Farmers Insurance plans to start writing more home insurance policies in California ahead of regulatory reforms set for next year, the state's second-largest homeowners insurance provider announced Wednesday. "Farmers Insurance has decided to take these steps to increase coverage availability for California consumers because we recognize that the…
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WASHINGTON— House Democrats will face a tough vote this week on the final compromise annual defense bill that includes pay raises for troops but also bans coverage for U.S. service members' children who seek transgender care. All Democrats present Tuesday opposed a procedural vote, 211-207, to advance the historically bipartisan legislation, but will need to…
The U.S. health care system leaves much to be desired. As the public reaction to the killing of UnitedHealthcare CEO Brian Thompson has made clear, however, many Americans are perhaps most unhappy with their health insurers. Yet, given the recent tragic events, as a health policy scholar, I think it would be prudent to take a step back and reflect on the broader health…
The shocking murder of UnitedHealthcare CEO Brian Thompson opened the floodgates of people sharing their stories of how health insurance companies’ denials have devastated their lives. One of the most outrageous denials I’ ve ever heard came from a woman who reached out to me in 2021 after she had an above-the-knee amputation. Prior to the surgery, she had…
The semiannual statewide poll found registered voters in Tennessee voiced overwhelming support for Medicaid expansion, including 55 percent of MAGA Republicans, with those polled believing that health insurers and pharmaceutical companies are largely responsible for high health care costs. Three-quarters of non-MAGA Republicans view the state as on…
Inasmuch as the most popular reaction to the cold-blooded murder of United Healthcare CEO Brian Thompson has been to hail the shooter as a hero, I gather that Americans really hate health insurance companies. Apparently, Obamacare isn't all it was cracked up to be. Valedictorian McDonald's boy's rage is justified but wildly misses the target because…
NEWPORT— A special called meeting of the Cocke County Legislative Body was held Tuesday evening in the circuit courtroom to discuss the county's participation in the National Flood Insurance Program. The county property assessor also currently serves as the county floodplain administrator in Cocke County. According to Tennessee Emergency Management…
"Our son sustained a horrible injury during birth that will require life-long medical care. Insurance companies issued about $2.6 billion of these specialized annuities from July to September, according to John Darer, a Connecticut structured settlement expert. Darer sees demand for structured annuities topping $9 billion this year.
With Donald Trump's return to the White House and Republicans taking full control of Congress in 2025, the Affordable Care Act's Medicaid expansion is back on the chopping block. More than 3 million adults in nine states would be at immediate risk of losing their health coverage if the GOP reduces the extra federal Medicaid funding that's enabled states to…
Inasmuch as the most popular reaction to the cold-blooded murder of United Healthcare CEO Brian Thompson has been to hail the shooter as a hero, I gather that Americans really hate health insurance companies. Apparently, Obamacare isn't all it was cracked up to be. Valedictorian McDonald's boy's rage is justified but wildly misses the target because…
Health insurance is a crucial component of employee compensation, typically representing the largest benefit expense for companies outside of wages. As healthcare costs continue to rise in the United States, access to competitive health insurance is vital for employees, who rely on these benefits to mitigate the growing costs of care.
A look at some of the key business events and economic indicators upcoming this week. The Commerce Department releases its monthly snapshot of U.S. retail sales Tuesday. Federal Reserve officials will wrap up a two-day meeting and issue an interest rate policy update Wednesday.
Economists' 2025 housing market forecasts largely call for mortgage rates to stay above 6% next year
The average rate has gone as low as 6.08% in September— a 2- year low— and as high as 7.22% in May, according to mortgage buyer Freddie Mac. That's because what happens with inflation, the U.S. deficit and the economy can influence moves in the U.S. 10- year Treasury yield, which lenders use as a guide to price home loans. Trump says he wants to impose tariffs on foreign…
SCOR continues to support actuarial science in 2024, presenting Actuarial Awards in seven countries and launching an annual scholarship in the UK. The Actuarial Awards in France are supported by the SCOR Corporate Foundation for Science, chaired by Pierre-André Chiappori. In 2024, SCOR presented Actuarial Awards in seven countries: Australia, France,…
—The leader of UnitedHealth Group conceded that the patchwork U.S. health system“ does not work as well as it should” but said Friday that the insurance executive gunned down on a Manhattan sidewalk cared about customers and was working to make it better. UnitedHealthcare CEO Brian Thompson, who was killed last week, was described as kind and brilliant by…
Manhattan District Attorney's Office prosecutors started presenting evidence in the case Thursday, seeking an indictment against Mangione in the murder of Brian Thompson, CBS News and ABC News reported. Kathy Hochul said during an interview with CBS News that she had spoken to Pennsylvania Gov. According to CBS News, citing NYPD sources, Mangione's charge in…
Because the United States still doesn't have a national health care system that guarantees everyone adequate medical attention. On December 4, a gunman murdered Brian Thompson, UnitedHealthcare's 50- year-old CEO. And Andrew Witty, CEO of the overall UnitedHealth operation, collected $23.5 million, making him the nation's highest-paid health insurance CEO.
The Progressive Corporation (NYSE: PGR) is one of today’s top gainers. The company’s shares have moved 4.72% on the day to $254.22. The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It […]
The U.S. health care system leaves much to be desired. Yet, given the recent tragic events, as a health policy scholar, I think it would be prudent to take a step back and reflect on the broader health care system and how the U.S. got to this point. Few with any personal experience or professional expertise would describe U.S. health care as the gold standard of health…
