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Jerome Powell was the chairman of the Federal Reserve for eight years, until just weeks ago when Kevin Warsh was appointed to the post by President Donald Trump, and remains on the board even now. Now government watchdog Judicial Watch is asking for access to two grand jury subpoenas issued in connection with that criminal probe into the spending $2.5 billion…

OWASCO— To address rising health insurance costs, Cayuga County is considering a change that would offer only high-deductible plans for new non-bargaining employees. The resolution, which was advanced by the Cayuga County Legislature's Ways and Means Committee on Tuesday, would require new non-bargaining employees hired after Jan. 1, 2027, to choose one of…

2026 AUG 20– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in Influenza. According to news reporting out of Auckland, New Zealand, by NewsRx editors, research stated,“ Using a novel, hand-collected dataset of U.S. life insurance companies during the influenza pandemic of 1918-9, we show that high-exposure life insurers…

The news reporters obtained a quote from the research from Federal Reserve Bank,“ Increased immigration-related costs and higher wage costs of hiring immigrants may reduce the welfare of citizens of the host country. For more information on this research see: Import Tariffs and Illegal Immigration: a Strategic Analysis. Review, 2026; 108: 1-12. Review can be…

Our news editors obtained a quote from the research from University College Dublin,“ We develop a new identification method using the implicit probability of change of the federal fund rate, and analyze the impact of the Fed communication’ s sentiment risk profile on the market price discovery process of interest rates, and the uncertainty of the monetary…

AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to InEvo Re Ltd.. The company’ s overall balance sheet strength is supported by sufficient capital and capital sources from Macquarie Asset Management and Macquarie Group. InEvo Re is a wholly owned subsidiary of Macquarie Group and is a Class E Bermuda regulated…

District Judge Michael J. McShane on Wednesday refused to let Chet Michael Wilson, the front man of the alleged scheme, turn his Oregon lawsuit against Freeway Insurance Services of America into a class-action telemarketing abuse case and ordered 14 other similar cases filed by Wilson in federal court in Oregon to be paused. McShane allowed discovery for the…

Arkansas is one of a dozen states with a waiver expiring Dec. 31 that face the additional restrictions the Trump administration has placed on new or renewed waivers. Though it has yet to finalize its decision, the federal Centers for Medicare& Medicaid Services said Arkansas' 13- year-old waiver does not comply with new "budget neutrality" rules that take effect…

For more than 60 years, Lordon Management has helped California community associations navigate changing markets, laws, natural disasters, and economic challenges. Rising insurance premiums are not necessarily the result of issues within an individual community— they reflect a much larger insurance market challenge affecting community associations…

AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb” of EFU General Insurance Limited. Increased holdings of listed equities in addition to the excellent performance of the Pakistan Stock Exchange in 2025 led to an increase in the weighting of listed equities on the company’ s balance sheet.

Quite a few years ago now, my wife fell on the street while crossing, and jammed her little finger on one hand. Considering traffic and darkness, it certainly could have been worse. Her insurance through employment, Health Partners, while quite good for most things in-network, didn't cover some of what Mayo required.

After Luigi Mangione was arrested in December 2024 in connection with the killing of UnitedHealthcare CEO Brian Thompson, the internet did what it often does: It turned something serious into a joke. He's now contesting second-degree murder and related charges in New York state, where his trial is on hold while his attorneys argue much of the case should be…

—An Ohio man pleaded guilty to his involvement to what the U.S. Department of Justice is calling the largest healthcare fraud case ever prosecuted. Eldar Zarbavel, 45 of Pepper Pike, Ohio, laundered $3.4 million in "illicit healthcare fraud" proceeds through multiple regional banks, the Justice Department said in a news release. "As alleged in charging documents,…

Maura Healey stopped in Haverhill on Aug. 11 to announce a new statewide effort to help Medicaid recipients who could be at risk of losing their healthcare coverage simply because they missed a letter, deadline or new requirement. Andy Vargas and Ryan Hamilton, Health Care For All Executive Director Jennifer Lemmerman, Community Action Inc. CEO Kerri Perry and…

Patients insured through UnitedHealthcare Medicare Advantage will soon lose in-network benefits at Valley Health facilities, including Winchester Medical Center. Recent negotiations toward a new pact enabling Valley Health to remain in network with the insurer for Medicare Advantage failed. "We gave United a proposal we considered fair and would…

While the U.S. House passed its version of the legislation months ago, the Senate has lagged behind on its own edition, releasing the bill text just this past week. Like the House's version, the Senate's 983- page Agricultural Act of 2026 renews and enhances crop insurance and price support, disaster assistance, risk management programs, operation and marketing…

Alliant Insurance Services has added Rebecca Ellis as Assistant Vice President within its Employee Benefits Group in the Rocky Mountain Region. She earned a master’ s degree in business administration from Idaho State University and a master’ s degree in healthcare administration from Westminster College in Utah. Ellis also completed a postgraduate…