Gary Gensler, the U.S. financial regulator who crypto investors loved to hate, will leave the Securities and Exchange Commission on Jan. 20, the agency announced on Thursday. He technically does not have the authority to do so, and Gensler's five-year term at the SEC runs until 2026.. "The SEC has met our mission and enforced the law without fear or favor," Gensler said…
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California Insurance Commissioner Ricardo Lara invited public input on a proposal to increase the writing of insurance in parts of the state most affected by wildfires and other extreme weather catastrophes. In 2023, the first systematic review of climate risk strategies by Ceres and the California Department of Insurance revealed that reinsurance is…
Catastrophic inland flooding in North Carolina, South Carolina, and Tennessee has made headlines across the country in recent months. Nationally, 2,279 communities don't participate in the voluntary program that provides insurance against flood damage, according to the Federal Emergency Management Agency, or FEMA, and most homeowners policies won't…
NOVEMBER IS NATIONAL FAMILY CAREGIVER'S MONTH. Family and friends are great people to ask for help, but they are not the only sources of support for caregivers. Your local senior center, state office on aging or social services office, or local Area Agency on Aging.
The city of Punta Gorda was recently notified of our results for the National Flood Insurance Program Community Rating System audit. The NFIP is a federal program administered by the Federal Emergency Management Agency that provides flood insurance to property owners in participating communities. Its primary goal is to reduce the impact of flooding by…
MONTPELIER- The Vermont Department of Financial Regulation has seen an uptick in health care scams. DFR reminds Vermont residents that the only legitimate, State-certified individual health insurance plans available in Vermont are Qualified Health Plans. Qualified Health Plans are only available from Vermont Health Connect, which is administered by the…
HARRISONBURG- One of the bigger drivers of Medicaid's rising costs in Virginia is the ballooning expense of covering weight loss drugs, a state Senate Finance Committee review found. That cost climbed to $267.8 million for the fiscal year that ended June 30, more than three times the bill from when Virginia Medicaid began covering the increasingly commonly…
But you might have found yourself switched to a health insurance plan you did not authorize, unable to afford treatment for an unforeseen medical emergency, and owing thousands of dollars to the IRS, according to an ongoing lawsuit against companies and individuals who plaintiffs say masterminded the ads and alleged scams committed against millions of…
HARRISONBURG- One of the bigger drivers of Medicaid's rising costs in Virginia is the ballooning expense of covering weight loss drugs, a state Senate Finance Committee review found. That cost climbed to $267.8 million for the fiscal year that ended June 30, more than three times the bill from when Virginia Medicaid began covering the increasingly commonly…
HARRISONBURG- One of the bigger drivers of Medicaid' s rising costs in Virginia is the ballooning expense of covering weight loss drugs, a state Senate Finance Committee review found. That cost climbed to $267.8 million for the fiscal year that ended June 30, more than three times the bill from when Virginia Medicaid began covering the increasingly commonly…
President-elect Donald Trump picked Scott Bessent to serve as Treasury secretary Friday, tapping a billionaire hedge fund manager to lead an economic agenda that is expected to be built around raising tariffs and cutting taxes. Unlike many on Wall Street, Bessent, 62, has also defended the use of tariffs, which are Trump's favorite economic tool.
–As North Carolina rebuilds from the massive damage inflicted by Hurricane Helene, state regulators have not received widespread complaints about insurance companies refusing to pay claims that were covered by policies, a spokesman for the state's insurance commissioner says. However, some homeowners are finding out that their policies didn't cover…
Wilmington- based Delphi Financial Group, Inc, an insurance holding company whose subsidiaries are focused on retirement services, employee benefits and specialty property-casualty coverages, hired Jeffrey Lebovitz as Executive Vice President and Chief Financial Officer. Before Pretium, he served as a senior investment banker at Credit Suisse advising…
Unemployment held steady in October in Volusia County, but is still up slightly from last year. Now that inflation is near just 2% annual growth the Federal Reserve was seeking and the board has begun raising interest rates, a market like Volusia, with the continuing influx of retirees to go along with organic growth, will probably recover quickly.
Property insurance, which has to be one of the sorest subjects in Florida, is back in the news and, as always, it seems, not in a good way. The“ property insurer of last resort” in Florida— known as Citizens Property Insurance— is receiving new scrutiny after an analysis by a Palm Beach Gardens- based ratings agency found that Citizens had a lower rate of payouts last year…
2024 NOV 22– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on postpartum depression have been published. According to news reporting from Bogazici University by NewsRx journalists, research stated,“ Postpartum depression is a prevalent psychological condition. The news editors obtained a quote from the research from…
2024 NOV 22– By a News Reporter-Staff News Editor at Insurance Daily News–“ The classification of patients according to their level of frailty allows us to adjust prevention programs and focus our limited resources on the right action for the right person.”. BUFFALO, NY- November 12, 2024- A new research paper was published in Aging, on October 24, 2024, Volume 16,…
Centene ofers afordable and high-quality products to more than 1 in 15 individuals across the nation, including Medicaid and Medicare members as well as individuals and families served by the Health Insurance Marketplace and the TRICARE program. Centene's leading-edge technology and modedigital infrastructure is designed to help close the gap between…
Both companies are domiciled in Brazil. Junto Re is classified as a local reinsurer in Brazil and mainly operates as a captive reinsurer for Junto Seg, an organization that has been directly writing surety for more than two decades. Junto Seg is the market-facing company of the group and the leading surety writer in Brazil.
