The U.S. Supreme Court, in a 5-4 decision on Monday, prevented President Donald Trump from firing Lisa Cook, a member of the Federal Reserve’ s Board of Governors. Trump accused Cook of committing mortgage fraud before she joined the Federal Reserve. Chief Justice John Roberts said Trump's attempt to fire Cook would go against legal statutes designed to protect…
Jackson National Life Insurance Company, the main operating subsidiary of Jackson Financial Inc. 1, has been named the 2026 Annuities Provider of the Year by InvestmentNews. “Jackson is honored to be recognized by InvestmentNews for our commitment to supporting financial professionals and their clients with the goal of helping them achieve financial…
Corebridge Financial today announced enhancements to its Max Accumulator+ III index universal life insurance product, including new index strategies, as well as changes designed to improve cash value outcomes. Corebridge Financial research highlights the financial concerns many Americans report, including healthcare and long-term care costs as well…
Navigating your health insurance can get complicated fast once you move beyond deductibles and co-pays. Prior authorization, a utilization-management tool, is one of those complications. It was originally created to help insurance providers deal with high-cost, high-risk or unusual healthcare services.
Michael Steinke has joined Alliant Insurance Services as Vice President within its Employee Benefits Group in Tampa, Florida. “Michael brings a high-value, client-focused approach to delivering solutions for clients across a breadth of disciplines,” said Kevin Overbey, President, Alliant Employee Benefits.“ His ability to navigate evolving business…
For the past quarter-century, the Federal Reserve has preferred one price measure for consumer spending, that big segment of the economy the Fed considers in its efforts to promote its two congressionally mandated economic goals of stable prices and maximum employment. The Fed uses the personal consumption expenditures price index, produced monthly by the…
The following information was released by Tennessee Senator Bill Hagerty:. WASHINGTON On Tuesday, United States Senator Bill Hagerty, a member of the Senate Banking Committee, sent a letter to Vice Chairman for Supervision of the Federal Reserve Board of Governors Michelle Bowman, Comptroller of Currency Jonathan Gould, Chairman of the Federal Deposit…
We commonly hear the United States is $39 trillion in debt. But, if we want Social Security and Medicare Part A benefits to continue as is indefinitely, we’ re $103 trillion in the hole, according to the latest trustee reports from the Social Security Old-Age, Survivors and Disability Insurance and Medicare programs. That’ s nearly $300,000 for each U.S. taxpayer.
