Insurers specializing in the legal professional liability sector have experienced considerable growth in policyholders’ surplus over the past five years, but premium levels have remained relatively stagnant during that timeframe, according to a new AM Best report. The Best’ s Market Segment Report, titled“ Specialty Legal Professional Liability Insurers…
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Now that we're into hurricane season, which runs from June 1 to Nov. 30, it's important to know what to do during and after the storm. As I said in a previous column, preparation is the key. Make sure you have adequate homeowners' insurance and a flood insurance policy.
INDIANAPOLIS– Indiana hospitals are reporting a double-digit increase in the percentage of emergency department visits since the start of 2025— a rate that is expected to climb as more Hoosiers go without health insurance or opt for high-deductible plans to offset surging premiums. Another 400,000 Hoosiers are no longer covered by Medicaid since the…
The court officials overseeing the NFL's $1 billion- plus settlement fund for concussion-related injuries have barred five law firms from handling any more claims from former players, after finding that they fraudulently steered clients toward doctors willing to give them a Parkinson's disease diagnosis whether they exhibited symptoms or not.
—The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the Iran war as policymakers around the world including new U.S. Oil prices have risen sharply due to Iran choking off the flow of crude oil through the Strait of Hormuz, the sea passage for a fifth of the world’ s oil and fuel products during normal times.
But as Newsom and leaders of the Assembly and Senate hash out their final budget agreement, the tax increase with the most momentum in those negotiating rooms is one that is likely to fall largely on everyday Californians in the form of increased costs for private health insurance monthly premiums. The money raised is not set to go into the state’ s Medi-Cal…
In May 2026, the Centers for Medicare and Medicaid Services announced a six-month nationwide moratoria on the enrollment of new Medicare hospice and home health agency providers. In early 2026, CMS used multiple procedures simultaneously to address potential fraud in Minnesota, including deferring $350 million in federal Medicaid funding for past…
The following information was released by the Henry J. Kaiser Family Foundation:. Among the 98.8 million women ages 19 to 64 residing in the U.S., most had some form of coverage in 2024. This factsheet reviews major sources of coverage for women residing in the U.S. in 2024, discusses the impact of the ACA on women's coverage, and the coverage challenges that many…
The following information was released by the California Department of Health Care Access and Information:. The Healthcare Payments Data Inpatient Stay and Outpatient Visits Report allows users to explore the most common types of healthcare visits and stays experienced by insured Californians each year and the out-of-pocket cost from those…
The following information was released by the U.S. Department of Justice:. Sean Rondeau, a 56- year-old chiropractor in Jacksonville, Illinois, was sentenced today to a year and a day in federal prison, followed by three years of supervised release, for defrauding health insurance companies of more than a quarter million dollars. District Judge Colleen R. Lawless…
The following information was released by the U.S. Postal Service:. USPS will host a job fair to fill City Carrier and City Carrier Assistant positions. USPS also offers the option to enroll into the Federal Employees Health Benefits program, the Federal Employees Group Life Insurance, as well as enrollment into the dental, vision and long-term care insurance…
Today, Representative Alexandria Ocasio-Cortez discussed her newbill to limit the compensation that may be paid to agents and brokers by for-profit health insurers with Medicare Advantage plans in the Health Subcommittee of the Committee on Energy and Commerce. The proposed bill would require the Secretary of the Department of Health and Human Services…
Four health insurance companies are proposing double-digit rate increases for individual and small-group plans that currently cover around 220,000 people statewide, both on and off the Connecticut- sponsored marketplace, according to Insurance Department officials. Connecticut families are under increasing pressure from rising healthcare costs,…
WASHINGTON- Rising https://apnews.com/article/gasoline-prices-oil-war-iran-strait-of-hormuz-87f47b69ff4d5c0d16853fc36089e81b "> gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm…
I am not receiving my Social Security check since I am still working part-time with no employer benefits; I only have individual health insurance. I need my Medicare and Part D plan to begin November 1. Joshua: Don't stress yourself about the Medicare Open Enrollment, also known as Medicare's Annual Enrollment Period, that begins Oct. 15, because you will be in your…
WASHINGTON- U.S. consumer inflation increased at its fastest pace in three years in May, boosted by surging prices for energy products amid the Middle East conflict, and giving more ammunition for the Federal Reserve to keep interest rates unchanged into 2027.. The soaring cost of living is a political liability for President Donald Trump and his Republican…
More than 92,000 people are no longer getting Affordable Care Act health insurance in Illinois, including a majority who were dropped because they didn’ t pay their monthly premiums, according to new state data.This lowers the number of people buying health insurance through the state’ s marketplace exchange, Get Covered Illinois, than initially thought—…
Rachel Lauser, co-owner of Vancouver- based Applied TEAM Insurance, an authorized Washington Health Benefit Exchange Enrollment Center, said that the rate increases are preliminary and the final rates approved by the Office of the Insurance Commissioner in September usually come back lower. Last year, the primary health insurers in Clark County— Kaiser…
2026 JUN 10– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on artificial intelligence have been published. According to news reporting out of Youngstown, Ohio, by NewsRx editors, research stated,“ Insurance pricing plays a central role in risk management and financial decision-making, as accurate premium estimation…
