As the Trump administration ramps up its pressure campaign against the central bankā now including Justice Department subpoenas and the threat of criminal chargesā Senate Republicans have closed ranks around Powell, defending an independent Fed chair under attack from a president of their own party. John Kennedy of Louisiana, one of Trumpā s most reliable…
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Jan. 16ā Nationwide, the number of people buying health plans on Obamacare insurance marketplaces is down by about 833,000 compared with a year ago, according to federal data released this week. But nine states and Washington, D.C., have deadlines later this month, so the numbers could change. Preliminary data released Monday by the federal Centers for Medicare&…
In 2013, before the Affordable Care Act helped millions get health insurance, California's Placer County provided limited health care to some 3,400 uninsured residents who couldn't afford to see a doctor. "This is the moment where a lot of hard decisions have to be made about who gets care and who doesn't," said Nadereh Pourat, director of the Health Economics and…
According to The Associated Press, the presidentā dramatically escalated his confrontation with the Federal Reserve, his Justice Department investigating and threatening a criminal indictment of the independent central bank and serving it with subpoenas.ā. The debate is apparently about Fed Chair Jeromeā Jayā Powellā s testimony before Congress in June over…
Brit Re, which is domiciled in Bermuda, has acted primarily as an internal reinsurer for its affiliates, Lloydā s Syndicate 2987 and Brit UW Limited. The company continues to derive most of its premium from a quota share contract with Syndicate 2987. While the companyā s risk-adjusted capitalization is maintained consistently at the strongest level, as measured…
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating toā aā fromā a-ā of First Indemnity of America Insurance Company. The outlooks of these Credit Ratings have been revised to stable from positive. The ratings reflect FIAā s inclusion as a member of Palomar Holdings, Inc., which on a consolidated basis has a balance sheet…
A few weeks after California Insurance Commissioner Ricardo Lara rattled consumer groups with a proposed overhaul to the insurance-rate review process, the embattled state executive ended up at his parent "s home in East Los Angeles to catch his breath away from a chorus of calls urging him to resign. The proposal in September capped a tough year for the…
EAST BRUNSWICK, N.J.& BANGALORE, India—- Wipro Limited, a leading AI-powered technology services and consulting company, announced financial results under International Financial Reporting Standards for the quarter ended December 31, 2025. Results for the Quarter ended December 31, 2025:. Large deal bookings 4 was at $871 million, decrease of 8.4% YoY in…
About 70,000 fewer Arizonans have signed up for health insurance through the Affordable Care Act after Republicans in Congress refused to extend tax credits and premiums soared. Ruben Gallego said that Republicans created the crisis that will force Arizona families to choose between health care and other essential costs, like housing and food.
In 2013, before the Affordable Care Act helped millions get health insurance, California's Placer County provided limited health care to some 3,400 uninsured residents who couldn't afford to see a doctor. "This is the moment where a lot of hard decisions have to be made about who gets care and who doesn't," said Nadereh Pourat, director of the Health Economics and…
The tools of diplomacy range from formal international agreements, like the High Seas Treaty for protecting marine life, which goes into effect on Jan. 17, 2026, to deals between countries, to efforts led by companies, scientists and issue-focused organizations. As researchers in international trade and diplomacy at Arizona State University in the…
Earlier this week, credit card issuers' stocks fell after President Trump called for a temporary 10% cap on credit card interest rates. The average U.S. consumer carries $6,500 to $7,000 in credit card debt, and total outstanding balances exceed $1.2 trillion. The Federal Reserve Bank of St. Louis recently reported a 2.98% delinquency rate on commercial bank…
āOpen enrollment using the marketplace ends at midnight Thursday, Jan. 15, and with only a few days to go, enrollment is down about 14 percent compared to last year, according to acasignups.net. So it definitely behooves people to try to see what they can get,ā said Amy Coven, spokesperson for OregonHealthCare.gov, the stateā s marketplace. But those could be reinstated…
What are journalists missing from the state of Delaware? Dave Roff and his wife Thea may be forced to pay $1,800 a month for her Obamacare insurance if Congress fails to extend enhanced plan subsidies that expired Dec. 31. They chose a gold plan for this year that would cost $733 a month instead of $1,800 if Congress had extended the subsidies.
The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below:. Former employee of PrimeLending, a PlainsCapital Company, Dallas, Texas.
*National Association of Insurance Commissioners complaint index scores, which show how many customer complaints an insurer receives relative to its size. *$300,000 in dwelling coverage and liability. *A $1,000 deductible and a 2% hurricane deductible where appropriate.
A good example is the recent news that his Justice Department has issued subpoenas to leaders of the Federal Reserve over Senate testimony about the $2.5 billion cost of renovating the central bank's 90- year-old building in Washington. Nevertheless, the Justice Department reportedly began investigating the Federal Reserve in November, but the news…
The following information was released by the Virginia Tech:. Federal prosecutors reportedly have opened a criminal investigation into whether Federal Reserve Chair Jerome Powell lied to Congress about the scope of the central bank's renovation of its Washington, D.C. headquarters. The investigation, approved by a longtime ally of President Trump, "marks a…
The following information was released by the America's Health Insurance Plans:. Families across the country are struggling with health care costs that continue to rise far faster than wages. A new report by the Centers for Medicare and Medicaid Services shows that health care spending nationwide grew by 7.2% in 2024, reaching a record $5.3 trillion.
