Newswires

Legislators in Montana's House of Representatives passed a bill that would implement the state's 2026-2027 employee pay plan, authorizing raises for the state workforce, increasing health insurance payments, adjusting per diem travel rates and raising legislator salaries. The plan also increases the state's per diem meal rates by tying them to 70% of the…

Colleen P. Donohoe Colleen Donohoe, P.C. PO Box 10879 Kalispell, Montana 59904 406-309-2470 Attorneys for Applicant MONTANA NINETEENTH JUDICIAL DISTRICT COURT, LINCOLN COUNTY IN THE MATTER OF THE ESTATE OF CAROL ANN GIBBONS, Deceased. NOTICE OF TRUSTEE'S SALE To be sold for cash at a Trustee's Sale on May 19, 2025, at 02:00 PM outside the North entrance to the…

The notes are being issued by The Bank of Nova Scotia. The initial estimated value of the notes as of the pricing date is expected to be between $8.89 and $9.19 per unit, which is less than the public offering price listed below. None of the U.S. Securities and Exchange Commission, any state securities commission, or any other regulatory body has approved or…

Federal Reserve leaves benchmark rate as is. WASHINGTON— The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump might pursue. DERAILMENT SETTLEMENT: According to an…

Thirteen U.S. property/casualty companies became impaired in 2023, 10 of which were placed into insolvent liquidation, according to an AM Best report. These 13 insurance company impairments identified in the U.S. property/casualty industry in 2023 follow six in 2022. A commercial multi-peril writer, primarily in California, that was impacted by adverse…

As Montana lawmakers debate the future of Medicaid this legislative session, threats from the federal government to enact sweeping changes to the program loom large. Montana relies predominantly on steep federal subsidies to make the numbers pencil out, but the program is administered by the state. Medicaid provides health insurance to more than 218,000…

S-3ASR Table of Contents As filed with the Securities and Exchange Commission on January 31, 2025. THE SECURITIES ACT OF 1933. Approximate date of commencement of proposed sale to the public: From time to time after the effective date of this Registration Statement.

That was the message from insurance as well as state and federal emergency officials Thursday as they briefed state lawmakers five months after the fatal flooding in the Naugatuck Valley and southwestern Connecticut that caused about $300 million in damage, much of which was not covered by flood insurance. During a two-hour forum on the issue with members of…

Consumer prices, a gauge closely watched by the Federal Reserve, rose in December in line with analysts' expectations, the Bureau of Economic Analysis said Friday. The BEA reported U.S. personal income was up $92 billion, increasing by a 0.4% monthly rate in December. In remarks Friday at the New England CEO Summit in Portsmouth, New Hampshire, Fed Governor Michelle…

In the past 90 days, Best’ s Review readers have been most interested in the following insurance news coverage:. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. Patricia Vowinkel Executive Editor, Best’ s Review +1 908 882 1771…

O P I N I O N. Let local property taxes make up the difference in funding shortfalls for ground ambulance services rather than for profit health insurance carriers. That is the expressed sentiment of one of New Hampshire's House leaders who has chosen to protect insurance companies instead of consumers in a critical debate over the reimbursement of essential…

—An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. The latest inflation figures arrive as President Donald Trump has threatened to impose big import taxes on goods from Canada and Mexico, potentially affecting everything from autos to avocados, which could push…

Ten insurance company impairments were identified in the U.S. life/health industry for 2023, following none in 2022, according to a new AM Best report. The Best’ s Special Report, titled,“ 2023 US Life/Health Impairments Update,” states that during the 2000-2023 study period, 193 life/health insurers became impaired. Six of the 10 impairments identified for 2023…

FLORENCE— The Birmingham Branch Board of the Federal Reserve Bank of Atlanta has added two members from northwest Alabama. Larry E. Lewis Jr., president of PROJECTXYZ, Inc., and Michael D. Ross, president and chief executive officer of CB&S Bank in Russellville, have been appointed to three-year terms that last through Dec. 31, 2027. Lewis also has been chief…

Greene County General Hospital has been recognized as a Best-in-Class Employer in Gallagher's 2024 U.S. Benefits Strategy& Benchmarking Survey. Gallagher is a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Ill.. As a U.S. Best-in-Class Employer, GCGH earned points based on its performance in…

NCDOI announced its settlement with the N.C. Rate Bureau, a firm that represents homeowners insurance companies across the state, in a Jan. 17 press release. In January 2024, the N.C. Rate Bureau proposed an average 42.2% statewide increase to take effect that year. With the legal settlement, the N.C. Rate Bureau has agreed to instead raise the statewide average of…

A coalition featuring a former governor, doctors, and business and labor leaders says the cost of health care in Vermont is too high and plans to make lowering a priority. The coalition, VT Healthcare 911, held a press conference Wednesday to announce its intentions. "Vermont's premiums are double the national average," stated former Vermont Gov.

The ECB's decision stands in contrast to the latest move by the US Federal Reserve. The ECB had previously hiked borrowing costs aggressively to tame runaway energy and food costs, but is now bringing them back down as price rises slow and the eurozone economy falters. After the ECB's rate call, central bank chief Christine Lagarde warned the single currency…

–A credit-rating agency warned that inflation could remain above the Federal Reserve's 2% target because of uncertainty about President Donald Trump's economic policies. "Across U.S. public finance, most sectors will experience stable credit quality in 2025," the S&P report noted. Decisions at the federal level under could also affect credit for U.S. states.