The rewrite would increase the cap on medical malpractice awards from the current $2.7 million to $6 million, beginning next year. Bill would ease pressure on Virginia's overcrowded mental hospitals. Mark Obenshain, R- Rockingham, who sponsored the original measure, Senate Bill 536, as he urged the House Courts of Justice Committee to approve the rewrite.
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These risks escalated during the weekend when the US and Israel made a joint attack on Iran. Iran, on the other hand, has embraced a unique strategy by bombing key US bases in the Middle East. Also, the war will make it hard for the Federal Reserve to cut interest rates as Donald Trump has pushed.
Baker Sterchi Cowden& Rice launches new service. KANSAS CITY, Mo., March 6, 2026/ PRNewswire-PRWeb/– Baker Sterchi Cowden& Rice has launched a new Public-Sector Risk Management& Consulting service focused on helping government agencies, law enforcement organizations and insurers manage risk, strengthen accountability and support defensible…
The Labor Department reported Friday that hiring deteriorated from January, when companies, nonprofits and government agencies added a healthy 126,000 jobs. The job market had been expected to rebound this year from a lackluster 2025 when the economy, buffeted by President Donald Trump's erratic tariff policies and the lingering effects of high interest…
Nearly 1,000 Arizona children have lost or will soon lose their autism therapy coverage after Medicaid insurance plans canceled contracts with two of the state’s largest providers. Why it matters: Applied Behavioral Analysis (ABA) is critical to communication and life skills development and prohibitively expensive if not covered by insurance, parents and providers told Axios….
The Federal Reserve Board has determined that Wells Fargo& Co. has resolved the regulatory issue at the heart of its customer fraudulent account scandal. The Fed established the consent order in February 2018, foremost being an asset cap of $1.97 trillion on Wells Fargo, in response to the scandal that erupted in September 2016. Although the bulk of the 3.53…
The decision reversed a First District Court of Appeals order directing Farmers Property Casualty Insurance to hand over the materials to Melissa and Alexis Eddy without such review. In addition, Justice DeWine stated that under the Ohio Rules of Civil Procedure, the trial judge must also inspect the documents that attorneys created when a lawsuit was…
Higher premiums, Medicare updates: Healthcare changes to expect in 2026. In 2026, higher costs along with major shifts in Affordable Care Act coverage and Medicare will affect healthcare and health insurance affordability. Here, GoodRx, a platform for medication savings, breaks down what's changing.
CENTRAL SQUARE— An Oswego County painter who was injured at his job returned to work and illegally collected more than $10,000 in workers' compensation benefits, according to state investigators. Christopher Cronk, 58, of Central Square, pleaded guilty Tuesday in Onondaga County Court to third-degree insurance fraud, a felony. Investigators said Cronk…
DES MOINES— A proposal to temporarily increase a state tax on health insurance premiums to help cover a $1 billion shortfall in the state budget will impact Wellmark Blue Cross and Blue Shield, the state's largest health insurer, much less than the company originally feared, Wellmark officials and state administration leaders said Thursday.
But Feldman and other street medicine providers across the state are worried that changes made to Medi-Cal eligibility by President Donald Trump's "One Big Beautiful Bill" will cause a majority of unhoused people to lose insurance, limiting their options for care. Medi-Cal, also known as Medicaid federally, provides health insurance for low-income people…
The Tennessee Department of Commerce and Insurance and the Tennessee Attorney General's Office are warning consumers that LifeX Research Corporation is not licensed to sell insurance products in Tennessee. However, LifeX is not licensed to sell major medical health insurance in Tennessee. No licensed health insurers offering major medical coverage in…
Minnesota will need to reapply for the state innovation waiver for its reinsurance program next year, but lawmakers well versed on the topic won't be at the Capitol to do so. Tim O'Driscoll, co-chair of the House Commerce Finance and Policy Committee. Dan Endresen, senior director of policy and government affairs for the Minnesota Council of Health Plans,…
RICHMOND- A sweeping, last-minute rewrite of a limited bill about interest payments on medical malpractice lawsuits would more than double a current cap that often leaves victims with millions of dollars less than their lifetime of care will require. The rewrite would increase the cap on medical malpractice awards from the current $2.7 million to $6 million,…
Today, Congresswoman Lauren Boebert introduced the No Federal Tax Dollars for Illegal Aliens Health Insurance Act of 2026, to ensure that federal taxpayer funds for health insurance coverage under the Patient Protection and Affordable Care Act are reserved for American citizens. "Sanctuary states, like Colorado, prioritize the well-being of illegal…
Congressman Andy Barr, the Chairman of the Subcommittee on Financial Institutions, celebrated passage of the Main Street Capital Access Act in the House Financial Services Committee. Thats why we must advance a regulatory framework that encourages growth and fuels economic activity on Main Street. As a former community banker, I know and have seen firsthand…
Naples, FL March 06, 2026—- Thomas Brodmerkel of Naples, Florida, has been named a Professional of the Year for 2026 in Healthcare by Strathmore's Who' s Who Worldwide for his outstanding contributions and achievements in the healthcare industry. About Thomas Brodmerkel Thomas Brodmerkel serves as vice chairman of CareSource, a nonprofit organization…
Unlike some states, including Oregon, California and Texas, Washington only required flood risk disclosures in home sales— not in rental leases. Bateman said she was unaware that Washington lacked such a requirement before reading the Times reporting and described what happened to renters as tragic. “I was a renter years ago, and I had rental insurance, and I did…
