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Mercury Insurance Unveils the Most Affordable New Sedans, Subcompact Crossovers to Insure This Year

July 29, 2025

Three Hyundai Motor Group Products and Two Nissan Products Top This Year's List. LOS ANGELES, July 29, 2025/ PRNewswire-PRWeb/– Specific sedan and subcompact crossover models are once again some of the most affordable vehicles to purchase and own, according to Mercury Insurance, a leading auto insurer in California. "The list of vehicles this year is one of the…

Not Cutting or Unwinding, Trump is Refocusing Medicaid

July 29, 2025

Disinformation Democrats are loudly bemoaning Medicaid provisions in Trump's One Big Beautiful Bill Act: "Millions… health insurance," it "could strip health care from 10 million," and it will be "devastating." In fact, President Trump is taking small steps toward righting the Medicaid ship, which is foundering badly. Washington's involvement was limited to joint…

S&P 500: Fresh Apex Height Scaled as Buyers Remain Proactive – 29 July 2025

July 29, 2025

Monday’ s buying surge was helped by weekend news about the trade agreement between the U.S and Europe. Headwinds could certainly cause a bit of a shake out, this as the Federal Reserve is anticipated to deliver its FOMC pronouncements tomorrow. Interest rates in the U.S are important, but it appears financial institutions have likely braced for the mantra from…

New Connecticut laws aim to tame surging prescription drug prices for patients, hospitals

July 29, 2025

Tack on a half-dozen zeros to your CVS receipt and you'll get a sense of the sticker shock afflicting state officials, insurers and hospitals dealing with the soaring cost of prescription drugs in Connecticut. Drug costs for hospitals in Connecticut rose at a higher rate in recent years compared to other Northeast states and have outpaced national averages,…

UnitedHealthcare dropping some Medicare Advantage plans, impacting 600,000

July 29, 2025

The Eden Prairie- based health care giant could also exit portions of the“ Obamacare” market where individuals use Affordable Care Act tax credits to buy coverage. A spokesman said it was too soon to predict any impact in Minnesota, where about 94,000 have the company’ s Medicare Advantage coverage. Patients’ medical care in Medicare Advantage has far exceeded…

Judge blocks Trump administration's efforts to defund Planned Parenthood

July 29, 2025

BOSTON– A federal judge has fully blocked a provision that would have effectively defunded Planned Parenthood centers throughout the country by barring them from receiving Medicaid reimbursements. The ruling, handed down by Massachusetts Federal Court Judge Indira Talwani Monday, ruled that Planned Parenthood facilities will have to be reimbursed for…

Best’s Market Segment Report: AM Best Maintains Stable Outlook on Vietnam’s Non-Life Insurance Segment

July 29, 2025

The Best’ s Market Segment Report,“ Market Segment Outlook: Vietnam Non-Life Insurance,” states that the country’ s core insurance segments are driving growth. Vietnam’ s real GDP growth accelerated to 7.1% in 2024, although heightened global trade uncertainty and economic slowdowns in key partner economies may weigh on Vietnam’ s export performance and affect…

Ask the Medicare Specialist

July 29, 2025

Question from Denise: I think I made a mistake in the Advantage Plan I chose before I turned 65 and became eligible for Medicare. My birthday was in March. I want to change to another company but was told I'm locked into this plan until January 1st.

The $2 billion a day problem of polarization

July 29, 2025

The company's "Keep It Juicy" campaign, voiced by actor Vince Vaughn, encourages Americans to reclaim everyday joy and civility. Meanwhile, Allstate, one of the nation's largest insurers, has launched a three-year initiative with the Aspen Institute to strengthen trust in communities. In a 2024 study, SHRM found that U.S. employers collectively lose more than $2…

Letter: Flood Insurance Relief Act would provide a non-refundable tax deduction for flood insurance premiums

July 29, 2025

U.S. Senators Ashley Moody and Rick Scott have introduced the Flood Insurance Relief Act to reduce the financial burden of rising flood insurance costs on homeowners. Related to this, I encourage reading a compelling article by Günther Thallinger, board member of Allianz SE, one of the world's largest insurance companies. It's titled, "Climate, Risk, Insurance:…

California’s property insurance apocalypse: Some progress, no immediate relief

July 29, 2025

During Orinda homeowner Yasaman Nazmi Lee "s home-insurance saga- one of millions playing out across California as the age of mega-fires drives insurers to pull back from coverage and raise prices- there was bad news, then good news. She trimmed the pricey premium to $11,000 by boosting her deductible to $25,000. Gavin Newsom, elected Insurance Commissioner…

Aetna to pull out of Virginia ACA marketplace next year

July 29, 2025

Starting next year, Aetna clients in Virginia and other states will no longer be able to purchase individual or family health insurance plans through the Affordable Care Act marketplace. More than 261,000 people in Virginia have Aetna health care, according to the Virginia Department of Medical Assistance Services, and the soon-to-be extinguished plans…

Already, U.S. Natural Disasters Drive Near-Record Global Insurance Losses in 2025 | Insurify

July 29, 2025

Insurers around the world lost $84 billion in the first half of 2025, the highest global loss since 2011, according to a new report from the reinsurance firm Gallagher Re. U.S. natural catastrophes accounted for an astounding 92% of global insured losses for climate- or weather-related damage, skewed by the costly Palisades and Eaton wildfires in California.

Property insurance apocalypse: Some progress, no immediate relief

July 29, 2025

During Orinda homeowner Yasaman Nazmi Lee "s home-insurance saga- one of millions playing out across California as the age of mega-fires drives insurers to pull back from coverage and raise prices- there was bad news, then good news. She trimmed the pricey premium to $11,000 by boosting her deductible to $25,000. Gavin Newsom, elected Insurance Commissioner…

State investigates firm accused of operating a Ponzi scheme

July 29, 2025

ATLANTA— Georgia Secretary of State Brad Raffensperger has launched an investigation into a company accused of operating a Ponzi scheme that bilked investors while funding political campaigns. The announcement follows a lawsuit filed in mid-July by the U.S. Securities and Exchange Commission against Edwin Brant Frost IV and his company First Liberty…

UnitedHealth falls short of second quarter expectations and offers weak outlook for 2025

July 29, 2025

UnitedHealth now expects adjusted earnings of at least $16 per share in 2025 after withdrawing its previous forecast in May. UnitedHealth Group Inc. runs one of the nation’ s largest health insurance and pharmacy benefits management businesses. The Eden Prairie, Minnesota, company also operates a growing Optum business that provides care and technology…

Local elected officials not necessarily entitled to health coverage, court rules

July 29, 2025

Local elected officials looking to reduce spending next year to adjust for the tax revenue reductions forced upon them by state lawmakers through Senate Enrolled Act 1 have a green-light from the Indiana Supreme Court to eliminate their own health insurance coverage. Perry County Councilman Keith Huck, a Republican from Tell City, objected to the…

Health insurance costs increasing for Twin Falls County government

July 29, 2025

Twin Falls County Commissioners on Thursday approved a 9.7% increase in health insurance premiums in an annual renewal of a contract with Select Health for the coming fiscal year, which begins Oct. 1. “Unfortunately, in this environment, health insurance hasn’ t slowed down in many, many years,” Commissioner Don Hall said.“ It just keeps going up.”.

USD/CAD Forecast: Tests 50-Day EMA Ahead of Fed and BoC Rate Decisions – 29 July 2025

July 29, 2025

The Wednesday session is going to be huge for this pair, because early in the day, we get the Bank of Canada releasing its interest rate decision, followed by the Federal Reserve a few hours later. Keep in mind that the Bank of Canada has a significant barrier to clarity at the moment, as the trade war between the Americans in the Canadians drags on.

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