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A Florida Republican's proposal to update all references in state statutes from "the Gulf of Mexico" to the "Gulf of America" per President Trump's executive order may be a homerun with MAGA supporters, but it's not popular with most Floridians, according to a new public opinion survey released Tuesday. The idea of legalizing recreational cannabis in Florida,…

High prescription drug costs and pharmacies going out of business, especially in rural Iowa, have once again put pharmacy benefit managers— the companies that function as intermediaries between insurance providers and drug manufacturers— under the legislative microscope. After passing some regulations in 2024, Iowa state lawmakers are this year once…

Recent news, which most of you might have missed, likely because it was suppressed, is that Blue Cross Blue Shield of Alabama was part of a $2.8 billion settlement in a lawsuit brought by the insurance company's customers. Of course, Big Blue never admitted to any bad behavior, which is par for the course when a case settles, but $2.8 billion is a lot to pay if you are…

CHEYENNE— Out-of-state wildfires and a potential loss of firefighting resources could impact homeowners insurance rates in Wyoming. Before the devastating January fires in Los Angeles, homeowners in California were subjected to higher rates and, in some cases, a complete loss of coverage. Increasingly, homeowners in states with high fire risks, like Wyoming,…

Insurance regulators in North Carolina fined UnitedHealthcare $3.4 million after a multiyear investigation alleged dozens of instances when the insurer might have let patients wrongly face excessive bills from out-of-network health care providers. In addition, regulators alleged violations of North Carolina law on claims processing as well as a…

*Please include vendor name in photo caption. 15 Olives: Award-winning extra virgin olive oil and balsamic vinegars. Accessory Obsession: Sterling silver- and gold-filled jewelry.

A-CAP Group, a New York- based insurance and financial services company with over $9 billion in assets under management and $302 million in capital, today announced that the South Carolina Administrative Law Court has ruled in favor of Atlantic Coast Life Insurance Company and Southern Atlantic Re, Inc. in their challenge to a December 11, 2024 order from 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 $9.05 and $9.35 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…

WNS Limited, a digital-led business transformation and services partner, today announced that it has been recognized as a' Leader' across multiple service lines in ISG's 2024 Provider Lens (TM) Insurance Services Quadrant Report. The reports highlight WNS' differentiated capabilities in Property and Casualty Insurance BPO Services, Life and Retirement…

AM Best has released newly updated tables of net capital charges associated with a representative sample of transactions from Fannie Mae and Freddie Mac’ s credit risk transfer programs— Freddie Mac’ s Agency Credit Insurance Structure and Fannie Mae’ s Credit Insurance Risk Transfer. Future publications of the net capital charges will be dependent on the…

AmTrust Title Insurance Company, a wholly owned subsidiary of AmTrust Financial Services, Inc., is pleased to announce its continued strategic growth in the Southeast/Carolinas by adding Marissa Vest, who will join as the Regional Sales Representative based in North Carolina. Her background includes serving as Assistant Vice President and Regional…

SEVIERVILLE— Potential cuts to Medicaid could affect Tenncare in Tennessee and Sevier County, but so far officials are taking a wait-and-see approach as Congress considers cuts to the federal budget. As a response to the Trump administration's plans to cut federal spending, House Republicans asked the Energy and Commerce Committee to cut $880 billion from…

California's insurance crisis is getting worse as bills for the cataclysmic Los Angeles wildfires come due. That means private insurers and their insured customers must make up a $1 billion gap. This is not a sustainable model for California or the nation.

–Arete Wealth, a leading broker-dealer and registered investment advisory firm, is pleased to announce its role as the sole placement agent for private equity fund FCP Venture X and its recent $75 million acquisition of primary issue shares of Lambda. The round was co-led by Andra Capital, SGW, the family office of early Google GOOGL investor Scott Hassan, and FCP…

–Spending for goods and services on American Express, Discover, Mastercard and Visa credit, debit and prepaid cards combined reached $10.773 trillion in 2024. Visa captured a 61.1% market share of all card spending compared to 25.8% for Mastercard, 11.1% for American Express and 2.0% for Discover. “Spending generated by credit cards grew slower than debt…

With an email, on a Saturday night at nine o’clock or in the middle of a bridge, thousands of federal employees of the U.S. government learned that they had been laid off as part of the project of the president, Donald Trump, and his ally Elon Musk to cut public spending. And they have wasted no time, because since Trump returned to the White House on January 20 and Elon…

The most talked about case recently involves the president of Argentina, Javier Milei, who has been accused of backing an alleged fraud after promoting a crypto that collapsed in the market. FTX and Sam Bankman-Fried FTX was one of the largest cryptocurrency exchange platforms in the world, founded in 2019 by Sam Bankman-Fried. With an image of a young financial…