New Mexico was only the second state to pass such a law, following Colorado in 2020. Designed to provide an avenue for New Mexicans to hold government entities accountable for civil rights violations, the law faced early concern that higher payout caps— now $2.4 million— would drive up liability insurance costs for local governments and state agencies.
—Kevin Warsh will face a political and economic obstacle course upon taking the helm of the Federal Reserve later this week. President Donald Trump held a swearing-in ceremony on Friday for Warsh, who became chair of the Fed board, taking over the central bank at a pivotal time for the U.S. economy. "Kevin Warsh is about to begin his tenure as Federal Reserve chair…
Answer: Yes, and you are mistaken about Federal Emergency Management Agency disaster grants, which are only for uninsured losses; FEMA can’ t duplicate benefits. In fiscal year 2025, FEMA’ s maximum grant amounts were $43,600 for Housing Assistance and $43,600 for Other Needs Assistance, or a total of $87,200 for a claimant eligible for each maximum, according to…
That "s the secret sauce for California home prices. To prove my point, the trusty spreadsheet looked at California job growth dating to 1990, using Bureau of Labor Statistics data, and compared that with Golden State home values, as measured by a Federal Housing Finance Agency price index. In those same years, California home prices averaged 8% annual gains.
A retainer agreement between the Lawton Economic Development Authority and the Center for Economic Development Law prompted a question of whether LEDA is adequately insured. In the agreement, which extends from July 1, 2026, through June 30, 2027, the Oklahoma City legal firm agrees "to maintain in force and effect a professional liability insurance policy"…
Louisiana may soon get a massive influx of money for a widely touted solution to ever-rising home insurance rates: Fortified roofs. State lawmakers appear poised to pass a bill that would add significantly more money to the grant program that gives Louisiana homeowners $10,000 each toward a new fortified roof. The cash would come from excess funds collected…
