The charges arise from Gauvin's roles in defrauding hundreds of investors in a web-based investment company called Gray Digital Capital Management Inc. and in a subsequent scheme to defraud a New York- based financial technology company to obtain credit from two banks insured by the Federal Deposit Insurance Corporation. Gauvin was arrested today in…
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Today, House Budget Committee Chairman Jodey Arrington released the following statement on the Federal Reserve's decision to lower interest rates:. "Let's not forget, the Federal Reserve had to raise interest rates an alarming eleven times during the Biden presidency to extinguish the inflationary firestorm created by Democrats' record deficit spending,…
Today, Congresswoman Lizzie Fletcher, Congressman Troy Carter, Congressman Clay Higgins, Congresswoman Julia Letlow, Congressman Mike Ezell, and Congressman Cleo Fields introduced the National Flood Insurance Program Automatic Extension Act to prevent the National Flood Insurance Program from lapsing during future federal government shutdowns.
Julia Letlow, Cleo Fields, Clay Higgins, Mike Ezell, and Lizzie Fletcher, introduced the National Flood Insurance Program Automatic Extension Act of 2025. The bill ensures that the National Flood Insurance Program automatically continues its core operations even if Congress misses a scheduled reauthorization deadline. No family should lose coverage…
Attorney General Anthony G. Brown joined a coalition of 20 states in sending a letter to congressional leadership urging the rejection of efforts tied to negotiations on extending Enhanced Premium Tax Credits under the Affordable Care Act. The tax credits, which help offset health insurance costs for millions of Americans, are scheduled to expire at the end…
As the calendar turns toward December, health insurance becomes one of the most time-sensitive issues facing Indiana families. Open Enrollment for the ACA Marketplace plans typically runs from November 1 through January 15. Navigators across Indiana say many families still misunderstand how Marketplace subsidies work.
Dear Toni: I am currently on COBRA with dental benefits. I will need dental insurance when I lose my COBRA benefits after enrolling in Medicare at 65 in March. The office manager of my cardiologist's office advised me not to go in the Medicare Advantage direction since Medicare Advantage plans are no longer accepted at his office beginning January 1, 2026.
Of all the topics 55- year-old Groves resident Theresa Hebert has discussed on her TikTok account@ foolish_mortal999 over the past five years, nothing has brought in new viewers like her recent anxiety over expected Affordable Care Act health insurance price hikes. Her plan is made somewhat affordable after receiving $250 a month in subsidies enacted under…
Allie Browning, the 28- year-old owner of downtown's Volume 2 Hair Studio and Barbershop, will see her monthly health insurance premium more than triple, from $85 to $285, for the same plan if federal healthcare subsidies remain unrestored. The marketplace enrollment is trending down, the Cabinet for Health and Family Services told the Daily News, as data has…
The Federal Reserve cut interest rates Wednesday by 0.25%, its third successive cut, as hiring woes overtake inflation fears as the central bank’ s main concern. It’ s still not aggressive enough for a White House that wants bold action from the central bank and a soon-to-be-named successor to Mr. Powell. Mr. Trump said even lower rates would jump-start the economy…
WASHINGTON- The Federal Reserve cut interest rates on Wednesday in another divided vote, but signaled it will likely pause further reductions in borrowing costs as the U.S. central bank looks for clearer signals about the direction of the job market and inflation that "remains somewhat elevated." In a press conference following the release of the FOMC…
2025 DEC 10– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ RELIANCEMATRIX” by Christina D. Frangiosa Neal& McDevitt, LLC, representing Reliance Standard Life Insurance Company. This application was made available to the…
2025 DEC 10– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Cardiovascular Diseases and Conditions. According to news reporting originating in San Diego, California, by NewsRx journalists, research stated,“ To assess the interrelation between Medicare Star Ratings medication adherence measures and other…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of UPMC Health Plan, Inc. and its affiliates: UPMC For You, Inc., UPMC Health Network, Inc., UPMC Health Coverage, Inc., UPMC Health Options, Inc. and Community Care Behavioral Health Organization. Concurrently, AM Best has revised the outlooks to stable from negative…
Most customers of state-owned Citizens Property Insurance Corp. could see significant rate decreases in 2026.. Across the state, a projected 463,096 policyholders would save an average of $359 compared to 2025, according to a document presented to the company "s Board of Governors on Wednesday. Most South Florida homeowners would see far larger decreases…
Seth Gold, Louisiana's Medicaid director, sent short letters last week to the CEOs of Aetna Better Health of Louisiana and United-HealthCare of Louisiana announcing their contract extensions with the state had been dropped for 2026. Attorney General Liz Murrill and other state officials said litigation over pharmacy benefit managers affiliated with…
–The Federal Reserve on Wednesday again cut interest rates, just ahead of the Christmas holiday. Wednesday was the Fed’ s third consecutive rate cut since September, which marked the beginning of the first cutting cycle since December 2024. Federal Reserve Chair Jerome Powell said at an economic symposium in August that the central bank weighs multiple…
Granite Real Estate Investment Trust announced today its intention to voluntarily delist its trust units from the New York Stock Exchange and to thereafter voluntarily deregister from its reporting obligations under the United States Securities Exchange Act of 1934. Granite’ s listing on the Toronto Stock Exchange will be unaffected by the delisting…
The Federal Reserve continues to lower interest rates to perhaps pump some more energy into an economy with weak spots. In fact, bond market participants are currently betting we get fewer rate cuts from central banks come 2026, which is putting some immediate upward pressure on, for instance, the rate on the 10- year U.S. Treasury. For more on what to look out for, "…
