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REDUCING RISK TODAY WILL FIX CALIFORNIA'S INSURANCE CRISIS FOR FUTURE GENERATIONS

August 13, 2026

The following information was released by the Environmental Defense Fund:. California's homeowner's insurance market has come under significant strain as growing wildfire risk drives more frequent and costly insurance claims. The impacts of rising wildfire risk have led insurers to raise premiums, limit coverage, and withdraw from high-risk areas,…

MORRISON LAW ENSURES DRIVERS CAN INVOKE APPRAISAL ON DAMAGED VEHICLES

August 13, 2026

The following information was released by the Illinois Senate Democrats:. A new law led by State Senator Julie Morrison will provide insured drivers a way to resolve disputes with their insurers about repair costs or total loss valuations without involving the court system. The new law requires all automobile insurance policies in Illinois that include…

Trump administration finalizes restrictions on Medicaid and CHIP funding for youth gender-affirming care

August 13, 2026

The Trump administration is finalizing a rule restricting Medicaid and the Children's Health Insurance Program from covering gender-affirming care for trans youth, according to a document set to be published by the Department of Health and Human Services. The White House first proposed the rule last December under HHS Secretary Robert F. Kennedy, Jr, who…

Drugmakers, health insurers battle over coupons for high-cost medicine

August 13, 2026

If you ask New Jersey state Sen. Jon Bramnick which industry exerts the most influence in Trenton, the answer is a no-brainer: health insurers. With the new law, New Jersey joined roughly half the country in restricting use of accumulators, an issue that doesn’ t dominate headlines but is a major fault line in the battle between drugmakers, which say insurers are…

Consumer prices rose modestly in July, easing pressure on Federal Reserve

August 13, 2026

The Bureau of Labor Statistics said prices rose 0.1% for the month, with an annual rate of 3.4%. “The July CPI report is further proof that President Trump’ s long-term agenda is delivering: prescription drug and auto insurance costs continue to fall, real wages are rising, and beef prices have cooled while other household essentials like eggs, poultry, and dairy…

Studies from University of West Attica in the Area of Risk Management Described (Was the 2025 DAX Crash Endogenous? Evidence from the Log-Periodic Power Law Model): Insurance – Risk Management

August 12, 2026

2026 AUG 12– By a News Reporter-Staff News Editor at Insurance Daily News– Data detailed on risk management have been presented. According to news originating from Athens, Greece, by NewsRx correspondents, research stated,“ In this article, we investigate whether the crash of the German DAX index following the U.S. tariff announcement in April 2025 is consistent…

Fed Deep State Undercuts Kevin Warsh, Who Wins Some Surprise Support

August 12, 2026

The new chairman of the Federal Reserve, Kevin Warsh, is facing his own version of the same problem that the president who appointed him encountered— an entrenched and highly partisan bureaucracy that fiercely resists change while taking itself very seriously. The most brazen example of this came in an August 11 column by Bloomberg Opinion columnist Bill…

Idaho lawmakers look into a hospital insurance dispute

August 12, 2026

BOISE— A group of legislators on Tuesday assembled at the Idaho Capitol for the first meeting of the Idaho Health Insurers Working Group, created this year to examine a range of issues including rates of claim denial, medical provider reimbursement rates and treatment delays stemming from prior authorization. Though the task force’ s emphasis is…

$80,000 insurance fraud claim lands Washington state man in hot water

August 12, 2026

A Washington state man has pleaded guilty to one count of insurance fraud after he filed an $80,000 insurance claim in response to a 2024 car collision. Jeremy Joshua Antone, 55, of Ford, Washington, who wasn’ t injured in the crash, now owes $24,248 to the state of Idaho, according to an Idaho Department of Insurance news release. Antone filed an injury claim with…

GOP lawmaker targets Fed interest payments to banks as way to fund healthcare

August 12, 2026

Under that plan, the estimated $1 trillion the Federal Reserve will spend over the next decade on bank reserve interest payments would instead be redirected toward implementing the legislation. Eric Burlison, R- Missouri, stated.“ My bill answers that question. But Burlison’ s plan to halt most interest payments on banks’ monetary reserves housed in the U.S….

Studies from Texas Technical University Provide New Data on Politics and Government (Modeling Nfip-insured Housing Losses From Texas and Florida Flood Disasters: a Comparative Analysis of Hurricane Harvey, the 2016 Tax Day Flood, and Hurricane …): Politics and Government

August 12, 2026

2026 AUG 12– By a News Reporter-Staff News Editor at Politics, Law& Government Daily– Fresh data on Politics and Government are presented in a new report. We evaluate tract-level National Flood Insurance Program- insured housing losses across 6065 census tracts affected by the 2016 Tax Day Flood, Hurricane Harvey, and Hurricane Irma.”. Our news journalists…

GOVERNOR HOCHUL ANNOUNCES WITHCOVERAGE TO EXPAND IN NEW YORK CITY, CREATING 205 NEW JOBS

August 12, 2026

The following information was released by the office of the Governor of New York:. Governor Kathy Hochul today announced that WithCoverage, an AI-powered insurance technology company, will significantly expand its New York City operations, creating 205 new full-time jobs while investing $25 million in research and development activities across New York…

Chevron Announces Leadership Changes

August 12, 2026

As Treasurer, Oseguera will lead Chevron’s treasury organization, including capital markets, corporate finance, insurance, credit and risk management activities. Coupled with strong relationships across the enterprise and sound judgment, Ose is exceptionally well positioned to advance Chevron’s strong financial position and long-term value.”.

FORMER BROOKLYN BANK MANAGER SENTENCED TO PRISON FOR LAUNDERING PROCEEDS OF MEDICARE FRAUD FOR TRANSNATIONAL CRIMINAL ORGANIZATION

August 12, 2026

A Brooklyn man was sentenced yesterday to 18 months in prison for conspiring to launder more than $8 million in health care fraud proceeds through a U.S. bank on behalf of a transnational criminal organization. "The Fraud Division is committed to holding accountable anyone who abuses the U.S. financial system to facilitate fraud," said Assistant Attorney…

Manatee County man faces felony charge after $34k disability fraud, deputies say

August 12, 2026

Willie Nathan Young Sr., 38, is charged with scheme to defraud involving between $20,000 and $50,000, a second-degree felony. If convicted, Young faces up to 15 years in prison and a $10,000 fine under Florida law. Investigators allege Young failed to disclose that he was actively running his business, Blessed Movers LLC, while collecting benefits, despite the…

Insurance industry makes millions from delays

August 12, 2026

Good morning, Chicago.✶ Below: How much money are insurance companies making by delaying paying out claims? Plus: Another round of tornadoes hit the Chicago area, the White Sox' Pope Leo night and more news you need to know. Keeping score:, 8-6; the White Sox fell to the Reds, 5-4. Subscribe: Get our morning newsletter delivered to your inbox weekday mornings.⏱ ️: A 7- minute…

BOSTON FED REPORT OFFERS DETAILED PICTURE OF FAMILY WEALTH IN MASSACHUSETTS

August 12, 2026

A detailed survey of family wealth in Massachusetts has found an estimated median family net wealth of $374,000 and higher median wealth among those with more education, homeowners, those 65 or older, rural residents, and in white and Asian families. The Family wealth in Massachusetts report, published by the Federal Reserve Bank of Boston, presents the…

ONE MAN’S OPINION: Remember customer service?

August 12, 2026

My last three cars have each been a Kia Sportage, all three purchased at Bulldog Kia in Athens, from the same salesmen. The service at that dealership started to decline rapidly, and I moved to Heyward Allen Toyota, also in Athens, and from every indication, I will be there to stay. As a broke young TV reporter in Macon in 1984, I had over-bought myself a new sports car.

Symetra Named to PEOPLE® Companies That Care™ List for Second Consecutive Year

August 12, 2026

Symetra Life Insurance Company today announced that it has been named to the 2026 PEOPLE ® Companies That Care List™, coming in at No. 80 among the 100 organizations recognized. “We are very proud to once again be recognized by PEOPLE and Great Place to Work. Investing in our employees and in our communities and creating positive impact has always been a defining…

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