From the NBA Finals to presidential elections: What's trading on the highest-dollar prediction markets. Prediction markets have transformed major world events into something closer to live entertainment. Federal Reserve meetings generate minute-by-minute speculation.
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OKLAHOMA CITY– Oklahoma Attorney General Gentner Drummond on Wednesday filed a new lawsuit against State Farm Fire and Casualty Company, alleging the insurer is engaging in a scheme to deny and underpay hail and wind damage claims by Oklahoma homeowners. According to Drummond's office, State Farm is alleged to have engaged in a pattern of deceptive and…
There’ s a new Fed Sheriff in town, and analysts say home buyers’ hopes and dreams for lower mortgage rates in 2026 likely will remain in interest-rate jail. In his first Federal Open Market Committee meeting on June 17, President Donald Trump’ s newly appointed Federal Reserve chairman Kevin Warsh made it clear there is a new game being played at the central bank.
Pediatric Associates said it notified the state Agency for Health Care Administration Tuesday morning that it plans to seek $300 million in primary care Medicaid funding it claims it was denied over the last 20 months under a revised payment schedule the agency adopted in February 2025. "AHCA's changes have jeopardized pediatric care for hundreds of…
Federato opens Australia office and appoints former Guidewire executive Roland Slee as Regional Vice President, Asia Pacific and Japan. Expanding into APAC and Japan, Federato is introducing the first AI-native insurance platform to cover the entire policy lifecycle, a solution already validated by Fortune 100 carriers in the United States. The expansion…
A Texas doctor accused of rubber-stamping cardiovascular screening tests performed by a South Florida diagnostic company for college athletes is among 455 healthcare-fraud defendants recently arrested on charges of billing $6.5 billion in false medical claims to private and public insurance companies, U.S. authorities said Tuesday.
2026 JUN 24– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ LENDINGTREE SPRING” by Christiane Campbell DUANE MORRIS LLP, representing LendingTree, LLC. This application was made available to the public on June 10, 2026.
2026 JUN 24– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Health and Medicine- Transgender Health. According to news reporting originating in Munster, Germany, by NewsRx journalists, research stated,“ Since there is little data on the use of health services by minor patients diagnosed with gender dysphoria, we…
—All 32 of the nation's biggest banks passed the Federal Reserve's annual“ stress test” of the financial system, the central bank said Wednesday, a sign that the banking system would remain healthy even if a major economic contraction occurred. In the Fed's scenario, unemployment would rise from 5.5% to 10% and the U.S. economy would contract 4.6%.
KARNES CITY– The Karnes County Commissioners Court renewed employee health insurance benefits for fiscal year 2027, advanced plans for a new Precinct 4 EMS satellite building and approved grant-related contracts during its regular meeting on Tuesday, June 23. The court approved renewing the county's employee health insurance through the Texas…
On Tuesday, Community Health System and Blue Shield announced they had reached an agreement for a new multi-year contract after a nearly five month lapse in contract. Greg Siebert, senior vice president of provider partnerships and network management at Blue Shield of California, welcomed Community Medical Centers back into the Blue Shield network in a news…
GOLIAD– The Goliad City Council postponed decisions on engineering and building official services on Tuesday, June 23, while approving the city's employee health insurance renewal, budget amendments and several administrative items. Council members approved renewing the city's current Texas Health Benefits plan for employees, accepted a budget…
Jeffrey Sutton, a longtime Refinery Operator at Valero's Benicia refinery, has filed an ERISA lawsuit against Unum Life Insurance Company of America alleging that Unum miscalculated and underpaid his long-term disability benefits by roughly $3,467 per month by excluding years of mandatory, pre-scheduled overtime from his pre-disability earnings.
Former Federal Reserve Chairman Alan Greenspan died Monday at age 100. In his memoirs, Greenspan partly attributed his success and that of his predecessor Paul Volcker to having implemented the advice of Milton Friedman, founder of the "Monetarist" school of economics. Monetarists like the legendary Milton Friedman had long argued that until you contained…
CPI TM, a payments technology leader providing a comprehensive range of physical and digital payment solutions, today announced it has acquired the TRISM on-premise instant issuance solution assets from HID Global Corporation. The transaction adds recurring revenue with an established base of multi-year customer relationships across the U.S. to CPI’ s…
AM Best has assigned a Preliminary Credit Assessment to Fortium Insurance Company Ltd. with a Financial Strength Assessment of A- pca and a Long-Term Issuer Credit Assessment of“ a-” pca. The outlook assigned to the PCA is stable. An initial capital contribution of approximately $110 million in 2026 and retained earnings through the forecast period are…
Mike Lundquist has joined Alliant Insurance Services as Vice President within its Employee Benefits Group. The Utah- based consultant will partner with employers to develop and implement strategic benefits solutions that support workforce goals, strengthen employee engagement, and align with long-term business objectives. “Mike’ s service-first…
Kennebunkport resident Kristin Fuhrmann-Simmons saw her family's health insurance costs increase ten-fold after Congress last year failed to extend pandemic-era tax credits for plans purchased on the marketplace. Four health insurance companies offering plans on Maine's marketplace, CoverMe.gov, have proposed double-digit rate increases next…
I learned just how little I knew when I got a sneak peek tour of the Federal Reserve Bank of Philadelphia’ s redesigned "Money in Motion" exhibit with Andrew Hill, assistant vice president of economic education. Even if you already know the role and history of the Federal Reserve, I’ d bet a pretty penny you’ ll be impressed by the rare coins and notes on display, including…
