Though Flom's home had been covered by Farmers Insurance since 2001, in June 2024 her policy was dropped, leaving her scrambling to replace it and maintain her mortgage. Unlike admitted insurance carriers, which are backed by the California Department of Insurance against financial failure, non-admitted insurers are on the hook for the full cost of their…
Newswires
With an email, Donald Trump leaves thousands of federal employees unemployed: "We are all in shock".
With an email, on a Saturday night at nine o’clock or in the middle of a bridge, thousands of federal employees of the U.S. government learned that they had been laid off as part of the project of the president, Donald Trump, and his ally Elon Musk to cut public spending. Still on the campaign trail, Trump announced that if he were president he would commission the CEO of…
That's what its like these days to be Elon Musk, the multibillionaire empowered by President Donald Trump and Republicans to slash and burn the federal government while firing all sorts of low-level employees, even as Musk's corporations rake in your tax dollars through fat federal contracts. It was completely predictable that Musk, one of those public…
The legal team explained the IRS took financial records belonging to NCLA client James Harper and more than 14,000 others from the Coinbase cryptocurrency exchange through a "John Doe" summons. "IRS took Mr. Harper's documents without any individualized suspicion to believe he had under-reported his income or failed to pay taxes. The case history includes a…
As wildfires swept through Los Angeles County last month, the New York Times published a commentary by former insurance commissioner Dave Jones, who suggested that oil companies should pay for the disaster's immense losses of human life and property, not insurance companies. After paying the claims of Paradise property owners, insurers recovered $11…
TOPEKA— Kansas organizations advocating for sustained funding for Medicaid services said hundreds of billions of dollars in proposed federal budget cuts to the national health program can be deadly to vulnerable people with disabilities as well as seniors and children. Kansas representatives from the fields of health care, disability rights, senior care…
This moratorium order shields those within the perimeters or adjoining ZIP Codes of the Hughes Fire in Los Angeles County for one year from the Governor's Executive Order N-14-25 on Jan. 27, 2025. Residents can go to the Department of Insurance website to see if their ZIP Code is included in the mandatory moratorium. Consumers should contact the Department of…
Although inflation is coming down, the Federal Reserve Bank should exercise caution amid economic and geopolitical uncertainty, Federal Reserve Bank of Richmond President and CEO Tom Barkin said Tuesday while addressing a Rotary Club of Richmond meeting. The economy is in a good place, Barkin said, citing the 2.5% growth in the nation's gross domestic…
Tampa General Hospital– Crystal River. Wollinka Wikle Title Insurance Agency. YMCA of the Suncoast– Citrus County Branch.
"You can't put a value on life, but my wife's life insurance company made a pretty fair offer." I had a really crappy experience with an online health insurance company last week so I thought I'd get my frustrations out in this week's column. My favorite activity in the world is to get on the phone with unknown folks and try to straighten out insurance claims.
South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the economy in the face of US tariffs and the fallout from President Yoon Suk Yeol's brief declaration of martial law last year. An official at the Bank of Korea told AFP it expected gross domestic product to expand 1.5 percent in 2025, down from its…
A bill that would likely slash health insurance coverage for tens of thousands of lower-income Idahoans through the state’ s Medicaid expansion program sparked heated debate before it passed the House by a narrow margin last week and was sent to the Senate. Jordan Redman, R-Coeur d’ Alene, fielded questions and concerns from other lawmakers— not to mention phone…
A top Republican in the U.S. Senate is questioning Medicare Advantage billing practices at UnitedHealth Group following a critical report last year from a federal watchdog agency and a Wall Street Journal article last week on a new investigation by the Justice Department. The Wall Street Journal reported Friday that the Justice Department recently…
The Senate Judiciary Committee probe is looking at UnitedHealth' s Medicare Advantage program, a privately administered version of the US Medicare health coverage plan for seniors and the disabled, the Wall Street Journal reported. The inquiry signals additional pressure on the company as Republicans in Congress weight a major tax and spending overhaul…
Gladstone Group, announces the integration of its comprehensive service offerings under a single unified brand, marked by the launch of a new website— https://gstoneinc.com/— that showcases this transformation. "Growth comes in many forms, and our clients have long appreciated our expertise in talent search, M&A, business valuation, and strategic consulting,"…
Data and business intelligence experts, Statistica, in a report on Zimbabwe insurance, said non-life insurance would continue to dominate Zimbabwe's insurance market, projected to account for US $1,45 billion in 2025.. The firm noted that as the economy continues to evolve, insurance companies in Zimbabwe should adapt to changing market conditions and…
The latest global ranking of sovereign wealth funds shows that Norway’s "Norway Government Pension Fund Global" continues to lead with more than u$ s1.75 trillion, closely followed by two Chinese, the " China Investment Corporation" with more than u$ s1.33 trillion and the " SAFE Investment Company" with almost u$ s1.1 trillion, which are close on its heels.
BY ALICE A TKINS The Washington Post. Treasuries rallied as traders boosted bets on Federal Reserve interest-rate cuts, with US President Donald Trump's tariff plans weighing on risk appetite. The yield on two-year Treasuries fell five basis points to 4.12% as of 11:30a.m. in London.
Children's Health Insurance Program: Families with children in CHIP would pay if they made at least 255% of the federal poverty level, which is roughly $72,500 a year. The 5% premium would be about $300 a month or $3,600 a year. The 5% translates to about $66 a month or $800 a year in client payments.
