INN Insider News

California Attorney General Rob Bonta has reached a $1.3 million settlement with Sedera, Inc. and Sedera Medical Cost Sharing Community, LLC over allegations of selling sham health insurance plans to more than two thousand Californians. The settlement resolves claims that the companies falsely marketed their plans as novel "non-insurance" medical cost-sharing products and as…

Florida lawmakers peppered the state’s sitting and former insurance commissioners for three hours on Friday to demand answers about why they didn’t bring immediate attention to a 2022 report detailing money transfers from Florida insurers to out-of-state affiliates.

Investor expectations for rate cuts are rising. Consumer’s inflation fears are rising while sentiment and employment expectations are sinking.

The uncertainties with corporate earnings, the reduction in liquidity operations and the lack of desire for the U.S. to continue to run up the credit card, is a limiting factor for the market at this time.

(The Center Square) – California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% property insurance rate hike, citing a need to stabilize the insurance market.

We expect the Federal Reserve to remain on hold on 19 March, but a weaker growth outlook could lead to rate cuts in the second half of 2025.

A new proposal submitted to the U.S. Securities and Exchange Commission’s (SEC) newly-established Crypto Task Force by a Maximilian Staudinger makes the case for XRP as a “strategic financial asset” for the United States (using some very questionable math and logic).

Originally posted 2017-04-28 09:00:50. Guest Post Friday is back, and for this week, Construction Law Musings welcomes Steve Moore. Steve has been the Construction & Surety Manager for Towne Insurance Agency-Invincia, in Chesterfield, VA since 2010. Steve’s experience in the Virginia surety bonding marketplace started in 1985 with USF&G. His underwriting travels took him from…

The global economy is facing a series of growing risks, such as financial market volatility, currency imbalances and economic tensions.

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. March 14, 2025 For release at 2:30 p.m. EDT The Federal Reserve Board on Friday announced its approval of the application by Renasant Corporation, of Tupelo, Mississippi, to merge with The First Bancshares, and thereby indirectly…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. March 14, 2025 For release at 2:30 p.m. EDT The Federal Reserve Board on Friday announced its approval of the proposal by EverBank Financial Corp, of Jacksonville, Florida, to acquire Sterling Bank and Trust, FSB, of…

Insurance commissioner said he had to “make an unprecedented decision in the short term.”

The United States’ unraveling defense commitments to Europe raise fundamental questions about geopolitical alignments, while U.S. President Donald Trump’s aggressive tariffs threaten a major reorientation of world trade. But there’s another set of risks lurking for global financial markets, which depend on reliable and ample dollar liquidity ultimately backstopped by the U.S.

Former central banker Mark Carney will be sworn in as Canada’s next prime minister on Friday with the country rattled by a breakdown in relations with the United States.

Left Brain Wealth Management LLC purchased a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,615 shares of the software maker’s stock, valued at approximately $468,000.

Carret Asset Management LLC decreased its position in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 173,672 shares of the information services provider’s stock after selling 2,054 shares during the period.…

Midwest Professional Planners LTD. lifted its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 57.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,977 shares of the electric vehicle producer’s stock after purchasing an additional 1,819 shares during…

A property owner is taking legal action against a major insurance company, alleging breach of contract and unfair claim settlement practices. On March 7, 2025, Meagan Gauna filed a complaint in the District Court of Harris County, Texas, against Allstate Vehicle and Property Insurance Company. The lawsuit claims that the insurance company improperly denied or…

While the programmability features of CBDCs have generated considerable alarm, it’s a very different story for the stablecoins that the US government seeks to regulate with its “GENIUS” act. The Guiding and Establishing National Innovation for U.S. Stablecoins act, aka the “GENIUS” Act, introduced by Republican Tennessee Senator Bill Hagerty on February 4, was under…