The presidential election of 1932 was a political watershed for the United States. Herbert Hoover, seeking re-election on the Republican ticket, was saddled with a deep depression. Though the independent Federal Reserve System was to blame for the mistaken monetary policy that converted a recession into a catastrophic depression, the president, as the head…
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Aug. 6— Washington Insurance Commissioner Patty Kuderer said Wednesday her office is surging additional personnel to Spokane to answer questions and help those impacted by this weekend's Spokane Complex fires file insurance claims. Representatives from her office will be at Shadle Park High School, 4327 N. Ash St., from noon to 7 p.m. on Thursday and 9 a.m. to 7 p.m….
Two years ago, California hit a milestone decades in the making: Nearly every person in the state qualified for health insurance, regardless of immigration status and income, pushing the state's insured rate to a record 95 percent. Analysis at the UC Berkeley Labor Center and UCLA Center for Health Policy Research project California's uninsured rate could…
Aug. 5— A Federal Reserve governor told Anchorage business leaders on Wednesday that she's looking to raise interest rates if U.S. inflation doesn't come down. Lisa Cook, who this year survived an effort by President Donald Trump to oust her from the board of governors for the nation's central bank, was the keynote speaker at a luncheon held by the Anchorage…
Banco Santander announced Tuesday that its $12.2 billion acquisition of Stamford-based Webster Bank had been approved by the Federal Reserve, putting it on the verge of completing the deal. The authorization of the transaction by the Federal Reserve System's Board of Governors follows approvals by the Connecticut Department of Banking and federal…
These changes are contrary to Vermont's long-held "community rating" which mandates all people in the same group pay the same amount. Prior to establishment of Vermont's community rating, insurers denied coverage to people, refused to cover current and pre-existing conditions, and charged women higher rates than men. Governor Scott's focus on the cost of…
Most adult Americans take at least one prescription drug, and for too many, getting that prescription filled means battling the very system that's supposed to help them. Insurance denials have become alarmingly routine. And even when patients manage to access treatment, affordability remains a major challenge: nearly 60% of U.S. adults worry about being able…
In his campaign to remake the Federal Reserve, Chair Kevin Warsh has engaged what he calls the "very best minds." Yet there is a conspicuous absence from the various task forces he has created: anyone representing regular people or labor organizations. Fortunately, the Fed does not need a new task force to hear from the public— it just needs to listen to the Americans…
The continuing consistency reflects in broad terms the strategic commitment of new Fed Chairman Kevin Warsh to focus on data, not drama or political pressures. This laudable high-minded commitment is more easily declared than achieved in Washington at any time, but especially in the current intensely charged environment. The three dissenters were Beth…
CPI Card Group Inc., a payments technology leader providing a comprehensive range of physical and digital payment solutions for U.S. financial institutions, processors, fintechs, prepaid program managers and more, today reported financial results for the quarter ended June 30, 2026, and increased its 2026 financial guidance targets for revenue growth and…
On July 27, the New Jersey School Employees' Health Benefits Program commission approved the fiscal year 2027 health premium rate increases for retirees, but tabled the vote for active employees until Aug. 19, a treasury spokesperson confirmed. The New Jersey Educators' Association, which has been advocating for lower premiums all year, released a statement…
Fly Baghdad has announced that it has been removed from the U.S. Department of the Treasury’s Office of Foreign Assets Control List of Specially Designated Nationals and Blocked Persons, marking the successful conclusion of a comprehensive two-year compliance transformation. As of that date, Fly Baghdad is no longer subject to U.S. blocking sanctions, and…
FSLSO CEO Mark Shealy, center, stands with, from left, Conor O'Leary, chair of the FSLSO Board of Governors; Michael Hartline, dean of the Herbert Wertheim College of Business; Brad Karl, Dr. FSLSO, a Tallahassee- based not-for-profit organization that monitors, educates and supports Florida's surplus lines insurance market, recently gave $1 million to establish…
Jim Douglas and Lisa Ventriss, president emerita of the Vermont Business Roundtable. They are co-chairs of the VT Healthcare 911 Leadership Council. In that same period, Vermont went from middle-of-the-pack health insurance costs to the most expensive health insurance premiums in the country.
North CarolinaInsurance Commissioner Mike Causey today announced the arrest of Melissa Lynn Mountzoures, 54, of 5517 Cedar Lake Road, Jonesville. Special agents with the North Carolina Department of Insurance Criminal Investigations Division accuse Mountzoures ofcreating multiple fraudulent receipts for doctors' visits that did not occur and…
The following information was released by the American Diabetes Association:. The American Diabetes Association applauds Hawaii Governor Josh Green for signing SB 3045 into law, a significant step toward expanding access to continuous glucose monitors for people living with diabetes across Hawai'i. "The ADA applauds Governor Green and the Hawai'i…
Iranian National residing in Coos Bay pleaded guilty today to conspiracy to commit healthcare fraud. CDTG operates out of Coos Bay, Brookings, Reedsport, Florence, and Roseburg, Oregon. He and his employees overcharged the United States Department of Health and Human Services, the Veteran's Health Administration, and numerous private insurance companies for…
PINELLAS COUNTY, Fla.— The Pinellas County Sheriff's Office is warning of a rise in a type of a phone scam aimed at targeting the loved ones of those in custody. Families urge Florida gubernatorial candidates to repeal' Free Kill' law. The man pretending to be a deputy asked them to bring the bail money, approximately $2,000, to a Bitcoin ATM nearby.
Louisiana military members eligible for a 25% discount on the liability portion of their auto insurance premiums will no longer have to reapply every year under a regulatory change announced this week by the Louisiana Department of Insurance. The change applies to active-duty military personnel stationed in Louisiana, military reservists based in the…
