2026 OCT 02– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Current study results on Insurance have been published. For more information on this research see: Regulatory Competition In the Us Life Insurance Industry. Journal of Political Economy, 2026. Journal of Political Economy can be contacted at: Univ Chicago Press, 1427 E 60 TH St,…
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AM Best has commented that the Short Term Issuer Credit Ratings of AMB-1+ of Pacific Life Insurance Company’ s recently amended commercial paper program remain unchanged following the announcement of an increase in its size to $2.25 billion from the previous $1 billion level, which took effect Sept. 30, 2026. AM Best recognizes that the amended program will…
Dave Min and Johnny Olszewski introduced the Community Disaster Protection Act, which would establish a five-year pilot program under the Federal Emergency Management Agency to help local governments and community organizations design community-based catastrophe insurance that will help Americans in the most high-risk areas access affordable…
Healthcare workers see rising insurance costs Healthcare workers face soaring health insurance costs
BOISE, Idaho- Joshua and Ashley Durham run a family medicine practice, and for the first time in their lives, they have no health insurance. "It's nerve-racking," said Joshua Durham, 47. "It just takes, you know, one little accident, and then you got a big fat bill." Nationwide, 7% of all healthcare workers were uninsured in 2024, compared with 11% of all adults under 65,…
Franklin County is accepting applications for a case aide position with its Children and Youth Services department. The county offers benefits for full-time employees, including a pension plan, 11 paid holidays, 24 paid-time-off days, health insurance, health and flexible spending accounts, vision and dental plans, tuition reimbursement, wellness programs,…
Roughly 10,000 immigrants in Washington are losing their Medicaid health coverage due to federal cuts Republicans in Congress approved last year. On Thursday, a provision in President Donald Trump's signature tax cut and spending law stripped Medicaid coverage for refugees, asylees and other lawfully present immigrants, including people who fled the war…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the primary life insurance subsidiaries of Protective Life Corporation, collectively known as Protective Life. Additionally, AM Best has affirmed the Long-Term ICR of“ a-” and the existing Long-Term Issue Credit Ratings of Protective Life Corporation.
Lancaster County's new risk management director brought a number of concerns to the County Board Thursday, including 21 uninsured vehicles and federal criticism of the values assigned to county-owned property. Robles said the state of Nebraska, Douglas County and the city of Lincoln already have such tip systems in place. Robles said the Federal Emergency…
It is a pleasure to be with you to discuss our work at the Federal Reserve Board and how it interacts with the U.S. Treasury market plays a foundational role in the U.S. economy. As the Treasury market grew over time, it became apparent that the eSLR was imposing a binding constraint on many large bank dealers, curtailing their capacity to provide liquidity to this…
Among all the Federal Reserve's accomplishments over the years, I consider FRED to be the greatest public good that we have ever created. A crucial reason for that reputation and success has been the willingness of the leaders of the Federal Reserve Bank of St. Louis to keep their eyes on the horizon of what FRED could be, as a tool for users around the world to…
The operating subsidiaries are Mortgage Guaranty Insurance Corporation, MGIC Indemnity Corporation and MGIC Assurance Corporation. All companies are domiciled in Milwaukee, WI. The outlook of these Credit Ratings is stable. AM Best assess MGIC’ s business profile as limited because the company is focused on U.S. single-family mortgage risk.
A major Western New York urology and cancer care provider is separating from Kaleida Health, rebranding its business and negotiating new contracts with health insurers. Effective Jan. 13, 2027, Western New York Urology Associates providers will transition to Great Lakes Urology, Cancer Care of Western New York providers will transition to Great Lakes…
U.S. employers added just 29,000 jobs in September, well below expectations, while the unemployment rate rose to 4.2%, the Bureau of Labor Statistics reported Friday. "For the, this number should be the nail in the coffin for an October hike," Thomas Simons, chief U.S. economist for Jeffries, said of a Federal Reserve benchmark interest rate increase.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Enact Re Ltd.. The outlook of these Credit Ratings is stable. ERL is a Class 3 A Bermuda reinsurer and a direct subsidiary of Enact Mortgage Insurance Corporation, the flagship private mortgage insurer within the Enact Holdings, Inc. organization.
Another Iowa lawsuit has been filed based on claims of illegal wagering on people's life expectancy through insurance policies. The lawsuit involves the late George A. Neukom Jr. of Florida and two multimillion-dollar insurance policies that were allegedly taken out on Neukom's life by people unknown to him. In the newly filed Iowa lawsuit, Neukom's estate is…
Walt Disney, Bloomberg, Starbucks and Deloitte are among those taking actions next year to rein in healthcare spending, from restricting spousal coverage to eliminating plan options or cutting drug benefits to deal with soaring costs. Insurer Aon predicted even higher costs, with U.S. employer healthcare costs increasing 9.5% next year, pushing average…
An Edina ophthalmologist had to quickly resurrect his business this week after UnitedHealthcare incorrectly told some of his patients he was dead. Richard Johnston’ s clinic in Edina started fielding calls last week from anxious patients who received the mistaken news in letters from their health insurer. Blue Cross and Blue Shield of Minnesota and…
A car crash can be over in seconds. The National Association of Insurance Commissioners says some states set specific deadlines for insurance claims, while others simply require insurers to pay claims within a "prompt and reasonable" time. To compare how those timelines vary, Temple Injury Law, a personal injury law firm, reviewed claims-settlement provisions…
BOISE, Idaho— Joshua and Ashley Durham run a family medicine practice, and for the first time in their lives, they have no health insurance. "It's nerve-racking," said Joshua Durham, 47. "It just takes, you know, one little accident, and then you got a big fat bill." Nationwide, 7% of all healthcare workers were uninsured in 2024, compared with 11% of all adults under 65,…