The following information was released by the Federal Reserve Board:. At the Money Marketeers of New York University, New York, New York. There has been a lot of discussion of late about reducing the size of the balance sheet of the Federal Reserve to reduce our "footprint" in the financial system.
Newswires
—When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs. The Fed's key short-term rate rose to a two-decade high in 2023, even as unemployment fell to a half-century low. But in January, he pushed back against an unprecedented legal…
—When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs. The Fed's key short-term rate rose to a two-decade high in 2023, even as unemployment fell to a half-century low. But in January, he pushed back against an unprecedented legal…
The following information was released by Americans for Prosperity:. Americans for Prosperity- New Hampshire today commends the House for rejecting SB 498, a misguided proposal that would have created a new insurer assessment scheme and shifted costs onto Granite State families through higher health insurance premiums. "AFP-NH applauds the House for…
The following information was released by the Insurance Information Institute:. MALVERN, Pa., May 15, 2026 The U.S. property/casualty insurance industry showed improving underwriting conditions in 2025 following several years of elevated catastrophe losses, inflation-driven claims costs, and post-pandemic economic volatility. These findings are…
The following information was released by the Michigan House of Representatives, the Republicans:. Julie Rogers today introduced bipartisan legislation aimed at simplifying Michigan's no-fault auto insurance system by creating clearer standards for long-term injury care, reducing costly legal disputes and making reimbursement rules more…
HONOLULU The Department of Commerce and Consumer Affairs Insurance Division reminds consumers to evaluate their insurance policies before hurricane season, which begins June 1. Forecasters are indicating that El Nio conditions may develop heading into summer, which can increase hurricane activity in the Central Pacific Basin and heighten the…
The following information was released by the office of the Governor of Massachusetts:. Governor Maura Healey today announced that the Division of Insurance has finalized updated regulations that eliminate prior authorization requirements for routine and essential health care, including cancer scans and medications for chronic conditions like…
TOPEKA— Kansas state employees can choose between two health insurance companies after the Health Care Commission voted Monday to move forward with Aetna and Blue Cross Blue Shield of Kansas. Commission members debated whether to choose Aetna, dropping Blue Cross, for the state's health insurance beginning Jan. 1, 2027, to save an estimated $240 million over…
REP. FITZGERALD'S KEEPING VIOLENT OFFENDERS OFF OUR STREETS ACT PASSES HOUSE OF REPRESENTATIVES
The following information was released by the office of Wisconsin Rep. Congressman Scott Fitzgerald's Keeping Violent Offenders Off Our Streets Act, legislation aimed at combating radical bail policies by subjecting bail bonds to insurance fraud laws, passed the House of Representatives today. "Communities across the country have suffered the…
Congresswoman Claudia Tenney sent a letter to Acting Attorney General Todd Blanche calling for a federal review of New York State Senate Bill S88A, legislation that would require New York's Medicaid program to automatically register applicants and enrollees to vote unless they opt out. In her letter, Tenney raised serious concerns that New York's deeply…
The U.S. Senate voted Wednesday to confirm Kevin Warsh as the next chair of the Federal Reserve. He was approved on a vote of 54 to 45 after Pennsylvania Democrat John Fetterman joined all 53 Republican senators voting in favor of his confirmation. Following Wednesday’ s confirmation vote, Massachusetts Democratic Senator Elizabeth Warren said,“ Trump wants to…
Kim Reynolds, according to the Iowa Medical Society. Reynolds signed the bill at Monroe County Hospital and Clinics in Albia, according to the Iowa Medical Society, which is a statewide organization that advocates on behalf of Iowa doctors. “This law addresses a high priority for physicians across Iowa— fewer barriers to care and decisions grounded in clinical…
2026 MAY 14– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Addiction Research- Substance Abuse have been published. The news correspondents obtained a quote from the research from Virginia Commonwealth University,“ We examined if insurance type moderates the association between SUDs and CVD MM. We analyzed…
2026 MAY 14– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Drugs and Therapies- Beta-Lactam Antibiotics have been published. According to news reporting from Shanghai, People’ s Republic of China, by NewsRx journalists, research stated,“ To evaluate the budget impact on the China’ s basic medical insurance fund following…
2026 MAY 14– By a News Reporter-Staff News Editor at Daily Real Estate News– Current study results on Investment have been published. For more information on this research see: Mortgage Brokers and Borrower Outcomes. The Journal of Real Estate Finance and Economics, 2026. The Journal of Real Estate Finance and Economics can be contacted at: Springer, Van…
AI insurance: The $7 trillion rebuild. This is one of the problems that Eliron Ekstein, founder and CEO of Austin- based startup Ravin, is setting out to solve, with AI-powered tools that can verify real damage and stop fraudsters like these in their tracks. And Ekstein's not the only one using AI to try to transform the $7 trillion insurance market, as this article…
The Depository Trust& Clearing Corporation, the premier post-trade market infrastructure for the global financial services industry, announced that the U.S. Securities and Exchange Commission has approved DTCC subsidiary, National Securities Clearing Corporation to offer a new client access model for the Securities Financing Transaction Clearing…
Blue Cross Blue Shield $2.67 billion antitrust settlement. Blue Cross Blue Shield denied the allegations throughout the litigation. In an October 2020 statement, a Blue Cross Blue Shield Association spokesperson said that while it denies the allegations, it has“ agreed to make some operational changes,” to“ reach a settlement and put years of litigation behind…
