The December and Q4 GDP figures, set for release on Friday, will be closely watched by markets and the Bank of Canada (BoC) as policymakers assess the strength of the economy.
INN Insider News
State Farm has given California Insurance Commissioner Ricardo Lara a stark choice: Approve a rate increase consumer advocates say amounts to an average of $600 annually per household, or run the risk that California's largest insurer may drop even more policies across the state. State Farm, California's largest home insurer by far, told Lara that even if it…
Blue Cross Blue Shield of Massachusetts, the state’ s top insurer with 3 million members, said Friday it recorded an operating loss of $400.4 million for 2024, the largest in its history. Costs for five of those drugs— Ozempic, Mounjaro, Wegovy, Zepbound, and Saxenda— topped $300 million for Blue Cross alone last year, more than double what it spent in 2023.
Idaho House lawmakers introduced a revised version of a bill intended to control Medicaid costs. After an unusually long debate about whether to formally introduce the bill, which would make the bill available online to the public, the Idaho House Health and Welfare Committee on a unanimous voice vote Friday introduced House Bill 345. The […]
Uber has announced that excessive rideshare insurance requirements in certain U.S. states, including California, are raising costs for riders and limiting drivers’ ability to earn. The announcement was made on Uber’s website on February 18.
After announcing a proposal to create a state-sponsored fire insurance program in her State of the State address a month ago, Gov. Michelle Lujan Grisham will instead commission a study on the idea because her office failed to find a sponsor, according to a spokesperson for her office.
Prime Capital AG (“Prime Capital”) announces the results in its Absolute Return segment for 2024. The asset manager based in Frankfurt, known for offering a range of fund of hedge fund products designed to deliver returns with minimal correlation to equity and credit markets, achieved in 2024 its most successful performance to date. The funds…
A proposed initiative seeks to expand Houston private health insurance plans, offering better coverage options for independent workers and those without employer-sponsored insurance. The measure focuses on improving accessibility, affordability, and enrollment for those struggling to secure reliable health care coverage.
As an insurance agent serving Florida homeowners for decades, I have seen firsthand how the challenges of our state’s insurance market impact policyholders. A recent article in the Tampa Bay Times by Laurence Mower presents an incomplete and misleading view of our industry. It implies that insurers are funneling money to investors while crying poor.
US stocks rise after Fed's favorite inflation gauge matches forecasts. But lurking tariff and geopolitical risks keep indexes in the red this month.
US stocks rise after Fed's favorite inflation gauge matches forecasts. But lurking tariff and geopolitical risks keep indexes in the red this month.
Investing Passive income is characterized by its ability to generate revenue without requiring the earner’s continuous active effort, making it a desirable financial strategy for those seeking to diversify their income streams or achieve financial independence. The more passive income can help cover rising costs like mortgages, insurance, taxes, and other expenses, the easier it…
At a town hall this week hosted by Democratic U.S. Rep. Sheila Cherfilus-McCormick on “The Future of Medicaid, Medicare, and Social Security,” extending the tax credits for private health insurance was one of the topics of discussion.
First American Bank grew its stake in shares of Costco Wholesale Co. (NASDAQ:COST – Free Report) by 93.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 581 shares of the retailer’s stock after purchasing an additional 281 shares during the…
Illumine Investment Management LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,046 shares of the semiconductor company’s stock, valued at…
BENTON – U.S. District Judge Staci Yandle excluded lawyer Joseph Bleyer of Marion from testifying as an expert at a trial about legal malpractice in a St. Clair County case. On Feb. 23 she wrote, “He has never handled a legal malpractice case and has no particular knowledge, experience or training in the area of…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. February 28, 2025 For release at 11:00 a.m. EST The Federal Reserve Board in March will begin its regular study of household finances, the Survey of Consumer Finances, which provides the public and policymakers with detailed…
What companies are in the consumer services field? With the services sector contributing 80% of the UK’s GDP and employing over 30 million people, consumer services drive global economies. Explore top companies in retail, finance, healthcare, and more—shaping a market projected to reach $8.1 trillion by 2027. The consumer services field is a vast and […] The post What…
From the New York Times on Feb. 25, 2025: " Republicans are considering lowering the 90 percent share that the federal government is required to pay to states that enroll participants in the expansion. The change could generate $560 billion in savings over a decade, money that Republicans want to use toward extending Mr. Trump's 2017 tax cuts, which are set to expire…
