(The Center Square) – A credit rating agency has dropped San Francisco’s rating because of the city’s deficit spending and economic outlook. S&P Global Ratings lowered its long-term rating and underlying rating to ‘AA+’ from ‘AAA’ on the City and County of San Francisco’s existing general obligation debt and lowered its long-term rating and SPUR…
INN Insider News
The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, they're higher. Why?
California’s Department of Insurance last week posted long-awaited rules that remove obstacles to profitably underwriting coverage in the wildfire-prone state. Among other things, the new rules eliminate outdated restrictions on use of catastrophe models in setting premium rates.
While rising premiums have been the primary driver for commercial property insurance growth for years, a 25-quarter rate increase streak broke in early 2024. Strong risk-adjusted capitalization and adequate liquidity may sustain the stable outlook, notwithstanding formidable risks, according to Triple-I’s latest insurance brief Commercial Property: Trends and Insights.
The episode dives into the current financial landscape, focusing on the Federal Reserve’s recent rate cuts, the potential for U.S. Treasury yields to reach 6%, and the economic signals coming from China. Paul Kiker joins me to discuss these developments, highlighting the market’s reaction and the broader implications for investors. We explore the speculative nature…
Since early in the pandemic, people with long COVID have faced challenges in applying for disability benefits. Here's how the process works, advice for putting together applications and appeals, and more. Have long COVID? Here’s what to know about disability insurance is a post from Wisconsin Watch, a non-profit investigative news site covering Wisconsin since 2009. Please…
After having no rate cuts from 2021 to 2023, central banks across the G10 have cut a collective 650 basis points and counting. The magnitude of this year’s rate cuts nearly matches what the world experienced in 2020.
The incoming administration of President-elect Donald Trump and his allies in Congress have begun discussing plans to make deep cuts to Medicaid, one of the country’s largest health care programs, to offset their plans to cut taxes for wealthy Americans. Medicaid, known in Maine as MaineCare, is a joint state and federal program that covers […]
Luigi Mangione is accused of killing the UnitedHealthcare CEO. Callousness is no excuse for murder, but we must acknowledge the suffering of others.
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. December 19, 2024 For release at 11:00 a.m. EST The Federal Reserve Board on Thursday announced an enforcement action against Lineage Financial Network, of Franklin, Tennessee.
The New York State Court of Appeals held that the City of New York is required to pay up to the statutory cap for any health insurance plan it offers to its employees and retirees. The Court did not reach the question of how the statutory cap should be determined, explaining that "the City has not demonstrated that the question was preserved, and its answer depends on ‘further…
U.S. District Court for the Eastern District of Louisiana | Official website Frank Abbruscato has filed a lawsuit against his former employer, alleging discrimination and wrongful termination due to his disability. The complaint was filed on December 9, 2024, in the United States District Court for the Eastern District of Louisiana against Thionville Laboratories, LLC.
The Federal Reserve lowered rates by 25bp as expected but trimmed its rate cut expectations for 2025, and this has weighed on the commodities complex.
Stocks were hit hard Wednesday after the Federal Reserve rate cut. This across the board selloff could create a short-term rally but yesterday's strong selling pressure provides more potential for an extended bearish selloff.
As Louisiana lawmakers continue to study solutions for the state’s out-of-control car insurance premiums, they’re also considering some creative rebranding to try to generate new support to curtail personal injury lawsuits.
Wendell Potter, former health insurance executive, tells us why health insurance is getting worse and costing more. You need to read this! He writes: I left my job as a health insurance executive at Cigna after a crisis of conscience. It began in 2005, during a meeting convened by the chief executive to brief department heads on the company’s latest strategy: “consumerism.”…
(Allison Doyle, LMFT, Dave Meichsner, LICSW, Heidi Page, LICSW, and Shawn Hassell, LMFT, of Clinicians United New Hampshire contributed to this commentary.) Despite a growing need for mental health services, it is becoming increasingly difficult to find care. Finding a mental health provider in your insurance network, who has openings, can be an arduous process. […]
The Federal Reserve on Wednesday cut its key interest rate by 25 basis points, marking the third cut in a row. However, the move was accompanied by a cautious message regarding the possibility of further reductions in the years ahead. As expected, the Federal Open Market Committee lowered the overnight borrowing rate to a target…
A new report finds most of the formularies run by some of the largest health plans in the U.S. provide “fair access” to drugs for several serious diseases — but…
