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Weighing run for governor, David Jolly proposes gun liability insurance to reduce violence

May 15, 2025

When it comes to guns, doing nothing can be an accomplishment for the Florida Legislature. David Jolly is asking voters if they are OK with that.

New laws: You should know about these five bills that South Carolina lawmakers passed

May 15, 2025

Cellphone use while driving, education, and liquor liability insurance costs are among 81 bills from the 2025 legislature sent to the governor's desk

NVIDIA Co. (NASDAQ:NVDA) Shares Sold by Zacks Investment Management

May 15, 2025

Zacks Investment Management trimmed its position in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 7.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,843,774 shares of the computer hardware maker’s stock after selling 216,149 shares during the quarter. NVIDIA makes up…

Silver Price Forecast: XAG/USD Drops Over 2% On High US Yields, Hovers Near $32.00

May 15, 2025

Silver price fell 2% on Wednesday amid elevated US Treasury bond yields as investors seemed confident that the US Federal Reserve would not reduce interest rates.

SACRAMENTO — Undocumented adults would not be allowed to join the state's health insurance program

May 15, 2025

Newsom and the state Legislature expanded eligibility for Medi-Cal to undocumented immigrants of all ages in 2024. The expansion of coverage to undocumented people regardless of age is just one ballooning cost putting pressure on Medi-Cal. Earlier this year, the state had to appropriate billions in additional funding and take out a loan to cover growing…

State Farm rate hike cleared

May 15, 2025

After nearly a year of back-and-forth, State Farm General will move ahead with raising rates for homeowners by an average of 17% starting next month after securing the approval of a judge and Insurance Commissioner Ricardo Lara. It's not just owners of single-family homes who are affected: California condo owners and renters with State Farm will see prices…

Kansas House speaker runs for insurance commissioner

May 15, 2025

Kansas House Speaker Dan Hawkins, R- Wichita, announced a campaign to become the Kansas insurance commissioner on May 13. In 2023, he was elected House speaker by House Republicans. In his announcement, Hawkins said he's prioritized cost-of-living issues in the Kansas Legislature, and lists his accomplishments as abolishing food sales taxes, eliminating…

Point32Health to limit coverage of GLP-1 drugs

May 15, 2025

Starting Jan. 1, Point32Health, the owner of Harvard Pilgrim Health Care and Tufts Health Plan, will dramatically change how and when it pays for Zepbound— the insurer’ s preferred GLP-1 weight-loss drug— when used to treat overweight or obesity. Similar to Blue Cross Blue Shield of Massachusetts— the state’ s largest health insurer, which announced a similar move…

Fed's Goolsbee still not ready to cut interest rates

May 15, 2025

"It's a benign report," Austan Goolsbee, president of the Federal Reserve Bank of Chicago and a voting member of the Fed's rate-setting committee, told USA TODAY on May 13. The Fed next meets June 17 through June 18. Last month, annual inflation dropped from 2.4% to 2.3%. the lowest in more than four years and moderately above the Fed's 2% goal, the Labor Department's…

Eleventh hour insurance bill could help top employer FM expand in R.I.

May 14, 2025

A late-in-session bill aimed at helping Johnston-based insurance company FM is prompting new whispers down the State House’s marbled halls: Is Rhode Island at risk of losing another top employer? Just the opposite, says Rep. Alex Finkelman, a Jamestown Democrat who introduced the House bill May 8 at the request of the Fortune 500 company,…

What is the Federal Reserve and what does it do?

May 14, 2025

The Federal Reserve has likely come across your radar at some point. Often referred to as simply "the Fed," this central banking system of the United States typically meets eight times a year to make interest rate–related decisions, which often result in a slew of headlines and fodder from economic experts, alongside very real economic…

Businessmen charged in nationwide telemarketing fraud involving fake health plans

May 14, 2025

United States Attorney David Metcalf has announced the unsealing of a superseding indictment charging four businessmen and two companies with conspiracy and wire fraud. The charges relate to a telemarketing fraud scheme involving the sale of discount health and dental plans through deceptive practices.

California approves up to 38% property insurance rate hike

May 14, 2025

(The Center Square) – California approved an up to 38% property insurance rate hike for customers of State Farm, the state’s largest property insurance provider, after California’s January wildfires caused hundreds of billions of dollars in economic losses and threatened to drive the insurer out of the state.

Louisiana insurance committees advance 14 bills as debate continues

May 14, 2025

(The Center Square) − Louisiana legislators pondered more than a dozen bills attempting to address the state’s insurance crisis. Between the House and Senate insurance committees, 14 were reported favorably and will head to the respective chambers. While most were reported without objection, some were contested and some were rejected.

WATCH: College health insurance 'mess' debated at Illinois Capitol

May 14, 2025

(The Center Square) – Illinois lawmakers are having discussions about medical obligations and payment backlogs that continue to plague the state’s College Insurance Program. Funding problems were discussed Wednesday during a joint meeting of the House Appropriations-Higher Education and Personnel and Pensions committees.

Hartford’s Karla Scott on the Present & Future of Marine Insurance

May 14, 2025

By Loretta L. Worters, Vice President of Media Relations, Triple-I When Karla Scott first entered the insurance industry, she didn’t set out with a grand plan to become a leader in marine underwriting.

Overwhelming support from Maine lawmakers to require insurance coverage for PFAS blood tests

May 14, 2025

Both chambers of the Maine Legislature have thrown overwhelming support behind legislation that would require insurance carriers in Maine to cover medically necessary blood tests for so-called forever chemicals. The Senate on Tuesday unanimously passed LD 582, which would require health insurance carriers to cover blood tests for perfluoroalkyl and polyfluoroalkyl substances, also…

GOP bill to fix crop insurance for nation’s ag producers offered by Hoeven, Fischer

May 14, 2025

A Republican-led bill proposed on May 8 by U.S. Sens. John Hoeven (R-ND) and Deb Fischer (R-NE) would help enhance crop insurance for America’s agricultural producers. Sen. Hoeven sponsored the Federal Agriculture Risk Management Enhancement and Resilience (FARMER) Act of Read more… The post GOP bill to fix crop insurance for nation’s ag producers offered by Hoeven, Fischer…

Controversial insurance bill advanced through the Senate Insurance Committee on Wednesday

May 14, 2025

While most lawmakers and insurance representatives praised the bill’s consumer protections and transparency measures, some warned that granting Temple more power to reject rate hikes could backfire.

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