Gold

Striking Gold: Your Essential Guide to Navigating Life After Winning a $1M Lawsuit

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In New York, a recent court ruling awarded a plaintiff $1 million in a lawsuit, raising questions about the next steps for those who find themselves in a similar situation. The monumental decision highlights not only the legal process but also the financial and emotional implications that come with receiving such a substantial sum. Winning a significant monetary award can be a life-altering experience, but it also demands careful consideration of how to manage and utilize those funds. Financial experts advise individuals to take a measured approach following a windfall, emphasizing the importance of creating … Read more

Gold Hits the Ledger: States Embrace New Laws to Authorize Precious Metal as Legal Tender

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Some U.S. states are considering new legislation that would recognize gold and silver as legal tender, reflecting a growing interest in precious metals as a form of currency. This trend emerges amid rising concerns about inflation and the stability of the traditional monetary system. In several states, lawmakers are advocating for the adoption of bills that would allow citizens to use gold and silver coins for everyday transactions. Proponents argue that this measure could provide a hedge against inflation and reduce dependence on fiat currency. As citizens face increasing costs of living, the appeal of … Read more

Illinois Rolls Out New Laws in 2023: Tighter Security on Catalytic Converter Sales, Aid for Vehicle Theft Victims, Enhanced Road Safety Measures, and Honors for Gold Star Families

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SPRINGFIELD, Ill. — Illinois will usher in the new year with several newly enacted laws spearheaded by Secretary of State Alexi Giannoulias, aiming to enhance public safety, support crime victims, and honor military families. These measures, passed by the Illinois General Assembly and signed into law, respond to growing concerns over catalytic converter theft, vehicle crimes, and the challenges faced by those affected. One significant change targets the rampant increase in the theft of catalytic converters—essential car components often targeted for the precious metals they contain. To combat this, Illinois has implemented stringent requirements for … Read more

Texas’ Gold Card Experiment Stalls: Why Few Providers Win Exemption from Prior Authorizations

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Austin, Texas — To streamline the medical preauthorization process for physicians, several states, including Texas, have introduced “gold card” laws aimed at exempting commonly approved procedures or prescriptions from repetitive checks. However, the anticipated simplification has not unfolded as expected, and the laws often fall short of their promise. Under the 2021 Texas gold card law, a health insurer or health maintenance organization (HMO) is required to waive preauthorization if a provider has had a 90% or higher approval rate during a six-month evaluation. This exemption, designed to be automatic, should relieve some of the … Read more