State Farm will pay $5 billion back to auto insurance customers through a cash dividend, starting this summer. The lower rates, including in Illinois, represent $4.6 billion in premium savings to customers.The news comes weeks after State Farm CEO Jon Farney wrote Gov. JB Pritzker in January to push against legislation aimed at curbing insurance premium hikes,…
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Insurance fraud is not a victimless crime. In 2025, the Mississippi Insurance Department Investigations Division investigated over 800 complaints. MID recovered more than $1.1 million for consumers following our investigations.
2026 FEB 27– By a News Reporter-Staff News Editor at CDC& FDA Daily– Current study results on Coronavirus- COVID-19 have been published. Our news journalists obtained a quote from the research from Federal Reserve Bank,“ The surveys also show similar post-pandemic trends in WFH by firm size and industry. Our news journalists report that additional information…
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Seguros Universales, S.A.. Universales, which was established in 1962, is the fourth-largest insurer in Guatemala. The company’ s portfolio, as of December 2025, is composed mainly of non-life products, with the…
Starting a family brings joy, responsibility- and the need to plan for the unexpected. Life insurance may not be the first thing on your to-do list, but it plays a crucial role in protecting your family's future. For example, if your annual salary is $75,000, it makes sense to consider a policy with a $750,000 death benefit.
Recent polling shows voters in New York support lawsuit reform that would lower their auto insurance premiums, as discussion heats up about allegedly staged car wrecks that end up in court. Voters in the state’ s 4th, 17th and 18th Congressional districts seem to be on board, according to polling conducted by Impact Research earlier this month.
–Buy the AUD/USD pair and set a take-profit at 0.7342. The AUD/USD exchange rate jumped and neared its highest level this year after a report showed that Australia's consumer inflation rose in January this year. The AUD/USD exchange rate held steady after a report by the Australian Bureau of Statistics showed that the headline Consumer Price Index remained at…
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of ICICI Lombard General Insurance Company Limited. In addition, the ratings factor in the neutral impact from ICICI Bank Limited, one of the largest private sector banks in India. An offsetting balance sheet…
For more information contact MYRON STRUCK, editor, [email protected], Springfield, Virginia; 703/ 304-1897; https://targetednews.com. WASHINGTON, Feb. 26– Jefferson Health Plans submitted a public comment letter to the U.S. Department of Health and Human Services Centers for Medicare& Medicaid Services regarding the proposed changes to the Medicare…
Baton Rouge Mayor-President Sid Edwards is planning to return federal funding allocated for an $11 million housing project in Scotlandville after the developer failed to provide the required documents and was charged with bank fraud, he announced Thursday. In 2021, the East Baton Rouge Metro Council unanimously voted to allocate $6 million in federal…
According to the Texarkana Texas Police Department, Trina Porter, 48, and LaShay Washington, 43, were arrested on charges of engaging in organized criminal activity following a yearlong investigation led by Detective Jarrod Dean. Police said the group stole more than $150,000 over about 12 months. Both women's bonds were set at $150,000, according to police.
The Securities and Exchange Commission announced today the entry of a final consent judgment as to Fernando Passos in the SEC's civil enforcement action that charged Passos, the former executive vice president of finance and investor relations of Brazilian reinsurance company IRB Brasil Resseguros S.A., for allegedly planting a false story with the media…
Covered California announced that despite the expiration of federal tax credits that helped millions of Americans afford health insurance, more than 1.9 million Californians signed up for or renewed their insurance during the 2026 open-enrollment period. That includes 389,590 Californians who enrolled in plans with subsidies from the state of…
Another warm, dry winter has residents, fire departments and insurance providers worried in La Plata County. Insurance rates have more than doubled in Colorado since 2018, according to Colorado State University's Regional Economic Development Institute. The report found that La Plata County is at high risk for natural hazards‒ like wildfires‒ and medium…
Americans have grown used to auto insurance as a simple contract. Premiums stay the same throughout the policy term, usually six or 12 months. But that long-standing rhythm is changing in favor of more data-driven pricing and ongoing connectivity.
Shenandoah County administrators are piecing together a tight fiscal year 2027 budget, navigating a $3.1 million general fund deficit compounded by inflation, skyrocketing health insurance costs and an impending wave of school infrastructure needs. County administrators presented the proposed budget for fiscal year 2027 to the Board of Supervisors on…
NASHVILLE— The Tennessee Department of Commerce& Insurance and the Tennessee Attorney General's Office are warning consumers that LifeX Research Corporation is not licensed to sell insurance products in Tennessee. No licensed health insurers offering major medical coverage in the State of Tennessee provide coverage to Tennessee consumers through…
PATTON, Pa.– Cambria Heights School District has approved a settlement with a former student who sued the district in federal court after a former teacher was sentenced for having an illegal relationship with her. The result of the agreement, which was accepted in the U.S. District Court for the Western District of Pennsylvania, is the district's insurer paying…
PATTON, Pa.– Cambria Heights School District has approved a settlement with a former student who sued the district in federal court after a former teacher was sentenced for having an illegal relationship with her. The result of the agreement, which was accepted in the U.S. District Court for the Western District of Pennsylvania, is the district’ s insurer paying…