The Federal Emergency Management Agency has delivered preliminary flood maps for Butte County and the City of Chico, California. Before the new Flood Insurance Rate Maps become effective, there is a 90- day appeal period from December 3, 2025, toMarch3, 2026.. Officials from FEMA and Butte County worked together to provide updated information that accurately…
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The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation have adopted a final rule to modify the enhanced supplementary leverage ratio standards, which apply to the largest and most systemically important banking organizations in the United States.
Washington state is fining health insurance giant Regence Blue Shield over half a million dollars for disparities between its mental health and medical coverage. Regence argued parity wasn't an issue, but didn't provide documentation to prove that, according to the Office of the Insurance Commissioner. We value our collaborative relationship with the…
CEDAR RAPIDS— The City of Cedar Rapids' housing and nuisance manager pleaded guilty last week for submitting a forged receipt for pet medications to an insurance company and received a deferred judgment Tuesday. Buelow received a deferred judgment and "probation monitored for compliance" on Tuesday, according to an order by 6th Judicial District Judge…
Congressional Republicans are considering tax-exempt health savings accounts as their preferred vehicle to deliver on President Trump’ s call to send taxpayer-funded health care subsidies directly to consumers instead of insurers. Democrats counter that HSAs are used predominantly by wealthier families and won’ t do enough to help lower-income…
—Shares in Europe and Asia advanced on Wednesday after benchmarks on Wall Street surged on hopes the Federal Reserve will soon opt to cut interest rates. Britain's FTSE 100 edged 0.1% higher. In Asia, Tokyo's Nikkei 225 rose 1.9% to 49,559.07 in a broad rally that encompassed major exporters and technology shares.
An insurance company aimed at retired local law enforcement officers has been illegally operating in Washington and has not processed health insurance claims, according to state officials. The company will complete any outstanding Washington members claims in the next two weeks, "according to the statement. According to spokesperson Stephanie Marquis, a…
Merger close anticipated for Jan. 1, 2026. NASHVILLE, Tenn.& COLUMBUS, Ga.—- The proposed combination of Pinnacle Financial Partners and Synovus Financial Corp. has received regulatory approval from the Board of Governors of the Federal Reserve System. With shareholders of each company approving the merger on Nov. 6, 2025, Pinnacle and Synovus anticipate…
2025 NOV 25– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ ACUITY, ACUITY EMPLOYEES, ACUITY AGENTS, ACUITY CUSTOMERS, ACUITY INSURANCE” by Mark J. Diliberti Foley& Lardner LLP, representing Acuity, A Mutual Insurance…
2025 NOV 25– By a News Reporter-Staff News Editor at Health& Medicine Business Daily– Investigators discuss new findings in Nervous System Diseases and Conditions- Narcolepsy. According to news originating from Taoyuan, Taiwan, by NewsRx correspondents, research stated,“ We investigated the prevalence and incidence of narcolepsy and idiopathic hypersomnia…
Seritage Growth Properties, a national owner and developer of retail, residential and mixed-use properties, announced that today the Company has made a voluntary prepayment of $130.0 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska. With the prepayment, the Company has now repaid a total…
Minneapolis Fed leader Neel Kashkari has cast doubt on his earlier prediction the Federal Reserve Bank will cut interest rates for the third time this year. Kashkari posited that potential third cut in a September essay, shortly after the Federal Open Market Committee made a quarter-point snip, its first since December 2024. From San Francisco to Dallas to…
The following information was released by the Federal Reserve Bank of Atlanta:. In preparation for FOMC meetings, policymakers have the Fed Board staff projection of this "advance" estimate at their disposal. As stated by economists Jon Faust and Jonathan H. Wright in a 2009 paper, "by mirroring key elements of the data construction machinery of the Bureau of…
DANVILLE— Geisinger Health Plan was recently named a 2026 best insurance company for Medicare Advantage in Pennsylvania by U.S. News and World Report. Geisinger Health Plan received a "best overall" rating of 4.2 out of five stars, four out of five stars for screening and prevention and 4.2 out of five stars for care continuity. "This is once again a testament to…
The lawsuit was filed Thursday in U.S. District Court for the Southern District of Iowa by OptumRx, a pharmacy benefit manager headquartered in Minnesota, and by several insurance providers or health plan administrators with which it contracts: United HealthCare Services, UMR Inc., UnitedHealthcare Insurance Company, UnitedHealthcare Plan of the River…
Maryanne Perrin, an associate professor of nutrition. The study has been published in the American Journal of Clinical Nutrition. The researchers collected and analyzed 600 milk samples from approved donors across eight milk banks in Chile, Kenya, Poland, Vietnam and the United States.
ST. LOUIS— BJC Health and health insurer Aetna have yet to reach coverage agreements for the upcoming year, leaving St. Louis- area patients in limbo. Without a new agreement, BJC Health will be out of Aetna' s coverage network employer-sponsored commercial plans, starting Jan. 1. BJC Health didn't respond to requests for comment this week but has said in the past that…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Saturn Insurance Inc.. Saturn is a captive insurer of BP p.l.c., an integrated global energy company. The ratings also consider rating enhancement from Saturn’ s affiliate, Jupiter Insurance Limited, which is the largest captive of the bp group and provides…
Capital Rx, Judi Health’ s transparent pharmacy benefit management line of business, is powering a new level-funded product, Capital Equilibrium. “The skyrocketing health insurance premiums we’ re seeing across the country are in no small part due to rising spend on the medicine people need,” said Justin Leader, President and Chief Executive Officer of…
