The Federal Reserve Bank of New York found that U.S. consumers and businesses paid nearly 90% of the roughly $264 billion in tariff revenue collected in 2025.. A report from the nonpartisan Tax Foundation estimated the sharp rise in tariffs on U.S. imports resulted in higher prices for consumers and a tax increase on American businesses and households.
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Colorado residents owe about $1 billion in medical debt. As more people nationally are expected to lose their health insurance following planned cuts and changes to Medicaid in January 2027, the Colorado School of Public Health is starting work on a study to analyze how the state could set up a single-payer health insurance program that would be run at the…
2026 FEB 16– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ SWISS RE INSTITUTE” by James R Menker Holley& Menker, PA, representing Swiss Re Ltd. This application was made available to the public on February 04, 2026.
2026 FEB 16– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ EMPOWER MY WEALTH” by Rachel A. Rice, representing Great-West Life& Annuity Insurance Company. This application was made available to the public on February 03,…
2026 FEB 16– By a News Reporter-Staff News Editor at Insurance Daily News– Fresh data on Musculoskeletal Diseases and Conditions- Chronic Pain are presented in a new report. According to news originating from Greenville, North Carolina, by NewsRx correspondents, research stated,“ Coverage by private insurance is associated with lower chronic pain prevalence,…
Not long after the federal government shutdown ended, Keene resident Lou Robinson’ s monthly health insurance premiums jumped from $120.84 in December to $254.36 in January. Jeanne Shaheen and Maggie Hassan, both D- N.H., helped broker a deal to end the shutdown without extending the subsidies, Robinson felt betrayed by the political system.
Russell Vought, appointed to serve as both Secretary of the Office of Management and Budget and CFPB's Acting Director, ordered the agency to close its offices early last year and then months later, chose not to request any funding from the Federal Reserve. Unlike many federal agencies subject to annual congressional appropriation, the CFPB receives its…
Porch Group, Inc., a new kind of homeowners insurance company, today announced its upcoming investor event attendance. February 27, 2026: KBW Non-Deal Roadshow March 3-4, 2026: Benchmark Non-Deal Roadshow March 9, 2026: Loop Capital 7 th Annual Investor Conference March 10, 2026: Cantor 2026 Global Technology& Industrial Growth Conference March 18, 2026: B…
The office of the U.S. Attorney for the District of Vermont posted the following news release on Feb. 13, 2026:. The United States Attorney's Office for the District of Vermont stated that on February 10, 2026, John Cozza, 64, of Plainfield, Vermont, was sentenced by Chief United States District Judge Christina Reiss to a two-year term of probation and ordered to pay…
As heart disease continues to be a leading cause of death in Pennsylvania, the Pennsylvania Insurance Department urges Pennsylvanians this American Heart Month to prioritize heart health by taking advantage of preventive services covered with no out-of-pocket costs by their health insurance. Most individual and group commercial health insurance…
New Mexico is trying to keep doctors. House Bill 99 was introduced to address foundational failures in New Mexico's medical malpractice system that contribute to rising insurance costs, physician departures and worsening access, particularly in rural communities. Liz Thomson, D- Albuquerque, committee amendment— described as a compromise protecting…
The United States Attorney's Office for the District of Vermont stated that on February 10, 2026, John Cozza, 64, of Plainfield, Vermont, was sentenced by Chief United States District Judge Christina Reiss to a two-year term of probation and ordered to pay $68,323.20 in restitution to the United States Social Security Administration. Handy Man Services and…
The Board of Aldermen, at its meeting Wednesday, approved a $225,000 settlement with the former officer, Victoria Loris, who claimed in the suit that Police Chief Shawn Sequeira forced her to retire because she testified before a state labor board. Lauretti said the city’ s insurance company, which will cover the $225,000, called for a settlement.
The School Board recently decided to stop covering GLP-1 medications, such as Wegovy and Zepbound, for employees using them for weight loss. The change takes effect April 1 and affects 2,216 people on district health insurance plans, Dildra Martin-Ogburn, director of benefits and employment services, told the Superintendent’ s Insurance and Wellness…
Every year, Kris Bullinger braces herself for insurance sticker shock. Bullinger is a co-owner of Olympic Truck Service, a diesel repair shop in Tumwater, Thurston County. This year, Bullinger estimates she’ ll spend around $115,000 on premiums, equal to 7.5% of the business’ s gross profit.
OKLAHOMA CITY— The Oklahoma Insurance Department announced that Oklahoma will transition from the federally facilitated HealthCare.gov platform to a state-based exchange for the 2028 open enrollment period. This transition, authorized last year by Oklahoma House Bill 1512, will enable Oklahoma to retain and reinvest revenue currently being sent to…
SPRINGFIELD— Illinois lawmakers are poised to make a second attempt at passing a bill that would give state regulators more authority to control the rising cost of homeowners insurance. JB Pritzker called for the legislation last summer after Bloomington- based State Farm Insurance announced it was raising premiums in Illinois an average 27.2%, citing…
Rate hikes on homeowners insurance appear to be easing in Mississippi, particularly along the Coast, where premiums have grown to rival house payments for some residents. “It’ s getting better,” said Andy Case, director of property and casualty rating for the Mississippi Insurance Department. The wind pool, insurer of last resort for six South Mississippi…
But they indicated that the job cuts would have a limited impact in Connecticut, where more than 3,000 employees are based. We expect that Connecticut- based roles will be a very small percentage of those impacted. " A message left Friday for Bloomfield Mayor Anthony Harrington that inquired about his response to the layoffs was not immediately returned.
