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First Independence Bank, Detroit, Michigan, Assumes All Deposits of Metropolitan Capital Bank & Trust, Chicago, Illinois

WASHINGTON — Metropolitan Capital Bank & Trust was closed today by the Illinois Department of Financial and Professional Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC entered into a purchase and assumption agreement with First Independence Bank to...

My insurance says I owe nothing, so why is Quest Diagnostics demanding $563?

in this case Jan Burnett receives a “zero balance” statement from her insurance company after routine blood tests, believing her bill is settled. ...

Insurance Gas Car Rental: Like a Time-Warp after Owning a Tesla Model 3 with FSD

Support CleanTechnica's work through a Substack subscription or on Stripe. Or support our Kickstarter campaign! Note: I believe Donald Trump has done unthinkable damage to our country and to our relations with other countries. I was sadly disappointed when Elon Musk supported his run...

$1.95M Loya Insurance UIM benefit offsets class action settlement

Loya Insurance agreed to pay $1.95 million to resolve claims it misrepresented the value of underinsured motorist coverage and applied an offset to claims. The Young America Insurance settlement benefits Young America Insurance Co. (YAIC) and Loya Insurance Co. policyholders who resided in New...

Hawaii lawmakers target insurer 'excessive profits' with Florida-inspired bill

If the insurance commissioner determines that an insurer's profits are excessive, the company would be entitled to a hearing. The insurer would then ... Source link

UPDATE: Elevance shares wobble on Trump administration plans, lower projections

The company's announcement comes a day after UnitedHealth Group Inc. ... insurance companies. But Monday's proposal to keep funding to Medicare ... Source link