Franklin-based health insurer Clover Health Investments has received an upgraded star rating from the Centers for Medicare and Medicaid Services following a recent court ruling. On May 29, the United States District Court for the Southern District of Georgia entered final judgment in Clover Insurance Co. v. U.S. Department of Health and Human Services,…
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A North Carolina woman was indicted by a federal grand jury with conspiracy to commit immigration fraud, making false statements under oath on immigration documents, unlawfully procuring citizenship, mail fraud, and wire fraud.This indictment is one of many federal fraud cases pursued under the leadership of President Donald Trump and through the…
The following information was released by the office of the Governor of Colorado:. Today, Governor Polis and the Colorado Division of Insurance, part of the Department of Regulatory Agencies, announced an open call for qualified individuals to apply to the Strengthen Colorado Homes Enterprise Board created by SB26-155, signed into law by Governor Polis last…
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Consumer Financial Protection Bureau, the Federal Housing Finance Agency, the Commodity Futures Trading Commission, the Securities and Exchange Commission, and the…
Gregory& Appel Insurance, a fiercely independent insurance and risk management advisor, announced that Matt Heincker has joined the organization as Employee Benefits Practice Leader. Heincker brings nearly 20 years of experience in employee benefits brokerage and leadership roles throughout Central Indiana. “Matt brings the combination of strategic…
Fifteen Connecticut- headquartered companies made the 2026 Fortune 500 ranking of the largest U.S. corporations, which was released this week– the third-straight year that all of those companies representing the Nutmeg State have made the list. Bloomfield- headquartered health insurer and pharmacy-benefit manager The Cigna Group again led the…
The average long-term U.S. mortgage rate ticked up this week to just below its high for the year, the latest sign that borrowing costs on home loans remain elevated relative to where they were before the war with Iran started. They generally follow the trajectory of the 10- year Treasury yield, which lenders use as a guide to pricing home loans.
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to SAIC Motor Insurance Limited. Incorporated in 2025 in Hong Kong, SAIC Captive is a single-parent captive of SAIC Motor Corporation Limited, the largest state-owned motor manufacturer in China. SAIC Motor is majority owned by Shanghai Automotive Industry Co., Ltd.,…
Scott McCarthy wasn't supposed to be at United Bank on the day of his murder. He and Wilson arrived at the downtown Cash Register building at 6 a.m., joining two weekend guards: 41- year-old Phillip Mankoff, a father of four who worked for Child Support Services, and 33- year-old William McCullom, who worked in computer operations at an insurance company.
CNW CurrenSees Exploring the policies, markets and global events influencing currencies and the movement of money worldwide June 11, 2026 – via CurrencyNewsWire — The Federal Reserve announced that results from its annual stress test of 32 large U.S. banks will be released on June 24. The exercise assesses whether major lenders hold sufficient capital to absorb losses and continue lending during […]
Shares of Globe Life Inc. (NYSE: GL) traded at a new 52-week high today and are currently trading at $164.64. So far today, approximately 38,719 shares have been exchanged, as compared to an average 30-day volume of 569.68k shares. Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households […]
Insurers specializing in the legal professional liability sector have experienced considerable growth in policyholders’ surplus over the past five years, but premium levels have remained relatively stagnant during that timeframe, according to a new AM Best report. The Best’ s Market Segment Report, titled“ Specialty Legal Professional Liability Insurers…
Now that we're into hurricane season, which runs from June 1 to Nov. 30, it's important to know what to do during and after the storm. As I said in a previous column, preparation is the key. Make sure you have adequate homeowners' insurance and a flood insurance policy.
INDIANAPOLIS– Indiana hospitals are reporting a double-digit increase in the percentage of emergency department visits since the start of 2025— a rate that is expected to climb as more Hoosiers go without health insurance or opt for high-deductible plans to offset surging premiums. Another 400,000 Hoosiers are no longer covered by Medicaid since the…
The court officials overseeing the NFL's $1 billion- plus settlement fund for concussion-related injuries have barred five law firms from handling any more claims from former players, after finding that they fraudulently steered clients toward doctors willing to give them a Parkinson's disease diagnosis whether they exhibited symptoms or not.
—The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the Iran war as policymakers around the world including new U.S. Oil prices have risen sharply due to Iran choking off the flow of crude oil through the Strait of Hormuz, the sea passage for a fifth of the world’ s oil and fuel products during normal times.
But as Newsom and leaders of the Assembly and Senate hash out their final budget agreement, the tax increase with the most momentum in those negotiating rooms is one that is likely to fall largely on everyday Californians in the form of increased costs for private health insurance monthly premiums. The money raised is not set to go into the state’ s Medi-Cal…
In May 2026, the Centers for Medicare and Medicaid Services announced a six-month nationwide moratoria on the enrollment of new Medicare hospice and home health agency providers. In early 2026, CMS used multiple procedures simultaneously to address potential fraud in Minnesota, including deferring $350 million in federal Medicaid funding for past…
The following information was released by the Henry J. Kaiser Family Foundation:. Among the 98.8 million women ages 19 to 64 residing in the U.S., most had some form of coverage in 2024. This factsheet reviews major sources of coverage for women residing in the U.S. in 2024, discusses the impact of the ACA on women's coverage, and the coverage challenges that many…
