Kansas City could soon move to get a blighted downtown building into the hands of someone else who could pursue rehabilitation. The City Council’ s finance committee advanced a plan on Tuesday to begin the receivership process on the former Federal Reserve building, 925 Grand Blvd. The historic building was once the home of the Federal Reserve Bank of Kansas…
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Families covered by United Healthcare could see changes to how some breastfeeding support services are reimbursed beginning Sept. 1, as the insurer limits payment for lactation counseling visits to the mother. United Healthcare said it will no longer reimburse claims submitted under an infant's medical record using that code and will instead reimburse…
The following information was released by the California Department of Insurance:. LOS ANGELES Insurance Commissioner Ricardo Lara applauded a judge's order upholding his authority to protect consumers' access and stabilize the state's insurance market. Late yesterday, Los Angeles Superior Court Judge Tiana J. Murillo rejected a lawsuit filed by…
Governor Kathy Hochul today announced that the New York State Department of Financial Services has issued new guidance to insurers, implementing reforms enacted in the Fiscal Year 2027 Budget to help bring down the cost of auto insurance rates and combat fraudulent claims across New York State. "Since taking office, I have been committed to making New York…
Louisiana has more riding on this than almost any state in the country. "Since FEMA's Risk Rating 2.0 program went into effect, Louisiana families have opened their flood insurance bills with more questions than answers: why their premium jumped and what discounts they're missing," said Rep. Carter. "Louisiana has more riding on this than almost any state in the…
"The FOMC generally prohibits external communications around FOMC meetings to' reinforce the public's confidence in the transparency and integrity of the monetary policy process.'". Senators Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, Jack Reed, and Chris Van Hollen sent a letter to Michael Horowitz, the…
This week, the U.S. House of Representatives passed the bipartisanTRIA Program Reauthorization Act, legislation introduced by Congressman Mike Flood and co-led by Congressman Andrew Garbarino, to extend the Terrorism Risk Insurance Program through 2034.. "As a lifelong New Yorker, I know the lasting impact the September 11th terrorist attacks have had on…
The following information was released by New York Senator Kirsten E. Gillibrand:. "Donald Trump and Republicans chose to give billionaires tax cuts and launch reckless wars overseas instead of lowering healthcare costs for New York families. While Trump and Republicans in Congress continue to put the wealthiest Americans first as they make working…
Representative Lloyd Doggett, Ranking Member of the House Ways and Means Health Subcommittee, joined by 44 colleagues, introduced the Saving Medicare Enrollees from Deceptive Insurers and Creating Ample Resources for Everyone Act. The Saving MEDICARE Act would finally start to level the playing field between Medicare Advantage and Traditional Medicare…
This week, Congressman Cleo Fields, along with Representatives Troy Carter, Mike Ezell, and Rob Bresnahan, introduced H.R. 9511, the NFIP Premium Transparency Act, legislation that would require the Federal Emergency Management Agency to give the more than 400,000 Louisiana policy holders enrolled in the National Flood Insurance Program a full, clear…
WASHINGTON D.C.– While he is a new Federal Reserve Chairman, Kevin Warsh kept it pretty much business as usual when he held his first meeting last week. The central bank voted unanimously to keep the standard interest rate in the 3.50% to 3.75% target range. There were also talks of a new strategy involving communication with Warsh releasing a shorter policy…
U.S. job growth likely slowed to a still-solid clip in June, with the unemployment rate expected to hold steady at 4.3% for a fourth straight month, consistent with a stable labor market. Economists expected the Labor Department's closely watched employment report on Thursday to keep a September interest rate hike from the Federal Reserve on the table amid…
It's been a bumpy journey since majority Democrats in the state Legislature approved its creation in 2019 over the objections of Republicans. The state will pay authorized providers from a fund in which premiums paid by an estimated 3.7 million Washington workers are deposited. "We are changing what it means to age and age with purpose and age with dignity, and…
Low and moderate-income families on public assistance programs eventually will have to pay up to $300 monthly for their health insurance premiums, a critical move that state budget writers took in June 2025 to balance their two-year state budget. State Democratic leaders, including gubernatorial nominee-to-be Cinde Warmington of Concord, pounced…
2026 JUL 01– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ AETNA” by Erich G. Rhynhart CVS PHARMACY, INC., representing CVS Pharmacy, Inc. This application was made available to the public on June 16, 2026.
Anthem will stop paying for Medicaid clients’ services at Meridian as of July 25, but will operate as usual on behalf of its Medicare, commercial and privately-insured clients using Meridian services. According to a press release from Meridian, the Anthem change will mean that about 18,000 children and adults who use Medicaid will not be able to access Meridian’…
Financial supporters for this research include European Research Council, German Research Foundation. Our news editors obtained a quote from the research from Federal Reserve Board,“ In this article, we fill this gap by analysing long-run historical data. The news editors report that additional information may be obtained by contacting Maximilian Grimm,…
TOPEKA— Kansas Attorney General Kris Kobach has filed a lawsuit accusing Aetna Inc. of "misappropriating" state funds through a mechanism found to violate federal law in other court cases, an allegation the health insurer denies. Amber Smith, deputy attorney general of the Public Protection Unit, said Aetna failed in its fiduciary duty and has "chosen to…
It's been a bumpy journey since majority Democrats in the state Legislature approved its creation in 2019 over the objections of Republicans. The state will pay authorized providers from a fund in which premiums paid by an estimated 3.7 million Washington workers are deposited. "We are changing what it means to age and age with purpose and age with dignity, and…
