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DIFS DIRECTOR ANITA FOX SELECTED TO SERVE IN LEADERSHIP ROLES FOR THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS AND THE INTERNATIONAL ASSOCIATION OF INSURANCE SUPERVISORS

February 4, 2026

Michigan Department of Insurance and Financial Services Director Anita Fox has once again been selected to serve in several key roles at the National Association of Insurance Commissioners and at the International Association of Insurance Supervisors in 2026. These roles will ensure that Michigan has a strong voice in insurance regulation and public…

U.S. ECONOMY: THE ROAD AHEAD

February 4, 2026

The following information was released by the Federal Reserve Bank of Richmond:. President, Federal Reserve Bank of Richmond. These are my thoughts only and not those of anyone else on the Federal Open Market Committee or in the Federal Reserve System.

BROOKLYN BANKER PLEADS GUILTY TO LAUNDERING PROCEEDS OF MEDICARE FRAUD FOR TRANSNATIONAL CRIMINAL ORGANIZATION

February 4, 2026

A New York man pleaded guilty today to participating in a scheme to launder more than $8 million in health care fraud proceeds through a U.S. bank on behalf of a transnational criminal organization. According to court documents, Renat Abramov, 36, of Brooklyn, a former relationship manager at a U.S. bank branch in Sheepshead Bay, used his position to aid a…

REP. CHU AND SEN. SCHIFF LEAD CALIFORNIA DELEGATION MEMBERS IN CALLING ON MAJOR INSURANCE COMPANIES TO ENSURE LOS ANGELES FIRE VICTIMS RECEIVE FAIR COMPENSATION

February 4, 2026

Today, Representative Judy Chu and Senator Adam Schiff led 14 members of the California congressional delegation in demanding answers from nine of the state's largest insurance companies about the barriers delaying Los Angeles fire survivors from receiving fair compensation and benefits. These reports raise serious concerns about potential…

ALL BANKING COMMITTEE DEMOCRATS DEMAND CHAIRMAN SCOTT DELAY WARSH NOMINATION HEARING UNTIL SHAM INVESTIGATIONS AGAINST FED BOARD MEMBERS ARE CLOSED

February 4, 2026

Washington, D.C. All eleven Democratic Members of the Senate Committee on Banking, Housing, and Urban Affairs sent a letter to Chairman Tim Scott calling on him to delay the nomination hearing of President Trump's Fed Nominee, Kevin Warsh, until all pretextual investigations against current Federal Reserve Board members are closed. Signers of the letter to…

WHITEHOUSE REINTRODUCES BILL TO REFORM PRIOR AUTHORIZATION AND DELIVER CARE TO PATIENTS FASTER

February 4, 2026

The following information was released by Rhode Island Sen. Washington, DC U.S. Senator Sheldon Whitehouse todayreintroduced the Prior Authorization Relief Act, legislation to cut the administrative burdens associated with prior authorizations a tool that requires health care providers to secure approval from health insurance plans before…

REED LEADS CALLS FOR FED'S MIRAN TO IMMEDIATELY END IMPROPER ARRANGEMENT AND RESTORE FED INDEPENDENCE

February 4, 2026

Trump economic advisor and current Federal Reserve Governor Stephen Miran was nominated to a short, four-month term at the Federal Reserve that ended last Saturday, January 31. Your extended tenure at the Federal Reserve has only compounded what was an improper arrangement from the outset, and this dual employment must end. " At worst, you are doing the…

CASSIDY, KENNEDY, REPUBLICAN COLLEAGUES CALL FOR END TO BIDEN-ERA FLOOD INSURANCE PREMIUMS

February 4, 2026

The following information was released by Louisiana Senator Bill Cassidy:. U.S. Senator Bill Cassidy, M.D. led the chargewith U.S. Senators John Kennedy, Cindy Hyde-Smith, Roger Wicker, Jim Justice, Shelley Moore Capito, Tommy Tuberville, and John Cornyn to call on the U.S. We write to follow up on our June 9, 2025 letter to then-Acting Administrator David Richardson…

TUBERVILLE, COLLEAGUES FOLLOW-UP ON CALL TO END BIDEN-ERA FLOOD INSURANCE PREMIUMS

February 4, 2026

The following information was released by Alabama Senator Tommy Tuberville:. Rather than reducing federal exposure, Risk Rating 2.0 risks increasing long-term disaster costs while weakening the insurance base Congress intended the program to rely upon, "wrote the senators. Sen. Tuberville was joined by U.S. Sens Shelley Moore Capito, Bill Cassidy, John Cornyn,…

KENNEDY, CASSIDY, COLLEAGUES URGE FEMA TO HALT RISK RATING 2.0, BLOCK FLOOD INSURANCE PREMIUM HIKES

February 4, 2026

The following information was released by Louisiana Senator John Kennedy:. John Kennedy and Bill Cassidy, along with Sens. Cindy Hyde-Smith, Roger Wicker, Jim Justice, Shelley Moore Capito, Tommy Tuberville, and John Cornyn, urged acting Federal Emergency Management Agency Administrator Karen Evans to halt further implementation of the Risk Rating 2.0…

GALLEGO, REED LEAD COLLEAGUES IN CALLING ON FEDERAL RESERVE GOVERNOR MIRAN TO IMMEDIATELY RESIGN

February 4, 2026

Your extended tenure at the Federal Reserve has only compounded what was an improper arrangement from the outset, and this dual employment must end. " At worst, you are doing the President's bidding and threatening to put the nation on the same path of high inflation and high unemployment known as stagflation we experienced when President Nixon similarly…

Federal Reserve governor Miran steps down from White House post

February 3, 2026

—Federal Reserve governor Stephen Miran has stepped down from his position as chair of the White House's Council of Economic Advisers, ending a controversial arrangement where he held positions at both institutions. His resignation was confirmed by White House spokesman Kush Desai late Tuesday. It is unusual for someone to keep a White House position while…

Study Results from University of Rhode Island Provide New Insights into Investment (Facing Crisis, What Should the Central Bank Say?): Investment

February 3, 2026

2026 FEB 03– By a News Reporter-Staff News Editor at Economics Daily Report– A new study on Investment is now available. Financial supporters for this research include China Postdoctoral Science Foundation Project‘ Semantic Recognition of Central Bank Communication, Guidance of Inflation Expectations and Optimization of Central Bank Credibility’, China…

State Farm, Travelers, and Progressive Homeowners Insurance Customers Have Opportunity to Join Schall Law Firm Investigation into Insurers’ Decision to Change Insurance Deductibles and Terms Without Homeowners’ Knowledge

February 3, 2026

The Schall Law Firm, a national litigation firm, announces that it is investigating claims on behalf of homeowner policyholders of State Farm, Travelers, and Progressive for breach of covenant of good faith and fair dealing and other potential claims. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los…

An Application for the Trademark “RELIANCEMATRIX A MEMBER OF TOKIO MARINE GROUP” Has Been Filed by Reliance Standard Life Insurance Company: Reliance Standard Life Insurance Company

February 3, 2026

2026 FEB 03– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ RELIANCEMATRIX A MEMBER OF TOKIO MARINE GROUP” by Christina D. Frangiosa Neal& McDevitt, LLC, representing Reliance Standard Life Insurance Company.

CVS Pharmacy, Inc. Trademark Application for “CVS FLEX BENEFITS” Filed: CVS Pharmacy Inc.

February 3, 2026

2026 FEB 03– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ CVS FLEX BENEFITS” by Erich G. Rhynhart, representing CVS Pharmacy, Inc. This application was made available to the public on January 21, 2026.

Henrico-based Arko launches IPO of petroleum subsidiary, seeks up to $910M

February 3, 2026

Arko Petroleum is seeking a valuation of as much as $910 million in its U.S. initial public offering, the company said Tuesday, the latest to test the waters in a strong listings market. Henrico County-based Fortune 500 convenience store operator Arko filed a registration statement Dec. 19, 2025, with the U.S. Securities and Exchange Commission for the IPO of its…

Medicaid in Mississippi

February 3, 2026

Cindy Brown, outreach coordinator for the Mississippi Division of Medicaid, recently visited Picayune to educate the community about the significance of Medicaid and to help residents better understand their options. Mississippi declined expansion funds because of these ongoing changes. Individuals in Mississippi currently must recertify their…

Prudential of Japan Implements Voluntary 90-Day Suspension of New Sales to Address Previously Disclosed Employee Misconduct

February 3, 2026

Prudential of Japan implementing action plan to address employee misconduct issues Establishing independent program to reimburse impacted customers Support for existing POJ customers and servicing of in-force policies is not impacted. TOKYO& NEWARK, N.J.—- The Prudential Life Insurance Company, Ltd. and its parent company, Prudential Financial, Inc.,…

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