—Inflation in the U.K. rose to its highest rate in almost a year as the Iran war continues to ratchet up fuel prices, official figures showed Wednesday, cementing market expectations that the Bank of England will raise interest rates next month. The increase takes inflation further above the Bank of England's target rate of 2%. Whatever measures he comes up with to…
Newswires
SUSSEX COUNTY, NJ— Sussex County officials are looking for ways to control rising employee health insurance costs as a projected double-digit increase adds more pressure to next year's county budget. County Administrator Christina Marks discussed the issue during the Board of County Commissioners' Wednesday, Oct. 14 meeting, reporting that the county's…
Every October, Medicare's Annual Enrollment Period gives beneficiaries a six-week window between Oct. 15 through Dec. 7 to reconsider their coverage. Their current plan may simply no longer exist, insurance marketplace MediaAlpha reports. Research from Johns Hopkins Bloomberg School of Public Health found that forced disenrollment, which means…
1. UK inflation has exceeded expectations, increasing pressure on the Bank of England ahead of its 5 November policy meeting. For a sustained bullish response, traders would probably need to price a higher eventual Bank Rate. GBP/USD was trading near 1.3374 before the release, benefiting from the broader retreat in the US Dollar. In the Forex market, the US Dollar…
Brett Blackman sits behind bars in the federal prison in Miami after receiving a 19- year prison sentence from U.S. He aimed to steal $1 billion from the government and succeeded in getting Medicare and other insurers to pony up more than $450 million globally. Of the $452 million paid out, more than $52 million in fraud losses was tied directly to Blackman's…
—To voter Roy Lyons, Los Angeles has been losing luster for years. As the retired insurance broker from the Sherman Oaks neighborhood ponders his pick in the upcoming mayoral election, he’ s leaning toward the unpopular incumbent, Mayor Karen Bass, over her fellow progressive Democrat Nithya Raman, a little-known city council member who is backed by the…
CHESTNUT HILL, MA/ ACCESS Newswire/ October 20, 2026/ As thousands of Americans begin filing insurance claims following the 2026 wildfire season, the most destructive in at least a decade, Fire Help Center is warning homeowners about a little-known financial trap that affects the majority of policyholders: chronic underinsurance. According to the Insurance…
The North Carolina Association of Health Plans launched the task force in August to bring together the special investigative units and government relations staff from each of the state’ s four Medicaid managed care organizations, or MCOs. The task force was formed amid heightened federal and state scrutiny of Medicaid spending in North Carolina. State…
2026 OCT 20– By a News Reporter-Staff News Editor at Health Policy and Law Daily– Research findings on Managed Care are discussed in a new report. For more information on this research see: Use of Brokers In Medicare Advantage and Standalone Part D Plans. Health Services Research, 2026; 61. Health Services Research can be contacted at: Wiley, 111 River St, Hoboken…
New York State Police and the state Department of Financial Services uncovered more than a dozen cases of alleged staged car crashes and fraudulent insurance claims spanning New York City and Suffolk, Onondaga, Monroe and Erie counties, with seven of the arrests occurring in the Bronx. "We're cracking down on fraudsters and making it clear that New York will not…
ATLANTA, G.A.— FEMA has launched a new digital self-service tool that's making it easier for North Carolinians to financially prepare for floods. "I've seen firsthand how floodwaters devastate American communities," said FEMA Administrator Cameron Hamilton. Floods are the most common and expensive natural disaster in the United States.
Neptune Insurance Holdings Inc., the parent company of Neptune Flood Incorporated, has released its financial results for the third quarter of 2026 by posting an update on its Investor Relations website. Revenue growth of 34% to a record $59.6 million Net income increase of 50% to a record $17.3 million Net income margin of 29% Adjusted net income* growth of 52%…
More than 1,700 Pottawattamie County residents will need to find new Medicare coverage for 2027 after their current plans were discontinued, raising the stakes for this year's Medicare open enrollment period. The affected beneficiaries include 1,018 people losing standalone prescription drug coverage and 694 losing Medicare Advantage plans,…
Today's health insurance affordability crisis is a rerun of the one Kentucky faced in the 1990 s. And once again, Frankfort can deliver it. In 1994, Frankfort enacted new controls that supporters promised would make health insurance more affordable and accessible.
Nearly half of policyholders would take a 60- second AI claim payout over waiting on a person, but 61% want a human to review every denial, according to a new survey of 1,001 Americans with recent property or auto claim experience released today by Liberate, a provider of insurance-native AI agents for property and casualty insurers. Policyholders drew a clear…
Governor Kathy Hochul today announced that a joint investigative partnership by members of the New York State Police and the New York State Department of Financial Services resulted in the arrests of 16 individuals as part of ongoing and joint auto insurance fraud investigations. The joint investigation uncovered nearly $500,000 in attempted…
Project Omega and Charter Space today announced a partnership to evaluate how next-generation radioisotope power systems would improve spacecraft resilience, reduce mission risk, and enable new approaches to spacecraft recovery and insurance. Charter Space Technologies, Inc. is a specialty insurance brokerage and underwriting technology company…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of European Liability Insurance for the Nuclear Industry. The outlook of these Credit Ratings is stable. The ratings reflect ELINI’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business…
The balance sheet strength assessment also considers Kenya Re’ s exposure to elevated levels of economic, political and financial system risks, which are associated with its core markets, as well as its concentration to Kenya, where 90% of its invested assets are located. Kenya Re has a track record of adequate operating performance, evidenced by…
