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A Florida dairy farm lost 360 cows in Hurricane Ian. Can the damaged business survive?

January 31, 2023

Hurricane Ian inflicted more punishment on Dakin Dairy Farms than any other storm in history. Owner Jerry Dakin estimates the damage at $3 million, plus 360 cows lost during the storm. Jerry Dakin seems resolute that Dakin Dairy Farms, 30771 Betts Rd. in Myakka City, will survive and recover— even though there is sadness at all that has been lost, and uncertainty over…

Bill incentivizing gun owners to secure firearms addresses public health concern

January 31, 2023

The video of a 4- year-old Beech Grove child in diapers and waving a handgun around inside an apartment complex was a startling realization about the dangers of keeping a gun unsecured. It's troubling that access to firearms is so easy for children in the U.S., where 32% of Americans say they own a gun, according to the 2021 National Firearms Survey.

Even on $100K-plus, more Americans are living paycheck-to-paycheck

January 31, 2023

Some 64% of US consumers— equivalent to 166 million people— were living paycheck-to-paycheck at the end of 2022, according to the survey by industry publication Pymnts.com and LendingClub Corp.. And out of that group, some 8 million were people earning more than $100,000 a year. "Prospects for consumer spending are cloudy," said Lydia Boussour, senior economist…

Opinion: the state wealth-tax alliance

January 31, 2023

Democrats finally have a strategy to stop billionaires from fleeing high tax states: Block the escape routes. California, New York, Illinois, Maryland, Hawaii, Minnesota, Connecticut and Washington state are all represented, and several of the sponsors have already released bills. "We are here today to put billionaires and multimillionaires on notice," said…

Centana Growth Partners Hires Investment Industry Veteran Sarah Kim as Partner

January 31, 2023

NEW YORK& PALO ALTO, Calif.—- Centana Growth Partners, a specialized growth equity firm, has expanded its senior investment team with the addition of Sarah Mears Kim as partner. She currently serves on the board of directors of Corsair and previously served on the board of directors for ABR Re, a Bermuda based reinsurer. Before Archipelago, she was the senior director…

Frank Clepper Named Plan President for Molina Healthcare of Nebraska

January 31, 2023

He will lead the implementation of Molina’ s operations in preparation for the January 2024 contract start date for Molina’ s Medicaid program in Nebraska. He previously worked for Amerigroup Kansas, a subsidiary of Anthem, in a variety of roles including market president for Kansas, Nebraska, New Mexico and Colorado. “With his many years of experience as a leader…

CCC® ONE Repair Workflow to Integrate With CDK’s Dealer Management System

January 31, 2023

CCC Intelligent Solutions Inc., a leading SaaS platform for the P&C insurance and repair industries, announces today its industry leading CCC ® ONE Repair Workflow shop management solution is now available to dealer-owned collision repairers via an integration with CDK Global’ s dealer management system. “The dealer management system is the source of…

With CalPERS, add another to list of California's botched projects

January 31, 2023

Gavin Newsom often boasts that California is a "nation state" that is– or should be– a model for the nation. However, when it comes to implementing large-scale projects and programs, California is more a model of bumbling incompetence. —When the COVID-19 pandemic erased the jobs of two-plus million California workers, the Employment Development Department…

Georgia’s big bet on electric vehicle rollout rides heavily on state and federal backing

January 31, 2023

Brian Kemp is on a mission to make Georgia the undisputed electric vehicle capital of the nation. For its proposed plant, Rivian Automotive received $1.5 billion in state and local incentives. Georgia is currently behind California in the EV industry, he said.

California Senate bill would require gun owners to carry liability insurance

January 31, 2023

Nancy Skinner, D- Oakland and Catherine Blakespear, D- Encinitas, following the mass shootings across the state in January. San Jose has a gun insurance law, the first such law in the nation. SB 8 will be modeled after San Jose law, which went into effect at the beginning of this year.

Why would Republicans rule out Social Security and Medicare reform?

January 31, 2023

That's certainly the case when it comes to some Republicans and their new "never touch Social Security and Medicare" position. Vance of Ohio tweeted that former President Donald Trump was 100% correct to demand that "Under no circumstances should Republicans vote to cut a single penny from Medicare or Social Security." Now, to be fair, the GOP's well-intentioned…

Financial Focus: Can you reduce the Medicare surcharge?

January 31, 2023

Before you turn 65, you'll want to become familiar with Medicare's rules and features. For someone who' s married and files taxes jointly, and whose MAGI for 2021 was $194,000 or less, the Part B premium for 2023 will be $164.90 per month, and the Part D premium will be whatever amount is charged by their Medicare plan. But if their 2021 MAGI was between $194,000 and…

Biden administration seeks to strengthen insurance birth control requirements

January 31, 2023

"If this rule is finalized, individuals who have health plans that would otherwise be subject to the ACA preventive services requirements but have not covered contraceptive services because of a moral or religious objection, would now have access," said Chiquita Brooks-LaSure, administrator for the Centers for Medicare& Medicaid Services.

Major changes to Social Security coming in 2023

January 31, 2023

There's a huge cost-ofliving increase coming to Social Security recipients this year- the largest adjustment since 1981, thanks to pandemic-prompted inflation. Other dollar limits on Social Security payroll taxes, taxes on benefits, disability thresholds and qualifying for benefits also will be changing for 2023.. "Medicare premiums are going down and…

Government lets health plans that ripped off Medicare keep the money

January 31, 2023

By Fred Schulte, Kaiser Health News. The health insurance industry had long feared the Centers for Medicare& Medicaid Services would demand repayment of billions of dollars in overcharges the popular health plans received as far back as 2011.. In late 2018, CMS officials said the agency would collect an estimated $650 million in overpayments from 90 Medicare…

Georgia city scammed out of $455K

January 31, 2023

Cartersville City Manager Dan Porta told The Daily Tribune News that the local government issued nearly half a million dollars to an individual in Illinois fraudulently claiming to be a contractor last year. In mid-January, The Daily Tribune News obtained documents indicating the City of Cartersville had issued almost $120,000 to the Illinois resident.

Economists are predicting a recession. Does that really mean we'll have one?

January 31, 2023

The year's first meeting of the Federal Reserve's interest rate policymaking panel starts Tuesday. On Wednesday, after the decision is announced and Fed Chair Jerome Powell holds his regular news conference, analysts will be looking for signals of what's to come for this economy. Because these views of the future are affecting the economy right now, "…

Virginia Employment Commission confirms loss of $1.6 billion in identity theft

January 31, 2023

RICHMOND- After investigating more than 330,000 cases of potential fraud in payment of unemployment claims, the Virginia Employment Commission has confirmed that it has paid out $1.6 billion to people who used someone else's identity to gain public benefits. Virginia Employment Commissioner Carrie Roth had told legislators in August that potential…

F&G Annuities & Life announces equity investment in life IMO SYNCIS

January 31, 2023

DES MOINES, Iowa, Jan. 31, 2023/ PRNewswire/– F&G Annuities& Life, Inc., a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today announced that a subsidiary of F&G has acquired a 49% equity ownership stake in SYNCIS, a top independent marketing organization and longtime F&G partner.

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