OKLAHOMA CITY— Oklahoma Insurance Commissioner Glen Mulready and Attorney General Gentner Drummond have aired grievances with each other this week related to an investigation of business practices of insurance companies in the state. In a statement issued later in the day, Mulready said he would not be used as a "political pawn" by Drummond, who is running to be…
As reported in The Gazette on Friday, a report from the U.S. Department of Health and Human Services inspector general found Colorado failed to follow federal and state requirements for some Medicaid personal care service payments. The federal agency is now seeking an $8 million repayment from the state. Jared Polis and his fellow Democrats who run the…
New Mexico earned a Tort Reform Trailblazer designation in the American Tort Reform Associations 2026 Legislative HeatCheck report after lawmakers passed landmark medical malpractice reform with overwhelming, bipartisan support led by a coalition of women legislators. New Mexico lawmakers came together across party lines to fix a problem that was…
Coalition calling for a 'healthcare cost freeze' in Pa. as insurers request rate increases
On average, insurers are asking for a 17.1% increase for individuals and 11.5% for small businesses, according to the Pennsylvania Insurance Department. More than 600 Pennsylvanians signed a petition calling for a "healthcare cost freeze," organized by the Affordable Healthcare Coalition, which is scheduled to be delivered on Wednesday to the agency's…
The following information was released by Public Citizen:. In June, CDI published a proposed regulation that would require large domestic insurers in California to assess and mitigate long-term risks to their solvency from climate change, technological innovation, and other emerging risks. "CDI must do more than protect the bottom line of insurers," said Elyse…
North CarolinaInsurance Commissioner Mike Causey today announced the arrest of Georgia Denise Robinson, 42, of 5801 Triangle Oaks Drive, Raleigh. Special agents with the Department of Insurance's Criminal Investigations Division accuse Robinson of making false and misleading statements as part of a claim with Lemonade Insurance Co. According to the…
OVERLAND PARK, KS- Today, Representative Sharice Davids met with Kansans whose health insurance premiums have skyrocketed since enhanced Affordable Care Act tax credits expired last year. The enhanced tax credits helped more than160, 000 Kansans save an average of $700 each year on health insurance. In Kansas' Third District alone, an estimated 52,000 people…
The Louisiana Department of Insurance Office of Insurance Fraud assisted the State Fire Marshal's Office in an insurance fraud investigation that led to the arrest of Tashira S. Glover, 42, who is charged with fraudulently obtaining insurance benefits following a residential fire. "Stopping insurance fraud requires a unified front among state agencies,…
First-time homeowners in Texas are falling behind on their mortgages at increasing rates, largely due to rising home insurance costs. That makes them more vulnerable to rising monthly costs, said Erin Dee, the chief operating officer of Interlinc Mortgage Services, a lender based in Houston. Roughly 6% of FHA loans in Texas were seriously delinquent in April,…
Fed leaves interest rate unchanged but with 3 dissents as Warsh praises 'good family fight'
Some economists and Wall Street analysts had predicted the Fed would hike its rate by a quarter point. The Iran war has generated uncertainty over the economic outlook and has driven energy prices higher, intensifying inflationary pressure and creating a quandary for Fed policymakers. The three officials who dissented— Beth Hammack, president of the Federal…
According to news reporting originating in Beijing, People’ s Republic of China, by NewsRx journalists, research stated,“ In this paper, we examine the transmission mechanism of central bank digital currency in an economy with heterogeneous banks and an interbank market, using a New Keynesian DSGE framework.”. For more information on this research see: The Effects…
Latest AALTCI Price Index finds consumers who compare policies can save substantially on virtually identical long-term care insurance coverage.
