Former New York Mets outfielder Endy Chavez filed a lawsuit Friday against his former teammate and fellow Venezuelan, Melvin Mora. Endy Chavez filed documents against Melvin Mora.. Chavez's legal team filed the documents last Friday in Manhattan Supreme Court.
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777 Partners, the Miami- based investment firm, has enlisted Los Angeles- based B Riley Advisory Services to aid in restructuring following the failure of Australian budget carrier Bonza, in which it held a majority stake. This assistance comes at a critical time as 777 Partners faces accusations from Leadenhall Capital in a London court, alleging fraud and…
Federal officials also highlighted that patients have a right to emergency health care and have created a web portal for them to send complaints directly to the Centers for Medicare and Medicaid Services, which enforces the federal emergency care law, rather than to a state agency. "We want to make sure that everyone knows their rights and can take action to help…
Imagine waking up every morning with a knot in your stomach, wondering if you’ ll ever feel financially secure. While optimism regarding the trajectory of the United States economy is on the rise, sentiments concerning financial insecurity surged from 27% last year to an unprecedented, record-high peak. Despite the growing economy, Americans have had to endure…
In an era of climate disasters, Americans in vulnerable regions will need to rely more than ever on their home insurance. But as floods, wildfires, and severe storms become more common, a troubling practice known as“ bluelining” threatens to leave many communities unable to afford insurance— or obtain it at any price. In the case of property insurance, we’ re already…
Financial instability among a large portion of retirees and those nearing retirement in America is closely linked to a high reliance on the 401(k) retirement plans. This has been evidenced by recent research. While these plans have their advantages, they have shown certain inadequacies, as many individuals are unable to save enough to maintain their lifestyle post-retirement….
A key senator is calling on the Centers for Medicare & Medicaid Services to crack down on brokers who submit fraudulent enrollments for Affordable Care Act plans.
The Retirement Security Rule, recently approved by President Biden’s team, has sparked reactions across the investment advising community. While some view this new rule as a significant stride in solidifying the retirement safety of US citizens, others express concerns over its potential bureaucratic complications. This policy, crafted by the Department of Labor, insists that…
Every year around this time, I get mailings from insurance agents I don’ t know. Putting aside how unfair this is to babies, the line is attributed to circus showman P.T. Barnum. Barnum biographer Candace Fleming says a more accurate phrase uttered by Barnum would have been,“ There’ s a customer born every minute.”.
The chairman of the U.S. Federal Reserve maintains a wait-and-see stance on inflation. Jerome Powell reaffirmed the central bank's plans to keep interest rates at the highest level in more than two decades as it awaits evidence that a slowdown in inflation will resume after this year's setbacks. Powell said he expected inflation to continue to fall but was…
Opinion: Ohioans are being targeted by Insurance enrollment fraudsters.
Georgia had the nation's third highest increase in people getting health insurance on the Affordable Care Act marketplace over the last four years, as additional federal subsidies were rolled out, new research has found. A study, conducted by KFF, a nonprofit health policy research organization, found Georgia and other states with the greatest growth in ACA…
Medicare recently announced it has enough money to pay for hospital care for five more years than thought— a recent report says it will be able to pay full benefits until 2036. However, the federal health care program as a whole is growing so fast because of the aging population that it’ s only a matter of time before the United States is in a serious financial mess…
A Staten Island man is going to prison for his role in a scheme to fraudulently obtain specialty baby formula, according to Breon Peace, United States attorney for the Eastern District of New York. Vladislav Kotlyar, 45, was sentenced in Brooklyn federal court on Friday to 33 months in prison, and ordered to pay approximately $738,000 in restitution and forfeit…
Some states ban the practice, but California does not. A Chronicle analysis of state insurance filings found that most major home insurers in California ban some dog breeds, most often pit bulls, rottweilers, Doberman pinschers, Akitas and chows. Claims related to dog bites and other dog-related injuries cost homeowners insurers $1.12 billion last year,…
For the same patient, with the same insurance, requiring the same procedure, providers in Connecticut or Massachusetts get 30% more money, they say.
Former San Joaquin Valley Congressman TJ Cox has accepted a plea deal in a federal case where he faces wire fraud, money laundering and other criminal charges, court documents filed Wednesday show. Cox is expected to have a change of plea hearing July 29 in the U.S. District Court that covers the Fresno area. No terms of the plea deal were spelled out and neither…
Accountant Scott Anthony Stuart awaits sentence on fraud charge in case involving Russell Vandenburg, prominent El Paso businessman who died in 2023.
In his more than 15 years in pro football, NFL quarterback Steve Young made his name on the field as one of the most efficient passers of all time. But after his retirement, he turned his career to private equity, co-founding the firm HGGC in 2007. Now, Young is watching the recent surge in private equity investments in sports teams, and making the case for private equity buyers in…
