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…
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Federal Reserve Vice Chair for Supervision Michelle Bowman argues this was a result of federal policies and could be reversed by her proposed reforms to capital requirements. In 2013, the Federal Reserve adopted its initial "Basel III" framework, which imposed deduction caps that effectively limited the mortgage portfolios held by banks, and a 250%…
Medicare Advantage market penetration remains strong; however, the growth rate has slowed to a record low, of 2.4%; while Prescription Drug Plan enrollment soared to its highest growth rate level since 2013, according to a new analysis by Mark Farrah Associates, www.markfarrah.com. Over half, 51.8%, of people eligible for Medicare have decided on Medicare…
Investigators reviewed a random sample of 220 claims arising from the fires alongside complaints from State Farm policyholders. In its response to regulators, State Farm acknowledged a number of alleged violations, but characterized them as "unintentional oversights" and "file-specific errors" committed by its claim handlers. State Farm told regulators it…
As admitted insurance markets continue to narrow appetite for rural property, hobby farm, and equine-adjacent risks, Origin Specialty Underwriters Agency, LLC today announced the launch of Country Estate E&S, a non-admitted farmowners program underwritten by certain underwriters at Lloyd’ s and designed for hard-to-place country properties and…
Federal Reserve Vice Chair for Supervision Michelle Bowman argues this was a result of federal policies and could be reversed by her proposed reforms to capital requirements. In 2013, the Federal Reserve adopted its initial "Basel III" framework, which imposed deduction caps that effectively limited the mortgage portfolios held by banks, and a 250%…
I am a VA- accredited service officer with the Veterans of Foreign Wars in Liberty, Kentucky, and a retired Army combat medic. I help Veterans, widows, and families navigate the VA system, which can often feel confusing and overwhelming. As an accredited service officer, I assist with filing VA disability claims, helping surviving spouses apply for benefits,…
John Hoeven, R- N.D., center, speaks during a small business roundtable next to Rep. Julie Fedorchak, R- N.D., and Don Larson, state director of the National Federation of Independent Business North Dakota, at Balancing Goat Coffee Shop in Mandan on May 4, 2026. At Riverwood RV in Mandan, about six full-time employees get their health insurance covered by the business,…
Ashley Lefebvre has joined Alliant Insurance Services as Vice President within its Employee Benefits Group in Houston, Texas. “Ashley brings a strong combination of strategic insight and operational discipline to our team,” said Kevin Overbey, President, Alliant Employee Benefits.“ Her ability to drive performance, enhance service delivery, and build lasting…
COLUMBIA— South Carolinians' cost for replacing cracked or broken windshields could change with legislation advancing in the Statehouse. As long as they have comprehensive coverage, South Carolina drivers don't pay out of pocket for windshield replacements. Still, there is no "free" glass coverage in South Carolina.
A state Senate committee advanced a bill Thursday that would limit the fees hospitals can charge Medicaid for outpatient care. The proposal is a narrower version of a provision included in a sweeping bill the Senate passed last year aimed at reducing healthcare costs. The Senate initially wanted to curb facility fees for other kinds of insurance, in addition…
In a press release, State Auditor James Brown said his office has received numerous complaints against a company, Strategic Limited Partners, that is not licensed to issue insurance policies in the state. The most recent complaint came from a Montana resident who received a $90,000 hospital bill the company refused to cover. Another involved a Montana church…
The council voted to hire independent legal counsel during a special meeting Tuesday because its insurance carrier, Selective Insurance, is denying the borough coverage in the class action, borough Solicitor Eric Hochfeld said. After a series of recent correspondence with Selective Insurance, the company has denied providing the borough with legal…
Administrative issues in Washington are threatening better flood insurance premium discounts for Lake County property owners, and the county commission is asking its federal legislators for help. Administration of the National Flood Insurance Program's Community Rating System, or CRS, has been paused, just as Lake County is set to receive a rating upgrade…
The following information was released by the Federal Reserve Board:. It is a pleasure to join you for the annual Women in Housing and Finance Symposium.1 As a woman in finance, I appreciate this organization's focus on women in the industry. From ancient Greece to the Ponzi schemes of the 1920 s to the telemarketing scams of the 1990 s, fraud has always evolved…
The Superior Court of Troup County issued an Order appointing the Federal Deposit Insurance Corporation as Receiver of the Bank effective upon the Department taking possession of Community Bank and Trust. Through an agreement with the FDIC, certain assets and insured deposits of Community Bank and Trust will be acquired by Anchor Bank, Palm Beach Gardens,…
SACRAMENTO, Calif. The California Department of Insurance today announced a major enforcement action against State Farm General Insurance Company after an expedited investigation uncovered significant mishandling of insurance claims filed by survivors of the 2025 Los Angeles wildfires. State Farm policyholders filed approximately 11,300…
The following information was released by the Montana Commissioner of Securities and Insurance:. "My office has received numerous complaints against Strategic Limited Partners, which is not licensed to issue insurance policies in Montana. The Montana- based complaints are in addition to 136 complaints filed about the company with the Better Business…
The discussion organized by the North Dakota chapter of the National Federation of Independent Business focused on tax benefits for businesses through passage of the One Big Beautiful Bill Act. At Riverwood RV in Mandan, about six full-time employees get their health insurance covered by the business, said Jim Miller, owner/partner. Tricia Schlosser, a…
