After the Federal Reserve decided to hold interest rates steady at its March policy meeting, Chairman Jerome Powell conducted a news conference. In it, he was asked whether the economy was facing stagflation. For the uninitiated, the term "stagflation" was coined in 1965 by the British politician Iain Macleod, who declared in a speech to the House of Commons: "We now…
In Canada, Shantel Aris has been promoted to Head of Longevity Analysis and Client Engagement, North America. In this expanded role, Shantel will guide the development of longevity analysis programs while enhancing engagement with insurance clients across Canada and the broader North American market. Katherine Pelletier has been named Head of Pensions and…
Reports from the year 2024 show that, in the United States, around 13% of the population has a disability. In this case, people have several options: Some have private insurance that their jobs provide or that they paid themselves, while there are also programs, including the Supplemental Security Income and the Social Security Disability Insurance.
Ah, applying for social security disability benefits is an odyssey. Trying to get a disability benefit is not an easy process, with many obstacles to sort out, complicated legal jargon, and with the addition of a physical or mental impediment, you have the recipe for guaranteed stress. In this post, Indianapolis disability attorneys tell us the main causes why SSDI…
Monday, March 23, was the 16th anniversary of the signing of the Affordable Care Act into law. Nearly the same number of Iowans on the ACA marketplace are now paying double or more for their health insurance due to the continued failure by Congress to extend the ACA tax credits at the end of 2025.. April 1 marks the 10- year anniversary of when Iowa privatized its…
Travel insurance is often viewed as an optional extra, particularly for cost-conscious Australians planning holidays on a budget. However, choosing the cheapest policy without understanding what it covers can quickly become an expensive mistake. Medical emergencies, trip cancellations, lost luggage, and travel delays can cost thousands of dollars if you…
The statewide grand jury indicted George Gonzalez, 55, of Denver on 14 counts for allegedly diverting thousands of dollars in insurance premium payments instead of sending them to insurance companies as required by law, Attorney General Phil Weiser announced today. Gonzalez is a licensed agent and owns Amerimex Insurance, LLC, an insurance broker…
Odyssey Group Holdings, Inc. today announced a refreshed brand identity that aligns its Hudson and Newline brands with OdysseyRe and Odyssey Group. The Group’ s subsidiary brands of Hudson Insurance Group and Newline Group have adopted the iconic wave symbol which has been synonymous with the Odyssey brand since it was established in 1996.
Family Health Partnership Clinic, which does not accept insurance, operates on a sliding fee scale and will not turn anyone away due to inability to pay. The clinic, at 401 Congress Parkway, is seeing a spike in clients after health insurance premiums rose, with some McHenry County residents seeing jumps from $300 to more than $1,000 a month, leaving more people to…
Many adults who are recommended to get colorectal cancer screening delay or skip testing because they worry it will be expensive or not covered by their health insurance. The U.S. Preventive Services Task Force recommends colorectal cancer screening for adults ages 45 to 75 at average risk. "People sometimes assume screening will come with a big bill, and that…
It is important to note that the war continues unabated, with Iran continuing to fire on Gulf nations in recent hours. The Polymarket prediction market sees a ceasefire as likely to happen in the second half of April, and also sees the US as likely to send ground forces into Iran in April. 3. Stock markets are either consolidating or higher- they are doing especially…
AMESBURY— Keeping local firefighters heart healthy just got a little easier after the City Council recently authorized Amesbury Mayor Kassandra Gove to accept a grant that supports cardiac screenings for 17 members of the Amesbury Fire Department. The $14,858 comes from the city's health insurance provider, the Massachusetts Interlocal Insurance…
INSURANCE: 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. Insurance industry advocates contend the proposal would end up harming Illinois consumers, stating it represented "one of the most sweeping and harmful…
And contra Ronald Reagan, in this case there's reason to think the government truly can help. To address soaring insurance premiums and coverage gaps in an age of worsening climate-fueled disasters, the Brookings Institution has proposed creating a federal reinsurance company to cover U.S. home insurers. It would be, as proposal co-author Benjamin Keys of the…
The following information was released by the U.S. Government Accountability Office:. The Network of Central Banks and Supervisors for Greening the Financial System is a forum for sharing best practices and working on climate-related financial risk. The Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the…
The following information was released by the U.S. Government Accountability Office:. The Federal Emergency Management Agency administers three primary programs that mitigate flood risk for properties insured by the National Flood Insurance Program. A small number of these propertiesknown as repetitive loss properties, which have flooded and received…
Attorney General Dave Sunday announced charges against a York County man accused of buying scrapped vehicles at a bargain, insuring them, and reporting accidents that never happened to receive lucrative insurance payouts. Taofiq Salami, 30, of York Haven, is charged with numerous felonies, including insurance fraud, identity theft, forgery, and title washing,…
In 1986, Congress passed the Emergency Medical Treatment and Labor Act, which requires every hospital that accepts Medicare funds to treat a patient regardless of their ability to pay or their immigration status in the U.S. In 2010, the Affordable Care Act, or "ObamaCare," was passed into national law, ensuring that all Americans have access to health insurance,…
A groundbreaking new analysis from the California Department of Insurance and the National Association of Insurance Commissioners reveals that rebuilding the communities destroyed by the January 2025 Palisades and Eaton fires to the IBHS Wildfire Prepared Home standard could reduce projected wildfire losses by one-third on average— a finding with…
