–Gun rights advocates in Illinois are raising alarms over House Bill 43, legislation that would create a state task force to study mandatory civil liability insurance for firearm owners. Aaron Dorr, executive director of the Illinois Firearms Association, described the measure as“ another major attack on our gun rights.”. HB0043 would create a Task Force on…
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Shannon Marie Doty, 53, of Council Bluffs, was arrested on Jan. 15, and charged with one count of insurance fraud, presenting false informatio, a Class D felony. Doty's arrest following an investigation into a fraudulent insurance claim by the Iowa Insurance Division's Fraud Bureau, according to a news release from the Iowa Insurance Division.
"Our investigators work every day to hold insurance fraudsters and bad actors accountable, protecting consumers and ensuring integrity across California's insurance marketplace," said Insurance Commissioner Ricardo Lara. "Whether during disasters or in everyday insurance transactions, the Department of Insurance helps policyholders access their…
Many people in Florida need help paying for basic things like food, clothing, and housing. SSI is run by the Social Security Administration. Unlike Social Security Disability Insurance, SSI does not depend on your work history.
WASHINGTON- The Federal Reserve held interest rates steady on Wednesday amid what U.S. central bank chief Jerome Powell described as a solid economy and diminished risks to both inflation and employment, an outlook that could signal a lengthy wait before any further reductions in borrowing costs. "We expect the Federal Reserve to remain on an extended pause.
–California lawmakers called Wednesday for the state’ s“ insurer of last resort,” the California FAIR Plan, to evolve to insure more properties throughout the state. “I’ ve kind of reached a point where I prefer to call the FAIR Plan‘ the California safety net’ than the‘ insurer of last resort,’” said Assemblymember Lisa Calderon, D- City of Industry and the chair of the…
2026 JAN 28– By a News Reporter-Staff News Editor at Math Daily News– Fresh data on mathematics are presented in a new report. Our news journalists obtained a quote from the research from Central Michigan University:“ Federal Reserve interest rate cuts during the 2019-2020 easing cycle influenced the performance of equity mutual funds, with a particular…
2026 JAN 28– 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“ ALLIE” by April L. Besl Dinsmore& Shohl LLP, representing AllState Insurance Company. This application was made available to the public on January 08, 2026.
On Jan. 20, SilverSummit issued a press release announcing a total of $650,000 has been earmarked for 13 critical access hospitals and rural health clinics that serve rural Nevada, including Pahrump's own Desert View Hospital. Other facilities on the list are Banner Churchill Community Hospital, Battle Mountain General Hospital, Boulder City Hospital,…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Spinnaker Insurance Company and its 100% reinsured subsidiaries, Spinnaker Specialty Insurance Company and Wingsail Insurance Company. Concurrently, AM Best has affirmed the Long-Term Issue Credit Rating of“ bbb” on the $50 million, 9.5% surplus notes, due in…
KKR& Co. Inc. announced today that Robert H. Lewin, Chief Financial Officer, will present at the Bank of America Securities 2026 Financial Services Conference on Tuesday, February 10, 2026 at 2:40PM ET. KKR’ s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. For additional…
—Federal Reserve keeps interest rates unchanged even as Trump continues to press for lower rates.
Blue Cross Blue Shield of Vermont now says Vermonters have a "personal responsibility" to become "savvier consumers" in light of Vermont's "health care affordability crisis." We have several institutions that comprise and control health care— the hospitals, insurance companies, regulators, legislator— but BCBS thinks each of the 600,000- plus individual…
Long-Term Care Insurance is a necessary evil, unless you have at least $2 million in readily available resources. Make no mistake, it is the hardest insurance to collect on by design. The goal is simple, hold onto your premiums for as long as possible, ideally forever.
Shop for a Better System. Blue Cross Blue Shield of Vermont now says Vermonters have a "personal responsibility" to become "savvier consumers" in light of Vermont's "health care affordability crisis." We have several institutions that comprise and control healthcare— the hospitals, the insurance companies, the regulators, the legislators— but BCBS thinks each of…
Jan. 27— DULUTH— The business owner accused of burning down the historic Lutsen Resort lodge nearly two years ago is now suing his insurer for refusing to pay out a $16.5 million claim. Bryce Campbell, through his North Shore Resort Co., filed the case against Michigan- based Owners Insurance Co. in U.S. District Court on Friday— the same day the insurer formally…
Located at 1111 Brickell Ave., 10 th Floor, Miami, FL, the new hub strengthens Allianz Commercial’s presence in Latin America and enhances its ability to deliver facultative reinsurance and commercial insurance solutions across Property, Construction& Natural Resources, Entertainment, Financial Lines, Marine, and Multinational Services..
As Senior Vice President, Ms. Nixon will be working directly with insurers and reinsurers to ensure KCC’ s advanced modeling technology and applications continue to deliver high value as the market needs evolve. Later in her career, Ms. Nixon was CUO and then CEO of a Florida insurer. During her time in Bermuda, Ms. Nixon was the original founder of the Women in…
While many individuals dream of owning their own business, the fact is that starting a new business is never easy, with over one-fifth of all startups typically not surviving past year one of operation, and nearly half never reaching their fifth anniversary, according to the U.S. Bureau of Labor Statistics. If you are thinking about starting a new business in…
