Unemployment insurance program amps up fraud detection

unemployment wage insurance

The program will now be receiving assistance in being able to spot “suspicious patterns” among those claiming benefits. The struggling unemployment insurance program in California is now working with Pondera Solutions in order to be able to detect fraud more effectively and save the program – and tax payers – money. This new partnership is meant to help to boost the technology capabilities of the program. The unemployment insurance program in California is currently operating on an old computer system that was causing thousands of legitimate claims for benefits to…

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Unemployment insurance proposal achieves bipartisan Senate support

Unemployment Insurance extension

A new deal has been reached in order to lengthen the long term coverage by another five months. A bipartisan senator group has now come to a deal that will allow the federal long term unemployment insurance program to be extended for an additional five months. This agreement has arrived after several months of focused negotiations and will be applied retroactively. The unemployment insurance will be distributed retroactively to those whose benefits expired at the close of last year. The price tag that comes with extending these benefits will be…

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Unemployment insurance extension vote to occur this week

Unemployment Insurance extension

As early as today, Senate Democrats will be moving to vote to extend the benefits for another three months. This week, as early as today, Democrats in the Senate will be making a push to hold a vote on a three month unemployment insurance extension to add another three months of benefits for the 1.3 million Americans whose benefits ran out just after the holidays. As of yet, nothing has been decided, but the Democrat Senator behind the effort said they will make a hard push. According to Rhode Island’s…

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Federal unemployment insurance benefits collapse

Unemployment Insurance

Legislative inaction could leave people without benefits Some 1.3 million people will lose their insurance benefits at the end of the month due to legislative inaction from the U.S. Congress. Federal lawmakers have declined to renew emergency funding that had been implemented for the federal unemployment insurance program. The benefits provided by this program have provided consumers throughout the country with some degree of financial stability as they look for employment. Unemployment insurance was augmented by emergency funds due to ongoing economic issues throughout the U.S. that made it nearly…

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Unemployment insurance program in Texas swamped with problems

Unemployment Insurance North Carolina

Issues with delayed benefits and overpayments are causing epidemic struggles. The unemployment insurance program in Tennessee is facing tremendous problems as the $1.2 billion system, which is administered by the state’s Department of Labor and Workforce Development. The program is bleeding money through a high trend of overpayments, errors, and fraud. The unemployment insurance program has made $73 million in overpayments as a result of errors and fraud over a period of six years. Auditors in Tennessee have determined that the department’s program internal controls were either not effective or…

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Unemployment insurance wins extension in fiscal cliff deal

Unemployment Insurance extension

Legislators agree to extend federal unemployment insurance The new year has arrived and the federal government seems to have avoided crossing the much dreaded “fiscal cliff.” It has taken federal lawmakers several months to resolve the prospective problems presented by the fiscal cliff, many of which are associated with the enactment of the Budget Control Act of 2011, a legislation designed to address several economic issues by introducing new taxes and other measures. One of the issues of contention that kept a resolution from gaining approval before the arrival of…

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Nevada Senate passes new mortgage and unemployment insurance law

This past Saturday, the Nevada Senate approved new legislations that would keep payroll tax cuts from increasing and ensure that unemployment insurance does not expire at the end of the year. While the passing of the legislation is good news for the unemployed and employed alike, the Senate will be paying for a two-month extension for the insurance program, which will translate into higher prices for those looking to buy or refinance their homes. The bill establishes a new mortgage insurance fee, which is essentially an extra $15 monthly fee…

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Kentucky lawmakers scramble for special session to solve the looming unemployment insurance crisis

Kentucky’s Governor, Steve Beshear, is calling for a special session of the state’s Legislature. The move is prompted by Senate President David Williams, who says that the session is needed to find a solution for the state’s looming unemployment insurance problem. While the state has done well this fiscal year – puling in $121 million in surplus – there have been problems with the unemployment benefits budget. If lawmakers cannot fix the problem with the state’s unemployment insurance program, it could lose out on $640 million in federal tax credits.…

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