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Gavin Newsom on Tuesday asked the Department of Insurance to make recommendations about California’ s troubled home insurance market as part of a larger effort to better understand how the state can mitigate damage from natural disasters. Josh Becker, D- Menlo Park, calls state agencies to produce a report by next year. “The Governor is exactly right: we need a‘…

Winged Keel Group today announced the acquisition of Bridge Life, a Denver-based provider of advanced life insurance planning for affluent and ultra-affluent clients founded by industry veteran Jay Cleary. Jay joins Winged Keel as a Principal and will lead the Denver office alongside Winged Keel Principal Mark Richards. CEO Eric Naison-Phillips said,“ We’…

SS&C Technologies Holdings, Inc. today announced that Axcelus Financial, a leading provider of life insurance and annuities, has selected SS&C to modernize its information technology stack and transform its operations. As a result, a portion of the Axcelus team will transfer to SS&C. “We are constantly identifying ways to free up time and resources to drive…

Every year, the U.S. Census Bureau collects data and publishes estimates on factors that evaluate national trends to understand their effect on the economic well-being of United States residents. While the majority of people in the United States have private health insurance, primarily through an employer, others obtain coverage through programs off ered…

According to the J.D. Power 2025 U.S. The study, now in its eighth year, was developed in conjunction with the Independent Insurance Agents& Brokers of America. “Independent insurance agents are working on the front lines of an extraordinarily challenging market environment right now, where rates are still at or near historic highs and large numbers of insureds…

Xcel Energy's announcement of the $640 million settlement came one day before the start of a civil trial in Boulder County District Court, where thousands of homeowners, businesses and insurers impacted by the 2021 Marshall Fire had filed a lawsuit seeking damages from Xcel and two telecommunications companies. The Marshall Fire killed two people and…

Idaho saw a rise in uninsured children that was larger than nearly every other state, according to a new report from Georgetown University, after thousands of Idaho children lost coverage in recent years. The study, published in September by Georgetown University’ s School of Public Policy, found that the number of uninsured children in Idaho rose from 28,000 to…

Democrats in both the House and Senate say their Republican colleagues refuse to bargain in good faith, and that allowing health care subsidies to expire will leave millions without health insurance and increase costs for everyone. "Democrats want to hold September government funding hostage over an unrelated December policy fight of their own making.

Today, U.S. Senator Jacky Rosen spoke on the floor of the Senate about the government shutdown being caused by Washington Republicans' refusal to work in a bipartisan way to stop a massive spike in health insurance costs for millions. We're a few hours away from the start of a government shutdown that could've been prevented by Washington Republicans just…

Federal health insurance tax credits have become a sticking point in negotiations over a spending bill Congress needs to pass to avoid a government shut-down at the end of the month. Heinrich explained that if passed, the GOP- led government funding bill will mean the Affordable Care Act premium tax credits will expire at the end of the plan year, and people…

OKLAHOMA CITY– House lawmakers invited insurance experts to speak at the State Capitol on Tuesday regarding the skyrocketing home insurance rates across the state. Andy Fugate said he has heard from families in his district who are struggling because of the rising costs of homeownership. "I want to assure you it's not just an Oklahoma problem.

The following information was released by the National Association of Mutual Insurance Companies:. The National Association of Mutual Insurance Companies today named Rep. Mike Flood, R- Neb. as the associations Federal Legislator of the Year.

The following information was released by the Federal Reserve Bank of Dallas:. Against this backdrop, the FOMC recently voted to cut interest rates for the first time in nine months, and FOMC participants economic projections reflected a divergence of views on where policy should go from here. Congress gave the FOMC a dual mandate: to set monetary policy to…

Congresswoman Jennifer McClellan issued the following statement on the impending shutdown of the federal government:. "Republicans control both chambers of Congress and the White House. Hundreds of thousands of Virginians will lose their health insurance due to draconian Medicaid cuts in the Republicans' Big Ugly Law and their refusal to extend the…

The following information was released by Texas Senator Ted Cruz:. Ted Cruz and Rick Scott outlining the necessary steps to reform the Federal Reserve. The media is fixated on President Donald Trump's attempts to exert more control over the Federal Reserve.

The following information was released by Louisiana Senator Bill Cassidy:. Cassidy called on Democrats to join Republicans in keeping Congress working for the American people. "If Democrats would stop trying to please the fringe of their party and start focusing on the real, immediate needs of the American peoplelike keeping the government open, maintaining…