Assembly Bill 311, the Consumer Driving Data Protection Act, would overturn the telematics prohibition and change a nearly 40- year-old California law, signed before the word "telematics" was even coined. The bill has already passed the State Assembly and recently earned unanimous support from the Senate Insurance Committee. Following a July 9 amendment, the…
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On the 61st Anniversary of Medicaid being signed into law, Alaskans' premium costs are increasing by 125% one of the steepest increases in premium spikes in the country two Alaska clinics have already closed, five additional hospitals are at risk of closure, and nearly 10,000 fewer Alaskans are on Medicaid following Sullivan's One Big Beautiful Bill Act being…
Senate candidates John Sununu and Scott Brown support Donald Trump's Big Ugly Bill that cut an estimated $2 billion to $3 billion from New Hampshire's health care funding, led a nonprofit health care clinic in Franconia to close, and could rip health insurance away from tens of thousands of Granite Staters. Sununu who has been clear that his Senate campaign is "…
—The Missouri Court of Appeals for the Eastern District has affirmed a St. Louis Circuit Court judgment in favor of insurers that denied coverage sought by the Opioid Master Disbursement Trust II for claims tied to opioid-related litigation against Mallinckrodt and related entities. In a July 21 opinion, the three-judge panel concluded that the bodily…
The University of Miami Health System and UnitedHealthcare have reached a deal that will let thousands of patients who are insured through United continue to receive in-network care with UHealth doctors. The new multi-year agreement will keep UHealth in-network for people who are part of United’ s network through an employer-sponsored commercial plan,…
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Reunion Re Compañia de Reaseguros S.A.. The negative outlooks reflect the pressure applied to Reunion Re’ s balance sheet strength caused by the influence of the rating unit’ s holding company coupled with the macroeconomic challenges in Argentina.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of Reaseguradora Delta, S.A. and Reaseguradora Delta, C.A.. The outlook of these Credit Ratings is stable. Founded in Panama in 2010, Delta Panama offers treaty and facultative reinsurance for several lines of business, including fire, surety, construction and…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of China United Property Insurance Company. The ratings also reflect the expected government support CUPI will receive from its ultimate parent, China Investment Corporation, the sovereign wealth fund of the Chinese government. In 2025, the company’ s capital…
Issues arose nearly a year ago when concerns were raised about the consultant’ s work, prompting a view of the Columbus City Schools self-insured fund, District spokesman Michael Brown told The Center Square. For more than 10 years, AON served as the district’ s consultant and“ recommended the amount of district and employee contributions to the Self-Insurance…
The property/casualty operating subsidiaries of Fortegra include Lyndon Southern Insurance Company; Insurance Company of the South; Response Indemnity Company of California; Blue Ridge Indemnity Company; Fortegra Specialty Insurance Company; and Fortegra Europe Insurance Company SE. In addition, AM Best has removed from under review with positive…
Federal Reserve Bank of Minneapolis President Neel Kashkari wants the Fed to start raising interest rates as inflation stays high. Kashkari was one of three regional bank presidents to oppose a Federal Open Market Committee decision Wednesday to leave rates unchanged, saying the central bank should instead raise rates a quarter point.
Federal Reserve Chair Kevin Warsh is pushing for a rethink on how inflation is measured to offer more clarity on the Fed' s policy. With tariffs pushing up prices of goods and energy markets swinging on geopolitical news, the Federal Reserve's policymaking committee concluded its July 2026 meeting with a contentious 9-3 vote to hold interest rates steady.
Today, Vermont families, workers and small businesses face some of the highest health insurance costs in America while having fewer affordable choices than people living in neighboring states. That experience has taught me an important lesson: Vermont gets much better policy when no single political philosophy dominates the debate. Although Governor…
Alice Thornton has spent more than two decades treating people living with HIV in Lexington, Kentucky. Her team tends to "cringe" anytime they hear about patients having to fill out lots of paperwork, like when applying for Social Security Disability payments, because it can be a difficult, burdensome process. Starting Jan. 1 in most of the country, some enrollees—…
Alice Thornton has spent more than two decades treating people living with HIV in Lexington, Kentucky. Her team tends to "cringe" anytime they hear about patients having to fill out lots of paperwork, like when applying for Social Security Disability payments, because it can be a difficult, burdensome process. Starting Jan. 1 in most of the country, some enrollees—…
Delos Harley Yancey, Jr., age 92, passed away peacefully July 28, 2026, at his home in Rome, Georgia surrounded by loving family. Mr. Yancey was born July 6, 1934, in Atlanta, Georgia, son of Delos Harley Yancey, Sr. and Elizabeth Beauchamp Yancey. As Chairman, President and CEO of State Mutual Insurance Company, he spearheaded transformative milestones such as merging…
Chevron Corporation reported earnings of $12.1 billion for second quarter 2026. Included in the quarter were an asset sale gain of $230 million and pension settlement costs of $86 million. “Faced with geopolitical uncertainty and market volatility, Chevron’ s people remain focused on safely delivering the reliable energy the world needs,” said Mike Wirth,…
What happens to your home insurance when you move to another state. For example, Florida, one of the fastest-growing states, has an average annual premium of $8,471, while New Jersey, which continues to see more residents move out than in, averages $1,449, based on Insurance.com 2026 data. "Many consumers assume their risks will be similar in a new location, while also…
The government says that the U.S. economy slowed in the latest quarter, growing 1.5%. And one measure of inflation out Thursday morning shows prices rose in June, but less so compared to May. This comes a day after the Federal Reserve voted to keep interest rates steady, for now.
