INN Insider News Articles | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading INN Insider News
Topics
    • Life Insurance News
    • Annuity News
    • Health/Employee Benefits
    • Property and Casualty
    • Advisor News
    • Washington Wire
    • Regulation News
    • Sponsored Articles
    • Monthly Focus
  • Exclusives
  • NewsWires
  • Magazine
  • Webinars
  • Free Newsletters
Sign in or register to be an INNsider.
  • INN Exclusives
  • Life Insurance News
  • Annuity News
  • Health/Employee Benefits
  • Property and Casualty
  • AdvisorNews
  • Washington Wire
  • Regulation News
  • Sponsored Articles
  • Monthly Focus
  • INN Exclusives
  • NewsWires
  • Magazine
  • Webinars
  • Free Newsletters
  • Insider Pro
  • About
  • Advertise
  • Editorial Staff
  • Contact
  • Newsletters

Get Social

  • Facebook
  • Twitter
  • LinkedIn

INN Insider News

INN Insider News RSS Get our newsletter

Florida thrusts chunk of Citizens policies into private market

18 hours ago INN Insider News No comments.

Tampa-based insurer Slide is set to take over as many as 25,000 homeowners policies from Citizens Property Insurance Corp. — a move to relieve the bloated, state-backed insurer that experts say could cost consumers.Why it matters: Floridians are already on the hook for the nation's highest average premium at nearly $6,000 a year, and experts said thrusting more consumers into the…

Read more

The Fed isn't likely to raise rates in June but UBS analysts project a higher median 'dot'

18 hours ago

When it comes to reading the Federal Reserve tea leaves, UBS analysts don’t foresee another rate hike coming out of the June FOMC meeting June 13-14. Instead, the firm expects the agency’s so-called dots (referring to interest rate target ranges) to be revised up for 2023 and 2024. “We do not expect Chair Powell to pre-commit to raising rates in July, but we expect a majority…

Wall Street inches higher toward edge of bull market

18 hours ago

NEW YORK- U.S. stocks drifted higher Tuesday amid a vacuum of market-moving data, nudging Wall Street closer to the edge of what's called a bull market. It wants to know which will happen first: a recession or inflation falling enough to get the Federal Reserve to start cutting interest rates, which have climbed so high they've hurt various parts of the economy.

Why is the Fed hard to predict?

18 hours ago

The U.S. Federal Reserve is adrift and has only itself to blame. CAMBRIDGE- One might think that predicting the U.S. Federal Reserve's next policy moves would become easier now that it has already raised interest rates 10 times in a row, by a total of five percentage points. For this Fed, much will depend on the employment and inflation data that will be released in the…

After years of tiny returns, savers earning more on CDs, savings

18 hours ago

It's a combination of income and safety that's been hard to come by, said Brad Huffman, a financial planner with Future Finances in Columbus. Huntington Bancshares, for example, is advertising a promotion on a 14- month CD that yields a 5.18% annual percentage yield. Credit goes to the Federal Reserve, which has been aggressively raising interest rates in…

Tim Scott: I'll fire FBI chief but won't cut Social Security as president

19 hours ago

COUNCIL BLUFFS— A Tim Scott presidency would be good news for Social Security and Medicare beneficiaries, but bad for current leadership at the FBI, the Republican presidential hopeful said in a town hall meeting here Friday. Scott, a three-term U.S. senator from South Carolina, spoke in a packed back room at Barley's Bar& Grill after an introduction by U.S. Rep.

What’s in a name? For Chester man, more than 300 erroneous medical bills.

June 7, 2023

In a whopper of a mix-up that started more than two years ago, a New Jersey man’ s health insurance plan has been billed for more than 300 claims, and counting, for another patient. David noticed the problem when he reviewed his Horizon Blue Cross Blue Shield statements in March 2021. “The bills at that point in time were beginning to get larger and more detailed,” he said,…

Medicaid navigators gear up as state eligibility checks begin

June 7, 2023

Chenita LeBlanc, a program manager with DePaul Community Health Centers, holds a flyer for Louisiana Medicaid members on Saturday, May 27, 2023. (Michelle Liu/Verite)NEW ORLEANS — In a repurposed waiting room at the DePaul Community Health Clinic on Carrollton Avenue, four Medicaid navigators in blue polo shirts each settled into a corner with their laptops one recent morning,…

The Economist: U.S. avoided financial apocalypse but remains in economic hell

June 7, 2023

This is the case with the most recent episode of the long-running soap opera set in Washington- its roughly biennial debt ceiling drama- which is slowly heading for a conclusion that is expected to be brief. After threatening the world with sovereign debt default and financial disaster in order to achieve their goals, congressional Republicans won moderate…

real estate investorDragul pleads guilty to fraud, agrees to sentence

June 7, 2023

Minutes before his two-week trial was to begin Monday morning, local real estate investor Gary Dragul pleaded guilty to two counts of securities fraud in a deal with prosecutors. Dressed in a fitted gray suit with a striped maroon-and-white tie and brown dress shoes, the 61- year-old sat in a quiet Centennial courtroom and admitted to operating his former…

Arkansas seeks work-requirement waiver for Medicaid expansion

June 6, 2023

The state of Arkansas is proposing another work requirement rule for Medicaid recipients. The main difference from a 2018 work requirement that was struck down by a federal judge is that recipients won't lose health coverage but be switched from ARHOME to fee-for-service Medicaid. In this photo, Valencia White (right) speaks about her concerns regarding Arkansas' Medicaid expansion…

Consolidation Strikes 401(k) Market Again as Franklin Templeton buys Putnam Investments

June 6, 2023

Though the defined contribution business is just a part of asset managers’ and b/d’ s businesses, retirement plan assets are coveted and dominated by the largest money managers in the world, leading to the sale of Putnam Investments to Franklin Templeton. Once a highflier with $371 billion in AUM in 2000, Putnam was hit by the mutual fund scandals as assets…

Why Medicare should try medically tailored meals

June 6, 2023

The federal government can make an investment in a service that could save nearly $14 billion in health care costs each year. A groundbreaking cost-modeling 2022 study found that a national implementation of medically tailored meals for patients with diet-sensitive conditions and other factors— patients accounting for the highest costs in our health…

How a medical recoding may limit cancer patients’ options for breast reconstruction

June 6, 2023

Medical coding is the backbone for “how business gets done in medicine.” (Getty Images)The federal government is reconsidering a decision that breast cancer patients, plastic surgeons, and members of Congress have protested would limit women’s options for reconstructive surgery. The Centers for Medicare & Medicaid Services recently heard from interested parties at a public…

Reactions to debt deal range from ‘Nice going’ to ‘How could you?’

June 6, 2023

Spirit of compromise carries the day, showing us the way forward. In spearheading the contentious negotiations on the debt ceiling bill that led to a bipartisan agreement in the House and Senate, President Biden harnessed skills developed over a decades-long career that have prepared him well for leadership at a time of extreme divisiveness in our politics.

New regulation would force U.S. banks to raise capital by up to 20%.

June 6, 2023

U.S. regulators, led by the Federal Reserve, are expected to unveil the proposed tightening of requirements within the month, according to this source, who spoke on condition of anonymity. Michael Barr, the Fed's top regulatory official, mentioned last month on Capitol Hill that the central bank would likely unveil its plan this summer to tighten bank capital…

Regulators sue crypto company Binance over mishandled funds

June 6, 2023

The SEC says Binance commingled customer funds, didn't register itself as an exchange, and defrauded its customers. In a response to the SEC's suit, Binance accuses the commission of taking a blunt approach where one isn't warranted. "While we take the SEC's allegations seriously, they should not be the subject of an SEC enforcement action, let alone on an…

Climate change makes some of the U.S. uninsurable

June 6, 2023

Allstate recently joined State Farm as another major insurer to no longer accept new applications for California property insurance. Concerns are now growing around the country about the viability of the industry.Plus, the disconnect between workers and employers on menopause.And, how do you approach summer reading?Guests: Axios' Andrew Freedman and Emily Peck.Credits: Axios Today…

LGBT health coverage improved after ACA, Supreme Court marriage ruling

June 6, 2023

Health insurers responded to the 2015 Supreme Court decision recognizing same-sex marriage with more equitable coverage for LGBTQ couples, including spousal benefits, according to a new study published in Health Affairs.What they found: The percentage of all LGBTQ adults with a usual source of health care access increased from 64% to 75% from 2013 to 2019.Disparities in coverage…

California home prices to face repercussions of insurance companies' withdrawal

June 6, 2023

With two of the biggest insurance giants pulling back from California, home buyers can expect surging premiums and difficulty in finding coverage. State Farm and Allstate have stopped issuing new homeowner policies in the country's most populous state over the past few weeks, citing wildfire risks and rising construction costs as the reason behind their decision. While the…

Pagination

1 2 3 … 20

- Presented By -

Top Read Stories

  • Farmers Insurance the latest to send employees back to the office
  • Global Atlantic to stop selling new fixed indexed universal life policies
  • How insurance professionals can get into trouble with AI
  • How financial advisors can retain clients in uncertain times
  • Succeeding with Gen Z, millennial investors: Key strategies for financial advisors
More Top Read Stories >

Press Releases

  • Insurity and e2Value to Provide P&C Insurers with Straightforward Valuations and Replacement Costs, Enabling Better Risk Management
  • International Industry Leaders Convene at Global Insurance Symposium
  • RFP #T01623
  • Insurity Event Response Guide: P&C Insurers Can Dramatically Reduce Time Spent on Event Response with Intuitive, Proactive Data Analysis
  • Shae Lucabaugh Joins TBX® as Senior Director of Operations
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Life Insurance News
  • Annuity News
  • Health/Employee Benefits
  • Property and Casualty
  • Advisor News
  • Washington Wire
  • Regulation News
  • Sponsored Articles
  • Monthly Focus

Top Sections

  • Life Insurance News
  • Annuity News
  • Health/Employee Benefits News
  • Property and Casualty News
  • AdvisorNews
  • Washington Wire
  • Insurance Webinars

Our Company

  • About
  • Editorial Staff
  • Magazine
  • Write for INN
  • Advertise
  • Contact

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2023 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • AdvisorNews

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet