Two years after raging floodwaters roiled much of southeastern San Diego, destroying scores of homes and sending thousands of people fleeing, the city has agreed to pay more than $6 million to insurance companies stuck paying property owners "claims. The settlement was approved in a closed session of the San Diego City Council late last year.
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The national median family income for 2025 was $104,200, according to the U.S. Department of Housing and Urban Development, and the median price of an existing home sold in December 2025 was $405,400, according to the National Association of Realtors. "With more housing inventory coming online and home prices starting to level off, this remains a promising…
–Kevin Hassett, director of the National Economic Council of the United States, said Wednesday that Federal Reserve researchers who found that President Donald Trump's tariffs hit Americans hardest should face discipline over the analysis. Federal Reserve Bank of New York's researchers Mary Amiti, Christopher Flanagan, Sebastian Heise and David…
WASHINGTON— Many Federal Reserve officials want to see inflation fall further before they would support more interest rate cuts this year, particularly if the job market continues to stabilize, minutes of last month's meeting show. The "vast majority" of the 19 participants on the Fed's rate-setting committee said that there were signs the job market has…
An insurer in the life and annuity business will layoff dozens of employees in Hartford, a third of the workforce it relocated less than three years ago to downtown "s iconic" Boat Building. Talcott Financial Group told state and city officials in a letter Tuesday that the layoffs of 101 employees in its Talcott Resolution Life, Inc. subsidiary will be permanent…
When evaluating the performance of their elected officials, many voters look up their positions on the issues Floridians care about most, and track politicians’ votes. This is Florida, so things can always get worse. For those premiums— which can top $10,000 for a relatively modest house in a coastal county— Floridians usually have less coverage and higher…
Why now is a good time to check the interest rates you're currently paying. "With all the talk about credit card rate caps, it's a good reminder for people to check the rates across their financial life," says Joon Um, a financial planner with Secure Tax& Accounting in Beverly Hills, Calif.. Since rates started drifting down with Federal Reserve cuts in 2025, borrowers…
A new state Senate bill aims to guarantee homeowners insurance protections for their wildfire-hardened homes. In the year before the Los Angeles area conflagration, California’ s property insurance crisis deepened with a series of catastrophic wildfires, and insurance companies responded by closing the door to new policies and canceling existing ones.
Illinois lawmakers are poised to make a second attempt at passing a bill that would give state regulators more authority to control the rising cost of homeowners insurance for individual property owners and for Condo and Homeowners Associations. JB Pritzker called for the legislation last summer after Bloomington- based State Farm Insurance announced it…
Senator Sasha Renee Perez introduced theInsurance Coverage for Fire-Safe Homes Act, SB 1076, to ensure homeowners who make their homes fire-safe can obtain and keep home insurance. Enrollment in the insurer of last resort, the FAIR Plan, hasdoubled in just two years as hundreds of thousands of homeowners across California havelost their original insurance…
With Kentuckians facing steep price hikes on everything from groceries to health insurance premiums, Kentucky Democratic Party Chair Colmon Elridge released the following statement urging GOP leaders to work with Democrats to pass any bill into law that will help make life easier for Kentucky families who are struggling with the rising cost of living:.
"Given the way Neptune appears to be positioning itself echoing Project 2025' s call for an end to NFIP Congress needs to understand the company's role in the market and examine its claims to provide affordable and reliable insurance." Washington, D.C. Today, U.S. Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee,…
Nigeria's external buffers strengthened further in February 2026 as its foreign reserves climbed sharply to $48.37 billion, highlighting sustained inflows and improved liquidity conditions in the economy. Latest data from the Central Bank of Nigeria show that gross external reserves rose from $45.90 billion recorded on January 13, 2026 to $48.37…
HAMMOND— A former Region doctor was sentenced to eight years in federal prison Wednesday for her role in an eight-year billing scheme that swindled patients and insurers out of more than $22 million. Bethany Cataldi, of Chesterton, was the owner of the Center for Otolaryngology and Facial Plastic Surgery in Highland before she was indicted for health care…
2026 FEB 18– By a News Reporter-Staff News Editor at Vaccine Daily– Investigators publish new report on Immunization- Vaccines. Financial supporters for this research include Society for Academic Emergency Medicine Foundation, Agency for Healthcare Research& Quality, National Institutes of Health- USA. Our news journalists obtained a quote from the…
2026 FEB 18– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Research findings on Artificial Intelligence are discussed in a new report. The news correspondents obtained a quote from the research from the George Washington University School of Medicine and Health Sciences,“ We review the legal framework of the HIPAA Privacy, Security, and…
Nevada Health Link, the state's insurance marketplace under the Affordable Care Act, saw 104,286 people sign up during the enrollment period ending Jan. 15, with 10 percent of those enrolled in a new public option known as Battle Born State Plans, according to a news release from the organization. Nevada's new public option was offered for the first time this year.
2026 FEB 18– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Nutritional and Metabolic Diseases and Conditions- Diabetes Mellitus have been published. According to news reporting out of Depok, Indonesia, by NewsRx editors, research stated,“ Indonesia’ s National Health Insurance introduced the Performance-Based…
2026 FEB 18– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Managed Care have been published. From 2012 to 2025, the mean overall reimbursement rate for plastic surgery procedures fell 34.2% from $373.21 to $245.65, with a 14.9% decrease in MP RVU* GPCI. Nevada and Wyoming had the most dramatic decreases in reimbursement…
