Motor vehicle lawsuits have risen sharply over the past decade, adding to costs that can affect what consumers pay for auto insurance, according to a new analysis from the Insurance Information Institute and the Casualty Actuarial Society. The analysis estimates the increase in motor vehicle tort litigation at $43.84 billion from 2015 to 2024, accounting…
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RICHMOND— Christina Rivera kept her health insurance this year because she needed major back surgery. But maintaining coverage meant absorbing a monthly premium that rose from $235 in 2025 to $1,336 in 2026— with a higher deductible. "That's just not reasonable for anybody who is relying on the ACA for healthcare," said Riviera, a Charlottesville- area resident…
New York Life Investment Management LLC today announced the launch of the NYLIM MacKay Muni High Income ETF, an actively managed ETF managed by the MacKay Municipal Managers team. MMHI draws on MacKay’ s dedicated municipal investment platform, which oversees nearly $87 billion in municipal assets and is supported by 30 investment professionals with an…
BOISE, Idaho— Joshua and Ashley Durham run a family medicine practice, and for the first time in their lives, they have no health insurance. "It's nerve-racking," said Joshua Durham, 47. "It just takes, you know, one little accident, and then you got a big fat bill." Nationwide, 7% of all healthcare workers were uninsured in 2024, compared with 11% of all adults under 65,…
—Americans spent more than $160 billion last year using buy now, pay later plans, according to research published by Federal Reserve economists. “It has been very hard out there for a lot of people, "said Sara Rathner, NerdWallet’ s credit card expert.“ It’ s a tough job market, and it’ s a rough economy, and the cost of the things that we buy every day has been going up, in some…
Despite increased use of AI in the insurance shopping process 1 and direct-to-consumer marketing efforts by carriers, independent insurance agents still write 62% of all property and casualty polices in the United States 2, making them a critical link in the industry ecosystem. According to the JD Power 2026 U.S. “Insurance has always been a…
Inflation didn't rise as much as feared in August, based on the measurement that the Federal Reserve Board prefers, but Virginia economists say a 3.4% increase over a year ago is still "uncomfortably high" as record diesel fuel prices ripple through the economy. "They're probably happy it didn't grow by more, but it's uncomfortably high," said Alice Louise Kassens,…
According to a 2022 study conducted for the Coalition Against Insurance Fraud, this crime costs Americans $308.6 billion annually. That's about $3,800 a year for a family of four. If you're suspicious about anything dealing with insurance, stop and call the Department of Insurance at 855-408-1212. We have consumer experts available to answer your questions…
Members will have continued access to the benefits they value most– including $0 cost-sharing on in-network primary care visits and labs plus dental, vision, and hearing coverage. Medicare Advantage plans in approximately 2,600 counties across 45 states and Washington, D.C., representing more than 80% of U.S. counties. Expanded Chronic Condition Special…
As Western New York struggles to regain its economic momentum from the pandemic, John Williams thinks the region should capitalize on what it has to attract more workers. "Clearly, here in Buffalo, it's actually a major metropolitan area," said Williams, president of the Federal Reserve Bank of New York. Federal Reserve Bank of New York President John Williams said…
Meg McArdle Kowar has spent more than 15 years with McArdle and Associates, which was founded by her father in 1992, and now serves as president of the Ashland, Virginia agency. McArdle Kowar has also served on Erie Insurance and Northern Neck advisory councils, advocating for the independent agent perspective, and helped establish informal "coffee house chats"…
The following information was released by the National Association of Mutual Insurance Companies:. Amy Walen was named State Legislator of the Year by the National Association of Mutual Insurance Companies at its 131th Annual Convention. "Rep. Walen continues to the hard work of studying the problems affecting Americans, understanding the real issues…
The following information was released by UCLA Health System:. It's time to find a health plan for you and your family and UCLA Health can help. Regina D. Green, director of managed care operations for UCLA Medical Group, explains what to consider during open enrollment to make the process more user-friendly.
The first three articles in this series made a similar argument three times: Mauritius has the legal framework, and the missing piece is a single pilot. Here, Mauritius already has something running. That is real progress, and it puts Mauritius ahead of most peers discussed elsewhere in this series.
A cliffside proposal at sunset. More recently, a couple made headlines when their ring fell 118 feet from a suspension bridge in Michigan, falling into deep snow. Jewelers Mutual Group, an insurer that has specialized in jewelry for over 110 years, shares what to know before you travel with one of the most valuable things you own.
The following information was released by the California Department of Insurance:. Nine Department-sponsored bills improve wildfire recovery, hold insurers accountable, expand health care protections, and continue California's historic consumer protection reforms. Governor Gavin Newsom has signed nine Department of Insurance-sponsored bills this…
The following information was released by the American Civil Liberties Union:. Since it was first enacted on September 30,1976, this discriminatory policy has, by design, pushed abortion care out of reach for low-income people who struggle to make ends meet, especially Black, Latine, and Indigenous people. In response, Jessica Arons, Director of the Liberty…
The following information was released by California State Senator Ben Allen:. In the face of a difficult insurance market, SB 1301, authored by Senator Ben Allen, was recently signed into law to help more Californians at risk of losing their coverage on the private market. "Californians are facing more expensive and fewer insurance options to keep their…
The following information was released by the Federal Reserve Bank of Boston:. High-yield corporate bond mutual funds are on the rise: By late 2025, the combined total of the assets in these funds reached $263 billion a 13% increase since 2019. In contrast, bank loan mutual fund assets declined by almost 21% to $71 billion over that period.
