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6 States Taking A Multiyear Approach To LTC Costs

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Facing mounting pressures on Medicaid budgets, some states are forging a vision for what is necessary to finance a growing…

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As millions of Americans shelter in place, work from home, or face business closures and layoffs, the number of cars on the road has fallen precipitously and, as a result, the number of daily car accidents will diminish dramatically, consumer groups say.

The National Association of Insurance Commissioners will be holding a full-day special session of the nations’ chief state insurance officials on March 22, 2020, to discuss state response and coordination around COVID-19.

Sammons Financial Group will lay off an unspecified number of employees during the first quarter of 2019. The company cited efficiencies and automation as reasons behind the layoffs, which follow last month’s announcement of layoffs by Nationwide.

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President Donald Trump signed four executive orders Friday aimed at lowering prescription drug prices for consumers, including allowing the importation of drugs from other nations.

Two-thirds (67%) of Americans say that the pandemic has been a wake-up call for them to reevaluate their finances, according to a new study by Life Happens, a nonprofit dedicated to educating consumers about the importance of life insurance and other related products for sound financial planning.

—Further acknowledging that climate change is a growing concern in his state, Florida Gov. Ron DeSantis has signed into law a measure requiring public coastal construction projects to first be reviewed for impacts on the state's fragile seashore because of rising sea levels. The bill was one of 28 signed into law by DeSantis late Monday, including one that…

—Oklahoma voters are deciding Tuesday whether to expand Medicaid to tens of thousands of low-income residents and become the first state to amend their Constitution to do so. Idaho, Maine, Nebraska and Utah have all expanded Medicaid through ballot questions, but did so by amending state statutes, according to the nonpartisan Kaiser Family Foundation.

Jun. 30– In one of Florida's biggest healthcare schemes, 10 business people from Miami and elsewhere have been charged with submitting $1.4 billion in bogus bills for urinalysis and blood tests through rural hospitals, federal prosecutors said Monday. Among those charged with conspiring to commit healthcare fraud: Jorge Perez, 60, Ricardo Perez, 57, Aaron…

—Democrats pushed a strengthening of“ Obamacare” patient protections toward House passage Monday, an effort they hoped would help them sharpen the coronavirus pandemic and President Donald Trump's efforts to scuttle the increasingly popular law into a lethal campaign-season weapon. For Democrats, the bill was a chance to showcase their support for…

–Today’s cars are safer than ever thanks to advanced engineering and technology, but some drivers intentionally turn off or disable features that could help them avoid crashes. Erie Insurance, a car insurance company concerned about the safety of its customers and all drivers, commissioned a national survey to find out which features drivers disable the most…

In Michigan, First Street finds almost 400,000 more properties with flood risk than FEMA identifies– a big potential liability for property owners and renters, as most outside of FEMA flood zones are probably not covered by flood insurance, meaning their regular insurance wouldn't cover their losses if a flood occurred, and forcing residents to pay out of…

It wasn’ t long ago that Minnesota had some of the safest roads in the nation based on its low death rate per every million vehicle miles traveled. Even before COVID, Minnesota had a speeding problem. With nearly 26% of traffic fatalities involving speeding over the five-year period, Minnesota came in at No. 35 in the ranking of states with the most speeding-related…

Amid the coronavirus pandemic that has sickened more than 2.4 million Americans, the Trump administration has asked the Supreme Court to invalidate the Affordable Care Act, arguing the individual mandate has been made unconstitutional due to recent tax legislation.

The Insurance Information Institute's Board of Directors approved plans this month to have the Triple-I enter into an affiliation with The Institutes, and The Institutes' Board yesterday agreed to the affiliation. “This forward-looking decision is the culmination of several years of strategic dialogue both internally at the Triple-I and with The…

A new study conducted by the Employee Benefit Research Institute finds that unmarried women had lower levels of retirement confidence than their married counterparts and were more likely to have fewer resources and be less prepared for retirement. The research also finds over half of unmarried women retired earlier than they expected.

Allianz Investment Management LLC, a wholly owned subsidiary of Allianz Life Insurance Company of North America, today introduces its new exchange-traded fund product line with the launch of the AllianzIM U.S. Large Cap Buffer10 Apr ETF and the AllianzIM U.S. Large Cap Buffer20 Apr ETF. “Our ETF offerings seek to provide a clearer path of return expectations by…