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Brad Briner inherits a daunting problem as he assumes the job of North Carolina state treasurer this month: the $507 million debt of the State Health Plan, which provides health insurance to 750,000 state employees. Folwell called on the General Assembly to step up and provide the funding needed to keep the plan solvent. “The expectation that the General…

Homeowners’ insurance rates in North Carolina will increase by an average of about 15% over the next two years under a settlement Insurance Commissioner Mike Causey and the N.C. Rate Bureau announced Friday. The N.C. Rate Bureau, which represents more than 100 companies that write insurance policies in North Carolina, had requested an average 42.3% increase…

Minnesota Attorney General Keith Ellison and attorneys general in 13 other states have filed a motion to defend DACA recipients' access to health insurance. The effort is in response to a legal challenge led by Kansas and several other states against a Biden administration rule that allows Deferred Action for Childhood Arrivals, or DACA, recipients to…

NV Energy is asking the Public Utilities Commission of Nevada to allow it to establish a $500 million self-insurance fund in order to have adequate liability insurance in the event of a catastrophic wildfire alleged to "have been caused or exacerbated by utility equipment." The fund would bring the utility's coverage to close to $1 billion.

—European shares were higher Friday after a mixed session in Asia, as China reported that its economy grew at a 5% annual pace last year, hitting the government’ s target but slowing from the year before. Britain's FTSE 100 was up 1.1% to 8,482.66. Economists are forecasting a further slowing of growth this year and beyond, and President-elect Donald Trump's…

How the home insurance system in California failed residents. Retaining homeowners insurance in California is notoriously difficult for those living in areas vulnerable to wildfires. In 2023, Farmers Insurance Group announced it would begin sending nonrenewals to California customers and wouldn't be accepting new applications.

Interest rates began to fall, but credit card APRs are still catching up: The Federal Reserve lowered interest rates three times toward the end of 2024, but it took a few months for average credit card interest rates to follow suit and come down slightly from a record high. Debt and delinquencies rose, but things could be stabilizing: According to NerdWallet's…

On Dec. 30, 2024, news agencies began reporting on a new state regulation that would require insurance companies in California to begin offering coverage to homes in areas considered prone to wildfires. Back in September, the Grizzly reported on a virtual town hall led by California Insurance Commissioner Ricardo Lara, where he shared his plans to make…

BENNINGTON- The Regional Governing Board of the Southwest Vermont Regional Technical School District has approved a $5,154,303 fiscal 2026 budget, up 6.99 percent. The meeting will take place at the meeting for the town of Bennington on Monday, March 3, at 6:30 p.m. at the Bennington Firehouse, 130 River St.. Article E will be to vote on the district budget, and…

CombinedMerger425TURNFiling Filed by 180 Degree Capital Corp. pursuant to Rule 425 under the Securities Act of 1933 and deemed filed pursuant to Rule 14 a-12 under the Securities Exchange Act of 1934 Filer: 180 Degree Capital Corp. Subject Company: 180 Degree Capital Corp. SEC File No.: 811-07074 Date: January 17, 2025 On January 17, 2025, 180 Degree Capital…

DEF 14 A Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant☒ Filed by a party other than the Registrant☐ Check the appropriate box: REV Group, Inc. Payment of Filing Fee: Table of Contents January 17, 2025.

Peggy Lee joined the Loomis Planning Commission this week, just in time for a raise. During the first Loomis meeting of the year Tuesday, the Town Council agreed on a Planning Commission stipend increase that's been discussed for years. A Loomis resident with her Del Oro family since 2016, Lee was president of the Allendale, New Jersey, Women's Club and elected to…

Attorney General Anthony G. Brown announced today that Maryland, along with 13 other states, is taking legal action to safeguard health insurance access for Dreamers amid potential policy shifts by the incoming administration. The contested regulation, issued by the U.S. Department of Health and Human Services and the Center for Medicaid and Medicare…

WASHINGTON- The Senate Finance Committee grilled President-elect Donald Trump's choice for Treasury Secretary Thursday. Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation hearing: the expiring Trump tax cuts. Democrats also questioned Bessent about Trump's tariff threats against Canada,…

The nonprofit is asking a federal judge in Washington, D.C., to issue a court order blocking FEMA from enforcing the regulations, claiming local communities will suffer "irreparable harm" because they can't comply with both the federal directives and state land use rules- potentially causing their residents to lose flood insurance. Representatives of FEMA and…

Since 2022, seven of the 12 largest insurance companies have stopped issuing new policies to homeowners in California, citing increased risks due to climate change. California isn't alone: The same thing has happened in other vulnerable states, including Louisiana and Florida. Meanwhile, those fortunate enough to have insurance are paying more than ever:…

Inflation has been an economic scourge for many Americans under President Biden— and it could remain a continued problem under Donald Trump. That's substantially lower than the four-decade high of 9.1 percent that the U.S. hit in mid-2022. It's a sign of both how much progress the Federal Reserve has made in beating down inflation, but also of how much…