Newswires

Newswires RSS Get our newsletter

Providence insurance exit: What the health plan shutdown means for Oregonians

Newswires No comments.

Last year, Providence Health Plan, the company’ s Portland- based insurer, outsourced key administrative work for employer plans to California- based Collective Health, moved health coverage for Providence employees to Aetna and eliminated some health plan jobs as executives worked to shore up the bottom line. Here’ s what Oregon patients and health plan…

Read more

2026 MAY 21– 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“ AIBANK” by Jennifer L. Whitelaw WHITELAW LEGAL GROUP, representing F.N.B. Corporation. This application was made available to the public on May 12, 2026.

2026 MAY 21– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in Managed Care. Financial support for this research came from NIH Eunice Kennedy Shriver National Institute of Child Health& Human Development. Our news editors obtained a quote from the research from the University of California Los Angeles,“ This study uses…

Behind the verbal sparring last week between federal and state officials over policing Medicaid fraud, data shows Hawaii's recent record on the subject is in some respects worst in the nation. In each of the last four years, Hawaii's Medicaid Fraud Control Unit has produced no indictments and no convictions for fraud— something no other state has done.

Gold prices moved slightly higher at the start of the week as the U.S. dollar weakened, making the precious metal more attractive to overseas buyers. However, gains remained limited due to rising Treasury yields and surging oil prices, both of which intensified concerns over inflation and the possibility of tighter monetary policy.  With investors closely watching central bank policy […]

Marco Scamarone, 34, of Tamarac; Jose Mendez, 34, of Coral Springs; and Renee Vazquez, 33, of Tamarac, entered agreements in December and pled guilty to conspiracy to commit money laundering. The men conspired to defraud Medicare by submitting millions of dollars worth of fraudulent claims for orthotic braces that were medically unnecessary and received…

The following information was released by the Federal Reserve Bank of Richmond:. President, Federal Reserve Bank of Richmond. Over the last several years, the U.S. economy has faced wave after wave of supply shocks.

WASHINGTON— Federal Reserve officials' concerns about inflation being stoked by the Iran war intensified last month, with a growing number open to the possibility that they may need to raise interest rates, in a sign that incoming Chair Kevin Warsh will inherit an increasingly hawkish crew of central bankers. A majority of Fed policymakers at their April 28-29…

Church Mutual Insurance Company, S.I. 1 today shared 2025 financial results for the Church Mutual family of companies at its annual policyholder meeting, reflecting continued financial strength and disciplined performance. Policyholder surplus of $805.5 million, an increase of $91.1 million from year-end 2024 Combined ratio of 99% Gross written premium…

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Nacional de Seguros S.A. Compañía de Seguros Generales. Nacional de Seguros began operations in 2014 after acquiring Ecoseguros S.A., a company in voluntary liquidation, with fulfillment and liability insurance licenses granted by the…

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly nine months, driving up borrowing costs for homebuyers during what’ s traditionally the housing market’ s busiest time of the year. The benchmark 30- year fixed rate mortgage rate rose to 6.51% from 6.36% last week, mortgage buyer Freddie Mac said Thursday.

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Dubai Insurance Company. The outlook of these Credit Ratings is stable. The assessment also considers the material share of equity holdings in DIN’ s investment portfolio, and its exposure to fair value fluctuations, with risks heightened by the ongoing…

After Kevin Warsh was confirmed as Federal Reserve chairman last week, he received a stark reminder of the challenges facing the central bank. President Trump's "solution" to the economic problems facing many Americans is lower interest rates. Jerome Powell, who Warsh is succeeding as Fed chair, has refused to lower rates to the level desired by President Trump.

The following information was released by the Federal Reserve Board:. At EMERGE Financial Health 2026 Scaling Progress, Shaping the Future, Atlanta, Georgia. Thank you for the opportunity to speak to you today.1 In preparing for this event, I found myself reflecting on the evolution of the concept of financial health.