The Federal Reserve raised interest rates on Sept. 16 for the first time since 2023. On a $300,000 loan, increasing the mortgage rate from 6.75% to 7.75% raises the rent needed to maintain the same debt coverage by 8.3%. The Fed's outlook may matter more than the hike.
2026 SEP 24– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators discuss new findings in Agriculture- Crop Insurance. For more information on this research see: Reducing Costs of the Federal Crop Insurance Program: Stated Versus Realized Premium Subsidy Rates. Journal of Agricultural and Resource Economics, 2026; 51: 470-483. Journal of…
2026 SEP 24– By a News Reporter-Staff News Editor at Health Policy and Law Daily– In the 46 years since Dolly Parton wrote the workers’ anthem“ 9 to 5”, American jobs, and access to employment-based health insurance, have changed a lot. The study is published in JAMA Network Open by a team from Mount Sinai Hospital and the University of Michigan, who note that volatile or…
Under the Clarifying Law Around Insurance of Marijuana Act, insurance companies would no longer face federal criminal prosecution for providing insurance to qualifying cannabis businesses. The bipartisan House bill was introduced by Reps. Nydia M. Velázquez and Warren Davidson.
As paymaster and healthcare administrator for state employees and retirees, Connecticut Comptroller Sean Scanlon moved swiftly to stop the auto-deposit on Kosta Diamantis' pension check on Sept. 17, and issued a statement about it less than two hours after the convicted former state budget official failed to show up in federal court for sentencing.
The following information was released by the U.S. Department of Agriculture:. The deadline for fall acreage certification is Nov. 16. The Noninsured Crop Disaster Assistance Program provides financial assistance for losses from natural disasters on crops for which no permanent federal crop insurance is available.
The following information was released by the U.S. Department of Agriculture:. USDA Enhances Grape Coverage Options in Michigan and Ohio. The U.S. Department of Agriculture's Risk Management Agency announced it is enhancing Federal crop insurance options for grape producers in Michigan and Ohio.
Walt Disney, Bloomberg, Starbucks and Deloitte are among those taking actions next year to rein in healthcare spending, from restricting spousal coverage to eliminating plan options or cutting drug benefits to deal with soaring costs. Insurer Aon predicted even higher costs, with U.S. employer healthcare costs increasing 9.5% next year, pushing average…
BEEVILLE– The Beeville City Council voted Sept. 22 to adopt a new health insurance plan for city staff, transitioning municipal workers to the Blue Cross Blue Shield Essential HMO Plan. Under the new plan, the city's annual contribution will be $1,059,333, representing a minor increase of less than 1% over the expiring plan's $1,051,255 cost.
Former Delaware insurance agent Zenaida Nieves-Cordero was sentenced to three years in prison after pleading guilty to three counts of felony theft involving client funds. restitution. During an inquiry into Nieves-Cordero's business practices at her former agency, Apple Insurance Inc., state insurance investigators uncovered a pattern of…
Priority Health, a nationally recognized nonprofit health plan serving 1.4 million members, has again been recognized as a top performer by the National Committee for Quality Assurance for its accredited Medicare, Medicaid and commercial health plans. In NCQA’ s Medicaid Health Plan Ratings 2026, Priority Health has the top-rated Medicaid health plan in the…
Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, wrote to Commerce Secretary Howard Lutnick, Office of Management and Budget Director Russell Vought, Chief Statistician of the United States Stuart Levenbach, and Federal Reserve Chairman Kevin Warsh, requesting information about the Department of…
