The following information was released by the office of the New York Attorney General:. New York Attorney General Letitia James today released the Office of the Attorney General's 2025 Health Care Bureau Annual Report, detailing how the office helped thousands of New Yorkers resolve health care disputes, correct medical billing errors, and obtain necessary…
Between 2023 and 2024, 126 hospitals across the U.S. shut down their inpatient psychiatric units, according to data provided to Stateline by the American Hospital Association. "are often in the red, and, for lack of a better word, kind of subsidized by the rest of the health system," said Sarah Steverman of the National Association for Behavioral Healthcare.
–Home and auto insurance providers in Illinois could face new oversight and regulation after a Senate bill recently passed the House, despite concerns from Republican lawmakers and insurance industry groups. An agent for State Farm, Keicher said his concerns are only in the interest of his constituents. “My biggest concern as a member of the industry is…
Billed as an effort to tackle affordability issues in the state, a new proposal pitched last week by an Orange County legislator would offer a full state income tax deduction for homeowners insurance premiums. Editor "s note: Sacramento Snapshot is a weekly series during the legislative session detailing what Orange County" s representatives in the Assembly…
PLEASANT GROVE, UTAH- March 23, 2026- Beauty& Bodywork Insurance, a provider of niche insurance products designed for beauty, wellness, and bodywork professionals nationwide, today released new industry data drawn from real insurance claims with 2025 dates of loss, paired with findings from a nationwide consumer survey. The report offers a closer look at the…
The following information was released by the office of the Governor of Hawaii:. With more severe weather in the forecast, the Hawai'i Department of Commerce and Consumer Affairs Insurance Division encourages residents to know what their policies cover so they can efficiently recover any losses after the storm passes. Flood insurance is separate from…
China will maintain a supportive monetary policy stance to create a favorable monetary and financial environment for stable economic growth, high-quality development, and the smooth operation of financial markets, the central bank governor said on Sunday. Pan Gongsheng, governor of the People's Bank of China, made the remarks at the China Development Forum…
Everest Group, Ltd., a global specialty reinsurance and insurance leader, today announced that it has signed a definitive agreement to sell its Canadian Retail Insurance operations, Everest Insurance Company of Canada, to The Wawanesa Mutual Insurance Company. This transaction marks another decisive step in Everest’ s strategic repositioning and advances…
-The Federal Reserve voted Wednesday to keep its benchmark interest rate unchanged, holding it in the 3.5% to 3.75% range for the second consecutive meeting as policymakers confront a murky economic landscape shaped in part by the expanding U.S. war in Iran. In its post meeting statement, the Fed said economic uncertainty remains elevated, noting that the full…
These preliminary results are detailed in a new Best’ s Special Report, titled,“ First Look: 2025 US Property/Casualty Financial Results,” and the data is derived from companies’ annual statutory statements received as of March 9, representing an estimated 96% of the P/C industry’ s net premiums written. The P/C industry also saw a 9% increase in net investment…
NEW YORK& LONDON—- Starr, a global investment and insurance organization, today announced that it has completed its acquisition of IQUW Group, creating a broader, more diversified specialty insurance platform with enhanced capabilities across the London market, Bermuda and UK retail motor. With IQUW Group, Starr has strengthened its position in the London…
In healthcare administration, few processes are as critical as physician credentialing. The process determines whether physicians can participate in insurance networks and be reimbursed for patient care. According to Stewart Garner, principal in Kassouf's Healthcare Tax and Advisory Group, many of the current administrative pressures stem from the…
BOSTON& ZURICH—- Berkshire Hathaway Specialty Insurance today announced the introduction of two new Executive First D&O Liability Insurance policies in Switzerland: one tailored for commercial and industrial organizations and another for financial institutions and investment managers. In addition to Executive First D&O Liability Insurance, BHSI’ s…
However, with spending lower year-on-year and increases in missed payments, the financial pressures that were a feature of the UK economy for the majority of 2025 have continued into the new year, requiring risk and collections teams to remain vigilant. Spending fell by 9.4% month-on-month to an average of £755; 1.8% lower than January 2025 this is a clear…
BOSTON— Massachusetts is being investigated by the Trump administration for alleged violations of federal law over a 2023 state mandate requiring private health insurers to cover abortion services. The U.S. Department of Health and Human Services said Thursday it has launched investigations of Massachusetts and a dozen other states over claims they are…
For decades, Connecticut and federal lawmakers have tried in vain to rein in medical costs as expenses have continued to soar for patients and employers. The 36- page bill calls for the creation of a new "Connecticut Option" and the Connecticut Affordable Health Insurance Trust Fund that would include $200 million from an emergency response fund of $500…
Parveen Vohra and Ken Warner had an expensive year in 2025. They're in their mid-50s, and they live in Manchester, Conn., with two dogs and three cats. "In 2025, we were paying $630 per month total to cover the two of us for the medical, and it was like another $100 for the dental," Warner explains.
About 9% said they had to forgo insurance, according to the survey by KFF, a health information nonprofit that includes KFF Health News. He didn't qualify for enough of a tax credit to defray the cost, he said, after Congress gridlocked on an extension of more-generous subsidies put in place under President Joe Biden. "As it happened, the Lord provided and my…
The U.S. health insurance industry relies heavily on private markets, but these markets are highly concentrated and are growing more so over time. “The U.S. health insurance system will work only as well as the health insurance markets that underpin it,” says Martin Gaynor, emeritus professor of economics and public policy at Carnegie Mellon’ s Heinz College, who…
