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AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of OneNexus Oklahoma Captive Corp.. In 2023, OneNexus began providing contractual liability insurance policies for its direct parent, OneNexus, LLC. OneNexus, LLC enters into agreements with energy companies to cover costs associated with decommissioning…

Oklahoma is once again being told that if citizens give up their legal rights, their insurance rates will go down. It isn't true, and what's happening in Oklahoma courtrooms right now shows exactly why those rights matter. For at least six years, hundreds of Oklahoma homeowners have been fighting State Farm in bad-faith cases over denied or shortchanged hail and…

DES MOINES— A federal appeals court has upheld Iowa laws restricting residential contractors from acting as public insurance adjusters, while allowing part of an Iowa roofing contractor’ s First Amendment challenge to continue. The 8th Circuit Court of Appeals ruled Aug. 12 that Iowa’ s public-adjuster statutes are constitutional. Iowa law seeks to prevent…

Patients insured through UnitedHealthcare Medicare Advantage will soon lose in-network benefits at Valley Health facilities. Recent negotiations toward a new pact enabling Valley Health to remain in network with the insurer for Medicare Advantage failed. "We gave United a proposal we considered fair and would partially offset the reimbursement…

AmeriHealth Caritas announced today a strategic investment in Deon Health, a Michigan- based specialty managed care organization built specifically to serve people with intellectual and developmental disabilities. Deon Health will remain independent, with no changes to its existing partnerships or care decisions. “We built Deon Health to create a better…

DOBSON— Depending on who's delivering the message, America's economy either is thriving or headed to that hot place in a handbasket, but a Federal Reserve Bank official says there is reason for a positive outlook despite current problems. "North Carolina is doing very well," Matt Martin told about 80 local business, governmental and other leaders during a…

Alliant Insurance Services has hired Rick George as First Vice President within its Employee Benefits Group. Based in Fayetteville, Arkansas, George will work with employers nationwide to develop employee benefits strategies that improve the employee experience, strengthen workplace culture, and manage long-term healthcare costs.

Wisconsin's decline comes after seeing increases in ACA marketplace participation every year, reaching a high point in January 2025 of 306,000 enrollees. Democrats had refused to help Republicans end the longest federal government shutdown in history as they pressured Republicans to extend the subsidies. Republicans argued the expanded subsidies had…

The following information was released by the Henry J. Kaiser Family Foundation:. Authors: Alice Burns, Elizabeth Hinton, Jada Raphael, and Robin Rudowitz. How have states used provider taxes to help finance the state share of Medicaid?

Just under half of the approximate 450,000 who lost health insurance through the state's Essential Plan have still not enrolled in a new policy as of July 31, according to the state's Department of Health. Cadence Acquaviva, a spokesperson for the state's Department of Health, said the department "is committed to using every resource at its disposal" to assist…

OKLAHOMA CITY— Both Mike Mazzei and Gentner Drummond have received donations from people adjacent to the state's ongoing lawsuit against insurance giant State Farm— and a closer look at their campaign finance records reveals a striking contrast in who is funding each campaign. Since June's primary, Mazzei's campaign raised almost $950,000 from donors,…

Senator Reverend Raphael Warnock iscallingon Federal Reserve Chairman Kevin Warsh to include worker perspectives as the Fed assesses the implications of new technologies for the American workforce. Senators Reverend Raphael Warnock, Ranking Member of the Banking Subcommittee on Economic Policy, and Elizabeth Warren, Ranking Member of the Senate…

U.S. employer healthcare costs are expected to rise 9.5% in 2027, pushing the average cost above $19,000 per employee, driven by increased medical use and spending on high-priced drugs, insurance broker Aon said on Thursday. Employees are expected to spend an average of $5,297 in 2026, comprising $3,130 in payroll contributions and $2,167 in out-of-pocket…

Oregon Democrats responded to the increases by saying they would work to reduce health care costs for families. Oregon insurance regulators have approved premium hikes that could cost individuals and small businesses that buy health insurance through the state marketplace dozens of more dollars per month and are weighing policy changes that would limit…

Jerome Powell was the chairman of the Federal Reserve for eight years, until just weeks ago when Kevin Warsh was appointed to the post by President Donald Trump, and remains on the board even now. Now government watchdog Judicial Watch is asking for access to two grand jury subpoenas issued in connection with that criminal probe into the spending $2.5 billion…

OWASCO— To address rising health insurance costs, Cayuga County is considering a change that would offer only high-deductible plans for new non-bargaining employees. The resolution, which was advanced by the Cayuga County Legislature's Ways and Means Committee on Tuesday, would require new non-bargaining employees hired after Jan. 1, 2027, to choose one of…

2026 AUG 20– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in Influenza. According to news reporting out of Auckland, New Zealand, by NewsRx editors, research stated,“ Using a novel, hand-collected dataset of U.S. life insurance companies during the influenza pandemic of 1918-9, we show that high-exposure life insurers…