The following information was released by the Cato Institute:. President Trump has formally nominated Kevin Warsh to succeed Jerome Powell as chair of the Federal Reserve, whose term expires in May. But a confirmation hearing is one of the few opportunities for Congress to put a nominee on record before handing them this consequential economic policy role.
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In late October, LVHN, part of Jefferson Health, announced that due to continued decreases in reimbursements and stalled negotiations on a new contract with the health insurance giant, it would stop accepting UnitedHealthcare plans. The Shapiro administration said it was able to secure this special open enrollment period, which lasts through April 30, by…
Chief Financial Officer Ashley Groffenberger said in a letter to the Boston City Council Monday that the city has confirmed there will significant increases in employee premiums and health insurance budget costs for fiscal year 2027, due, in part to increased use of GLP-1 weight loss drugs like Ozempic and Wegovy. Employer health insurance costs– which…
SWBC is proud to announce that Joan Cleveland, President and CEO of SWBC Life Insurance Company and Executive Vice President of SWBC Property and Casualty Insurance Company, has been appointed by the Texas Commissioner of Insurance to the Texas Life and Health Insurance Guaranty Association Board of Directors. Joan Cleveland, President and CEO of SWBC Life…
Mark Farrah Associates, https://www.markfarrah.com/, recently released a brief presenting a comparative analysis of the top Medicare Advantage plans for Maricopa County in Arizona using new comparison tools found only in MFA’ s Medicare Benefits Analyzer™ product, a subscription-based dataset providing customers easy access to monthly enrollment…
TWO, an MSR-focused REIT, today adjourned its Special Meeting of Stockholders in order to provide additional time for stockholders to vote and to solicit additional proxies to vote in favor of TWO’ s acquisition by UWM Holdings Corporation. The Special Meeting was adjourned until March 24, 2026 at 11:00 a.m. Eastern Time. Securities and Exchange Commission,…
The Web Marketing Association has opened entries for the 30th Annual WebAward Competition, inviting banks, fintech companies, insurers, and investment firms to compete for recognition as the best financial services websites of 2026. Websites will be judged on design, innovation, technology, content, and usability. Winners earn industry recognition and valuable benchmarking feedback. Entry deadline: May 29, 2026.
Kraken Financial, a digital bank owned by Payward, has acquired a Federal Reserve master account. Kraken is the first digital asset bank to gain access to the reserve's payment infrastructure, according to a press release. The bank can use the account to connect to U.S. payment rails such as Fedwire without intermediaries. With a Federal Reserve master account, we…
Pretium, a specialized investment firm managing over $60 billion in assets, today announced the addition of Joel Sulkes as Managing Director, Insurance Risk Management. Mr. Sulkes brings to Pretium more than two decades of experience in risk management at insurance and financial institutions. “I’ m excited to join Pretium to help build and lead the firm’ s…
Pa. authorities: Reading repair shop owner staged crashes with wife and others for insurance payouts
In January 2023, Fatima V. Valenzuela of Reading filed an auto insurance claim alleging her husband’ s flatbed tow truck had been rear-ended by an SUV three months earlier on Route 222 near Kutztown. But an investigation by Three Insurance Co. revealed an identical claim involving the same vehicles and crash details had been filed just two months earlier with…
Hartford is home to the state government, some of the state's largest private sector employers and an abundance of cultural attractions. Members of the Vision Committee, a group formed last year that includes the CEOs of property and casualty insurer The Hartford and the Hartford HealthCare system, as well as the mayor of Hartford, held a press conference…
By T.L. Meyer, Livestock Systems Extension Educator. Recent wildfires in Nebraska have left many cattle operations facing urgent management decisions. Once humans are safe, producers should focus on three priorities: stabilizing livestock through health checks and access to clean water and feed, documenting losses and engaging with insurers and/or…
After years of struggling to bring down rates of homeowners’ insurance, Louisiana lawmakers have coalesced around one program that has proven to lower premiums: Building stronger roofs. Housing advocates have also called for a bigger state investment in the program, in hopes that fortifying a large swath of south Louisiana will bring widespread relief.
After years of struggling to bring down rates of homeowners' insurance, Louisiana lawmakers have coalesced around one program that has proven to lower premiums: Building stronger roofs. Insurance Commissioner Tim Temple said in an interview that his office has exhausted the $25 million allocated to the program over the last year, and he's asking lawmakers to…
Michael Zabetakis’ monthly health insurance premium nearly tripled when the enhanced Affordable Care Act tax credits expired in January— rising from about $500 to nearly $1,500 as he waits to turn 65 in July and qualify for Medicare. By his birthday, the Glen Burnie native will have shelled out $6,000 for his health care. Zabetakis, 64, worked at Becton Dickinson…
The politics behind America's new health insurance shock
Because Congress failed to extend these credits during the bitter legislative standoffs of late 2025, average marketplace premiums have surged by 114%. In states like West Virginia, some households have reported costs increasing tenfold, forcing older residents and middle-income families to drop coverage entirely. Data from West Virginia continues to…
Iowa House lawmakers are advancing legislation that would place a temporary tax increase on some health insurance companies in the state— matching a similar legislative proposal moving in the Senate. The House bill, like its Senate counterpart, would temporarily increase the tax on health insurance premiums from 0.925 percent to 3 percent to help the state…
DES MOINES— Though tears, Kay Marcel recounted the years of uncertainty she says her family has faced trying to secure services for her son through Iowa's privately managed Medicaid system. Speaking Tuesday, March 10, to Iowa House lawmakers, the 73- year-old Urbandale mother described the anxiety that comes each time her 47- year-old son Joel— who has an…
If you’ re wondering why there are tax increases on top of tax increases this year, coming soon to a ballot near you if you haven’ t seen them already, one reason is Medi-Cal spending. In California, 14.5 million people are on Medi-Cal, the safety-net health insurance program for low-income people. A new report from the Legislative Analyst’ s Office warns that Medi-Cal…
