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The U.S. Attorney for the District of Rhode Island, Zachary A. Cunha, issued the following news release on Dec. 21, 2022:. A North Providence woman convicted of defrauding multiple publicly-funded programs was sentenced on Tuesday to eighteen months in federal prison for making false statements when applying for a Federal Housing Administration- backed…

SILVER CITY— I thought I was through with our horrible health system when I got old enough for Medicare. Once I got socialist health care, all my capitalist insurance problems went away. But that was before pickleball.

Existing U.S. underwriting data enables the Federal Insurance Office to assess the potential for major disruptions of private insurance coverage in markets vulnerable to climate risks, according to the Insurance Information Institute. Rather than a separate undertaking of data collection, which could be duplicative, or even worse misleading, the…

WASHINGTON, Dec. 22– The U.S. Mortgage Insurers issued the following agency statement on Dec. 21, 2022:. U.S. Mortgage Insurers, the association representing the nation's leading private mortgage insurance companies, issued the following statement on the Federal Housing Finance Agency's Final Rule for New Enterprise Products and Activities, which will…

WASHINGTON, Dec. 22– The Center on Budget and Policy Priorities issued the following news:. The year-end omnibus spending bill includes important investments in Medicaid and the Children's Health Insurance Program, including requiring states to provide 12 months of continuous eligibility for children in all states. Congress included two permanent…

Investors found few, if any, places to safely put their money in 2022, as central banks in the U.S. and around the globe raised interest rates for the first time in years to fight surging inflation, stoking fear of a global recession. Uncertainty about how far the Federal Reserve and other central banks would go in the fight against inflation sparked a return of…

The December Federal Open Market Committee policy statement and news conference were not the news markets were hoping for. While raising the terminal rate higher than expected, the Powell Fed also poured cold water on the hopes of a Fed pivot. Absent a severe recession and financial instability, the Federal Reserve is still sticking to its guns when it comes to…

To find out, Guideline compiled statistics to show the financial health of retirees, using data from the Federal Reserve and Social Security Administration. A little more than 1 in 4 adults in the U.S. considered themselves retired in 2021, according to the Fed. As of 2022, 47.9 million retired workers receive Social Security benefits.

Pressure from the public and elected officials has prompted UPMC Health Plan to reconsider its narrow pharmacy network that excluded many small, independent Bedford County pharmacies, from certain insurance plans. The pharmacists said they believe this lack of transparency provides the insurance company with a cover to offer a poor-faith contract which…

KANSAS CITY, Missouri, Dec. 22– The National Association of Insurance Commissioners issued the following news release on Dec. 21, 2022:. The National Association of Insurance Commissioners has released its Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owner's Insurance Report: Data for 2020, which…

Marietta, GA– December 22, 2022- A truck's size and weight can cause devastating physical trauma, injury, and mental anguish for victims, which is why having an experienced legal professional alleviates the aggravation and frustration of dealing with insurance companies or the justice system. The Graham Firm has compiled a list of key factors to consider when…

–King Insurance Partners, one of the fastest growing full-service insurance brokerage firms in the nation, announced today that Jean Arthur Associates, Inc. has joined the King Insurance Partners team. "In searching for the best partner for our team, King Insurance Partners was the obvious choice. "We are excited to welcome the JAA team to King Insurance Partners"…

Fed Chief Jerome Powell sobered up Wall Street yet again last week during his latest periodic Federal Reserve speech and news conference. As Wall Street attempted to get some sort of“ pivot” sign out the tea leaves of his musings, no such inkling of a softer FED was to be found. Wall Street has had giddy rallies here and there, as tiny glimmers of hope in inflation…

Once the Federal Reserve began to aggressively boost its benchmark Federal Funds rate throughout 2022, sky-high credit card rates were sure to follow. According to a new Bankrate study, the current credit card average interest rate of 19.42% is the "highest on record." "This year's increase is all about the Federal Reserve and its series of interest-rate hikes…

An Anza- based Christian college with satellite schools across the world has been the target of a three-year federal investigation triggered by a frantic 911 call to Riverside County authorities from a student who claimed she had not been allowed to leave the campus for months. Homeland Security Investigations, a division of U.S. Immigration and Customs…

RALEIGH, N.C.— The North Carolina Department of Insurance said a Raleigh man deposited a fraudulent check into a bank account and then took money from that account. The department said Burt deposited a $993.33 fraudulent check and withdrew $225 on June 9. Blue Cross Blue Shield NC, Wells Fargo Bank, Coastal Federal Credit Union and the Wake County Sheriff's Office…

JONESBORO— Craighead County has received $300,000 from its insurance claim regarding the theft of county funds by former Craighead County Clerk Jacob Kade Holliday. Holliday was convicted in federal court in September after embezzling $1.6 million from the County in 2020.. According to County Judge Marvin Day, the insurance payout was received a couple…