The latest data released by the Bureau of Labor Statistics shows that in January the annual inflation rate rose to 3%. Recall the Federal Reserve’s target, set when inflation was more than 9% in June 2022, was 2%. We never reached that target, yet Fed Chair Jerome Powell cut interest rates three times in the…
INN Insider News
General Motors and its OnStar subsidiary deceived Arkansas consumers and unjustly enriched themselves by selling driver data that resulted in higher insurance premiums and denial of coverage, according to a lawsuit filed Wednesday. In a complaint filed in Phillips County, Attorney General Tim Griffin alleges GM and OnStar violated the Arkansas Deceptive Trade Practices Act […]
Growing financial uncertainty in public health programs is leading individuals to seek alternatives. Frisco Self Employed Health Insurance offers flexible and stable coverage, ensuring continued access to healthcare without reliance on unpredictable government-funded plans
Punta Gorda Republican Rep. Vanessa Oliver is backing a measure (HB 1085) to transfer the operation of the Children’s Medical Services (CMS) Managed Care Plan from the Department of Health (DOH) to the Agency for Health Care Administration (AHCA).
The House's budget resolution seeks $2 trillion in federal savings. If the Senate adopts the resolution, lawmaker could target Medicaid savings.
WASHINGTON — President Donald Trump signed an executive order on Tuesday aimed at reinforcing rules to make health care prices more transparent for patients. The order directs the Treasury Department, Labor Department and Health and Human Services to enforce a set of regulations from Trump’s first term that called for hospitals and health insurers to publicly disclose their…
Billionaire hedge-fund manager and New York Mets owner Steve Cohen sounded the alarm on the US economy, warning that growth is set to slow in the second half of the year due to tariff concerns, stricter immigration policies and government-spending cuts led by Elon Musk. The Point72 Asset Management founder cautioned that persistent inflation, sluggish…
A probe into auto insurance fraud across Southern California has led to arrests of 16 people involved in an alleged scheme that preyed on car accident victims in the Inland Empire, and has prompted the California Department of Insurance to warn drivers about tow truck companies holding vehicles hostage for cash. Investigators discovered that a non-sworn…
Choosing a health insurance policy that suits your personal needs is a very important decision to ensure access to quality medical care and avoid unforeseen expenses. In Spain, the insurance market has a wide variety of options to suit different needs and budgets. Although public health care in Spain is of high quality, there are situations in which private…
International General Insurance Holdings Ltd. (NASDAQ:IGIC – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday following a better than expected earnings announcement. The company traded as high as $27.76 and last traded at $27.33, with a volume of 33039 shares. The stock had previously closed at $26.37.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) announced its quarterly earnings results on Wednesday. The business services provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.01, Zacks reports. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. Verisk Analytics updated…
Safety Insurance Group, Inc. (NASDAQ:SAFT – Get Free Report) gapped down prior to trading on Wednesday following a weaker than expected earnings announcement. The stock had previously closed at $79.67, but opened at $76.49. Safety Insurance Group shares last traded at $74.68, with a volume of 24,419 shares.
In the case of Abira Medical Laboratories, LLC v. Freedom Life Insurance Co., No. 2:24-CV-02110-JHS (E.D. Pa. Jan. 10, 2025 Slomsky, J.), the Eastern District Federal Court of Pennsylvania, addressing a question of first impression, held that a Defendant foreign insurance company did not consent to general personal jurisdiction in Pennsylvania to be sued by a private party on its…
If these critical tax credits are not renewed this year, hundreds of thousands of vulnerable Pennsylvanians will be hit with significant health insurance premium increases in 2026, putting affordable care out of reach and potentially having dire effects on public health.
Expectations about future inflation have begun to rise, according to metrics observed by officials at the Federal Reserve, the central bank of the United States. So far, the data, including a survey by the University of Michigan and market expectations, does not suggest that the perception of inflation is getting out of hand. "This is the kind of thing that can…
As New Mexico becomes increasingly prone to wildfire, home insurance companies in New Mexico are jacking up premiums or canceling policies. Lawmakers and the state’s insurance regulator are mulling multiple proposals that aim to mitigate wildfire risk and help New Mexicans get enough coverage to protect what is, for many, their only asset.
U.S. inflation accelerated last month as the cost of groceries, gasoline, and rents rose, a worrying trend for families and businesses grappling with higher costs. This development is likely to reinforce the Federal Reserve’s stance to delay further interest rate cuts. The consumer price index increased by 3% in January from a year ago, up…
Mark Uyeda, the new acting chair at the Securities and Exchange Commission (SEC), is wasting no time in making changes under the new Donald Trump administration. According to The New York Times, the agency has scaled back its cryptocurrency enforcement unit by reassigning 50 lawyers and other staff members who had been working on regulating…
The first exchange-traded fund based on the popular cryptocurrency XRP is about to be launched in Brazil. Advertisement According to the Comissão de Valores Mobiliários (CVM), which is basically the equivalent of the Securities and Exchange Commission in the Latin American country, Hashdex, a well-known asset management firm specializing in crypto investments, has received…
