Coloradans who buy their health insurance on the individual market, rather than getting coverage through their employer, will see around a 10% increase in their premiums next year, the state's Department of Insurance announced Tuesday. But make no mistake: Congress still needs to restore the subsidies that millions of Americans relied on to afford their…

The Lassen County Management and Professional Association recognizes the very real financial chalenges facing Lasen County. Shifting state and federal funding, expanding mandates, rapidly rising health insurance premiums, inflation, and the loss of one-time revenues have all placed significant strain on the county budget. What is deeply concerning,…

Walt Disney, Bloomberg, Starbucks and Deloitte are among those taking actions next year to rein in healthcare spending, from restricting spousal coverage to eliminating plan options or cutting drug benefits to deal with soaring costs. Insurer Aon predicted even higher costs, with U.S. employer healthcare costs increasing 9.5% next year, pushing average…

Home insurance companies chose to not renew 2.02 million policies in 2024, a nearly 61% increase from the year before, when they non-renewed about 1.26 million policies, according to a new National Association of Insurance Commissioners report. "Non-renewals have gone from an occasional headache to a recurring part of the week," independent agent Tom…

AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of Tokio Marine& Nichido Fire Insurance Co., Ltd. and its subsidiaries. The group’ s economic solvency ratio was 268% as of 31 March 2026, well above its target range and the 100% regulatory requirement under Japan’ s new economic value-based solvency regime.

Abacus Global Management, Inc., a financial services company specializing in alternative asset management, with a focus on longevity-based assets and personalized financial planning, today announced the closing of a dual-tranche securitization collateralized by a diversified portfolio of life insurance policies. The total structure is valued at over…

The U.S. central bank likely will need to raise interest rates again to curb unacceptably high inflation, two Federal Reserve policymakers said Thursday. "Returning inflation to 2% is a top priority, and I will support the policy path that gets us there while carefully weighing risks to the labor market along the way," Philadelphia Fed President Anna Paulson told…

OXFORD— The Town of Oxford and the Oxford Community Center moved closer Tuesday to ending a months-long dispute over the center's lease, agreeing on insurance limits and most other terms. The discussion drew about 60 people and came days after the Community Center Board of Trustees published an open letter saying the town had proposed a "comprehensive rewrite"…

"Despite health insurance premium increases this year, Colorado is faring better than other states. Premium increases are lower in Colorado than the median across all states, "the division said in a statement Monday. In response to the COVID-19 pandemic, Congress adopted the American Rescue Plan Act of 2021, which, among other provisions, temporarily expanded…

Mark Warner has filed a bill that does away with the healthcare cuts in President Donald Trump's "One Big Beautiful Bill" while creating a low-cost public health plan to start the nation on the path to universal healthcare. This includes the $35 cap on insulin;. cap out-of-pocket costs for medication under group or individual plans to $2,000 for single people and…

INTEREST RATES: The U.S. central bank likely will need to raise interest rates again to curb unacceptably high inflation, two Federal Reserve policymakers said Thursday. ECONOMY: New claims for U.S. unemployment benefits hovered near 57- year lows last week, suggesting the labor market regained momentum after struggling through much of summer.

The Federal Reserve issued the following news release:. Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act. The first proposal would require that Board-supervised payment stablecoin issuers fully back their stablecoins…

Volusia County’ s job market continued to show some strength in August with the unemployment rate edging down and the number of jobs edging up. The agency reported the Volusia-Flagler area had 230,600 non-agricultural jobs in August, up 800 from July and up 2,000 from August 2025. With the Federal Reserve raising interest rates, the Middle East conflict and the…

Court records said Murphy and others at his business, Murphy Farms, started receiving or extending more than $8.4 million in loans through UMB Bank in 2016. For almost two years, according to court records, he engaged in a scheme to "defraud UMB Bank and others to obtain property by means of materially false and fraudulent pretenses, representations, and promises."

The office of the U.S. BOSTON- Four individuals have been indicted as part of ongoing investigations into the theft and fraudulent deposit of more than $12.2 million in stolen U.S. Treasury checks and more than $1 million in other frauds targeting federally insured banks and credit unions and their customers.

The Federal Reserve raised interest rates on Sept. 16 for the first time since 2023. On a $300,000 loan, increasing the mortgage rate from 6.75% to 7.75% raises the rent needed to maintain the same debt coverage by 8.3%. The Fed's outlook may matter more than the hike.

Insurance companies are starting to write new policies in California again after years of holding back as wildfire risks climbed higher. The state Insurance Department says that means departing Commissioner Ricardo Lara's new regulations, intended to boost insurance availability, are working. Ben Armstrong, Consumer Watchdog's actuary, is tracking…

Insurance protects household finances against worst-case scenarios. Yet people shopping for quotes focus only on price. This approach has a major flaw.