DES MOINES— Iowa insurance companies expressed stern opposition Tuesday to state lawmakers' proposal for a one-time, short-term increase of a state tax on health insurance companies to generate $123 million in new state revenue to help cover the state's $1 billion budget shortfall. That would boost state revenues by $123.6 million in the next budget year,…
Newswires
Opening arguments began Wednesday morning in the blockbuster insurance fraud trial of two New Orleans personal injury lawyers accused of scheming for years to crash cars into big rigs and bilking insurance companies for huge payouts. The trial taking place at New Orleans' federal courthouse on Poydras Street, plus another slated for August, follow a…
TALLAHASSEE, Fla., March 04, 2026– During National Consumer Protection Week, the Personal Insurance Federation of Florida is highlighting signs of stability in Florida's property and auto insurance markets— as well as the journey from crisis to course correction— through its resource hub: PIFF.net/MarketPulse. "States across the country are watching Florida,"…
LOS ANGELES, March 04, 2026– The Schall Law Firm, a national litigation firm, announces that it is investigating claims on behalf of homeowner policyholders of State Farm, Travelers, and Progressive for breach of covenant of good faith and fair dealing and other potential claims. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century…
MCCRACKEN COUNTY— Farmers faced many challenges last year, including low commodity prices, high input costs and being stuck in the crossfire of a trade war. KFF Health News reports that more than 25% of farmers purchase health insurance through the individual marketplace. Daniel Edwards, a McCracken County row crop farmer, is part of that population and…
In the latest Healthcare Business Strategy report, Mark Farrah Associates, www.markfarrah.com, summarized key findings from the 2024 MLR report released by the Department of Health and Human Services. In 2024, rebates increased significantly to $1.64 billion, benefiting 8.6 million customers, equating to approximately $192 per beneficiary. For 2024,…
The following information was released by the Federal Reserve Board:. It's a pleasure to be with you this morning to open our discussion on the bank liquidity framework. Hal and his team have assembled a series of excellent panels that will further inform our approach as we consider adjusting this framework.
You might think it was exactly the kind of scenario you’ d buy travel insurance for in the first place. That’ s where the world found itself this week, as major conflict between the United States, Israel and Iran broke out in the Middle East. For the thousands of Australians currently stranded in or unable to travel through the Middle East, it’ s almost impossible to…
Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. 1, has won the“ Highest Customer Service– Financial Industry” award from Service Quality Measurement Group, Inc. for the 14 th year in a row for achieving the highest first-call resolution rating in the market in 2025. “Jackson and its deeply knowledgeable…
The Federal Reserve Bank of Cleveland issued the following news release:. Their expectations for revenue and employment growth declined to their lowest levels since 2020 but remain well above that low point, according to the 2026 Report on Employer Firms: Findings from the 2025 Small Business Credit Survey. *International trade: 48% of respondents said they…
TAMPA, Fla.— A Tampa man was sentenced to prison for wire fraud and attempting to export a stolen vehicle, the Department of Justice announced. Mohamad Fakih, 27, was sentenced to four and a half years in prison after conspiring with others to commit wire fraud by obtaining fraudulent loans from automotive financing companies and attempting to export a stolen car…
“Georgia is leading the nation in tackling affordability and driving down the cost of living for our neighbors- from energy and healthcare to housing and now insurance,” House Speaker Jon Burns, R- Newington, said in a statement after the insurance bills passed with commanding bipartisan majorities, one of them unanimously. This was one day after the House and…
Emily Rogan, senior program officer for United Policyholders, says underinsurance has been a problem in every disaster the nonprofit consumer advocacy group has worked on. In fact, researchers at the University of Colorado found these homeowners were underinsured by an average of $139,000. The study, "Coverage Neglect in Homeowners Insurance," analyzed…
As specialty crop producers plan for the 2026 growing season, University of Missouri Extension reminds growers that federal crop insurance application deadlines for the Whole-Farm Revenue Protection and Micro Farm programs are approaching, and planning now can be critical to managing risk throughout the year. Crop insurance can help manage those risks,…
As taxpayers prepare to file, Mercury Insurance highlights key insurance paperwork that may be needed— and often forgotten.LOS ANGELES, March 3, 2026/ PRNewswire/– The IRS processes more than 160 million individual tax returns each year, and millions of taxpayers request filing extensions. Mercury Insurance is encouraging homeowners and renters to review…
CHEYENNE, Wyo.—- Payward, a unified financial infrastructure platform powering Kraken, today announced that Kraken Financial, its Wyoming- chartered bank, has been granted a Federal Reserve master account. The decision marks a major milestone and underscores years of sustained regulatory engagement, operational rigor, and close coordination with U.S. and…
HARRISBURG— The Pennsylvania Insurance Department has announced the results of a market conduct exam on Aetna that found several violations by the health insurance company that negatively impacted policyholders. These exams hold insurance companies accountable and ensure Pennsylvania families receive the coverage they are promised.
DES MOINES— Iowa insurance companies expressed stern opposition Tuesday to state lawmakers' proposal for a one-time, short-term increase of a state tax on health insurance companies to generate $123 million in new state revenue to help cover the state's $1 billion budget shortfall. That would boost state revenues by $123.6 million in the next budget year,…
The following information was released by the Independent Insurance Agents and Brokers of America Inc.:. ALEXANDRIA, VA, March 3, 2026 Only 3 in 10 Americans review or shop for insurance each year, with many waiting until premiums increase, major life changes occur, or coverage issues arise. A new survey from the Independent Insurance Agents and Brokers of America…
