It’s been 9 1/2 years since the last U.S. recession - the second-longest period between economic downturns on record. The economy still appears to be going strong. But there are signs trouble may not be far off. The good news for states is that most seem to be reasonably well prepared for it. ...

By some accounts, insurance fraud has reached epidemic proportions, costing insurance companies and their policyholders tens of billions of dollars each year. State lawmakers have taken several measures in recent years to combat the problem, but this year they’re stepping up their efforts even...

Many states have learned lessons from the Great Recession of 2007-09 and are better prepared for the next economic downturn, according to findings by the National Association of State Budget Officers (NASBO) and other analysts. “Rainy day funds are growing as a share of state budgets,”...