Yesterday the FDIC shuttered the 28 branches of the First National Bank of Nevada and the First Heritage Bank. Federal regulators will perform a nifty little magic trick over the weekend, and on Monday, the branches will reopen as Mutual of Omaha Bank. Aren’t bank failures fun?! As of June 30, the closed banks had [...]
Dear Government Drone, It was about two months ago that I had to make a trip to the emergency room for pain caused by the passing of a kidney stone. Given the state of health insurance in this country, I held out as long as I could, but eventually succumbed to the pain and went [...]
Regulators and politicians seem to be paying a lot more attention these days to the problem of investment fraud involving seniors. Should federal securities law have higher penalties when the those who violate the law prey on older people? That’s what U.S. Sens. Herb Kohl and Bob Casey think. Here’s a press release about their [...]
Image via WikipediaShimla: The state government is soon to implement various sponsored schemes for the upliftement of weavers. The Industries Department would also be implementing the ‘Handicraft Weavers Comprehensive Welfare Scheme’, which aims at providing insurance cover with enhanced insurance benefits and better health facilities to handicraft weavers, an official spokesman said. Giving details, he [...]
That “snap” you heard Friday was the worsening of Allstate agents’ whiplash. From the AP: Allstate Corp.’s subsidiaries can resume selling new car insurance and other policies in Florida after the insurer turned over documents showing how it sets homeowners rates, the state said Friday. Insurance Commissioner Kevin McCarty lifted the suspension because he said [...]
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