The San Francisco Chronicle won the Pulitzer Prize for explanatory journalism on Monday for its investigation into how major home insurance companies leave California homeowners unable to rebuild after catastrophic wildfires, even when they have what they thought was full coverage. "Burned," written by reporters Megan Fan Munce, Susie Neilson and Sara…
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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,…
Comprehending taxation dates is vital for managing your financial responsibilities effectively. Key deadlines, like submitting W-2 and 1099 forms by January 31, can greatly impact your tax obligations. Missing these dates might lead to penalties or complications when filing. For individuals and businesses alike, staying informed about these important timelines is key. So, what…
UnitedHealthcare said it will cut prior approval requirements for 30% of health care services amid complaints of delayed, denied care.
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 state offers free insurance to companies that hire people with criminal records as a protection against fraud or theft. Wisconsin Watch wanted to know: Why do so few businesses take the offer? The post ‘Second chance’ bonds show promise. Few Wisconsin businesses use them appeared first on Open Campus.
President Donald Trump was in town, and The Villages– a retirement mecca in central Florida– was abuzz. Trump and his party are in perilous political waters as polls show large majorities of voters dissatisfied with his handling of the economy and the Iran war. His trip to The Villages– in an area where Republicans vastly outnumber Democrats– offered an…
Forward Industries (NASDAQ: FWDI) announced a strategic investment in onchain reinsurance company OnRe as part of its $5 million Series A round, alongside plans to deploy up to $25 million into OnRe’s yield-bearing token ONyc on Solana, expanding its treasury strategy into tokenized real-world assets and diversified income streams. To view the full press release, visit…
FTSE 100 down 179 points to 10,185 UK bond prices rise to decade highs HSBC falls on profits miss Vodafone takes full ownership of UK mobile JV 3.38pm: Gilt-y feelings Some thoughts on the new 27-year high in UK government borrowing costs. "Gilt yields are rising because markets are starting to price in a more fragile UK outlook than headline data suggests," says Lale Akoner,…
In a concise move to strengthen its balance sheet, Roadzen Inc. (NASDAQ: RZND) announced the pricing of an $8 million registered direct offering of ordinary shares on 4 May 2026. The offering, disclosed by multiple outlets—including Investing.com, GlobeNewswire, and CEO.ca—was priced at $1.00 per share, yielding 8 million new shares for the company.
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,…
Roughly 130,000 Pennsylvanians have dropped coverage through Pennie, the state’s Affordable Care Act marketplace, in the past five months. Why it matters: About 1 in 10 Americans enrolled in an ACA plan last year now lack health coverage, per surveys by research nonprofit KFF. The big picture: Soaring insurance premiums, driven in part by recently expired federal subsidies, are…
Principal Financial Group Inc. lowered its holdings in Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,681,771 shares of the real estate investment trust’s stock after selling 303,097 shares during the quarter. Principal Financial…
It’s understandable that North Carolina Gov. Josh Stein decided to host a signing ceremony last week that featured a smattering of legislative Republicans when he approved new “compromise” legislation to extend funding for the state’s Medicaid health insurance program. After having enjoyed precious few policy wins and endured 16 months of relentless and frequently dishonest…
The state offers free insurance to companies that hire people with criminal records as a protection against fraud or theft. Wisconsin Watch wanted to know: Why do so few businesses take the offer? ‘Second chance’ bonds show promise. Few Wisconsin businesses use them is a post from Wisconsin Watch, a non-profit investigative news site covering Wisconsin since 2009. Please…
When polling forecasters assessed public opinion in the lead-up to the 2024 U.S. presidential election, they were pretty off point: Most suggested a very close race between Donald Trump and Kamala Harris. Online betting platforms known as prediction markets appeared to fare better. Unlike polls, which gather snapshots of potential voters’ preferences, prediction markets allow…
The state Department of Insurance is seeking as much as $4 million in penalties from insurance giant State Farm due to its alleged mishandling of claims filed by survivors of the January 2025 wildfires that swept through the Los Angeles area. The regulators, who launched their investigation into State Farm last summer, also are considering a temporary…
The SEC moved this week to block 24 prediction market ETFs from launching, stepping in at the final hour of a 75-day regulatory window that would have allowed the products to go live automatically. Funds from Bitwise, Roundhill Investments, and GraniteShares were days away from trading on traditional exchanges when the regulator intervened, citing concerns…
Data: Federal Reserve Bank of New York; Chart: Courtenay Brown/Axios The uncomfortable new normal for the U.S. economy: spending growth concentrated at the top of the income ladder, a split largely explained by wealth gains from financial assets. Why it matters: The K-shaped economy is real, though it is not particularly new. That’s the conclusion of research out Friday morning…
