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Fewer North Carolinians are using the Affordable Care Act to get insurance

May 12, 2026

Data: KFF; Note: Enhanced ACA subsidies began in 2021 and ended in 2025.; Chart: Zachery Eanes/Axios The number of North Carolinians enrolled in health insurance plans through the Affordable Care Act has fallen significantly this year. More than 200,000 fewer people are getting insurance via the program this year, according to data compiled by KFF. Why it matters: The drop came…

Pennie coverage drops amid rising health care premiums

May 12, 2026

Pennsylvania’s Affordable Care Act marketplace has seen health insurance cancellations skyrocket so far this year. The big picture: Spiking insurance premiums, driven in part by recently expired federal subsidies, are pushing enrollment down, as higher costs for energy, gas and food strain household budgets. State of play: Roughly 45,000 Pennsylvanians have dropped coverage through…

AME Church pension crisis reaches turning point with $44M settlement

May 12, 2026

Retired AME Church ministers who sued over missing pension funds in an alleged embezzlement scheme settled with a life insurance group in a major resolution.

UK Litigation Finance Enters Tokenized Markets with First Public Rated Senior Secured Digital Bond on Canton Network

May 12, 2026

MONTREAL/ LONDON/ NEW YORK, May 12, 2026– Structured by T-RIZE Group, the Kairos Digital Loan Notes High-Yield programme opens with an initial $50 million tranche available to eligible institutional and qualified investors through regulated broker-dealers, including Texture Capital and Black Manta Capital Partners. T-RIZE Group today announced the…

JPMorgan Chase & Co. $JPM Shares Purchased by Danica Pension Livsforsikringsaktieselskab

May 12, 2026

Danica Pension Livsforsikringsaktieselskab boosted its stake in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 21.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 184,229 shares of the financial services provider’s stock after acquiring an additional 32,206 shares during…

Omnicom Group Inc. $OMC Shares Acquired by First Eagle Investment Management LLC

May 12, 2026

First Eagle Investment Management LLC raised its holdings in shares of Omnicom Group Inc. (NYSE:OMC – Free Report) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,352,034 shares of the business services provider’s stock after purchasing an additional…

Loss of federal healthcare tax credits makes many Marylanders feel the pinch

May 12, 2026

By AMELIA TWYMAN Capital News Service Self-employed piano and voice teacher Alice Goldberg of Cheverly, Maryland, was paying only $28 a month for health insurance last year thanks to a combination of state and federal subsidies that covered a significant portion of her costs. But now Goldberg’s federal subsidy has gone away, leaving her with […] The post Loss of federal…

Americans fear high hospital bills

May 12, 2026

Nearly 97% of the 1,507 Americans surveyed in February by financial services firm JG Wentworth said they had health insurance. In JG Wentworth's poll, 85.1% of respondents said they already had medical debt, and 81.3% owed $1,000 to $10,000. "While health insurance is in place to reduce your medical costs, it doesn't eliminate them entirely," a JG Wentworth…

K-shaped economy is real, per New York Fed research

May 12, 2026

Data: Federal Reserve Bank of New York; Chart: Courtenay Brown/Axios The uncomfortable new normal for the U.S. economy: spending growth concentrated at the top of the income ladder, a split largely explained by wealth gains from financial assets. Why it matters: The K-shaped economy is real, though it is not particularly new. That’s the conclusion of research out Friday morning…

Kevin Warsh’s challenges become clear after Fed chair Powell’s last hurrah

May 12, 2026

When Kevin Warsh takes over as Federal Reserve chair, he will face vocal internal opposition to any attempts to cut rates prematurely. His predecessor will also still be roaming the halls. Why it matters: Taken together, Wednesday’s news out of the William McChesney Martin Jr. Building means that Warsh will face serious constraints if he wants to rapidly steer the Fed in ways that…

Powell to remain as Fed governor, denying Trump a key vacancy

May 12, 2026

Federal Reserve chair Jerome Powell said on Wednesday that he will remain a central bank governor "for a period of time to be determined," citing attempted political interference. Why it matters: It extends Powell’s influence over monetary policy beyond the conclusion of his term as Fed chair on May 15. His term as one of seven Fed governors extends through January 2028. It denies…

Fed holds rates steady amid the most dissents in decades

May 12, 2026

The Federal Reserve left interest rates steady Wednesday in what was almost certainly Jerome Powell’s final meeting as its leader, but there were the most internal dissents at a Fed meeting in 34 years. The big picture: The surprising dissents show that Kevin Warsh, whose confirmation to lead the Fed is pending in the Senate, will face significant internal resistance to delivering…

Vinci Compass Investments Q1 Earnings Call Highlights

May 11, 2026

Vinci Compass Investments NASDAQ: VINP reported record fee-related earnings for the first quarter of 2026, with management highlighting growth in assets under management, contributions from the Verde consolidation and continued expansion across Latin America.

How Do You Dispute a Contractor’s Insurance Claim

May 11, 2026

Property and casualty insurance companies process millions of claims annually, according to the Insurance Information Institute. This includes those related to contractor and construction damage. There are several disputes regarding contractors’ insurance claims in the US involving challenging the findings, payout amount, or denial decision made by an insurance company after…

Kansas state employees retain choice of Blue Cross, Aetna for health insurance

May 11, 2026

TOPEKA — Kansas state employees can choose between two health insurance companies after the Health Care Commission voted Monday to move forward with Aetna and Blue Cross Blue Shield of Kansas. Commission members debated whether to choose Aetna, dropping Blue Cross, for the state’s health insurance beginning Jan. 1, 2027, to save an estimated $240…

Michigan Auto Insurance Change: Why Personal Injury Coverage Adjustments Are Raising Premiums This Month

May 11, 2026

Many Michigan drivers expected auto insurance costs to keep falling after the state’s major no-fault reform changes. Instead, some residents are opening renewal notices this month and discovering that premiums are rising again, particularly in policies tied to Personal Injury Protection coverage. The latest increases are connected to ongoing adjustments involving PIP selections,…

Diagnosis for 5.11.26: Checking the pulse of Florida healthcare news and policy

May 11, 2026

Welcome back to Diagnosis, a vertical focused on the intersection of healthcare policy and politics. ___ New budget bills released before the Special Session show that the House is sticking to one of its main priorities from the Regular Session.

MetLife Q1 Earnings Call Highlights

May 11, 2026

MetLife NYSE: MET reported a strong start to 2026, with executives telling analysts that first-quarter results reflected broad-based growth across its operating businesses, favorable underwriting trends and disciplined capital management under its New Frontier strategy.

How Russia Circumvents Oil Sanctions and What Washington Can Do to Stop It

May 11, 2026

The tanker ship Viktor Titov is illustrative of a systemic issue posed by Russia’s circumvention of sanctions that Western policymakers have so far been unable to meaningfully address. As part of Western countries’ sanctions regime against Russia since the outbreak of the Ukraine war, Washington unrolled its largest action package in January 2025, targeting 183 vessels that…

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