The California health care program that covers almost 15 million people is costing more money than Gov. Roughly 1.6 million immigrants without legal status are enrolled in Medi-Cal, according to state data. The state's Medi-Cal expansion for undocumented immigrants costs about $8.5 billion from the state general fund annually, according to a recent budget…
Newswires
Flooding in Rock Valley in June 2024. Southeast Iowa Union offers audio versions of articles using Instaread. When your community participates in the National Flood Insurance Program, all property owners are eligible to purchase federally backed flood insurance whether or not their property is located within a Special Flood Hazard Area.
Democrats' efforts to close the gap between the right to end a pregnancy in Colorado and the cost of the procedure by letting health insurance safety net programs pay for abortions is expected to save the state money, according to an analysis by nonpartisan legislative staff. The Medicaid and Child Health Plan Plus abortion coverage would be offered starting…
Florida lawmakers peppered the state's sitting and former insurance commissioners for three hours on Friday to demand answers about why they didn't bring immediate attention to a 2022 report detailing money transfers from Florida insurers to out-of-state affiliates. At the time, Florida property insurers were pleading for legislative reforms because…
*Bond investors are preparing for a potential U.S. economic slowdown, adjusting portfolios in anticipation of the Federal Reserve maintaining current interest rates.
U.S. consumer sentiment plunged to a 29- month low in March, with the University of Michigan's index dropping to 57.9 from 64.7 in February, amid concerns over President Trump's tariffs and rising inflation expectations. The Federal Reserve is anticipated to maintain current interest rates in its upcoming meeting, with potential rate cuts expected later in…
WASHINGTON- When Federal Reserve officials last met in late January, things looked pretty good: Hiring was solid. As the Fed prepares to meet Tuesday and Wednesday, the central bank and its chair, Jerome Powell, are potentially headed to a much tougher spot. It is what bedeviled the United States in the 1970 s, when even deep recessions didn't kill inflation.
Investors are growing increasingly concerned that President Donald Trump's tariff policies and federal layoffs could spark a U.S. recession. Officials on the Federal Open Market Committee are set to discuss at their March 18-19 rate-setting meeting what more can be done— if anything— to control inflation and rescue a slowing economy within an increasingly…
Lara's conditions are that State Farm, the state's biggest provider of homeowners insurance, commit to pause canceling and not renewing policies through the end of this year. He also is asking that its parent company, State Farm Mutual, give or loan the California entity, State Farm General, $500 million to help boost its finances. In addition, State Farm must prove…
Advocates say a major storm is brewing that could overwhelm the state’ s child foster care system. The problem is legal liability insurance, or, more specifically, the lack thereof. Insurance companies, advocates and providers say, are not taking on new private foster care agencies as clients and some agencies are being notified that they’ re losing their…
Proxy Statement Pursuant to Section 14 of the Securities. M ADD 4 ADD 5 M ADD 6 Annual Shareholder Meeting Notice 1234 5678 9012 345 Important Notice regarding the Availability of Proxy Materials for the First Mid Bancshares, Inc. Annual Shareholder Meeting to be Held-In-Person on April 30, 2025 at 4:00 p.m. CT. Under Securities and Exchange Commission rules,…
Like a sea monster that emerges every so often to stir up the populace, so too does the never-ending battle in Florida between the insurance industry and plaintiffs attorneys. Three years after insurers persuaded legislators to end "one-way attorneys fees" that they claimed pushed the industry to the brink of bankruptcy, the 2025 Florida Legislative session…
Florida lawmakers peppered the state's sitting and former insurance commissioners for three hours on Friday to demand answers about why they didn't bring immediate attention to a 2022 report detailing money transfers from Florida insurers to out-of-state affiliates. At the time, Florida property insurers were pleading for legislative reforms because…
Florida House members Friday began digging into questions about property-insurance companies sending money to affiliated firms and shareholders while arguing the industry was losing money. During a three-hour hearing, the House Insurance& Banking Subcommittee grilled state Insurance Commissioner Michael Yaworsky and former Commissioner David…
New York Life, America’ s largest 1 mutual life insurer, today announced record financial results for 2024 that underscore the company’ s unsurpassed financial strength. The company also posted record results of $33.3 billion in surplus, $3.5 billion in operating earnings, $17.6 billion in policy owner benefits and dividends paid, and $1.2 trillion in…
The Federal Reserve is meeting this week amid concerns about persistent inflation and the Trump administration's trade wars. "The Federal Reserve is going to stay firmly planted on the sidelines with regard to interest rates. The White House argues consumers should feel good about where the U.S. economy is headed under new leadership.
Berkshire Hathaway Specialty Insurance today announced that Theresa Biedermann has been promoted to Head of Executive& Professional Lines Claims in the U.S. She was previously Head of Commercial D&O& Financial Institutions Claims in the U.S.. Berkshire Hathaway Specialty Insurance provides commercial property, casualty, healthcare professional…
As we celebrate Sunshine Week, the recent investigative work by the Tampa Bay Times and Miami Herald on Florida's property insurance industry stands as a powerful reminder of how a free press can expose wrongdoing and spark real change. Perez directed the House Insurance and Banking Committee to examine claims raised in the Times/ Herald report, which…
Total Expert, the FinServ leader in consumer engagement software, and The Baldwin Group, a leading insurance brokerage firm, are joining forces to showcase compliant marketing automation solutions at the 2025 Medicarians Conference. Through this collaboration, Total Expert and The Baldwin Group will provide Medicare agents with tools to create…
