First Republic is the second-largest bank by assets to fail in U.S. history. Here are some answers to questions you may have about what comes next for the bank and for depositors’ money.
Category: Insurance
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Medicare Delays a Full Crackdown on Private Health Plans
The New York Times – Business:After intense lobbying by insurers, U.S. health officials say curbs aimed at overbilling by Medicare Advantage will be eased in over 3 years.
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Rural Hospitals Are Shuttering Their Maternity Units
The New York Times – Business:Citing costs, many hospitals are closing labor and delivery wards, expanding so-called maternity care deserts.
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Help! A Check-in Agent’s Mistake Made Me Miss an Antarctic Cruise and I’m Out $17,000.
The New York Times – Travel:An American Airlines error kept a traveler from getting to her cruise’s departure, but the carrier wouldn’t take financial responsibility and her trip insurance refused to pay. Then our columnist stepped in.
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Berkshire Hathaway Reports Third-Quarter Loss
The New York Times – Business:The company’s huge investment portfolio lost money, while its insurance arm felt the effects of Hurricane Ian and inflation-driven rises in property and damage claims.