Scott Machut has joined Alliant Insurance Services as Senior Vice President with the Value-Based Healthcare and Risk Management Solutions team within its Employee Benefits Group, where he will focus on strategic growth. “Scott will play an active role in expanding our value proposition for the healthcare delivery market through analytics-driven risk…
Newswires
DES MOINES— A temporary tax increase on some health insurers to help fill a Medicaid budget shortfall— a move Democrats and insurers say will ultimately raise health care costs for all Iowans— is headed to Iowa Gov. Republicans defended the bill as a necessary and limited tool to stabilize Medicaid services for vulnerable Iowans and to draw down additional…
What's being proposed: a temporary tax increase on health insurers and additional withdrawals from a state reserve fund to offset impacts on the state's budget from federal tax cuts contained in the Republicans' "One Big Beautiful Bill" Act. House Democrats requested Wednesday's public hearing to give the public more time to weigh in on the proposal after it…
Much as expected, the Federal Reserve left its policy rate unchanged last week, stressing new uncertainties in the economic outlook and the limits of monetary policy in managing them. This was the right call: If ever there was a time for a central bank to wait and see before altering interest rates, it's now. Accordingly, the Fed's new economic projections, closely…
Much as expected, the Federal Reserve left its policy rate unchanged last week, stressing new uncertainties in the economic outlook and the limits of monetary policy in managing them. This was the right call: If ever there was a time for a central bank to wait and see before altering interest rates, it's now. Accordingly, the Fed's new economic projections, closely…
In February, Blue Owl Capital Inc. gated withdrawals from a retail credit vehicle, meaning investors who wanted their money back were told to wait. Around the same time, a business development company managed by Apollo Global Management Inc. cut its payout and marked down assets. Morgan Stanley's North Haven Private Income Fund received redemption requests…
The following information was released by the Henry J. Kaiser Family Foundation:. Authors: Michelle Long, Justin Lo, and Kaye Pestaina. This brief analyzes federal transparency data published by the Centers for Medicare and Medicaid Services on claims denials and appeals for non-group qualified health plans offered on HealthCare.gov in 2024.
The following information was released by Illinois Senator Richard J. Durbin:. U.S. Senate Democratic Whip Dick Durbin today delivered a speech on the Senate floor to mark the 16th anniversary of the Affordable Care Act being signed into law. Durbin, who attended the legislation's signing at the White House in 2010, spoke about the landmark bill that changed the…
As a Riverside resident expecting my second child this fall, I recently saw firsthand how a new Illinois law, the Birth Equity Act, directly impacts families like mine. The Birth Equity Act mandates that Illinois health insurance cover pregnancy-related care, including abortion, pregnancy, postpartum, and newborn care, along with doula and midwife support,…
The state Senate's Committee on Commerce and Consumer Protection voted unanimously Tuesday to heavily amend a bill originally meant to help pay for property insurance for Puna and Ka‘ u residents living in high-risk lava zones. The committee moved to alter House Bill 20 by replacing its "substantive language" with a directive to the state's Legislative…
When you open a retirement account or buy a life insurance policy, you’ re asked to name a beneficia1y. It might seem like just another form to fill out, but this simple step can affect your family’ s future. Many people don’ t give beneficiary designations much thought after signing the initial paperwork.
For nearly a year, Supervisor Terra Lawson-Remer has argued the county needs to make a landmark investment in consumer protection, citing a long list of bad actors the county could start suing, including payday lenders, health insurers that wrongly deny claims, scammers who rip off seniors and Tijuana River Valley polluters. Lawson-Remer has said the Trump…
Proposed changes in how the Hong Kong Insurance Authority evaluates non-life insurers’ required capital levels around natural catastrophes and man-made risks, as well as offshore reinsurance business, could bolster this geographic market’ s position as a global reinsurance and risk management hub, according to a new AM Best report. The proposed…
2026 MAR 24– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Managed Care. According to news reporting from Columbus, Ohio, by NewsRx journalists, research stated,“ To compare dental services delivered to Medicaid-covered children by age, health status, and rural and nonrural settings based on the treating…
—The Justice Department's investigation of a $2.5 billion renovation project at the Federal Reserve didn't find any evidence of a crime, a federal prosecutor privately conceded under questioning by a skeptical judge earlier this month, according to a transcript of the sealed hearing. That admission by Assistant U.S. Attorney Andrew Massucco came during a…
*A bill giving the Illinois Department of Insurance authority to review and regulate premiums for both auto and homeowners insurance passed the House March 19 and now awaits Senate action. The combined bill now awaits Senate approval before being sent to Gov. Pritzker initially called for rate review authority over homeowners insurance last summer after…
Over the next few weeks, lawmakers will decide some weighty taxation issues: whether and how to revise the structure of Hawaii's income tax, increase the conveyance tax to fund the Department of Hawaiian Home Lands, end tax exemptions for real estate investment trusts, and about giving cruise ships a break on the transient accommodations tax.
AM Best has commented that the Credit Ratings of The Wawanesa Mutual Insurance Company remain unchanged following its announcement to acquire Everest Insurance Company of Canada, the Canadian retail insurance operations of Everest Group, Ltd.. Everest Group will not retain the primary insurance business of Everest Canada following closing; however,…
The Cayman Islands sits at the heart of a network of British financial jurisdictions. The Cayman Islands has emerged as an unlikely place to fill the gap. But a 2025 Federal Reserve analysis revealed that the total figure was actually closer to $1.4 trillion by the end of 2024— with some estimates reaching as high as $1.85 trillion— after nearly 40 percent of new…
