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Colorado's Medicaid costs exceed budget by $443 million

September 23, 2026

-Medicaid expenses are expected to be $443 million over the budget in Colorado in 2026-27.. That spending dilemma is in addition to Colorado recently being accused of owing the Centers for Medicare and Medicaid $8 million for faulty and inaccurate payments. For the 2026-2027 fiscal year, Colorado lawmakers appropriated $5.775 billion, according to the Sept….

GOVERNOR LAMONT ANNOUNCES NEW STATE TAX CREDIT TO HELP SMALL BUSINESSES OFFER HEALTH INSURANCE

September 23, 2026

The following information was released by the office of the Governor of Connecticut:. Governor Ned Lamont today announced that a new state tax credit is now available in Connecticut to help small businesses offer health insurance to their employees, and in turn get more individuals and families covered. Through this tax credit, we can encourage more small…

CFO OUTLOOK: STEADY OVERALL BUT WEAKER FOR SMALL AND FINANCIALLY CONSTRAINED FIRMS

September 23, 2026

The following information was released by the Federal Reserve Bank of Richmond:. The survey, a collaboration of Duke University's Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta, was fielded from Aug. 17 to Sept. 4. "Overall, CFOs remain optimistic about the U.S. economy and their own company's prospects," said Sonya Ravindranath…

USD/CAD Continues to Reflect Dollar Demand and Rate Expectation

September 23, 2026

Get Started 74% of retail CFD accounts lose money Read Review. Market expectations around the Federal Reserve have shifted in a more hawkish direction, with Kevin Warsh maintaining a hawkish stance. That keeps the possibility of higher US rates in the conversation, while Canada appears more likely to remain comparatively neutral.

AM Best Affirms Credit Ratings of Samsung Property & Casualty Insurance Company (China), Ltd.

September 23, 2026

The company is jointly owned by Samsung Fire& Marine Insurance Co. Ltd., Shenzhen Tencent Domain Computer Network Company Limited, and four minority shareholders. The company also benefits from the distribution capabilities and extensive market outreach of Tencent Domain’ s affiliated online platforms and overall management oversight.

AM Best Affirms Credit Ratings of Gulf Insurance Group K.S.C.P. and Gulf Insurance and Reinsurance Company K.S.C. (Closed)

September 23, 2026

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Gulf Insurance Group K.S.C.P. and Gulf Insurance and Reinsurance Company K.S.C.. The ratings also factor in the lift from GIG’ s ultimate parent company, Fairfax Financial Holding Limited, due to the strategic importance of GIG to Fairfax.

Gov. Jeff Landry announces new $20M grant program for fortified roofs in coastal Louisiana

September 23, 2026

Jeff Landry announced Monday that the state plans to redirect $20 million in federal funding originally meant for affordable housing to instead launch another fortified roof grant program for homes impacted by recent hurricanes. After storms in 2020 and 2021 caused homeowners insurance rates to shoot up, especially in coastal Louisiana, fortified roofs…

FEDERAL RESERVE BOARD ANNOUNCES APPROVAL OF APPLICATION BY BANCFIRST CORPORATION

September 23, 2026

The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Tuesday announced its approval of the application by BancFirst Corporation, of Oklahoma City, Oklahoma, to acquire and merge with Spirit BankCorp, Inc., of Bristow, Oklahoma, and thereby indirectly acquire SpiritBank, of Tulsa, Oklahoma. The Board also gave its…

Why Nevada drivers face some of the highest car insurance rates in the country

September 23, 2026

Nevada drivers pay some of the highest car insurance rates in the nation, and the state's top insurance regulator says the drivers themselves are largely to blame. Full-coverage car insurance, which combines liability, collision and comprehensive protection, averages $259 a month in Nevada, according to the insurance comparison site Insurify.

Federal Reserve Raises Interest Rates for First Time in Three Years

September 23, 2026

In a bid to combat inflation, the Federal Open Market Committee has raised the target of its federal funds rate from 3.50%-3.75% to 3.75%- 4.00% on Sept. 16. The FMOC, despite experiencing pressure to act by consumers, had not increased its target rate since July 2023. Federal Reserve Chair Kevin Warsh led the unanimous decision, stating in a press conference on the…

Most firms keep cash from tariff refunds, Fed study finds

September 23, 2026

The bulk of companies receiving billions in tariff refunds are mostly holding on to the cash, according to a survey released Monday by the Federal Reserve Bank of Atlanta. As of Sept. 11, approximately $134.7 billion in refund payments, including interest, had been paid out or accepted for processing, according to a court filing from U.S. Customs and Border…

Briner: Wake Med, Atrium Health merger threatens State Health Plan solvency

September 23, 2026

A day earlier, the Board of Commissioners in Wake County approved the hospital merger 5-2 in a five-hour meeting inclusive of disruptions, tense exchanges and clearance of the room by sheriff's deputies. The shadowy move by the board, all Democrats, to put the articles of incorporation and transfer agreement on a consent agenda on a Friday before a Monday…

MDJ Business Briefcase for 9/23/26

September 23, 2026

2026 Cobb Chamber Reed Leeper Classic is Sept. 28. The 2026 Cobb Chamber Reed Leeper Classic, one of the largest business golf tournaments in Cobb County, will be Sept. 28 at the Indian Hills Country Club, 4001 Clubland Drive in Marietta. Local firm recognized as one of Atlanta's Largest Insurance Brokers and Agents.

Abacus Global Management Completes Landmark $400 Million Securitization

September 23, 2026

Abacus Global Management, Inc., a financial services company specializing in alternative asset management, with a focus on longevity-based assets and personalized financial planning, today announced the closing of a dual-tranche securitization collateralized by a diversified portfolio of life insurance policies. The total structure is valued at over…

NEW YORK FED PRESIDENT JOHN C. WILLIAMS TO VISIT UB SEPT. 29

September 23, 2026

The following information was released by the University at Buffalo- SUNY:. BUFFALO, N.Y. Federal Reserve Bank of New York President John C. Williams will visit the University at Buffalo next week as part of a multiday visit to Western New York. Background: These meetings serve to inform Williams on regional issues and are part of the New York Feds ongoing efforts to…

As Health Insurance Costs Soar, Healthcare Workers Also Feel The Pinch

September 23, 2026

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,…

IMPLEMENTATION OF MEDICAID IMMIGRANT ELIGIBILITY RESTRICTIONS UNDER THE 2025 RECONCILIATION LAW: ISSUES TO CONSIDER

September 23, 2026

Authors: Akash Pillai, Alisha Rao, and Samantha Artiga. The 2025 reconciliation law includes new eligibility restrictions for many lawfully present immigrants for federally-funded health programs, including Medicaid and the Children's Health Insurance Program, subsidized Affordable Care Act Marketplace, and Medicare coverage. The eligibility…

COMMISSIONER LARA URGES CALIFORNIANS TO REVIEW INSURANCE COVERAGE BEFORE "LIKELY HISTORIC" EL NIO STORMS HIT

September 23, 2026

The following information was released by the California Department of Insurance:. Climate-intensified El Nio heightens flooding, mudslide, and debris-flow risks; Commissioner Lara urges consumers to consider flood insurance before 30- day waiting period since most homeowners and renter policies do not cover flooding. SACRAMENTO, Calif. Following…

ASSEMBLYWOMAN CELESTE RODRIGUEZ, LABOR, PLANNED PARENTHOOD, AND EDUCATORS CALL ON GOVERNOR TO ENSURE PREGNANT CALIFORNIANS CAN ACCESS HEALTH COVERAGE

September 23, 2026

The following information was released by the California State Assembly, Democratic Caucus:. Today Assemblywoman Celeste Rodriguez, United Nurses Associations of California, Planned Parenthood, and California Teachers Association gathered at the Pacoima Community Center, calling on Governor Newsom to sign Assembly Bill 2066, which aims to close a…

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