Corebridge Financial today announced the launch of Progressive Trigger, a first-of-its-kind index annuity interest-crediting strategy designed to help customers preserve future growth potential despite a down year. “Protection from market downturns has always been one of the defining benefits of index annuities,” said Bryan Pinsky, President of…
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A former public defender from western Iowa has been sentenced to five months in prison for defrauding Medicaid and cancer patients. In June, a federal grand jury in Nebraska charged Iowa- licensed attorney Cassi Wigington with healthcare fraud. She then sent bills for the undelivered devices to various insurers, including Medicaid, Blue Cross-Blue Shield,…
SARASOTA— Sarasota Memorial Health Care System has notified its patients with UnitedHeathcare Medicare Advantage plans that they may not have coverage for treatment rendered after Dec. 31. All of SMHCS' providers— its two hospitals, in Sarasota and Venice; its outpatient and urgent care centers; and all First Physicans Group practices— would be considered out…
Major insurers, like UnitedHealth, Centene and state Blue Cross plans, have shuttered plans that they viewed as unprofitable in certain markets, leaving some people with fewer choices of policies, and even more limited choices of doctors in 2027. In some rural counties from Oregon to New Hampshire, older Americans shopping for private Medicare Advantage plans…
The New Mexico Office of Superintendent of Insurance has approved 2027 health insurance premium rates for the small group health insurance market. The carriers offering small group coverage in New Mexico in 2027 are:. ·Blue Cross Blue Shield of New Mexico· Presbyterian Health Plan· Presbyterian Insur- ance Company· UnitedHealthcare of New Mexico·…
Imagine receiving a phone call reminding you about a doctor's appointment you never scheduled or seeing a charge for medical equipment you never received. Situations like these can be warning signs of fraud and reminders that healthcare resources must be protected. Behind every healthcare dollar is a real person seeking care, filling a prescription,…
A federal court jury in Manhattan on Wednesday found a Maryland man guilty of hacking a cryptocurrency exchange and stealing more than $50 million. Jonathan Spalletta, 36, of Rockville, was convicted on one count of computer fraud and one count of money laundering for hacking the Uranium Finance exchange twice in 2021, the Office of the U.S. Attorney for the…
WALLINGFORD– An East Granby man arrested in connection with a fraudulent check cashing scheme used an Ansonia bank, an international cryptocurrency website and a Chime account to launder and transfer illegally obtained money, according to the warrant for his arrest. During arraignment Wednesday at state Superior Court in Meriden, Collins, who is accused of…
Tom Barkin, president and CEO of the Federal Reserve Bank of Richmond, will serve as the featured speaker at the chamber's Power in Partnership breakfast on Oct. 15, at 7:30 a.m. at Trinity Oaks. He serves on the Federal Open Market Committee, the Federal Reserve's chief monetary policy body, and is also responsible for the Richmond Fed's bank supervision and the…
The Federal Emergency Management Agency is proposing changes to the Flood Insurance Rate Map in Howard County, which could mean some property owners will have to purchase flood insurance. Changes in the map stretch across the county, with residents who have a portion of their property in the new 100- year floodplain receiving a letter from Howard County.
CHEYENNE— The Health Insurance Affordability Task Force discussed models Tuesday that could reduce the cost of health insurance in Wyoming, in addition to unanimously agreeing that the task force should continue its work after next year’ s legislative session. The model presented by Wyoming Department of Health Deputy Director Franz Fuchs would be a major…
According to the Best’ s Market Segment Report,“ Market Segment Outlook: Indonesia Non-Life Insurance,” regulatory measures continue to strengthen the segment’ s financial resilience and risk management while specific steps aimed at managing medical inflation are expected to benefit the country’ s domestic health insurance sector. “We expect prospective…
2026 OCT 07– By a News Reporter-Staff News Editor at Hospital& Nursing Home Daily– Research findings on cancer are discussed in a new report. The news reporters obtained a quote from the research from University of Edinburgh:“ Medical nutrition therapy can translate nutrition screening into individualized dietary counseling, symptom-responsive support,…
Minneapolis- based Fairview Health Services is suing UnitedHealthcare, alleging the nation's largest health insurer is falsely advertising its 2027 Medicare Advantage plans by including Fairview hospitals and clinics in its network. The lawsuit, filed in federal court in Minnesota, comes after Fairview chose not to renew its contract with…
Clayton Iley, the former owner of Texas Legacy Insurance Group, recently pled guilty to federal wire fraud and identity theft, and was sentenced to more than 13 years in prison. The sentence was handed down Oct. 1 by U.S. "My office will not stand by and allow criminals to scam Americans out of their hard-earned money without consequence," said U.S.
Former Los Angeles Unified School District Superintendent Austin Beutner filed a lawsuit in Los Angeles County Superior Court against his insurance provider, alleging the company refused to cover full remediation for toxic contamination caused by the 2025 Palisades Fire, as reported by multiple news sources. Attorneys representing Beutner and his wife,…
Constitution is wholly owned by Steven Menzies, chief executive officer, and participates in a professional lines quota share reinsurance business from a commonly owned insurer, Texas Insurance Company, consolidated within the North American Casualty Group. Due to delays in regulatory approvals, premiums only started to flow in 2026. Constitution is…
The Securities and Exchange Commission moved for entry of a final judgment by consent against Stephen Kenneth Leech II, the former co-chief investment officer of registered investment adviser Western Asset Management Company LLC, whom the SEC previously charged with a multi-year cherry-picking allocation scheme. As alleged in the SEC's November 2024…
The following information was released by the Federation of American Hospitals:. The Federation of American Hospitals today announced that Paul Eiting has joined the organization as Vice President, Policy, where he will help lead FAH's advocacy on critical health coverage and payment issues affecting hospitals and the patients they serve.
