Newswires

Confidential financial oversight of insurance companies is a core function of the California Department of Insurance's consumer protection mission, similar to the U.S. Federal Reserve for U.S. banks. This forward-thinking approach— the first such regulation for any U.S. state— enhances the financial security of the state's policyholders and minimizes the…

WASHINGTON- Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer prices rose 4.2% in May from a year earlier, the Labor Department said Wednesday, up from 3.8% in April and the third straight…

Insurance companies commonly use protection class ratings— administered by the independent Washington Surveying and Rating Bureau every five years— to set fire insurance premiums. The Office of Insurance Commissioner contracted a group led by a former U.S. Insurance Commissioner Patty Kuderer delivered the report to members of the Senate and House…

The Centers for Medicare& Medicaid Services released the rules on June 1. That deadline was set last year in the GOP tax-and-spending law known as the One Big Beautiful Bill Act, which established a work requirement for certain people enrolled in Medicaid, the state-federal health insurance program for people with low incomes or disabilities.

The following information was released by the California Department of Insurance:. Confidential financial oversight of insurance companies is a core function of the California Department of Insurance's consumer protection mission, similar to the U.S. Federal Reserve for U.S. banks.

William R. Berkley, the founder and executive chairman of insurance holding company W.R. Berkley Corp., has died at the age of 80.. The announcement noted Berkley's founding of W.R. Berkley in 1967 and his pivotal role in the company becoming a leading commercial insurer and a Fortune 500 firm. "My father was more than an extraordinary leader and entrepreneur, whose…

The following information was released by the Federal Reserve Bank of Minneapolis:. Three community bank experts were appointed to an advisory council this spring by Federal Reserve Bank of Minneapolis President and CEO Neel Kashkari. The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington,…

The Colorado Supreme Court declined on Monday to expand its narrow prohibition on insurance companies accessing policyholders' medical information, clarifying that a dispute over an insurer's bad-faith decision to deny benefits is the only situation where a company is limited to the information it knew at the time of the decision. Eight years later,…

Senator Cindy Hyde-Smith sharply criticized the use of prior authorization by health insurance companies that often delay or even deny physician-prescribed care for patients. In a floor speech Tuesday, Hyde-Smith called on Congress to pass "practical, bipartisan" legislation she supports that would limit the ability of insurers to use prior…

Independent Health is requesting an average rate increase of 14.2% in the individual market, where it has nearly 4,100 members. On the small groups, in which Independent Health lists about 21,800 members, the insurer requested an increase of 11.4%. Excellus Health Plan, which does business in Western New York as Univera Healthcare, is seeking an average rate…

At a time when its public debt is already on a clearly unsustainable path, the French economy is being hit by an Iran- induced energy price shock, rising European Central bank interest rates, a slowing European economy, and heightened political uncertainty about France's political willingness to deal with its public finance problem. Years of deficit spending…

Thanks Obamacare…. which was sold to the public as a' fix' for sky rocketing health care costs/coverage. The average American family now pays over $2,200 a month for health insurance- that's more than the average monthly mortgage payment of $2,000. Locally, the Libby Community Health Center (CHC) is undergoing a HUGE expansion.. who, exactly is paying for that?

Fairview Health Services says it will block access next year to its hospitals and clinics for seniors with Medicare Advantage coverage from UnitedHealthcare. In email messages sent Thursday to about 11,000 patients, Minneapolis- based Fairview cited ongoing problems with coverage changes, denials and payment issues with UnitedHealthcare, the nation’ s…

2026 JUN 12– By a News Reporter-Staff News Editor at Insurance Daily News– Fresh data on Managed Care are presented in a new report. According to news reporting originating from Philadelphia, Pennsylvania, by NewsRx correspondents, research stated,“ Recent legislation will substantially reduce Medicaid spending and coverage but also created a temporary…

2026 JUN 12– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Managed Care. According to news reporting originating in Athens, Georgia, by NewsRx editors, the research stated,“ To examine whether Medicare Advantage plans affiliated with health systems adopt less restrictive prior authorization policies than…

2026 JUN 12– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators discuss new findings in Managed Care. According to news reporting originating in New Haven, Connecticut, by NewsRx journalists, research stated,“ Gender-based differences in representation, practice settings, sub-specialty, billings, and payments among radiologists are…

I am not receiving my Social Security check since I am still working part-time with no employer benefits; I only have individual health insurance. I need my Medicare and Part D plan to begin November 1. Joshua: Don't stress yourself about the Medicare Open Enrollment, also known as Medicare's Annual Enrollment Period, that begins Oct. 15, because you will be in your…

Fairview Health Services says it will block access next year to its hospitals and clinics for seniors with Medicare Advantage coverage from UnitedHealthcare. In email messages sent Thursday to about 11,000 patients, Minneapolis- based Fairview cited ongoing problems with coverage changes, denials and payment issues with UnitedHealthcare, the nation’ s…

Today, the House Financial Services Committee is holding a Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity field hearing, led by Task Force Chairman Frank Lucas, titled "Examining the Structure of the Federal Reserve System." "Today's field hearing of the Task Force on Monetary Policy, Treasury Market Resilience, and Economic…