Federal Deposit Insurance Corp. Chair Martin Gruenberg announces plans to resign once successor is nominated, confirmed
Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg announced Monday that he will step down as soon as his successor is confirmed by the Senate, after multiple reports revealed a culture of sexual harassment, misconduct and retaliation at the agency under his leadership. Gruenberg’s announcement comes after months of pressure from members of Congress and […]
Homeowners insurance costs rising amid mounting weather-related losses, inflation: report
Condominium Global host and FOX News real estate contributor Katrina Campins weighs in on February housing statistics and NAR’s proposed new commission rules. A new Moody’s report says homeowners are struggling with higher premiums as companies that offer homeowners insurance seek to mitigate rising losses from weather-related incidents and inflation that are hurting profits. They […]
Car insurance rates surge again, keeping inflation elevated
According to Insurify, Nevada has the second-highest auto insurance rates in the country. Rising auto insurance premiums are driving inflation and continuing to put financial pressure on millions of Americans across the country. The Labor Department announced on Wednesday that consumer prices for April rose 0.3% month-on-month, slightly lower than expected, and rose 3.4% compared […]
South Africa's National Health Insurance (NHI) Bill: Why it is controversial – BBC.com
Article information author, Farooq Chotia role, BBC News, Johannesburg 1 hour ago South African President Cyril Ramaphosa has approved a controversial new law that will bring about the biggest changes to the health sector since the end of the racist apartheid system 30 years ago. His promise of universal health care for all faces stiff […]
NBA champion Glen ‘Big Baby’ Davis sentenced to prison in insurance fraud scheme
A federal judge has sentenced NBA player Glenn “Big Baby” Davis to 40 months in prison after being found guilty of defrauding health insurance benefits plans. Last November, Davis was found guilty of health care fraud, wire fraud, conspiracy to commit false statements, and conspiracy to commit health care fraud and wire fraud. If convicted, […]
Home insurance premiums soar 55% – here’s how you can mitigate rising costs
Homeowners can take steps to reduce rising insurance premiums. (iStock) Homeowner’s insurance premiums have risen 55% over the past four years as losses widen and insurers struggle to recover costs, according to a recent report. In 2023 alone, insurance rates increased by 19%. report Said. Prices are expected to continue rising as the frequency of […]
Nearly half of all homeowners concerned weather-related events will raise their homeowners insurance rates
The increase in natural disasters is causing significant rate increases across the country. (iStock) The increase in natural disasters is not only wreaking havoc on homes, but is also impacting homeowners’ insurance premiums. Almost 50% of homeowners are concerned about extreme weather events and their impact on their homes. Fannie Mae research found. Heat and […]
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Grab $1.5K insurance or 20% deposit match for all sports
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White House extends health insurance access to ‘Dreamers’
Under this rule, active recipients of DACA, known as “Dreamers,” qualified health plan or basic health plan Under the Affordable Care Act (ACA) and several forms of financial assistance. The new rule comes in the coming months for executive action the Biden administration may take on immigration issues, from a potential asylum crackdown at the […]