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FEDERAL RESERVE BOARD ANNOUNCES TERMINATION OF ENFORCEMENT ACTIONS WITH UBS GROUP AG, CREDIT SUISSE AG, CREDIT SUISSE HOLDINGS (USA), INC., AND CREDIT SUISSE AG, NEW YORK BRANCH

May 16, 2026

The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Friday announced the termination of the enforcement actions listed below:. UBS Group AG, Zurich, Switzerland, Credit Suisse AG, Zurich Switzerland, Credit Suisse Holdings, Inc., New York, New York and Credit Suisse AG, New York Branch, New York, New York.

FEDERAL RESERVE BOARD ANNOUNCES APPROVAL OF APPLICATION BY THE STEPHEN M. CALK 2025 TRUST

May 16, 2026

The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Friday announced its approval of the application by the Stephen M. Calk 2025 Trust, of Houston, Texas, to become a savings and loan holding company by acquiring National Bancorp Holdings, Inc., and thereby indirectly acquiring The Federal Savings Bank, both of…

FEDERAL RESERVE BOARD ANNOUNCES IT DOES NOT OBJECT TO THE CONVERSION OF UNITED TEXAS BANK, OF DALLAS, TEXAS, FROM A BANK SUPERVISED BY THE FEDERAL RESERVE TO A NATIONAL BANK SUPERVISED BY THE OFFICE OF THE COMPTROLLER OF THE CURRENCY

May 16, 2026

The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Friday announced that it did not object to the conversion of United Texas Bank, of Dallas, Texas, from a bank supervised by the Federal Reserve to a national bank supervised by the Office of the Comptroller of the Currency. As required by law, the OCC submitted a…

2025 Insurance Abstracts

May 16, 2026

STATE OF NORTH DAKOTA OFFICE OF THE COMMISSIONER OF INSURANCE I, Jon Godfread, Commissioner of Insurance of the State of North Dakota, do hereby certify that the foregoing is a true Abstract of Statement, as officially filed by the Company in this office. JON GODFREAD Commissioner of Insurance STATE OF NORTH DAKOTA OFFICE OF THE COMMISSIONER OF INSURANCE…

GLP-1 Drug Costs Cited as Heights Schools Hike Taxes and Cut Staff

May 16, 2026

Confronting rising health insurance costs and relatively low state aid, the Haddon Heights Board of Education on Tuesday approved a 2026-27 school budget that raises taxes, eliminates staff positions, and signals deeper cuts could follow. The $33.1 million spending plan relies on a local school tax levy of $17.4 million, a 6.93 percent increase, alongside…

Pay or Die: The scare tactics behind LA County’s Measure ER tax increase

May 16, 2026

Measure ER in Los Angeles County is a one-half percent sales tax increase to pay the cost of providing full health insurance to illegal immigrants. It was placed on the ballot by a 4-1 vote of the Board of Supervisors, with only Kathryn Barger in opposition. Proponents, led by Supervisor Holly Mitchell, insist that this tax increase is necessary because of federal…

Fitch Ratings revises EquiTrust’s outlook to Negative

May 16, 2026

Fitch Ratings has affirmed EquiTrust Life Insurance Co.’s Insurer Financial Strength (IFS) rating at ‘A-‘. The Rating Outlook has been…

Warsh has big plans for the Fed

May 16, 2026

WASHINGTON— Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.7 trillion portfolio, Kevin Warsh is returning as the U.S. central bank's leader with a big reform agenda that may be tough to translate into quick changes. Trump clashed repeatedly with Powell, initially demanding…

Smart Ways Homeowners Are Managing Higher Costs in the Current Housing Market

May 16, 2026

Across the United States, homeowners are facing higher costs tied to housing, utilities, insurance, maintenance, and borrowing. Mortgage rates remain elevated compared with the historic lows seen in 2020 and 2021, while property taxes, repair costs, and homeowners insurance premiums have also increased in many regions. Rising prices for construction…

Column: N.C.’s Medicaid ‘compromise’ comes at a cruel cost

May 16, 2026

It's understandable that North Carolina Gov. Josh Stein decided to host a signing ceremony last week that featured a smattering of legislative Republicans when he approved new "compromise" legislation to extend funding for the state's Medicaid health insurance program. After having enjoyed precious few policy wins and endured 16 months of relentless and…

Lawmakers eye 'Big Oil' as property insurance rises

May 16, 2026

Desperate to get a handle on rising property insurance costs driven by natural disasters, some state lawmakers are opening up a new line of attack in the effort to force oil companies to bear the cost of climate change effects. In three states, Democratic lawmakers introduced bills this session that would allow insurance companies or state attorneys general…

Warsh's big plans for the Fed may take some time

May 16, 2026

WASHINGTON— Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.7 trillion portfolio, Kevin Warsh is returning as the U.S. central bank's leader with a big reform agenda that may be tough to translate into quick changes. Trump clashed repeatedly with Powell, initially demanding…

Idaho farmers can band together to buy cheaper health insurance through Farm Bureau deal

May 16, 2026

That's common among members of the Idaho Farm Bureau Federation, an association that serves over 10,000 Idaho farmers, said Barrie, who serves as the organization's vice president. The plan lets Idaho farmers who are part of the Idaho Farm Bureau Federation to band together to buy cheaper health insurance by acting as one association of businesses, rather than…

Medicare changes go beyond premiums to drugs, telehealth

May 16, 2026

If you’ reamongthe roughly 70 million peoplewhoget health coverage throughMedicare, the federal insurance programfor people age 65 and older andsomeyounger people with disabilities, you’ re probably already aware ofsomeof the big changes to the system in 2026— changes that have hit budgets hard. This year’ s 9.7% jump in premiums forPartB, which covers…

Warsh has big plans for the Fed Warsh has big plans for the Fed, but results may take time

May 16, 2026

WASHINGTON- Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.7 trillion portfolio, Kevin Warsh is returning as the U.S. central bank's leader with a big reform agenda that may be tough to translate into quick changes. Trump clashed repeatedly with Powell, initially demanding…

IT'S TOO LATE FOR JEROME POWELL, AMERICA NEEDS KEVIN WARSHSEN RICK SCOTT

May 16, 2026

The following information was released by Florida Senator Rick Scott:. Jerome Powells legacy as Chair of the Federal Reserve will be exactly as President Trumpdescribes: too late. He failed at every level to deliver one of the central banks key metrics: stable prices.

HHS NOTICE OF BENEFIT AND PAYMENT PARAMETERS FOR 2027 FINAL RULE

May 16, 2026

The following information was released by the Centers for Medicare& Medicaid Services:. Today, the U.S. Department of Health and Human Services, through the Centers for Medicare and Medicaid Services, issued the "HHS Notice of Benefit and Payment Parameters for 2027; Basic Health Program" final rule that sets standards for the Health Insurance Exchanges, as well…

Reports Outline Clinical Trial Research Study Results from Imperial College London (Multimorbidity, health service use, and health insurance by socioeconomic groups in 31 countries: A multi-cohort study): Clinical Trial Research

May 15, 2026

2026 MAY 15– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in Clinical Trial Research. Financial support for this research came from Major Program of National Fund of Philosophy and Social Science of China. Our news journalists obtained a quote from the research from Imperial College London,“ This study aims to…

Findings from Brown University School of Public Health Broaden Understanding of Managed Care (Federal Enforcement Actions Against Medicare Advantage Plans): Managed Care

May 15, 2026

2026 MAY 15– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Managed Care have been published. According to news reporting originating in Providence, Rhode Island, by NewsRx journalists, research stated,“ Enrollment in Medicare Advantage plans continues to increase, now covering more than half of Medicare beneficiaries…

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