A rapid series of administrative, staffing and policy changes the Social Security Administration underwent early on in the second Trump administration are making it much harder to get disability benefits that millions of Americans rely on to make ends meet. For instance, Social Security officials announced in March 2025 that people would no longer be able…
Newswires
26 North Reinsurance Holding Company today announced that it has entered into a definitive agreement to acquire 100% of Independent Insurance Group, LLC, which operates Independent Life Insurance Company, the only carrier exclusively dedicated to issuing structured settlement annuities for personal injury claimants and their families.
—Insurance giant UnitedHealthcare said it will drastically cut down its prior authorization requirements for pediatric care, as the company further scales back a process that physicians say adds an unnecessary barrier to timely and necessary medical care. UnitedHealthcare said it is removing two-thirds of authorization requirements for members under…
Insurance claims may be closed without payment for a variety of legitimate reasons, including when damages fall below a policy’ s deductible, the loss is not covered under the terms of the policy, duplicate claims are submitted, or an investigation determines no payment is owed. Importantly, claims closed without payment are not synonymous with denied claims,…
Earnix, the first AI company purpose-built for insurance, has released its fourth annual Insurance Trends Report, The Race to Reinvent. For the first time, AI integration in insurance is near-universal, with 81% of executives reporting that it is embedded across most or some of their workflows. Yet the same data reveals much of this progress is still happening…
Lincoln Financial today announced the promotion of three senior leaders to its Senior Management Committee: Darrel Tedrow as Executive Vice President, President of Life Insurance and Retail Shared Services; Curtis Chesney as Executive Vice President, President of Annuities; and Paul Spurr as Executive Vice President, Chief Risk Officer and Chief Actuary.
Ashley Hinson in downtown Cedar Rapids, interrupting the congresswoman as she spoke about her efforts to ban members of Congress and staff from using insider information to trade stocks and bet on prediction markets. The disruptions occurred inside the Veterans Memorial Building as Hinson addressed supporters alongside Republican Iowa Secretary of…
Former Federal Reserve Chair Jerome Powell used one of his first major public appearances since leaving office to defend independent institutions while accepting an award Sunday honoring his efforts to preserve the central bank's independence. Speaking at the John F. Kennedy Presidential Library overlooking Boston Harbor, Powell called universities,…
ALBANY— The state budget is finished and signed into law, and among the hundreds of pages of legislative language and billions of dollars in taxation and spending is a significant amount of non-budget related policy changes to things like environmental goals, construction reviews and auto insurance. The final plan spends $268.5 billion, the largest in state…
American Integrity Insurance Group, Inc., a Tampa- based property and casualty insurance holding company and one of Florida’ s leading providers of residential property insurance, announced today that it has fully placed its 2026-2027 indemnity based, catastrophe excess of loss reinsurance program for its insurance subsidiary, American Integrity…
Massachusetts- based Agero, a provider of digital driver assistance services and software for major. Based on the 2,196,934 shares outstanding as of March 12, according to a Securities and Exchange Commission filing, the deal was valued at roughly $12 million. Abigail Spanberger announced $2.48 million in strategic investments through the Commonwealth's…
Preliminary monthly figures from the Washington State Employment Security Department, which is based on data collected by the U.S. Bureau of Labor Statistics, estimated Pacific County's unemployment rate at 6.8% in April— down from 7.3% in March but up considerably from the 5.5% rate in April 2025. It's the highest jobless rate for Pacific County in the month…
—Former Federal Reserve Chair Jerome Powell used one of his first major public appearances since leaving office to defend independent institutions while accepting an award Sunday honoring his efforts to preserve the central bank’ s independence. Speaking at the John F. Kennedy Presidential Library overlooking Boston Harbor, Powell called universities,…
Kevin Warsh was sworn in May 22 for a four-year term as chair of the Federal Reserve, a role that will grant him outsized influence over interest rates and the direction of the U.S. economy. The 56- year-old former finance executive and adviser to President George W. Bush previously served on the Fed's board of governors from 2006 to 2011— when the central bank had to…
Ashley Hinson in downtown Cedar Rapids, interrupting the congresswoman as she spoke about her efforts to ban members of Congress and staff from using insider information to trade stocks and bet on prediction markets. The disruptions occurred inside the Veterans Memorial Building as Hinson addressed supporters alongside Republican Iowa Secretary of…
But with new Chair Kevin Warsh now installed as the country's central bank chief- completing Trump's influence across the top echelon of U.S. economic policy-making posts- the dynamic shifts. As if to emphasize the stakes, Trump hosted Warsh at a White House swearing-in ceremony on Friday that included cabinet secretaries, Supreme Court justices and top White…
Vice Chair for Supervision Michelle W. Bowman. At the Reykjavk Economic Conference 2026, Central Bank of Iceland, Reykjavk, Iceland. I would like to thank Governor Jnsson for the invitation to take part in the Central Bank of Iceland's Reykjavk Economic Conference.
Betty, an 81- year-old widow, owns multiple properties worth $1 million, liquid assets, including stocks, bonds and cash worth $2 million, a a long-term care insurance policy for four years of care up to $126,000 per year. Betty could meet the income requirement even though her income is above the monthly allowable amount of $2.982 for a single person by…
JB Pritzker says he looks forward to signing a pair of bills that cleared the Illinois House on Wednesday giving the state Insurance Department authority to regulate premiums charged for automobile and homeowners insurance. "Too many families have dealt with unexplained, unfair insurance price hikes on their homes and cars, so this legislation helps…
