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Question:“ Tim, can you explain the difference between term and whole life insurance, and which one is better? ”Kristin from Flowood, Mississippi Answer: Kristin, thank you for your question! In my opinion, life insurance has four purposes: 1) To cover the cost of your burial, cremation, and/or funeral services: As of today, the national average for these services range…

The following information was released by the Federal Reserve Board:. Thank you, President Schmid, for the invitation to join you today, and thanks also to the Federal Reserve Bank of Kansas City for hosting this conference for community bankers on the future of banking. As many of you know, this is my hometown Reserve Bank.

AI insurance: The $7 trillion rebuild. This is one of the problems that Eliron Ekstein, founder and CEO of Austin- based startup Ravin, is setting out to solve, with AI-powered tools that can verify real damage and stop fraudsters like these in their tracks. And Ekstein's not the only one using AI to try to transform the $7 trillion insurance market, as this article…

DETROIT, MICHIGAN- May 15, 2026- The Federal Reserve has stopped cutting interest rates thanks to persistent inflation, a war in Iran that has sent gas prices soaring and geopolitical tensions that don't appear to be abating. But what wasn't expected was the dissent within the Federal Reserve. Instead of a unanimous vote, the FOMC was split 8-4, with Fed officials…

Kim Reynolds, according to the Iowa Medical Society. Reynolds signed the bill at Monroe County Hospital and Clinics in Albia, according to the Iowa Medical Society, which is a statewide organization that advocates on behalf of Iowa doctors. "This law addresses a high priority for physicians across Iowa— fewer barriers to care and decisions grounded in clinical…

ALBANY— State lawmakers in New York are looking to block insurance companies from terminating coverage for their clients based on their genetics. On Wednesday, Assemblyman Jeffrey Dinowitz, D- Bronx, and a group of advocates called for his colleagues in the state Senate and Assembly to pass his bill that would block life, long-term care and disability insurers…

Now a Republican lawmaker is hosting a Capitol Hill discussion on a key provision of the legislation amid growing concerns that the law's arbitration system is being exploited and driving up health care costs. On May 15, U.S. Rep. Aaron Bean is bringing together representatives from employers, doctors, insurers and industry groups to address the issue.

Founded on May 15, 1851 in Springfield, Massachusetts by 31 investors who pooled together $100,000 to create a company to help their friends and neighbors protect their loved ones, MassMutual has grown into one of America’ s largest mutual life insurance companies, serving more than four million customers 1 with over $1 trillion in life insurance in force 1,…

PHOENIX– In Arizona, there were just under 1.8 million recipients of AHCCCS– the Arizona Health Care Cost Containment System, or the state's Medicaid program, as of April 2026. Daniel Derksen, an expert on the Arizona healthcare system. President Donald Trump's One Big Beautiful Bill introduced Medicaid restrictions that look to redefine work and income level…

The following information was released by the Federal Reserve Board:. At the Money Marketeers of New York University, New York, New York. There has been a lot of discussion of late about reducing the size of the balance sheet of the Federal Reserve to reduce our "footprint" in the financial system.

—When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs. The Fed's key short-term rate rose to a two-decade high in 2023, even as unemployment fell to a half-century low. But in January, he pushed back against an unprecedented legal…

—When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs. The Fed's key short-term rate rose to a two-decade high in 2023, even as unemployment fell to a half-century low. But in January, he pushed back against an unprecedented legal…

The following information was released by Americans for Prosperity:. Americans for Prosperity- New Hampshire today commends the House for rejecting SB 498, a misguided proposal that would have created a new insurer assessment scheme and shifted costs onto Granite State families through higher health insurance premiums. "AFP-NH applauds the House for…

The following information was released by the Insurance Information Institute:. MALVERN, Pa., May 15, 2026 The U.S. property/casualty insurance industry showed improving underwriting conditions in 2025 following several years of elevated catastrophe losses, inflation-driven claims costs, and post-pandemic economic volatility. These findings are…

The following information was released by the Michigan House of Representatives, the Republicans:. Julie Rogers today introduced bipartisan legislation aimed at simplifying Michigan's no-fault auto insurance system by creating clearer standards for long-term injury care, reducing costly legal disputes and making reimbursement rules more…

HONOLULU The Department of Commerce and Consumer Affairs Insurance Division reminds consumers to evaluate their insurance policies before hurricane season, which begins June 1. Forecasters are indicating that El Nio conditions may develop heading into summer, which can increase hurricane activity in the Central Pacific Basin and heighten the…

The following information was released by the office of the Governor of Massachusetts:. Governor Maura Healey today announced that the Division of Insurance has finalized updated regulations that eliminate prior authorization requirements for routine and essential health care, including cancer scans and medications for chronic conditions like…

TOPEKA— Kansas state employees can choose between two health insurance companies after the Health Care Commission voted Monday to move forward with Aetna and Blue Cross Blue Shield of Kansas. Commission members debated whether to choose Aetna, dropping Blue Cross, for the state's health insurance beginning Jan. 1, 2027, to save an estimated $240 million over…

The following information was released by the office of Wisconsin Rep. Congressman Scott Fitzgerald's Keeping Violent Offenders Off Our Streets Act, legislation aimed at combating radical bail policies by subjecting bail bonds to insurance fraud laws, passed the House of Representatives today. "Communities across the country have suffered the…