Newswires

A federal court jury in Manhattan on Wednesday found a Maryland man guilty of hacking a cryptocurrency exchange and stealing more than $50 million. Jonathan Spalletta, 36, of Rockville, was convicted on one count of computer fraud and one count of money laundering for hacking the Uranium Finance exchange twice in 2021, the Office of the U.S. Attorney for the…

WALLINGFORD– An East Granby man arrested in connection with a fraudulent check cashing scheme used an Ansonia bank, an international cryptocurrency website and a Chime account to launder and transfer illegally obtained money, according to the warrant for his arrest. During arraignment Wednesday at state Superior Court in Meriden, Collins, who is accused of…

Tom Barkin, president and CEO of the Federal Reserve Bank of Richmond, will serve as the featured speaker at the chamber's Power in Partnership breakfast on Oct. 15, at 7:30 a.m. at Trinity Oaks. He serves on the Federal Open Market Committee, the Federal Reserve's chief monetary policy body, and is also responsible for the Richmond Fed's bank supervision and the…

The Federal Emergency Management Agency is proposing changes to the Flood Insurance Rate Map in Howard County, which could mean some property owners will have to purchase flood insurance. Changes in the map stretch across the county, with residents who have a portion of their property in the new 100- year floodplain receiving a letter from Howard County.

CHEYENNE— The Health Insurance Affordability Task Force discussed models Tuesday that could reduce the cost of health insurance in Wyoming, in addition to unanimously agreeing that the task force should continue its work after next year’ s legislative session. The model presented by Wyoming Department of Health Deputy Director Franz Fuchs would be a major…

According to the Best’ s Market Segment Report,“ Market Segment Outlook: Indonesia Non-Life Insurance,” regulatory measures continue to strengthen the segment’ s financial resilience and risk management while specific steps aimed at managing medical inflation are expected to benefit the country’ s domestic health insurance sector. “We expect prospective…

2026 OCT 07– By a News Reporter-Staff News Editor at Hospital& Nursing Home Daily– Research findings on cancer are discussed in a new report. The news reporters obtained a quote from the research from University of Edinburgh:“ Medical nutrition therapy can translate nutrition screening into individualized dietary counseling, symptom-responsive support,…

Minneapolis- based Fairview Health Services is suing UnitedHealthcare, alleging the nation's largest health insurer is falsely advertising its 2027 Medicare Advantage plans by including Fairview hospitals and clinics in its network. The lawsuit, filed in federal court in Minnesota, comes after Fairview chose not to renew its contract with…

Clayton Iley, the former owner of Texas Legacy Insurance Group, recently pled guilty to federal wire fraud and identity theft, and was sentenced to more than 13 years in prison. The sentence was handed down Oct. 1 by U.S. "My office will not stand by and allow criminals to scam Americans out of their hard-earned money without consequence," said U.S.

Former Los Angeles Unified School District Superintendent Austin Beutner filed a lawsuit in Los Angeles County Superior Court against his insurance provider, alleging the company refused to cover full remediation for toxic contamination caused by the 2025 Palisades Fire, as reported by multiple news sources. Attorneys representing Beutner and his wife,…

Constitution is wholly owned by Steven Menzies, chief executive officer, and participates in a professional lines quota share reinsurance business from a commonly owned insurer, Texas Insurance Company, consolidated within the North American Casualty Group. Due to delays in regulatory approvals, premiums only started to flow in 2026. Constitution is…

The Securities and Exchange Commission moved for entry of a final judgment by consent against Stephen Kenneth Leech II, the former co-chief investment officer of registered investment adviser Western Asset Management Company LLC, whom the SEC previously charged with a multi-year cherry-picking allocation scheme. As alleged in the SEC's November 2024…

The following information was released by the Federation of American Hospitals:. The Federation of American Hospitals today announced that Paul Eiting has joined the organization as Vice President, Policy, where he will help lead FAH's advocacy on critical health coverage and payment issues affecting hospitals and the patients they serve.

Two-thirds of U.S. adults— up from 53% in 2020— said they are in favor of universal U.S. health insurance, often referred to as "Medicare for all," according to a poll conducted by health policy research firm KFF released on Tuesday. Medicare is the U.S. government program that provides health coverage to about 70 million people aged 65 and older or with disabilities.

Mattoon, IL As millions of Medicare beneficiaries prepare to review their coverage during the upcoming Open Enrollment period, First Mid Insurance Group's Senior Solutions division is entering the season with national recognition for its performance and expertise in serving Medicare clients. In Senior Marketing Specialists' latest Key Accounts…

The officials unanimously agreed that inflation was still elevated and had not made much progress toward their 2% target in recent months, the minutes said. The Fed increased its key interest rate at the Sept. 15-16 meeting by a quarter-point to about 3.9%, its first increase in three years. The increase defied President Donald Trump's repeated calls for the Fed…

The incident happened at about 6:09 p.m., according to a news release from Officer Shelbie Boyd, spokesperson for the Tacoma Police Department. Someone approached Bad Boys Bail Bonds in the 4800 block of Pacific Avenue while three employees were inside. Anyone with information about this incident is asked to contact the Tacoma Police Department.”.

AM Best has assigned a Preliminary Credit Assessment to American Sentinel Insurance with a Financial Strength Assessment of A- pca and a Long-Term Issuer Credit Assessment of“ a-” pca. This PCA has an effective date of Oct. 6, 2026. ASIC’ s balance sheet strength assessment also considers a capital contribution in the amount of $8.5 million from SUNZ Insurance…

Two Democrats, Ben Allen and Jane Kim, are both running for California insurance commissioner, a job that has become especially high-profile since the Los Angeles area wildfires in January 2025 created a rift in the homeowners insurance system. The Southern California News Group asked the candidates vying to represent you several questions in order to help…