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Rising liability insurance costs are prompting doctors to call on states to impose more limits on the damages patients can collect in malpractice cases. Why it matters: More than half of the states have enacted malpractice payout limits, in an effort to make insurance premiums more predictable. But groups led by the American Medical Association say that without more relief,…

This is shaping up to be a momentous week for the Federal Reserve. What comes next for the Fed’s leadership has come into clearer focus in the last three days, but one big question hangs over the institution. The big picture: On Wednesday, the Senate Banking Committee is set to advance Kevin Warsh’s nomination to lead the Fed, after Sen. Thom Tillis (R-N.C.) indicated his…

If the United States gets into the business of providing dollar liquidity to the United Arab Emirates and other Persian Gulf states battered by the Strait of Hormuz’s closure, it will amount to a novel use of an old power. The big picture: The Federal Reserve used swap lines with foreign central banks as a key tool to calm global financial disruptions in periods of stress, starting…

Data: KFF; Note: Enhanced ACA subsidies began in 2021 and ended in 2025.; Chart: Zachery Eanes/Axios The number of North Carolinians enrolled in health insurance plans through the Affordable Care Act has fallen significantly this year. More than 200,000 fewer people are getting insurance via the program this year, according to data compiled by KFF. Why it matters: The drop came…

Data: Bureau of Labor Statistics; Chart: Courtenay Brown/Axios The U.S. economy added 115,000 jobs in April, while the unemployment rate held at 4.3%, the Labor Department said on Friday. Why it matters: Employers kept hiring through the Iran war’s energy shock, a sign of labor market resilience that complicates the case for the Federal Reserve to cut interest rates. By the…

The Iran war is trapping the world’s central banks with an energy shock that simultaneously undermines growth and stokes inflation, with no good policy response to either. Each of the world’s most important central banks faces that dilemma in policy meetings this week. Why it matters: From Tokyo to Washington, central banks that were on track to normalize policy are now paralyzed,…

Pennsylvania’s Affordable Care Act marketplace has seen health insurance cancellations skyrocket so far this year. The big picture: Spiking insurance premiums, driven in part by recently expired federal subsidies, are pushing enrollment down, as higher costs for energy, gas and food strain household budgets. State of play: Roughly 45,000 Pennsylvanians have dropped coverage through…

The Company has rebranded as Pelagos Insurance Capital, effective May 11, 2026 The Company’ s common shares are expected to begin trading under the new name and ticker symbol“ PLGO,” effective May 12, 2026 Pelagos Insurance Capital will report its first quarter 2026 financial results after market close on May 13, 2026 and hold its earnings call on May 14, 2026.

ABN AMRO Bank N.V. increased its stake in shares of Newmont Corporation (NYSE:NEM – Free Report) by 555.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 300,395 shares of the basic materials company’s stock after purchasing an additional 254,567 shares…

49 Wealth Management LLC purchased a new stake in The Hartford Insurance Group, Inc. (NYSE:HIG – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,790 shares of the insurance provider’s stock, valued at approximately $1,073,000.

ASR Vermogensbeheer N.V. acquired a new position in shares of Comfort Systems USA, Inc. (NYSE:FIX – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,800 shares of the construction company’s stock, valued at approximately $2,613,000.

ASR Vermogensbeheer N.V. acquired a new stake in shares of IonQ, Inc. (NYSE:IONQ – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 20,146 shares of the company’s stock, valued at approximately $904,000.

Aubrey Capital Management Ltd acquired a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,600 shares of the investment management company’s stock, valued at approximately $2,285,000.

Jerome Powell is finished as Federal Reserve Board chairman, but he has time left in his term, so he is sticking around. In 2008, prior to the advent of "quantitative easing," the M2 supply was $7 trillion… today it is $22.7 trillion. If you have a $100 bill in your wallet, $69 of those dollars were printed in the last 18 years, the other $31 were printed in the century before.

The Minnesota- based insurer is one of several large insurers that have vowed to reduce the use of "prior authorizations" to review requests before letting doctors or other medical providers bill for health care services or prescriptions. In June, UnitedHealthcare, Blue Cross Blue Shield, Cigna, Kaiser Permanente, Humana, and other insurers joined Trump…

The Fed has held rates steady for each of the first three meetings of 2026 in January, March and April. On April 29, the Federal Reserve announced that its policy committee decided to keep short-term interest rates the same. The Fed took the same stay-put approach on March 18, stating then that "the implications of developments in the Middle East for the U.S. economy…

HCI Group NYSE: HCI reported what executives described as its best first quarter ever, with higher revenue, expanded capital levels and continued share repurchases, according to management comments on the company’s first-quarter 2026 earnings call.