AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Hong Leong Insurance Limited. The outlook of these Credit Ratings is stable. HLIA’ s very strong balance sheet strength assessment is underpinned by its risk-adjusted capitalisation, which was at the strongest level in fiscal year-end 30 June 2025, as measured…
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The average 30- year fixed mortgage rate rose six basis points to 5.97% in the week ending Jan. 22, according to rates provided to NerdWallet by Zillow. Federal Reserve is expected to leave rates unchanged. At next week's Federal Reserve meeting on Jan. 28-29, central bankers are largely expected to hold the overnight borrowing rate steady.
All through the fall, I heard stories of hope and healing from breast cancer patients who, through new treatments and innovations, are living longer and breaking free from the disease. And while I'm happy for these patients and their families, it also hurts because my family was not so lucky. We were robbed of hope and healing by my mother's health insurance company.
She was born April 28, 1948, in Harrison, Ohio, daughter of Walter S. Wakefield and Florence M. Johnston. After graduating from Miami University, Melinda had two full careers before retiring, first at Union Central Life Insurance Company in Cincinnati and then at the Disabled American Veterans national headquarters when it was in Cold Spring, Kentucky.
An independent U.S. monetary authority is imperative for economic growth, prosperity, stability and— indeed— sustainability! About 50 years ago, my dissertation developed an early model of the monetary system and measured the effects of Federal Reserve policy. After the Panic of 1907, Congress created the Federal Reserve in 1913, formally added the Federal…
WASHINGTON— U.S. Supreme Court justices across the political spectrum appeared skeptical of President Donald Trump's swift, informal dismissal of Federal Reserve Board Governor Lisa Cook, and his effort to influence the independent central bank that governs monetary policy in the United States. The oral arguments Wednesday drew a high-profile…
Tens of thousands of people in and around the Lehigh Valley with Medicare Advantage plans through UnitedHealthcare will find Lehigh Valley Health Network doctors and hospitals out of their networks starting Monday. In late October, LVHN, part of Jefferson Health, announced that due to continued decreases in reimbursements and stalled negotiations on a new…
The following information was released by Public Citizen:. Today, the House Energy and Commerce Health Subcommittee and the House Ways and Means Committee held hearings demanding answers from insurance executives on their abusive business practices, including high profits, high revenues and delays, denials and prior authorizations of care.
NCUA placed Beverly Hills City Employees FCU into conservatorship because of unsafe and unsound practices at the credit union. Member deposits at Beverly Hills City Employees FCU remain protected by the National Credit Union Share Insurance Fund, which has the backing of the full faith and credit of the United States. Administered by NCUA, the Share…
GOP candidates and Duggan have stood by Trump's price-hiking agenda. With costs skyrocketing and fewer Michiganders receiving health care coverage, each of the Republican candidates for governor and MAGA-funded Mike Duggan have stood by Trump's disastrous agenda as the GOP's health care crisis has unfolded:. Read more on the GOP health care crisis and how…
Congressman MikeFlood releaseda statement following the FinancialServices Committee's passage of the bipartisan' TRIA Program Reauthorization Act of 2026.' Congressman Flood is the original sponsor of the bill, which extends authorization of the Terrorism Risk Insurance Program through 2034. Congressman Andrew Garbarino, Congressman…
Columbus Dispatch:' Ohio saw the second-largest percentage decline in signups in the nation'. Columbus, Ohio New reporting shows that 120,000 fewer Ohioans have signed up for coverage through the Affordable Care Act marketplace compared to last year after Jon Husted refused to support extending the ACA tax credits and lowering health care costs.
House of Representatives Committee on Energy and Commerce, Republicans:. Today, Congressman Morgan Griffith, Chairman of the Subcommittee on Health, led a hearing titled Lowering Health Care Costs for All Americans: An Examination of Health Insurance Affordability, featuring witness testimony from the biggest health insurance plan CEOs in the United…
Today, during a Ways and Means Committee hearing, U.S. Representative Mike Kelly, a member of the Ways and Means Subcommittee on Health, called on the CEOS from the nation's top health insurance companies to publicly support his popular bipartisan legislation, the Improving Seniors' Timely Access to Care Act.The legislation would streamline the Medicare…
Congressman Steven Horsford pressed Executives from serval of the nation's largest health insurance companies for answers during today's House Ways and Means Committee hearing, highlighting the real-world consequences of recent health care cuts and Republicans' failure to extend the Affordable Care Act's Advanced Premium Tax Credits, and the growing…
MURPHYSBORO— Jackson County received a dividend check for just over $35,000 connected to its employee health insurance program during the latest County Board meeting at the Jackson County Courthouse. Kevin Kern of Snedeker Risk Management addressed the board and explained that the HOPE Trust was formed about 15 years ago with four counties and has since…
The conflict between President Donald Trump and Federal Reserve Chairman Jerome Powell is raising urgent questions about the independence of the regulatory system. One is whether the president can remove the chairman of the Federal Reserve. More recently, Trump has also targeted Powell over his handling of the $2.5 billion renovation of two Federal…
U.S. health care costs grow faster than inflation, exceeding other large, wealthy nations in per capita health spending, according to KFF, a health policy research non-profit. Against this backdrop, some of the top health care executives in the U.S. weathered an all-day grilling Thursday in front of two House committees. UnitedHealth Group CEO Stephen Hemsley…
A California family fought for five years to appeal United’ s denial of coverage for treatment related to their three-year-old’ s diagnosis of a rare bladder tumor and had to declare bankruptcy due to medical debt. UnitedHealth Group CEO Stephen Hemsley, who fielded the most questions about denied claims, could not defend his company’ s decisions.
