Life Insurance Awareness Month
  • TDCI reminds consumers to focus on the future during Life Insurance Awareness Month
  • AM Best Affirms Credit Ratings of Zurich Insurance Group Ltd and Its Main Rated Subsidiaries
  • Best’s Market Segment Report: AM Best Maintains Stable Outlook on China’s Non-Life Insurance Segment
  • Understanding Nonequity Split-Dollar
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.