Winston-Salem and Forsyth County would have the ability to directly pursue Medicaid expansion for their communities through a U.S. House Democratic bill submitted last week. North Carolina is one of 11 states- along with Alabama, Florida, Georgia, Kansas, Mississippi, South Carolina, Tennessee, Texas, Wisconsin and Wyoming- that have not expanded their Medicaid…
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AM Best is sponsoring the ReFocus 2023 conference, an annual insurance industry event co-hosted by the American Council of Life Insurers and the Society of Actuaries in Las Vegas, NV.. ReFocus 2023 will take place Feb. 26– March 1, 2023, at the Cosmopolitan of Las Vegas. Headquartered in the United States, the company does business in over 100 countries with…
NFP, a leading property and casualty broker, benefits consultant, wealth manager and retirement advisor, today announced the appointment of Lauren Kim as managing director, head of its Financial Institutions Group. The company also announced that Marc Tauber, senior vice president, will lead FIG's broking and advisory team; Patrick O'Neill, senior vice…
–Today eHealth, Inc., a leading private online health insurance marketplace, announced the appointment of Ketan Babaria as SVP, Chief Digital Officer. Prior to M1 Finance, Mr. Babaria served as Chief Product Officer at Roofstock, Head of Product at LifeLock, and Sr. For more than 25 years, eHealth, Inc. has served American consumers with innovative technology and…
With immediate access to pet insurance quotes, users will be able to decide whether they want to add insurance or wellness from leading U.S. pet insurance providers. David Prien, CEO at FirstVet:. Frankie Lopez, Partnerships at Fletch:.
–Arthur J. Gallagher& Co. today announced that its subsidiary, Risk Placement Services, Inc., has acquired Austin, Texas- based Remco Insurance Agencies, Inc. Terms of the transaction were not disclosed. With roots going back to 1987, Remco Insurance is a retail non-standard auto insurance agency serving clients throughout Texas. Arthur J. Gallagher& Co., a global…
The Congressional Research Service issued the following Insight white paper on the Building Resilient Infrastructure and Communities Program on Jan. 19, 2023, by Diane P. Horn, flood insurance and emergency management specialist:. FEMA introduced a new program in FY2020, the Building Resilient Infrastructure and Communities Grant Program, with $500…
In the latest twist in a long-running saga, a bill to change city law to allow the Adams administration to begin charging insurance premiums to retirees who opt not to move into a new Medicare Advantage plan appears to be dead. Adams may yet try to ax the original Medicare program to leave only the new one standing, though that’ s a less ideal solution to letting the…
Former President Donald Trump is pressuring Republicans in Congress to steer clear of making cuts to the biggest drivers of the national debt— Medicare and Social Security— in their quest to bring some fiscal sanity to Washington. “Under no circumstances should Republicans vote to cut a single penny from Medicare or Social Security to help pay for Joe Biden’ s…
The American College of Radiology (ACR) has offered the Centers for Medicare and Medicare Services Center for Consumer Information and Insurance Oversight solutions to help ensure an independent dispute resolution process for out-of-network care reimbursement.
Fed-speak, Alan Greenspan once explained, was about practicing the art of constructive ambiguity. Testifying to Congress as Fed chairman, Greenspan would resolve a sentence in a deliberately obscure way that made it incomprehensible, "but nobody was quite sure I wasn't saying something profound when I wasn't." Speaking on Tuesday at a symposium on central bank…
The region's highly skilled and educated workforce and the presence of leading health care, higher education and technology organizations here position New England well for the future, Federal Reserve Bank of Boston President Susan Collins said Thursday. But slowing population growth and labor challenges exacerbated by changes in the ways people work…
Federal Reserve officials say they will stay out of politics. Members of Congress blame the Fed for raising interest rates to combat inflation. Through myriad actions in financial markets, the Federal Reserve can push interest rates low, even to zero, to influence the availability of credit.
According to Kansas Attorney General Kris Kobach, Nanci M. Rowlett was sentenced Thursday in Miami County District Court on one count of mistreatment of an elder person and one count of committing a fraudulent insurance act. A judge sentenced Rowlett to pay $10,100 to Colonial Life and Accident Insurance Company and $7,572.52 to various individual victims.
Sprinter Usain Bolt could have been victimized by investment fraud. Champion sprinter Usain Bolt is used to living life in the fast lane, but he's hit a major speed bump after Bolt's investment firm acknowledged that $12.7 million is missing from his account. Bolt, a legend on the track and in his home country of Jamaica, and the winner of eight Olympic gold medals,…
The U.S. Attorney for the Western District of New York, Trini E. Ross, issued the following news release:. U.S. Attorney Trini E. Ross announced today that Michael MacPherson, 56, of Kenmore, NY, pleaded guilty before U.S. Assistant U.S. Attorney Charles M. Kruly, who is handling the case, stated that in January 2017, MacPherson solicited an individual from Kansas to invest…
Jan. 22— Indicted by a Morgan County grand jury on three counts of home repair fraud and two related counts of forgery, a Huntsville man remains in the Morgan County Jail more than six months after his arrest. Decatur police charged Johnny Ray Jordan, 61, with the five felonies after Decatur and Lacey's Spring residents reported they hired and paid Jordan, who…
The attorney, David Sargent, 38, of Glenview, was found guilty of six counts of securities fraud, but acquitted of conspiracy to commit securities fraud. “It is impossible for a rational jury to have found that Mr. Klundt had not tipped Mr. Sargent, and yet somehow also found that Mr. Sargent was tipped,” attorney Christopher Grohman said. An indictment filed in January…
WASHINGTON- The Treasury Department says it has started taking "extraordinary measures" as the government has run up against its legal borrowing capacity of $31.381 trillion. New USDA rule boosts "organic" food oversight, targets fraud. The rule strengthens enforcement of the USDA's strict definitions of organic, which requires these foods to be made with…
