AMERICAN BUSINESS BANK today announced the regulatory approval for implementation of the Bank’ s second stock repurchase program. Open market purchases will be subject to Securities and Exchange Commission and other applicable legal requirements. American Business Bank, headquartered in downtown Los Angeles, offers a wide range of financial services to…
Newswires
In the last 10-15 years, I've noticed an uptick in the number of employers who provide group health insurance offering not only the typical PPO, or preferred provider organization, plan but also high-deductible health plans. Typically, a PPO will have a relatively low deductible, sometimes as low as $500, although that low of an amount is becoming increasingly…
Zest AI, a leader in AI lending technology, announced today that Rodney E. Hood, who previously served as Acting Comptroller of the Currency, Chairman of the National Credit Union Administration, and Director of the Federal Deposit Insurance Corporation, has rejoined Zest AI’ s Board of Directors. Together, these outcomes strengthen the broader financial system…
A 55- year-old Bronx, New York, man faces criminal charges after police say he attempted to use another person’ s driver’ s license to make transactions at a bank in Shenandoah. Shenandoah police have obtained an arrest warrant for Tony R. Bing after they received a report from First National Bank, 101 N. Main St., that he presented false ID and attempted to use that…
A recent edition sported this headline: "Audit: Medicaid paid for dead patients." I think a more appropriate headline would have been: Audit: Insurance companies kept the money. It appears Louisiana Medicaid made routine payments to private insurers.
Federal Reserve Chair Jerome Powell recently opened the door for the central bank to cut rates next month. Some experts, and other Federal Reserve officials, have cautioned against cutting rates because it could limit the Fed’ s tools if a major economic downturn happens. Question: Should the Federal Reserve cut rates next month?
Alliant Insurance Services, the nation’ s leading specialty broker, has hired Nick Martin as Senior Vice President within Alliant Specialty, to lead the company’ s national alternative risk transfer platform. He holds the Associate in Risk Management designation and was recently named to Captive International’ s prestigious FORTY Under 40 list, recognized…
Below is an opinion column by Dan Rollins, John Hairston, Kevin Chapman and Duane Dewey:. Now is the time to modernize deposit insurance through the Hagerty/Alsobrooks Amendment, writes the CEOs for Cadence, Hancock Whitney, Renasant, and Trustmark banks. The FDIC promise of up to $250,000 in protection for individual checking accounts is widely known and…
The average homeowner spends $21,084 per year on non-mortgage expenses, including insurance, property taxes, and other costs, according to an Insurify analysis of government and industry data. These costs, which many homebuyers overlook until after closing, add up to 27% of what the median U.S. household earns in a year. A National Association of Home Builders…
COMPANY PRESIDENT& CEO: Tim Collier. YEARS IN SOUTHWEST FLORIDA: 18. Seeing the relief we provided and the gratitude our customers had was why I decided to become a State Farm Agent.
ROSALES, using this SSN, also applied for Social Security Administration Disability Insurance Benefits, and converted to his use, money belonging to the United States and the SSA. Approximately $186,078.60 in U.S. Government funds were released to him by the SSA from April 2003 through August 2023 as a result ofROSALES's fraud. The case was investigated by the…
How many people in Connecticut have COVID-19? Even so, it's not to the degree that has been seen before, including in Connecticut, said Dr. In Connecticut, COVID-19 cases have fluctuated similarly to previous years, but overall remain low, with recent spikes falling well below earlier highs, according to data from the state Department of Public Health.
Mr. Biden selected Ms. Cook in 2022 because she, like many of his other choices,“ made history” as the first Black woman on the seven-member board. Bill Pulte, the director of the Federal Housing Finance Agency, issued a criminal referral claiming Ms. Cook fibbed on at least three mortgage applications. Ms. Cook may also have been fluid when self-identifying her primary…
Employers are bracing for the "biggest healthcare cost bump in a decade." This "daunting" escalation in health insurance premiums is forcing cutbacks that negatively impact patients: reduced benefits, increased deductibles, and further restrictions of pharmacy options. In market terms, supply and demand don't balance.
President Trump's firing of Federal Reserve governor, Lisa Cook, has been played up in the press as controversial, and Cook herself refuses to leave office, but it seems the more one looks, the worse her record looks. Lisa Cook: "If you're going to be in charge of the Federal Reserve, damn you better sure know how to fill out a mortgage application." —Eric Daugherty…
Eight home insurance companies have been fined a total of $2.1 million for claims-handling misconduct, including failure to deny or pay claims on a timely basis, following hurricanes Ian and Idalia, the Florida Office of Insurance Regulation said on Tuesday. The eight companies, identified in a news release, are American Coastal Insurance Company, American…
2025 SEP 02– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– Arthur J. Gallagher& Co. announced it has closed the previously announced acquisition of AssuredPartners. AssuredPartners is a leading U.S. insurance broker with client capabilities across commercial property/casualty, specialty, employee benefits and personal lines.
2025 SEP 02– 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“ H HEALTHSPRING” by Kristin Grant GRANT ATTORNEYS AT LAW PLLC, representing Health Care Service Corporation. The applicant indicates that“ The mark consists of…
Colorado will ask health insurance companies— which have proposed dramatic price increases for 2026— to file new rates taking into account funding made available during the state legislature's special session. The move is expected to lead to smaller price increases next year for people who buy health coverage on their own without the help of an employer,…
