Newswires

David and Peggy Blue were dumbfounded when they were notified last month that their home insurance would not be renewed because of a tall sycamore tree that overhangs their Altadena house. Their appeals for reconsideration were fruitless, leading the former San Diegans on a nerve-racking quest for a new policy. Finally, on Jan. 7, a tentative policy they’ d been…

When Michael Adams was researching health insurance options in 2023, he had one very specific requirement: coverage for prosthetic limbs. He picked a gold plan on the Colorado health insurance marketplace that covered prosthetics, including microprocessor-controlled knees like the one he has used for many years. The roughly $50,000 leg with the…

From February 2020 to April 2022, the nation's M2 money supply surged by more than 40% to a record-high $21.7 trillion. The M2 is a classification used by the Federal Reserve to measure the total value of U.S. currency within the economy at any given point in time. From its record-high level of $21.7 trillion in April 2022, the M2 money supply gradually fell by $1.1…

Inflation is projected to hold steady in 2025 at the 2.4-2.5% pace of recent months, Ed Knotek, director of research, Federal Reserve Bank of Cleveland, said this week. But Trump, soon moving into the White House, is preparing to impose blanket tariffs on imports while congressional Republicans push to extend the tax cuts that they passed in 2017..

Citizens Property Insurance Corp. drew seven bids from its invitation to negotiate for "turn-key" office space in Jacksonville that is smaller than its current Downtown location. The state insurer operates in the 30- story high-rise at 301 W. Bay St., for which it signed a 10- year, $41.7 million lease in 2015. The Atlantic Land and Improvement Co., care of CSX…

In death, as in life, former President Jimmy Carter can't seem to get a fair shake, at least from the national political establishment based in Washington D.C. and the mainstream mass media. These include senior appointments, first and foremost Paul Volcker as chairman of the Federal Reserve. This was partly in retaliation for important United States support for…

Do you receive Social Security Disability Insurance or Supplemental Security Income? If so, you should know that we are required by law to review your case to verify that you still have a disabling condition that prevents you from doing substantial work. We call this process a Continuing Disability Review.

In connection with the entry into a definitive agreement for the contemplated combination of 180 Degree Capital Corp. and Mount Logan Capital Inc. in an all-stock transaction, 180 Degree Capital intends to file with the U.S. Securities and Exchange Commission and mail to its shareholders a proxy statement on Schedule 14 A. In addition, the parent company of…

—Base rates for North Carolina homeowners' insurance premiums will increase on average by about 15% by mid-2026 as part of a settlement reached by the state Insurance Department and the industry. The agreement announced Friday by state Insurance Commissioner Mike Causey contrasts with the January 2024 request by the North Carolina Rate Bureau, which…

WARSAW— Lake City Bank has announced that Kristin L. Pruitt, president of Lake City Bank, has been elected to the Federal Reserve Bank of Chicago Board of Directors for a three-year term from 2025 to 2027.. The Federal Reserve Bank of Chicago is part of the Federal Reserve System and serves the Seventh Federal Reserve District, which comprises Iowa and most of…

As with other goods and services, auto insurance costs have been skyrocketing. That makes the national average an annual $2,543, which is prohibitive for many families. Based on The Zebra's analysis of 61 million auto insurance rates across the U.S., the citation that will most boost an offender's rates is a hit-and-run violation at the aforementioned 82%.

According to the Centers for Disease Control and Prevention, the risk of motor vehicle crashes is higher among 16- to-19-year olds than for any other age group. Let's look at an example of a six-month policy for full automobile insurance coverage, which would cost Mom and Dad $991. In North Carolina, you are required to have automobile liability insurance to…

Insurance leaders say that inflation has fueled the rising costs of coverage paid by Florida policyholders in recent years. But an analysis by the South Florida Sun Sentinel shows that insurance premiums have increased significantly more than the rate of inflation, and experts cite a range of possible reasons why, including steep increases in reinsurance…

The December killing of UnitedHealthcare CEO Brian Thompson by alleged shooter Luigi Mangione just outside of the annual investor's conference in New York City has pulled the bandage off a gaping wound impacting millions of Americans— deep disappointment with America's profit-before-people model of healthcare. Hank Abrons, 84, a retired physician from…

JEFFERSON CITY— Missouri health insurance providers would be prohibited from limiting coverage of anesthesia under legislation introduced in the Missouri House. David Tyson Smith, D- Columbia, said he is sponsoring the proposal in response to a policy change floated by Anthem Blue Cross Blue Shield and then dropped amid backlash from customers, lawmakers…

LPL Financial, a La Jolla- based investment and wealth management services firm, will pay $18 million to settle charges by the Securities and Exchange Commission for violations of anti-money laundering policies. The charges announced Friday by the SEC say that LPL Financial had multiple failures related to its customer identification program from at least…

Jan. 17— Some doula services are now covered for Washington residents on Apple Health, signifying a significant change in the way the state pays for pregnancy and labor care for almost half its annual births. As of Jan. 1, birth doulas are eligible for a $3,500 payment per delivery, the highest Medicaid reimbursement for doulas in the country, according to advocates…

LOS ANGELES, Jan. 17, 2025/ PRNewswire-PRWeb/– Mercury Insurance is providing comprehensive support to its customers impacted by the ongoing Los Angeles area wildfires. Mercury Insurance Mobile Claims Assistance Center Pop-up: Mercury Insurance will have claims professionals on site at The Shops at Santa Anita, 400 S. Baldwin Ave., Arcadia, to help customers…

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of A and the Long-Term ICR of“ a” of Florida Lawyers Mutual Insurance Company. FLMIC maintains a neutral business profile assessment based on its strong market share position in Florida. AM Best considers FLMIC’ s ERM program…