A group of several businesses and organizations filed a lawsuit Monday challenging the new Iowa law putting regulations in place for pharmacy benefit managers, the companies negotiating prescription drug prices between drug manufacturers, pharmacies and health insurance companies. The lawsuit against the Iowa Insurance Commissioner was brought by…
Newswires
SAC Health, an FQHC teaching health center in San Bernardino, welcomed patients on its first day of providing clinical care at the new SAC Health Brier Campus. SAN BERNARDINO, Calif., June 27, 2025/ PRNewswire-PRWeb/– SAC Health, a health center that serves Medi-Cal and Medicare patients, opened its doors to welcome its first group of patients to its newest medical…
2025 JUN 27– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– Mr. Hayden Smith, United Risk’ s Regional CEO with responsibility for operations in Asia and Australia, has announced that United Risk has completed the acquisition of Pinnacle Underwriting Pty Ltd., along with its affiliate Pinnacle Holdings Group Pty Ltd..
A California judge has ruled the state's bare-bones home insurance program's handling of smoke damage claims is unlawful, a decision that could have wide-ranging implications as insurers increasingly deal with the aftermath of wildfires. The decision Tuesday by Los Angeles Superior Court Judge Stuart M. Rice is a victory for homeowners in a state where the…
CAMICO, the nation’ s largest CPA-directed program of insurance and risk management for the accounting profession, announced that retired, former president and Chief Executive Officer of CAMICO, Ric Rosario, CPA, CGMA, was named chairman of the company’ s board of directors on June 17 during its annual meeting. Founded in 1986, CAMICO is endorsed by state CPA…
A woman increased her stepdad’ s life insurance policy to $750,000, then 16 days later had her boyfriend kill him, Florida authorities said. A jury convicted 48- year-old Perry Stanley of first-degree murder and possession of a firearm by a convicted felon, the State Attorney’ s Office for the Seventh Judicial Circuit announced June 26. His girlfriend at the time,…
It would be a major blow to the CFPB, which was created after the 2008 financial crisis to police potential bad actors in the financial services industry, and it would be a win for the GOP, who have largely wanted to make the CFPB go away since its creation. The CFPB is funded through the Federal Reserve, not the Congressional appropriations process.
But one thing is clear: This bill could affect Alaska's health care system drastically— and in ways that aren't fully understood. The primary impact in Alaska would fall on working-age adults in the Medicaid expansion population— people who often live paycheck to paycheck and have no other health insurance options. A proposed rural hospital fund is in the works,…
People who have yet to associate the word' insurance' with adjectives like' friendly',' helpful' and' fun' have not met Farmers Agent, Lisa Beamer. Beamer, who won the Worland-Ten Sleep Chamber of Commerce Small Business of the Year award in 2025, has been serving the Worland community as an insurance agent for a decade and is passionate about what she does.
Star Vantage is a recently formed Mississippi domestic reciprocal property and casualty insurance which writes personal lines and commercial lines business on an admitted basis in Mississippi and on a surplus lines basis in other states. Apex Star is a new Florida domestic reciprocal property and casualty insurance company which also writes personal…
The trust fund behind many Americans' monthly Social Security benefits could be depleted in the next decade, leading to cuts in benefits of up to 23%. A: A six-member board made up of the Treasury, Labor and Health and Human Services secretaries and Social Security's commissioner. A: Old-Age, Survivors and Disability Insurance is a larger part of Social Security…
They and a third suspect, Gurtej Singh, have been accused of burning a Butte County farmhouse they shared ownership of and defrauding the company that insured the property, allegedly profiting about $200,000 in what prosecutors have called a“ conspiracy ring.”. All three suspects first appeared Monday in Butte Superior Court, where each of their bail amounts…
Republicans in Congress have dropped the mantra to "repeal and replace" Obamacare that they repeated so often during President Donald Trump's first term. The Congressional Budget Office projects that eliminating this for the ACA would result in 700,000 people becoming uninsured by 2034.. This is in addition to the 4 million who are expected to lose coverage…
Battle lines are being drawn in Washington over whether to reduce spending on Medicaid and the Children's Health Insurance Program. From Fiscal Year 2019 to FY 2024, federal spending on these programs surged from $409 billion to $626 billion, representing a 53% increase. In addition, improper payments under Medicaid and CHIP were estimated at $32 billion in…
Doctor shortage is biggest issue facing New Mexico. In 2024, New Mexico became the only state in the nation to experience a decline in the number of physicians. New doctors and staff continue to bypass the state because of major road blocks: existing malpractice insurance rates and caps and the lack of multi-state health care compacts, making it easier for…
–Republicans' chances of passing the One Big Beautiful Bill Act by next week have narrowed considerably, with the Senate parliamentarian ruling out several Medicaid-changing provisions that held hundreds of billions in savings. The House- passed OBBBA, a multitrillion-dollar budget reconciliation bill fulfilling President Donald Trump's policy agenda,…
The Washington Post on the Big Beautiful Bill and Obamacare. Republicans in Congress have dropped the mantra to "repeal and replace" Obamacare that they repeated so often during President Donald Trump's first term. The Congressional Budget Office projects that eliminating this for the ACA would result in 700,000 people becoming uninsured by 2034..
Abortion-rights demonstrators holds a sign in front of the Supreme Court building in Washington as the Medina v. But the U.S. Supreme Court's conservative supermajority ruled on June 25, 2025, in a 6-3 decision that people who rely on Medicaid for their health insurance don't have that right. The case started with a predicament for South Carolina resident…
NEW YORK- The dollar hit a three-and-a-half-year low against the euro and sterling on Thursday in a broad selloff as traders priced in the likelihood that the Federal Reserve will cut rates more than previously expected. Fed Chair Jerome Powell was interpreted as being more dovish this week in testimony to U.S. Congress. "Powell kind of opened the door to…
