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TODAY'S HEARING: HOSPITAL SYSTEMS' CONSOLIDATION AND OPAQUE BILLING PRACTICES DRIVING THE HEALTH CARE AFFORDABILITY CRISIS

April 28, 2026

The following information was released by the America's Health Insurance Plans:. As the House Ways and Means Committee convenes a hearing to examine the central role of hospital systems in the health care affordability crisis, health plans and other stakeholders continue to support common-sense policy solutions to rein in hospital systems'…

REYES EXAMINES IMPACT OF COMMUNITY REINVESTMENT ACT, WINS UNDERGRADUATE AWARD AT SAMFORD STUDENT RESEARCH COLLOQUIA

April 28, 2026

The following information was released by Samford University:. Samford University's Brock School of Business was well represented at the fifth annual Student Research Colloquia on Friday, April 24. Using data from the U.S. Census, Small Business Administration, Bureau of Labor Statistics and the Federal Reserve, Reyes employed a fixed-effects regression…

Marsh Risk unveils AI-powered Risk Companion suite of analytics to empower clients with faster, smarter risk management

April 28, 2026

Marsh Risk, a business of Marsh and the world’ s leading insurance broker and risk advisor, today announced the launch of Risk Companion, the next iteration of its digital solutions suite designed to help clients more effectively and efficiently manage their unique risks. “As risks have become more complex, interconnected, and volatile, clients around the world…

AI, Layoffs, and a New Wave of Employee Lawsuits Expose Small Businesses to Litigation Risks; Counterpart’s Agentic Insurance™ Platform Protects Them

April 28, 2026

Counterpart, the specialty insurance company built for the AI era, today announced the close of its $50 M Series C financing round led by Valor Equity Partners, with continued participation from existing investor Vy Capital. The round brings Counterpart’s total funding to $106 million. The U.S. Equal Employment Opportunity Commission fielded nearly 270,000…

National Life Group Appoints Matthew Frazee as Chief Financial Officer to Support Continued Organizational Growth

April 28, 2026

MONTPELIER, Vt.—- National Life Group recently announced the appointment of Matt Frazee as Chief Financial Officer of the organization. Matt Frazee, Chief Financial Officer of National Life Group. Frazee joined National Life Group in 2011 as Vice President and Controller.

GEORGIA MEN PLEAD GUILTY TO NEARLY $20 MILLION FRAUD AND IDENTITY THEFT SCHEME THAT TARGETED PROFESSIONAL ATHLETES

April 28, 2026

"Using fake documents, bogus corporations, wigs, and makeup, Davis and Evins convinced lenders they were NFL players, obtained millions of dollars in fraudulent loans, and used the proceeds of their crimes to purchase real estate and luxury items," said U.S. Attorney Theodore S. Hertzberg. "Davis and Evins built an elaborate scheme on deceptionimpersonating…

Protective to Acquire Obsidian from Genstar Capital, Expanding into Specialty Property & Casualty Insurance

April 28, 2026

Protective Life Corporation, a U.S. subsidiary of Daiichi Life Group, Inc., announced today that its principal subsidiary, Protective Life Insurance Company, has entered into an agreement with Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, software, industrials and healthcare…

InspereX Partners with AuguStar Retirement for Strategic Expansion into Annuity Market

April 28, 2026

InspereX, the tech-driven distributor of fixed income, structured products, exchange-traded funds, and alternative investments, today announced a strategic expansion into the annuity marketplace through a new partnership with AuguStar ® Retirement, a Constellation company. “We’ re thrilled to partner with AuguStar to bring new solutions to financial…

Former chief justice battles State Farm as Supreme Court weighs insurance giant’s case

April 28, 2026

State Farm, a bad faith insurance case that has come to represent upwards of 1,000 similar cases involving hail damage to Oklahoma roofs. As Oklahoma's sitting justices weighed arguments and posed questions to attorneys about whether Drummond should be permitted to exercise heightened subpoena powers to access critical State Farm documents, one of the…

Pending cuts to Georgia Medicaid payments could affect children who need therapy

April 28, 2026

But two of the three contractors who manage Medicaid for Georgia sent letters to therapists recently to alert them to pending 20% reductions. The cuts would reduce rates to what therapists were being paid a decade ago, said Ben Braxley, president of the Georgia chapter of the American Physical Therapy Association. CareSource, one of the managed care companies,…

Sterling Seacrest Pritchard announces promotions

April 28, 2026

Sterling Seacrest Pritchard announces promotions. Cumberland-based Sterling Seacrest Pritchard, one of the nation's top 100 commercial insurance brokers, announced the promotion of three new client advisors— Daniel Ravitz, Caleb Wilson and Jackson Wood. He serves on the YRP Atlanta Board, the Make-a-Wish Georgia Young Professionals Board and supports…

Everyday Economics: Housing sets the stage, but the Fed, PCE are the main event

April 28, 2026

This week begins with housing, but the real macro story comes later: the Federal Reserve chair's press conference and the Personal Consumption Expenditures inflation report.The Case-Shiller home price index will likely confirm what Zillow's data already showed: home-price growth has cooled. Because Case-Shiller is lagged by almost two months, it should…

Amy Miller Joins Alliant Insurance Services’ Texas Employee Benefits Team

April 28, 2026

Amy Miller has joined Alliant Insurance Services as Assistant Vice President within its Employee Benefits Group. She earned a bachelor’ s degree from Texas State University. Alliant Insurance Services stands among the nation’ s top insurance brokers and consultants, providing risk management, insurance, employee benefits, underwriting, and consumer…

Proposed California Home Insurance Reform Bills Advance in State Senate | Insurify

April 28, 2026

California homeowners struggling with delayed insurance claim payments, underpayments, and non-renewals could see some relief if a trio of bills moving through the state senate become law. All three bills are with the Senate Appropriations Committee, after passing Insurance Committee review. The average annual cost of home insurance in California was…

Closing the Gig Gap: The Push for Specialized Insurance in the App-Based Economy | Insurify

April 28, 2026

"More than half the US workforce is expected to be freelancing or contracting by 2027," says Brennan Kolar, senior financial analyst and founder of Atlas CPA Index, in Washington, D.C. "Most of them right now are either working without insurance or paying for annual policies built for full-time businesses." An estimated 35% of U.S. gig workers lack health insurance,…

Moody’s Downgrade Risk Rises

April 28, 2026

Mauritius was downgraded by Moody’s in July 2022 to Baa3, only one notch above sub-investment grade, but with a stable outlook. Moody’s further projected that the government deficit would decline to 4.5% in 2026/ 27, with government debt stabilizing at around 82% of GDP at June 2026 and June 2027. The fiscal deficit for 2025-26 is unlikely to fall below 7% of GDP,…

Watercress Financial Announces $550 Million Forward Flow Partnership with 26North to Expand Home Improvement Financing and Flexible Payment Options

April 28, 2026

Watercress Financial, a leading provider of home improvement financing solutions, today announced a $550 million forward flow partnership with multi-asset-class investment firm 26 North Partners LP, which will purchase loans originated through Watercress Financial’s national contractor network. As demand for home improvement payment plans grows,…

FROM THREADS TO STRENGTH: WHY ADVOCACY AND ASSOCIATION MEMBERSHIP MATTER MORE THAN EVER

April 28, 2026

The following information was released by the National Association of Insurance and Financial Advisors:. By NAIFA on 4/ 27/ 26 6:16 PM. In a panel featuring NAIFA CEO Kevin Mayeux, CAE Nicole LePetri of NABIP, and Ronnell Nolan of Health Agents for America, the conversation centered on the critical role associations play in protecting agents, advancing the…

REED STATEMENT ON TRUMP ADMIN PAUSING BOGUS PROBE INTO FED CHAIR POWELL

April 28, 2026

Today, the Trump Justice Department announced it is' closing' its highly-politicized probe into Federal Reserve Chairman Jerome Powell, one of several dubious investigations undertaken by the Justice Department into President Donald Trump's perceived adversaries. U.S. Senator Jack Reed, a member of the Senate Banking, Housing, and Urban Affairs Committee,…

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