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US regulators ‘taking seriously’ allegations of bankers’ support for Epstein | Banking

US regulators say they are taking allegations that top banks may have facilitated Jeffrey Epstein’s criminal activity “very seriously”, as they faced calls to investigate executives including the former Barclays boss Jes Staley.In correspondence seen by the Guardian, bosses from the Office of...

Potential Oligopoly: a deep dive into competition in homeowners insurance

By JC Hallman, Oklahoma Watch As the Oklahoma homeowners insurance market has come under intense pressure, Insurance Commissioner Glen Mulready has said that the market is highly competitive, citing the total number of insurers in the market — about 100 licensed to write policies and 50...

Large companies’ innovative benefits programs help midsize firms expand offerings

Large employers historically have led innovations in employee benefits, as their size provides credible samples for experimentation, while midsize employers generally take advantage of lessons learned by their larger brethren as they move into uncharted territory. For example, large employers were among the earliest...

Piraeus completes acquisition of Ethniki Insurance

Piraeus Financial Holdings S.A. has announced that its subsidiary, Piraeus Bank S.A. (Piraeus), has completed the acquisition of 100% of the shares of Ethniki Insurance’s parent company, Ethniki Holdings S.à.r.l., from CVC Capital Partners Fund VII and the National Bank of Greece. This follows...

Federal Health Agency Moves To Allow CBD Coverage Under Medicare, As Promoted In Video Trump Posted

A federal health agency plans to soon authorize health insurance coverage for CBD under certain Medicare programs. The policy change is being circulated about a month after U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. met with the head of an...

Citizens Policies Fewest Since 2019

Citizens’ policy count has fallen to about 439,000 and is projected to reach a record low by year-end as more policies shift to private insurers.TALLAHASSEE, Fla. — The policy count at the state’s Citizens Property Insurance Corp. has dropped to its lowest level...