—A sharp drop for Google' s parent company is yanking the U.S. stock market lower on Thursday, while prices for bitcoin, silver and gold weaken. Yields are also sinking in the bond market following discouraging news on the U.S. job market.. In the bond market, Treasury yields sank after a report said the number of U.S. workers applying for unemployment benefits jumped…
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The Institutes CPCU Society announced In2Leadership 2026, an immersive leadership training experience for risk management and insurance professionals focused on practical skills, real-world application, and measurable impact. “In2Leadership is where risk management and insurance professionals come to sharpen the skills that matter most right now,…
The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Wednesday finalized the hypothetical scenarios for its annual stress test, which helps ensure that large banks can continue to lend to households and businesses even in a severe recession. "Waiting to calculate new stress capital buffer requirements until we…
"We lost money in the exchange all but two years since 2014," Cigna CEO David Cordani said. The testimony dealt a blow to arguments President Trump and Republicans have made against extending enhanced Obamacare premium subsidies that expired Dec. 31 as a giveaway to insurance companies. "We compete based upon price and premiums," UnitedHealth Group CEO Stephen…
The California Consumer Watchdog group collected more than $1.4 million in fees in 2025 under a controversial California state program that rewards the group for "intervening" in California state insurance rate review proceedings. A group representing California insurers, however, said the continued fee awards- building on Consumer Watchdog's history of…
Insurance Commissioner Ricardo Lara and Assembly Insurance Committee Chair Lisa Calderon today announced new legislation to overhaul the FAIR Plan, strengthening claims handling, expanding coverage options and improving transparency for wildfire survivors. The Make It FAIR Act, authored by Calderon and sponsored by Lara enacts key reforms identified…
—The European Central Bank left interest rates unchanged Thursday as the economy in the 21 countries that use the euro chugs past the disruption from U.S. President Donald Trump’ s tariffs with modest yet resilient growth. “The economy remains resilient in a challenging global environment,” the ECB said in a statement. In France, the culmination of Prime Minister…
Forward Bank announced that Kristi BeBeau has joined its growing team as a Personal Insurance Agent at the Phillips branch. Before joining Forward, she worked at a small independent agency in Park Falls where she developed long-lasting relationships with individuals and families across the region. "Kristi's experience and strong community ties make her a…
Guardant Health Inc., a leading precision oncology company, has announced its Shield blood test for colorectal cancer screening is now covered for active-duty service members and their families, including in Louisiana, through TRICARE, the U.S. military's health insurance coverage, with no copay for average-risk individuals ages 45 and older.
That is exactly why I called the CEOs of five of the nation’ s largest health insurance empires to testify in front of the Ways and Means Committee: to get answers about why costs keep climbing, figure out what can be done to fix our health care system, and to hold folks accountable for their decisions. Today, the average family health insurance plan costs roughly…
Trump appoints Kevin Warsh as Fed Chair: What it means for markets. Range discusses what the appointment of Kevin Warsh as the next Fed chair could mean for markets. Wall Street veteran: Before the Fed, he was an investment banker, working at Morgan Stanley on mergers and acquisitions.
Indiana's social services agency plans to rebid $68 billion worth of health care contracts for vulnerable Hoosiers in August. Mitch Roob, secretary of the Family and Social Services Administration, made the announcement at a Friday quarterly financial review meeting. Roob said the target for new contracts to be effective is Jan. 1, 2029.
Chip Curry, D- Belfast, introduced legislation aimed at making it easier for Maine people to afford the vehicles they rely on every day.LD 2056, "An Act to Provide Additional Financing Options to Consumers in the State," was the subject of a public hearing before the Joint Standing Committee on Health Coverage, Insurance and Financial Services.
The following information was released by Pennsylvania House of Representatives, Republican Caucus:. Legislation authored by state Rep. Kerry Benninghoff that would solve a problem which often occurs when consumers change auto insurance carriers is now headed to the governors desk following unanimous passage today by the state Senate.
Escalating U.S.- Iran tensions raised fears of broader conflict, prompting investors to offload risk assets, including Bitcoin, which failed as a safe haven. A surging U.S. dollar, fueled by Kevin Warsh's nomination for the Federal Reserve Chair role signaling a potential "hard money" policy shift, made dollar-denominated assets more expensive for global buyers…
President Trump has announced he plans to nominate Kevin Warsh to succeed Jerome Powell as chair of the Federal Reserve. And the Fed is designed to be insulated from political pressure, but President Trump has ignored those guardrails and has pushed hard for lower interest rates. So what might Kevin Warsh look like as the chair of the Fed?
President Trump plans to nominate former central banker Kevin Warsh to be the next chair of the Federal Reserve, in hopes that Warsh will follow his roadmap toward much lower interest rates. He beat out other shortlist contenders for the Fed job, including National Economic Council director Kevin Hassett and Fed governor Chris Waller. Trump has repeatedly…
NPR's Maria Aspan joins us now to unpack Wall Street's latest drama. MARIA ASPAN, BYLINE: Great to be with you, Ayesha. RASCOE: So a lot happened this month, from the U.S. strike in Venezuela that resulted in the capture of President Nicolás Maduro to President Trump naming a new Federal Reserve chair.
On Jan. 26, Centers for Medicare& Medicaid Services officials announced they planned to raise rates paid to health plans by less than a tenth of a percent for 2027, far less than the industry expected. This month, the Justice Department announced a record $556 million settlement with the nonprofit health system Kaiser Permanente over allegations the company…
