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Florida’s New $15 Million Coverage Cap: What High-End Homeowners Need to Know

21 hours ago

Florida’s luxury housing market has never lacked drama, and the insurance industry just added another twist. A new $15 million coverage cap now forces many high-end homeowners to rethink how they protect sprawling estates, waterfront mansions, and custom-built dream homes. In a state where hurricanes, flooding, litigation, and soaring rebuilding costs already pressure insurers,…

Delta Dental Insurers to Pay New York $2.25M Over Cybersecurity Incident

May 22, 2026

Delta Dental Insurance Co. and Delta Dental of New York, Inc. will pay a $2.25 million penalty for violations of New York's cybersecurity regulation, the Department of Financial Services reported. Acting DFS Superintendent Kaitlin Asrow said that an investigation determined that the companies' "inadequate incident response policies and procedures"…

Empirical Asset Management LLC Reduces Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

May 22, 2026

Empirical Asset Management LLC decreased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 24.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,904 shares of the company’s stock after selling 7,045 shares during the quarter. Empirical Asset Management…

North Dakota State Investment Board Takes $572,000 Position in Essex Property Trust, Inc. $ESS

May 22, 2026

North Dakota State Investment Board acquired a new stake in Essex Property Trust, Inc. (NYSE:ESS – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,185 shares of the real estate investment trust’s stock, valued at approximately $572,000. A number of other institutional investors have…

Handelsbanken Fonder AB Buys 6,900 Shares of Reddit Inc. $RDDT

May 22, 2026

Handelsbanken Fonder AB raised its stake in Reddit Inc. (NYSE:RDDT – Free Report) by 22.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,000 shares of the company’s stock after purchasing an additional 6,900 shares during the period. Handelsbanken Fonder AB’s holdings in…

Northwestern Mutual Wealth Management Co. Buys 49,881 Shares of Equifax, Inc. $EFX

May 22, 2026

Northwestern Mutual Wealth Management Co. grew its stake in shares of Equifax, Inc. (NYSE:EFX – Free Report) by 1,350.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,574 shares of the credit services provider’s stock after acquiring an additional 49,881 shares during the quarter….

Meridian Wealth Management LLC Sells 2,198 Shares of Alphabet Inc. $GOOG

May 22, 2026

Meridian Wealth Management LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 100,616 shares of the information services provider’s stock after selling 2,198 shares during the period. Alphabet accounts for…

County tax hike blamed on health insurance cost jump

May 22, 2026

Passaic County taxpayers are getting another increase. The county adopted a $496.3 million 2026 budget on May 12, raising the county tax levy for the third straight year, with health insurance costs accounting for nearly the entire increase. The budget calls for $383.8 million to be raised through the county purpose tax, up from $360.8 million in 2025.

Copart Q3 Earnings Call Highlights

May 21, 2026

Copart NASDAQ: CPRT reported higher revenue and profit for its fiscal third quarter of 2026, even as insurance unit volumes declined amid softer claims activity and shifting consumer insurance behavior.

Pet Insurance Waiting Periods and the Claims They Block

May 21, 2026

Coverage disputes over timing are more technical than most policyholders expect. Attorneys pull the definitions section before they read anything else, because the waiting period calculation does not live in the exclusions page. A carrier applying the wrong definition of “onset” to the wrong category of condition has made a reviewable error. Today, we’ll break

Federal Reserve Board issues enforcement action with former employee of Commerce Bank

May 21, 2026

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. May 21, 2026 For release at 11:00 a.m. EDT The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below:

Federal Reserve Proposes Limited Master Accounts For Crypto Firms

May 21, 2026

America’s central bank is proposing to give cryptocurrency firms access to limited master accounts that are typically provided to traditional banks. The U.S. Federal Reserve would grant crypto companies access to special limited payment accounts that would be a lighter version of the master-account services given to banks. The central…

Gold Rallies As Dollar Weakens, Though Headwinds Persist

May 21, 2026

Gold prices moved slightly higher at the start of the week as the U.S. dollar weakened, making the precious metal more attractive to overseas buyers. However, gains remained limited due to rising Treasury yields and surging oil prices, both of which intensified concerns over inflation and the possibility of tighter monetary policy. With investors closely watching central bank…

When prior authorization becomes prior aggravation

May 21, 2026

Insurance red tape is delaying care, driving up costs and consuming hours of physicians' time — and patients are paying the price. Read the story on VTDigger here: When prior authorization becomes prior aggravation.

Phipps Garza Accident & Injury Trial Lawyers Helps Injury Victims Pursue Fair Settlements Without Trial Stress

May 21, 2026

Personal injury victims can face pressure from insurance companies and risk accepting unfair settlements without proper legal representation. Phipps Garza Accident & Injury Trial Lawyers provides experienced legal advocacy, personalized guidance, and contingency-based representation to help clients pursue maximum compensation while minimizing stress.

Foreign Central Banks Dumping US Treasuries

May 21, 2026

Foreign central banks are dumping U.S. Treasuries as yields hit multi-decade highs and the national debt tops $39 trillion. This exodus leaves the Federal Reserve in a "debt trap," likely forcing a return to inflationary monetary policies.

Florida's uninsured millions can get 600 generic drugs through TrumpRx

May 21, 2026

The millions of Floridians who don’t have health insurance can now choose from a catalog of 600 generic prescriptions on the TrumpRx.gov platform.

Who gets access to the Fed’s payment infrastructure, and on what terms?

May 21, 2026

Washington, D.C., is locked in a battle over how to integrate crypto and fintech firms into the regulated financial system. Now the Federal Reserve is confronting a similar question: Who gets access to its payment infrastructure, and on what terms? Why it matters: The Fed on Wednesday night said it is seeking public comment on a proposal to extend limited access to its payment…

Oil’s Geopolitical Premium: How The Fragile Iran Ceasefire Reshapes Global Inflation And Fed Path

May 21, 2026

Brent crude's surge near $110 fuels inflation and stalls Fed rate cuts, but US energy independence offers a unique buffer.

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