The property/casualty operating subsidiaries of Fortegra include Lyndon Southern Insurance Company; Insurance Company of the South; Response Indemnity Company of California; Blue Ridge Indemnity Company; Fortegra Specialty Insurance Company; and Fortegra Europe Insurance Company SE. Furthermore, AM Best has maintained the under review with positive…
Newswires
The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Wednesday invited public comment on a proposal that would allow U.S. banks and credit unions to use intermediaries to transfer funds through the FedNow Service. For example, it would allow U.S. banks to use FedNow to transact with correspondent banks to…
As a result, Aflac— American Family Life Assurance Co.— is cutting premium rates on 16 different policies by as much as 35%, its filings with the bureau show. In addition, Aflac agreed to pay a $64,000 fine to settle the matter. In the review, bureau staff checked six specific Aflac policies that offered supplement coverage when policyholders suffer injuries from…
The Central Bank of Liberia has mounted a robust justification of its plan to print additional Liberian dollar banknotes, arguing that the move is a technical necessity driven by economic expansion, currency deterioration, and structural realities of a cash-based economy–not an inflationary policy shift. The justification was laid out on Wednesday…
Ke Zhang of Astrus Insurance Solutions was selected as a recipient of the Business Insurance 2026 Break Out Awards. According to Business Insurance, the Break Out Award winners are professionals in the commercial insurance and risk management sectors with no more than 15 years of industry experience who possess exceptional leadership, expertise and…
INDIANAPOLIS— Indiana nursing homes are owed hundreds of millions in back payments for services provided under the state's Medicaid program for long-term care. The Strategies operates five nursing home and rehabilitation facilities across the state in Muncie, Loogootee and Vincennes and employs roughly 300 Hoosiers to care for 230 residents.
The following information was released by the American Hospital Association:. The Centers for Medicare and Medicaid Services April 8 issued guidance on implementing a provision within the reconciliation bill passed in July 2025 regarding federal matching funds for full Medicaid and Children's Health Insurance Program benefits for certain U.S….
Jennifer Stein testifies before the House Health Finance and Policy Committee April 8 in support of a bill sponsored by Rep. Carlie Kotyza-Witthuhn, right, that would require health plans to cover infertility treatment. She told the House Health Finance and Policy Committee that her husband was diagnosed with leukemia in 2014 and how their journey ended with…
And now some Massachusetts lawmakers and the American Association of Retired Persons are calling for a statewide ban of the machines. One victim, Nancy Lannom of Waltham, got an email purportedly from the online financial company PayPal, warning that her bank account had been compromised. But Waltham police managed to recover about $12,000.
WEDNESDAY, April 8, 2026- Drug companies AbbVie and Genentech will start selling medications at lower prices through the White Houseâ ™ s "TrumpRx" website. Through the program, the price will drop to about $950, a roughly 86% discount, a White House official told CBS News. Patients who have insurance usually pay less than the full list price, CBS News said.
Provident Financial Services, Inc., the parent company of Provident Bank, reported that Michael A. Perito has been appointed Head of Investor Relations. According to a release, Perito will continue to serve as Senior Vice President and Head of Corporate Strategy for Provident Bank, where he is responsible for helping guide the organization's long-term…
Escalating tensions in Iran are accelerating global de-dollarization as central banks pivot from U.S. Treasuries to gold.
Part of Governor's Efforts To Combat the High Cost of Auto Insurance by Tackling Fraud, Waste and Abuse: New York State Second in Nation For Staged Crashes. Governor Kathy Hochul today announced that the New York State Police and Department of Financial Services will partner to crack down on insurance fraud by hosting a specialized training to further…
The following information was released by the U.S. Department of Justice:. The new indictment, on one count of making a false statement, accuses him of applying for Social Security disability benefits on Jan. 28, 2026, claiming that he had not worked since 1993. Taylor pleaded guilty in U.S. District Court in St. Louis in September to one felony count of theft of…
Governor Hochul: "Today, I'm pleased to announce a new partnership between DFS and the State Police and local law enforcement agencies across the entire state to strengthen how we detect and investigate insurance fraud. And as part of that, the State Police will hold a symposium and literally train over 250 state troopers and investigators from across the state.
The Federal Reserve has been in the news these days. But what most people want to know is whether they can trust the Federal Reserve. Today, I will try to address these issues and describe how the structure of the Federal Reserve, designed by Congress over 100 years ago, had these very concerns in mind.
The following information was released by the Colorado Senate Democrats:. The Senate Health and Human Services Committee today unanimously passed bipartisan legislation to expand preventive health care coverage to combat chronic kidney disease. HB26-1019, sponsored by Senator Dylan Roberts, D- Frisco, would ensure early-stage kidney function screening…
Colorado Democrats are reviving a proposal to levy a new fee on home insurance companies, with the aim of distributing grants to fund "resilient" roofing. Kyle Mullica, D- Thornton, Senate Bill 155 creates a government "enterprise," which would collect a 0.5% fee of the total premium collected by an insurer on what's called "multiperil" homeowners' insurance policies.
The Trump administration is targeting health care fraud and abuse at a pivotal moment. In 2021, the Centers for Medicare and Medicaid Services estimated it processed over 1.1 billion Medicare fee-for-service claims and made payments to 1.5 million institutional providers and clinicians. With the federal Treasury footing much of the total bill, it is not…
