She obtained health coverage through a state program that provides taxpayer-funded insurance to immigrants like her who are in the country without legal permission as well as green card holders who haven’ t been in the U.S. long enough to qualify for Medicaid, the traditional health care program for the poor. But in just a few months, Francisca and more than…
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Mike Kennedy, a Republican representing the state’ s 3rd Congressional District. Rep Burgess Owens, a Republican who represents Utah’ s 4th District, said there is misinformation circulating about what the budget does. They are particularly concerned in Utah because a law passed in 2019 means winding down or completely removing Medicaid expansion– and…
Investors are bracing for a crucial week as the Federal Reserve prepares to release its latest policy decision, with financial markets on edge over inflation trends, trade tensions, and the outlook for interest rates. The central bank is widely expected to hold its benchmark rate steady at 4.25% to 4.5% following its two-day meeting ending Wednesday, but the focus will be on…
Annuities boomed in the United States in recent years as equity markets, higher interest rates and an aging population all contributed to record demand. The U.S. Federal Reserve began raising interest rates in March 2022 to combat rising inflation. Mike Downing, executive vice president and chief operating officer of Athene Holding Ltd., said surrenders are…
Kimelman & Baird LLC trimmed its stake in Chevron Co. (NYSE:CVX – Free Report) by 12.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,682 shares of the oil and gas company’s stock after selling 5,250 shares during the quarter. Kimelman &…
Tocqueville Asset Management L.P. lowered its stake in The Home Depot, Inc. (NYSE:HD – Free Report) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 925,910 shares of the home improvement retailer’s stock after selling 16,412 shares during the period.…
Cozad Asset Management Inc. grew its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Free Report) by 141.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,890 shares of the semiconductor company’s stock after acquiring an additional 14,005 shares…
This week’s economic calendar is packed with key reports and influential Fed speeches – and all eyes will be on the Fed’s decision at the Federal Open Market Committee meeting. The committee is expected to hold the federal funds rate at 4.25–4.50%, reflecting a cautious, wait-and-see approach amid persistent inflation pressures and growing economic uncertainty.
There is a big week ahead for the Forex market, with policy meetings at four major central banks including the US Federal Reserve.
Overview: The US dollar begins the new week quietly. The week features four G10 central bank meetings, and real sector data that may show the US economy is resilient despite the Atlanta’s Fed’s pessimism (which will be updated today). President Trump renewed his warning that reciprocal and sectoral tariffs will be announced on April 2. The greenback is trading with a mostly softer…
A federal jury convicted a Maryland woman yesterday for conspiracy to commit insurance fraud, and related charges for wire fraud, money laundering and filing false tax returns. According to court documents, Maureen Wilson, of Owings Mills, conspired with her husband James Wilson to defraud insurance companies by obtaining over 40 life insurance policies for…
If you're looking to upgrade your home, consider making it to your roof. A good roof can protect your home, add value and cut insurance costs.
Legislation proposed by U.S. Sen. Ron Wyden (D-OR), and U.S. Reps. Deborah Ross (D-NC) and Kathy Caster (D-FL) would create criminal penalties for health insurance brokers who change Americans’ Affordable Care Act plan without their consent. © Shutterstock The bill, the Insurance Fraud Accountability Act, would hold insurance brokers and marketers responsible for profiting off…
By Dr. David Edward Marcinko MBA MEd CMP® *** *** SPONSOR: http://www.MarcinkoAssociates.com THE MEDICAL AND HEALTHCARE ACTUARY Health actuaries analyze potential risks, profits and trends that will affect their employers, which are often in the health insurance, government health services and medical provider industries. They advise companies on issuing policies to consumers…
Van Hulzen Asset Management LLC boosted its holdings in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 4.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 156,854 shares of the oil and gas company’s stock after purchasing an additional 6,045 shares…
The thesis holds that a multi-decade super cycle Credit Bubble – over recent years succumbing to “terminal phase excess” – has turned increasingly fragile. Q4 2024 Z.1 data from the Federal Reserve corroborate the analysis.
Tibucio Coronado has filed a lawsuit against a major insurance company, alleging breach of contract and unfair settlement practices. The complaint was lodged in the District Court of Harris County, Texas, on March 7, 2025, targeting Allstate Vehicle and Property Insurance Company. Coronado claims that the insurance provider failed to honor its obligations under his…
The Bank of England, Sweden’s Riksbank, and the Bank of Japan are set to meet, and they will likely not do anything. The BOE will keep the door open to further cuts, while the BOJ could start looking at additional hikes.
In California right now, too many homeowners live in fear of nonrenewal. I serve as California's elected insurance commissioner. As established under Proposition 103 more than 35 years ago, California's insurance rates require the insurance commissioner's approval before they take effect.
