In July, the California Department of Finance announced that California brought in $1 billion more than projected in its last financial year. The announcement came a month after Governor Newsom and lawmakers approved the $215 billion state budget, which relies on a large projected surplus to fill the state’s reserve accounts with over $19 billion. […]

According to research released in May from UCLA’s Institute for Research on Labor and Employment, over half of Uber and Lyft drivers in Los Angeles drive full time. Unfortunately, many Uber and Lyft drivers also struggle to pay for expenses such as gas, insurance and vehicle maintenance costs. About a third of the drivers either […]

Wells Fargo & Co. charged hundreds of thousands of auto-loan borrowers for insurance they did not ask for or need and some customers’ cars were repossessed because of this. In a news release, Wells Fargo stated that an internal bank investigation spurred by customer complaints found that, between 2012 and 2017, about 570,000 borrowers may […]

One of the largest healthcare insurance companies in the Mid-Atlantic region is stating that it will need to increase premiums by double-digits next year to avoid losing more money. CareFirst BlueCross BlueShield insures 215,000 people in Washington, D.C., Maryland, and Virginia through the Affordable Care Act (ACA) marketplace. CareFirst has been selling plans in the […]

26 people have been charged in a medical scheme where doctors were bribed to prescribe medications and balms, which had no known medical value, in order to overcharge patients in the process. The 26 doctors and other medical professionals are accused of defrauding almost 13,000 patients in Southern California. The scheme produced almost $40 million […]

Jeremy White, Sacramento Bee reports that Immigrants living in the country illegally would be allowed to buy health coverage on California’s insurance exchange under a bill that passed the state Assembly on Tuesday. Already at the forefront of enacting immigrant-friendly policies, California could become the first state permitting immigrants to use the insurance exchanges created […]