Newswires

Now that the short grace period has expired, thousands of homeowners could face partial-risk assessments and higher rates unless Congress passes a retroactive extension. This lapse threatens tens of thousands of Mississippi families, delays home closings, and leaves homeowners uninsured in the middle of hurricane season. "Because Washington Democrats…

Yesterday, ahead of the Federal Reserve's Federal Open Market Committee meeting, Senator Rick Scott sent a letter to Federal Reserve Chair Jay Powell urging him not to halt the Fed's ongoing balance sheet reduction. Senator Scott continues to call for transparency and accountability from the Federal Reserve and for the next chair to commit to fixing the Fed,…

—Federal Reserve cuts key rate for 2nd time this year as government shutdown clouds economic outlook.

However, I'm concerned that many of those coverage gains may evaporate if the U.S. Congress and the Trump Administration allow the enhanced premium tax credits to expire. Illinois moved swiftly to expand its Medicaid program to cast a wider coverage net. As a result, nearly 93% of Illinois' population has private or public health insurance, which is higher than…

NEW YORK& LONDON—- Starr, a global investment and insurance organization, today announced that it has entered into a definitive agreement to acquire IQUW Group. The acquisition of IQUW Group will expand the classes of business that Starr underwrites and will position the combined company for growth across a broader range of global market segments.

Congressional Democrats say they won't go along with any plan to reopen the government that doesn't reverse earlier GOP legislation that ended the enhanced subsidies- threatening 17 million ACA participants with triple-digit rate hikes heading into 2026.. Under the GOP plan, the average out-of-pocket annual cost for an ACA policy for a family of four…

Health insurer absorbs $6.7B goodwill impairment as Trump’s “One Big Beautiful Bill” reshapes Medicaid funding Health insurance giant Centene Corporation (NYSE: CNC) reported a staggering $6.6 billion third-quarter loss, weighed down by escalating healthcare costs and a massive non-cash goodwill impairment tied to stock declines and sweeping U.S. healthcare policy changes. The loss, disclosed in…
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Roadzen Inc. (Nasdaq: RDZN) has signed a definitive agreement to acquire majority control of a U.S.-based commercial auto insurance brokerage and managing general underwriter (MGU). The transaction is aimed at expanding Roadzen’s footprint in the U.S. commercial auto insurance market, leveraging its AI-driven mobility and insurance platform to create deeper embedded-insurance capabilities. Strategic Highlights The…
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In Canada, the employment backdrop weakened, a reflection of the pressures on the Canadian economy. The Bank of Canada maintained its benchmark rate for most of the quarter before pivoting to a rate cut in September, resulting from rising fears of an economic slowdown and lower concerns of inflation driven by retaliatory tariffs, as most were removed by the…

In recent days optimistic words have been spoken about a possible U.S and China trade agreement, and the U.S Federal Reserve will lower its interest rate by 25 basis points later today. The USD/BRL is directly effected by sentiment generated via China and U.S tariff rhetoric, this because Brazil’ s largest trading partner is China. Politically the U.S and Brazil…

—U.S. stocks are ticking toward more records on Wednesday after the Federal Reserve cut interest rates, as virtually everyone on Wall Street expected. Wall Street is still waiting to hear Fed Chair Jerome Powell speak later in the afternoon, and the focus will be on whether he gives hints about more cuts in December and beyond. Wall Street is banking on it.

The U.S. Federal Reserve is expected to meet Wednesday to make a decision on whether to cut interest rates. In its September statement, the FOMC predicted it would lower benchmark interest rates through two quarter-point cuts by the end of the year. The FOMC is limited, though, in the key economic data it typically uses to make such decisions due to the government…

One of the biggest health insurers operating in Virginia, United Healthcare, has not handled beneficiaries' mental health treatment coverage fairly, a sweeping, multiyear examination by the State Corporation Commission Bureau of Insurance found. The insurer, which has a 12% share of the Virginia health insurance market, agreed to follow a corrective action…

With Democrats demanding that Congress address expiring health insurance subsidies and Republicans refusing to negotiate until the government reopens, the parties have been locked in a stalemate over government funding for close to a month. The U.S. Department of Agriculture notified states that if the shutdown did not end by Oct. 27, SNAP benefits would be…

A Texas health leader estimates hospitals could be responsible for more than $1 billion in additional uncompensated care if federal lawmakers don't extend a subsidy that makes health insurance on the federal marketplace more affordable. "Hospitals give care back to the community," said Stephen Love, president and CEO of the Dallas-Fort Worth Hospital…

Tony Evers held a virtual press conference on Monday to announce Affordable Care Act health insurance increases for 2026.. Baldwin and Evers, along with U.S. Reps. Evers said many people in Wisconsin will see their premiums double and some "will see staggering increases in this, no kidding, of over $30,000 a year.

The federal government shut down earlier this month as Democrats in Congress demanded negotiations to extend enhanced tax credits that have helped people buy coverage the past few years. Republicans say they won’ t negotiate until Democrats vote to reopen the government. “It seems overwhelming, but it really is important to shop and consider your choices,” said…

San Juan County residents are facing an unprecedented health care insurance crisis as LifeWise Health Plan of Washington announced its departure from the market, leaving the county as the only one in Washington state with just a single insurance provider for 2026.. "San Juan County is the only one that has been reduced to one provider," confirmed Justin Paulsen,…

By Lauren Cohen, San Juan Island. For the majority of Americans who get their insurance through employers, the consequences of the ironically named Affordable Care Act have gone mostly unnoticed since its inception. For the self-employed, like my family or others who have had to purchase health insurance on the open market, the ACA is an abject failure.