State officials are on track to shut down a program at the end of June that provides publicly funded health care coverage to more than 30,000 non- U.S. citizens in Illinois, including many who are in the country without legal authorization. A legislative oversight committee took no action May 13 on a set of administrative rules the Illinois Department of…
Newswires
RICHMOND— Virginia would face big bills and tough choices if the Congress adopts federal spending cuts GOP committees proposed this week that would shift the cost of food assistance to states, make it harder for people to get health care through Medicaid and cost them more to buy health insurance. A pair of Republican-controlled committees in the House of…
According to NerdWallet, "more than 6.4 million U.S. dogs and cats were covered by pet insurance in 2024," which was an increase of nearly 13 percent from 2023, per the North American Pet Health Insurance Association. However, Rhode Island Insurance Division's Chief of Consumer and Filing Services Beth Vollucci said, "whether a pet insurance policy reimburses a…
Mass General Brigham issued the following news release:. Mass General Brigham researchers found that more than 7% of patients with Medicare prescription drug coverage lost their plans and had to select another plan from a different insurer in 2025. "The reforms were designed to make Part D plans better for patients– including a $2000/ year out-of-pocket cap for…
Mason Capital Management LLC, a registered investment advisor to funds and accounts owning 2.4% of the minority shares of JBS S.A., today sent a letter to the United States Securities and Exchange Commission urging the SEC to initiate an inquiry into recent proxy advisory recommendations issued by Institutional Shareholder Services Inc. and Glass, Lewis&…
The California FAIR Plan Association, with the approval of state Insurance Commissioner Ricardo Lara, assessed its member carriers $1 billion on Feb. 11 when the plan was swamped with thousands of claims after the Jan. 7 fires in Pacific Palisades, Altadena and Sylmar. So far at least 10 home insurers and their affiliates have filed applications for surcharges,…
The plan— part of a revised state budget proposal that Newsom will unveil in full on Wednesday— calls for licensing pharmacy benefit managers through California's Department of Managed Health Care and requiring them to report their operational and financial details. California has long sought to more closely monitor pharmacy benefit managers, which serve…
Table of Contents As filed with the Securities and Exchange Commission on May 15, 2025. THE SECURITIES ACT OF 1933. 1271 Avenue of the Americas.
DES MOINES— Iowa Medicaid would no longer cover surgical procedures and hormone therapy related to treating Iowans with gender dysphoria under a Republican-backed bill on its way to Gov. The Iowa Senate on Wednesday passed House File 1049, a budget bill that appropriates $2.47 billion to the Iowa Department of Health and Human Services, including Iowa's…
THOMASTON— Stephen Lewis, President and CEO of Thomaston Savings Bank, has joined the Federal Reserve Bank of Boston's Community Depository Institutions Advisory Council. The CDIAC is comprised of 12 members located across Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. I look forward to contributing to this amazing council and…
Vince Micucci, Executive Vice President and National Director, Value-Based Healthcare Solutions& Risk Management at Alliant Insurance Services, has been named a 2025 Power Broker Rising Star by Risk& Insurance. Alliant Value-Based Healthcare and Risk Management Solutions unites actuaries, data scientists, clinicians, and risk management experts with a…
K2 OCONUS, the Defense Base Act Insurance MGA and division of K2 Insurance Services, announces today expanded business offerings with their new, flexible insurance solution, MissionGuard designed to support U.S. government and non-government contractors abroad. Defense Base Act Insurance Foreign Voluntary Workers’ Compensation Insurance Business…
One Inc, the leading digital payments network for the insurance industry, today announced that AAA Life Insurance Company has selected its PremiumPay ® solution to support the company’ s digital payment processing capabilities. “Efficient and seamless payment solutions are crucial for driving growth and improving the member experience,” said Ian Drysdale,…
–Buy the EUR/USD pair and set a take-profit at 1.1300.– Add a stop-loss at 1.1090.– Timeline: 1-2 days. This pullback happened amid the ongoing European Central Bank and Federal Reserve divergence. European GDP data and Jerome Powell statement.
State Farm can raise homeowner and other rates starting next month, becoming the first insurance company to win approval to do so on an emergency interim basis in California. The decision means State Farm can raise its rates an average 17% for homeowners, 15% for renters and condominiums and 38% for rental dwellings starting June 1. "Protecting all State Farm…
Republicans in Congress intend to cut about US $880 billion in federal health care spending. One of their primary targets is Medicaid. Medicaid, jointly funded by the federal government and the states, is also the biggest funder in the U.S. of long-term care services, whether they are delivered in the patient's home, another location where they spend part of their…
FINDLAY— A settlement agreement has been reached between the Liberty Mutual insurance company and former state Rep. Jon Cross, of Findlay, in a legal dispute that dates to October 2023. On Monday, Cross, and his wife, Christina, filed notice with the U.S. District Court, Toledo, that a settlement agreement had been reached and asked the court to adjourn all upcoming…
Corporate defendants Bene Market LLC and Seguro Medico LLC— doing business as Quick Health, Q Health, Benefits Now, Express Benefits and YourBenefits4U— operated a boiler room call center near Reading that peddled discount health and dental plans to consumers through a series of false, misleading and deceptive sales practices, David Metcalf, U.S. attorney for…
One bill is focused on home insurance policies and ensuring Montana homeowners know the source of wildfire risk scores that some insurance companies use to assess risks and liabilities when deciding whether to insure a property and for how much. An October 2024 Legislative Fiscal Division report found only 1.5% of land in Montana is in the WUI, but so are 63% of…
