–A 14- state coalition of attorneys general has sent Chubb Insurance a letter alleging the company may be violating Iowa consumer protection law by letting climate advocacy influence its agricultural underwriting decisions. The letter, led by Iowa Attorney General Brenna Bird, alleges that Chubb develops underwriting policy in partnership with the…
Newswires
-The U.S. Supreme Court, in a 5-4 decision on Monday, prevented President Donald Trump from firing Lisa Cook, a member of the Federal Reserve's Board of Governors. Trump accused Cook of committing mortgage fraud before she joined the Federal Reserve. Chief Justice John Roberts said Trump's attempt to fire Cook would go against legal statutes designed to protect…
WASHINGTON— The U.S. Supreme Court refused on Monday to let Donald Trump fire Federal Reserve Governor Lisa Cook as it stood firm to preserve the central bank's cherished independence against an unprecedented challenge by the Republican president. The court, in a 5-4 ruling, blocked Trump's bid to become the first president to remove a Fed official since…
President Donald Trump has won and lost some as the Supreme Court wraps its final week of a term focused on executive power. The justices said Monday that Trump can fire leaders of independent agencies with one exception, ruling that central banker Lisa Cook can keep her job at the Federal Reserve for now. And it turned away Trump defender Alan Dershowitz’ s effort…
—The Supreme Court on Monday dramatically expanded presidential power, upholding President Donald Trump’ s firings of the heads of independent federal agencies with one important exception: the Federal Reserve. The justices allowed Fed governor Lisa Cook to stay in her job while she fights the Republican president’ s effort to fire her over allegations of…
The U.S. Supreme Court, in a 5-4 decision on Monday, prevented President Donald Trump from firing Lisa Cook, a member of the Federal Reserve’ s Board of Governors. Trump accused Cook of committing mortgage fraud before she joined the Federal Reserve. Chief Justice John Roberts said Trump's attempt to fire Cook would go against legal statutes designed to protect…
Jackson National Life Insurance Company, the main operating subsidiary of Jackson Financial Inc. 1, has been named the 2026 Annuities Provider of the Year by InvestmentNews. “Jackson is honored to be recognized by InvestmentNews for our commitment to supporting financial professionals and their clients with the goal of helping them achieve financial…
Corebridge Financial today announced enhancements to its Max Accumulator+ III index universal life insurance product, including new index strategies, as well as changes designed to improve cash value outcomes. Corebridge Financial research highlights the financial concerns many Americans report, including healthcare and long-term care costs as well…
Navigating your health insurance can get complicated fast once you move beyond deductibles and co-pays. Prior authorization, a utilization-management tool, is one of those complications. It was originally created to help insurance providers deal with high-cost, high-risk or unusual healthcare services.
Michael Steinke has joined Alliant Insurance Services as Vice President within its Employee Benefits Group in Tampa, Florida. “Michael brings a high-value, client-focused approach to delivering solutions for clients across a breadth of disciplines,” said Kevin Overbey, President, Alliant Employee Benefits.“ His ability to navigate evolving business…
For the past quarter-century, the Federal Reserve has preferred one price measure for consumer spending, that big segment of the economy the Fed considers in its efforts to promote its two congressionally mandated economic goals of stable prices and maximum employment. The Fed uses the personal consumption expenditures price index, produced monthly by the…
The following information was released by Tennessee Senator Bill Hagerty:. WASHINGTON On Tuesday, United States Senator Bill Hagerty, a member of the Senate Banking Committee, sent a letter to Vice Chairman for Supervision of the Federal Reserve Board of Governors Michelle Bowman, Comptroller of Currency Jonathan Gould, Chairman of the Federal Deposit…
We commonly hear the United States is $39 trillion in debt. But, if we want Social Security and Medicare Part A benefits to continue as is indefinitely, we’ re $103 trillion in the hole, according to the latest trustee reports from the Social Security Old-Age, Survivors and Disability Insurance and Medicare programs. That’ s nearly $300,000 for each U.S. taxpayer.
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…
The Harlan City Council gave its first reading of the budget for the 2026-2027 fiscal year during their meeting on June 25 and followed with the second reading on Monday. While health insurance premiums have also seen a stark increase, Mayor Joe Meadors made it clear that the city would be the ones footing the bill. According to Meadors, the increased price of…
Noah Cross, the archvillain of the movie " Chinatown," had the definitive line on how old age brings respectability. I wouldn't necessarily slot former Federal Reserve Chairman Alan Greenspan into any of those categories, but the general reaction to his death Monday at age 100 puts the lie to Cross' observation. The headline on the Wall Street Journal's main take on…
-Companies operating in the nation’ s most productive oil and gas region report business activity surged to a four-year high in the second quarter of 2026, though rising operational costs and regulatory burdens threaten long-term growth, according to the Dallas Federal Reserve Bank’ s most recent quarterly survey. The Dallas Fed’ s business activity index for…
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…
The Maryland Insurance Administration announced Friday that, for the second year, healthcare carriers are proposing high premium rate increases following the expiration of a popular federal tax credit that helped keep some plans on the state insurance marketplace more affordable. "The significant rate increases filed with the Maryland Insurance…
