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OID recovers $260M in life insurance benefits

19 hours ago

OKLAHOMA CITY— The state Insurance Department announced that Oklahoma consumers matched with more than a quarter of a billion dollars in life insurance and annuity benefits through the Life Insurance Policy Locator. Since January 2017, more than 13,000 Oklahoma residents have submitted search requests, which resulted in confirmed matches totaling $260…

GBP/USD Signal: Bears Prevail After Fed Decision as Focus Shifts to BoE

September 17, 2026

–Sell the GBP/USD pair and set a take-profit at 1.3300. It fell to 1.3393, down more than 2% from its August high as focus shifted to the upcoming Bank of England interest rate decision. Bank of England Decision Ahead.

Fact check: Did Ryan Fazio vote to raise health insurance costs by $800 like Ned Lamont claims?

September 17, 2026

Ned Lamont is accusing Republican challenger Ryan Fazio of voting to raise healthcare costs for Connecticut families by $800 a month in a new TV campaign ad. The new Lamont campaign ad, titled "My Patients," centers on Fazio's November 2025 vote against using $500 million in state surplus funds to establish a special state contingency fund to respond to federal…

Families of Arkansas children with disabilities say more action needed on waitlist

September 17, 2026

Families of Arkansas children with disabilities packed the Old Supreme Court room at the state Capitol on Wednesday and urged Gov. More than 2,400 Arkansas families are waiting for a Medicaid waiver that will help them meet their children's complex medical and non-medical needs. "This was the moment Arkansas said,' Enough.' This was the moment that a small group…

Double-digit insurance hikes coming

September 17, 2026

Lawmakers on both the left and right expressed outrage about double-digit increases approved for the premiums paid by the 220,000 Connecticut residents buying health insurance on the state's Affordable Care Act exchange. In a public information session last month, the companies that offer plans on the Access Health CT exchange cited factors including…

Double-digit health insurance hikes coming

September 17, 2026

Lawmakers on both the left and right expressed outrage about double-digit increases approved for the premiums paid by the 220,000 Connecticut residents buying health insurance on the state's Affordable Care Act exchange. In a public information session last month, the companies that offer plans on the Access Health CT exchange cited factors including…

COMMISSIONER LARA PROPOSES ENDING USE OF MARITAL STATUS IN CALIFORNIA AUTO INSURANCE RATES

September 17, 2026

The following information was released by the California Department of Insurance:. SACRAMENTO, Calif. California Insurance Commissioner Ricardo Lara today announced proposed regulations to prohibit insurance companies from using a driver's marital status as an optional factor when setting private passenger automobile insurance rates, taking the…

GOVERNOR ABBOTT ANNOUNCES TDI ACTION ON PROPERTY INSURANCE COSTS

September 17, 2026

The following information was released by the office of the Governor of Texas:. The average annual homeowners insurance premium in Texas rose 79 percent in six years, said Governor Abbott. High insurance costs hit Texas families hard.

CompCorrect Becomes RiskCorrect as CCI Takes Industry-Tested, AI-Powered Platform to a Wider Market

September 17, 2026

New Name Reflects Expansion Beyond Workers' Compensation and Broader Availability to Companies with Complex Risk Profiles. –CCI Insurance, a Higginbotham Partner, has rebranded its proprietary CompCorrect platform as RiskCorrect, reflecting its evolution from a workers' compensation claims-management system into a broader commercial…

NUNN BILLS TO COMBAT PAYMENT SCAMS, CUT FINANCIAL RED TAPE PASS FINANCIAL SERVICES COMMITTEE

September 17, 2026

Today, the House Financial Services Committee advanced two bipartisan bills introduced by Representative Zach Nunn the Taskforce for Recognizing and Averting Payment Scams Act and the Consumer-Led Enhancement of Annuity and Insurance Registration Forms Act aimed at stopping payment scams before they drain Iowans' life savings and simplifying the…

Fed raises rates in search of ‘timelier’ drop in inflation, sees more tightening ahead

September 17, 2026

WASHINGTON- The Federal Reserve raised interest rates on Wednesday and flagged more hikes in the coming months, with new U.S. central bank chief Kevin Warsh joining a unanimous decision that effectively acknowledges the Trump administration's inability so far to control inflation that policymakers worry could worsen. While President Donald Trump had…

'The Best Credit in the World': Trump responds to the Fed's interest-rate hike

September 17, 2026

The Federal Reserve Wednesday raised its interest rate target by 25 points, to 4.0%, the first hike under new Chairman Kevin Warsh and the first in three years. President Trump later slammed the move, meant to help stem inflation, saying the interest rate should be at the most 1%. "Interest Rates in the United States should be 1%, or less, because we are the Best Credit in…

Federal Reserve raises rates in first major step by Warsh to contain inflation

September 17, 2026

COLBY S MITH The New York Times. The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, the first increase in more than three years and a significant step by Kevin Warsh, the central bank’ s chair, to combat elevated inflation. He added that the U.S. economy remained strong and unemployment was low, justifying the Fed removing what…

Trump blames Fed board for interest rate hikes

September 17, 2026

—President Trump Wednesday praised Federal Reserve Chair Kevin Warsh, blaming the board instead for the interest rate increase. "I'm relying on Kevin, but he's got a very tough board," Trump told reporters after landing in North Carolina. "He's got a board that was put there by a lot of other people."

Fed raises rates by quarter-point to tame inflation, risking Trump's ire before November election

September 17, 2026

The move angered Mr. Trump, who has repeatedly pressured the central bank to lower rates and recently threatened to cut off trade with countries that sell heavily to the U.S. market but buy far less from American producers. Mr. Trump wrote on Truth Social. Mr. Warsh said the economy appears to be strengthening overall, but inflation "remains elevated," and that…

Trump lashes out at Fed after Warsh backs rate hike

September 17, 2026

US President Donald Trump on Wednesday leveled his most pointed- though still indirect- criticism yet at his hand-picked Federal Reserve chief, fuming on social media over the central bank's move to raise interest rates in a bid to calm persistent inflation. "Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World- BY FAR,"…

Bank of England expected to keep interest rates unchanged despite rising inflation

September 17, 2026

—The Bank of England is expected to keep interest rates unchanged Thursday even though inflation in the United Kingdom has risen to a five-month high as the fallout from the Iran war continues to ratchet up fuel prices. Interest rates in the U.K. had been trending downward from a 15- year high of 5.25% until the U.S. and Israel attacked Iran in late February.

Report Summarizes Science Study Findings from Columbia University (Fema Phase-out? Catastrophic Extremes Challenge Decentralization of Us Flood Insurance): Science

September 16, 2026

2026 SEP 16– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Fresh data on Science are presented in a new report. According to news reporting out of New York City, New York, by NewsRx editors, research stated,“ The U.S. Our news journalists obtained a quote from the research from Columbia University,“ Catastrophic floods often span state boundaries,…

Missouri consumers could see Health Insurance Premiums jump up to 26 percent

September 16, 2026

Missouri Department of Commerce and Insurance Director Angie Nelson says preliminary filings show rates are trending in this direction. "We're seeing that the average premiums will range between about $720 a month to about $970 a month," Nelson says. "In the group market, we're seeing that about $845 to just over $1,000 a month."

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