On Friday, California insurance commissioner Ricardo Lara rejected State Farm’s request for “emergency” rate increases, going against the recommendation of his staff experts. The request from State Farm involved insurance rate increases that would have gone into effect on May 1, 2025. The proposed increases were 22% for single-family homeowners, 15% for 15% for condominium…
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By Kilty Cleary is a Los Angeles-based media and marketing pro with 18 years of experience. He’s worked with top brands like Sporting News and Sports Illustrated, building key partnerships and creating engaging content. Follow him on X and IG @theonlykilty Kilty Cleary Contributing Sports Writer For the second time this season, No. 16 Michigan…
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By Mark Hunter 6 days agoThu Feb 06 2025 09:33:50 Reading Time: 2 minutes The FDIC has released 175 documents concerning its supervision of banks involved in crypto-related activities Acting Chairman Travis Hill has acknowledged past criticisms of the FDIC’s approach to crypto assets and blockchain The release aims to enhance transparency and provide insight
In a major shift, the U.S. Federal Deposit Insurance Corporation (FDIC) is reportedly preparing to update its guidelines, allowing banks to engage in crypto-related activities without prior regulatory approval. FDIC Rethinks Its Crypto Stance This move aligns with the broader pro-crypto policies of the Trump administration, which is working to reshape regulations around digital assets.
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