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Hannover Re US Appoints Dr. Elena Strunk as Vice President, Medical Director

June 8, 2026

In this role, Dr. Strunk will advance Hannover Re’ s underwriting innovation and digital transformation initiatives, lead efforts to modernize medical assessment practices to better reflect evolving medical knowledge, and strengthen the company’ s medical oversight and governance capabilities. Previously, Dr. Strunk spent over a decade in academic…

State locates $107M in missing insurance funds

June 8, 2026

NASHVILLE— The Tennessee Department of Commerce& Insurance proudly announces that over $107 million in insurance policies and benefits was located in 2025 for Tennesseans through the Life Insurance Policy Locator Service. Developed by the National Association of Insurance Commissioners, the Life Insurance Policy Locator Service is a free service that…

Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company

June 8, 2026

Senior Market Sales ®, a premier national insurance marketing organization, has acquired Nocatee, Florida- based Stratton& Company, bringing a more thoughtful, innovative approach to the retirement income market to the national stage. “Our proprietary, best-in-class planning process is designed to empower both those transitioning into retirement and…

Cigna drops coverage of GLP-1 obesity drugs for its own employees

June 8, 2026

NEW YORK— Health insurer Cigna will stop covering GLP-1 weight-loss drugs, including Novo Nordisk's Wegovy and Eli Lilly' s Zepbound, in its employee health plan effective July 1, according to materials viewed by Reuters. Details of the change in the Cigna Group Medical Plan were announced in an email to employees on Monday. The price of weight-loss drugs has been…

Hidden hurricane damage can be costly later

June 8, 2026

As more people continue relocating to Florida, roofing and restoration professionals say many new residents may underestimate how quickly hurricane damage can turn into costly repairs, hidden structural problems and insurance disputes long after storms pass. Experts across Southwest Florida say one of the biggest misconceptions homeowners have is…

U.S. adds 172,000 jobs in May as 2026 hiring streak continues, government says

June 8, 2026

The U.S. added 172,000 jobs in May, the government said in a report that far exceeded expectations and continued a robust run of hiring after a sluggish 2025.. The Bureau of Labor Statistics said Friday the unemployment rate remained steady at 4.3%. Wall Street had been expecting employers to add about 80,000 jobs and for the unemployment rate to hold steady.

DISCOUNT DILEMMA

June 7, 2026

When you go to the pharmacy, you might be offered a coupon on your prescription drugs. Even as prescription drug costs rise, patients with commercial insurance slowed their use of manufacturer-sponsored drug coupons in recent years, according to a study the Journal of the American Medical Association published April 6. These are not the same as discount card…

U.S. mortgage rates are staying high — and the Fed can do very little about it

June 7, 2026

U.S. homebuyers can't get a break. Pricey mortgages have been weighing on the housing market more broadly, which has not escaped President Donald Trump. He has waged an aggressive campaign to pressure the Federal Reserve, which sets the short-term benchmark rate, to make deeper cuts to the cost of borrowing.

US consumers, businesses squeezed by inflation, Fed survey shows

June 7, 2026

Federal Reserve Chairman Kevin Warsh inherits an economy bolstered by an AI investment boom but pinched by rising prices from the Iran war, a new Fed survey showed, setting up a fight over an interest rate hike at his debut policy meeting in two weeks. Most U.S. regions experienced higher inflation from late April to late May due to energy-related costs tied to the…

SCOTT WELCOMES KEVIN WARSH AS FEDERAL RESERVE CHAIR

June 7, 2026

Today, Senator Tim Scott, Chairman of the Senate Banking Committee, released the following statement after Kevin Warsh was sworn in as Chair of the Federal Reserve Board of Governors:. "Today marks a new chapter for the Federal Reserve and for the families, workers, and small businesses counting on a stronger economy. President Trump chose a serious, experienced…

BANKING DEMOCRATS INTRODUCE BILL TO AUTOMATICALLY AND FULLY FUND THE CFPB AMIDST ONGOING TRUMP ATTACKS ON CONSUMERS

June 7, 2026

The bill requires mandatory transfers to the CFPB of at least 12% of the total operating expenses of the Federal Reserve, up to the amount under the Dodd-Frank Act "reasonably necessary to carry out the authorities of the Bureau under Federal consumer financial law." Democrats are united in fully funding the CFPB when we take back Congress. "

ICYMI: CHAIRMAN SCOTT PREVIEWS KEVIN WARSH HEARING, EMPHASIZES FED INDEPENDENCE, AND U.S. LEADERSHIP IN DIGITAL ASSETS ON FOX BUSINESS

June 7, 2026

Today Senator Tim Scott, Chairman of the Senate Banking, Housing, and Urban Affairs Committee, joined Fox Business' Mornings with Maria to discuss the path forward for confirming Kevin Warsh as the next Federal Reserve Chair, restoring the Fed's independence, and advancing policies to expand access to credit for working families and small businesses.

CHAIRMAN SCOTT WELCOMES FEDERAL RESERVE INSPECTOR GENERAL REVIEW OF COST OVERRUNS

June 7, 2026

Senate Banking Committee Chairman Tim Scott issued the following statement after U.S. Attorney Jeanine Pirro announced that the Department of Justice is closing its investigation into cost overruns related to the Federal Reserve's headquarters renovation project and deferring to a review by the Federal Reserve's Office of Inspector General:.

ICYMI: CHAIRMAN SCOTT HIGHLIGHTS IMPORTANCE OF KEVIN WARSH LEADING FEDERAL RESERVE, MOMENTUM FOR CLARITY ACT ON FOX BUSINESS' MORNINGS WITH MARIA

June 7, 2026

Today, Senate Banking Committee Chairman Tim Scott joined Fox Business' Mornings with Maria to highlight the importance of confirming Kevin Warsh as Chair of the Federal Reserve and ongoing efforts to advance digital asset market structure legislation. Chairman Scott emphasized that Warsh's leadership will help restore the Federal Reserve's…

CHAIRMAN SCOTT CHAMPIONS KEVIN WARSH AS NEXT CHAIR OF THE FEDERAL RESERVE

June 7, 2026

Senate Banking Committee Chairman Tim Scott today convened a hearing to consider the nomination of Kevin Warsh, President Trump's pick to serve as a Governor and Chair of the Federal Reserve, as the central bank begins its transition to a new era of leadership. In his opening statement, Chairman Scott stressed the direct impact Federal Reserve decisions have…

WARREN STATEMENT ON PRESIDENT TRUMP SWEARING IN KEVIN WARSH AS FED CHAIR

June 7, 2026

United States Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, released the following statement ahead of President Donald Trump's swearing in Kevin Warsh as Chair of the Federal Reserve:. Having proven himself to be Donald Trump's sock puppet, I worry Mr. Warsh will prioritize the President's political…

SCOTT APPLAUDS SENATE CONFIRMATION OF KEVIN WARSH TO LEAD THE FEDERAL RESERVE

June 7, 2026

The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs:. Today, Senator Tim Scott, Chairman of the Senate Banking Committee, released the following statement after the Senate voted to confirm Kevin Warsh to serve as Chair of the Federal Reserve Board of Governors:. "President Trump made an excellent choice in…

Nine Missouri businesses make the 2026 Fortune 500 list

June 6, 2026

For the eighth year in a row, Centene is the highest ranked Missouri- based business at No. 19— up four spots from last year's list. Centene is among three Missouri businesses on the list that have female CEOs followed by Edward Jones at No. 249 and Graybar electric at No. 342.. The second highest ranked Missouri company is the Reinsurance Group of America at No. 193. The…

Healthcare system spiraling out of control

June 6, 2026

Blue Cross Blue Shield of North Carolina, the state's largest private health insurer reported it lost $497 million last year. The 4.3 million BCBS customers in North Carolina, about one-third of the state's population, know what this means: their health insurance premiums will increase. Tunde Sotunde, CEO of BCBS, addressed the loss and spoke to the current state…

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