Insurance data breach exposes sensitive info of 1.6 million people
If there is one thing I’ve learned from covering data breaches over the years, don’t take the company’s first numbers at face value. When a violation is published, most companies try to minimize the damage by reporting fewer victims or by remaining vague about what data is being published. Sometimes, to be fair, they still […]
Bank of America Ordered To Pay $540,261,499 for Massive Underpayment of Deposit Insurance Fees – The Daily Hodl
Bank of America is planning to pay more than $5 billion after a district judge discovered that lenders had paid significantly less deposit premiums for more than a year. In 2017, FDIC filed a lawsuit against BOFA As it is reportedly Between the second quarter of 2013 and fourth quarter of 2014, the company was […]
Commerce’s Laid-Off Workers Rage as Insurance Benefits Are Cut Prematurely!
Probation staff, recently corrected by the Commerce Department this month, report that their health insurance is ending sooner than anticipated. Employees had hoped that health insurance would extend into May. Contrarily, they received notifications this week indicating that the department had returned to its earlier date. Tim White House, executive director of environmental responsibility for […]
Toddlers, people not yet born, and those 115+ snagged nearly $400M in unemployment insurance: DOGE
The government's efficiency department appears to have discovered more potential scams within the federal government. On Wednesday, Doge shared an A post On social media highlighting troubling findings from unemployment insurance investigations. “We will continue to work to catch these burglars and eradicate terrible fraud. This is where the accountability lies.” Since 2020, tens of […]
Health insurance CEO fired after admitting to hiring private investigators to dig up dirt – WOAI
Austin – Mark Sanders, CEO of Superior Health Plan, was fired from his position following revelation that his company hired a private investigator to collect personal information about clients, journalists and even lawmakers. The fire came a few days later Sanders testified before a Texas House Committee on the provision of government efficiency.he confirmed that […]
Doctors say health insurance approval reform would help patients get care faster – Hawaii News Now
Honolulu (Hawaiinewsnow) – Physicians across Hawaii and across the country say the requirements for insurers to provide medical care, that they waste time, waste millions of dollars and sacrifice the lives of some people. Currently, the Capitol has vehicles that can ultimately address this issue. Molokai Dr. Kaohimanu Dang-Akiona leads Native Hawaiian doctors in a […]
How the rich use insurance to invest in private credit without steep tax bills – CNBC
This version of the article first appeared on CNBC's Inside Wealth Newsletter. This is Robert Frank, Net-Worth Investor and Consumer's weekly guide. Sign up to receive future editions directly in your inbox. According to alternative data provider Preqin, the market rose from $1 trillion in 2020 to $1.5 trillion in early 2024, resulting in a […]
Nurse accused of murder for $1.5M insurance policy after tricking patient
The registered nurse was arrested and accused of exacerbating the murder after convincing patients that they had terminal cancer and injecting fatal insulin in order to collect a victim's $1.5 million life insurance policy. Megan Randall Sandwall, 47, was arrested Thursday in connection with the death of 38-year-old Casey Lynn Terry, according to court documents. […]
Utah nurse tricks woman into thinking she’s terminal, then kills her over insurance: cops
The nurse tricked the woman into thinking she had terminal cancer and injected her with fatal insulin. That allowed her to seek to advocate for a $1.5 million life insurance policy, Utah police officers say. Registered nurse Megan Randall Sandwall, 47, injected 38-year-old Pal Casey Lynn Terry in a fatal dose over the summer, according […]
Oklahomans could face 75% hike in insurance premiums if federal ACA subsidies expire – KTUL
Tulsa, Oklana. (ktul) – If Congress decides not to renew its major federal grants, hundreds of thousands of Oklahomans could soon face higher health insurance premiums. Premiums for those registered in the Affordable Care Act (ACA) market plans could increase by up to 75% from 2026, according to the Oklahoma Department of Insurance. Mike Rhodes, […]