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The week has been marked by increased geopolitical tensions in the Middle East. This is according to Carmen Borondo, Fixed Income Manager of the Sustainable Range at Santander Asset Management, who believes that the main impact of this conflict "depends on the duration of the closure of the Strait of Hormuz, through which around 20% of the world’s oil and gas…

The crisis in the Middle East, with attacks on Iran and the response of what remains of the Iranian regime in the area, has revived fears of a repeat of the economic and financial episode that occurred with the Russian invasion of Ukraine, uncertainty against growth and inflation. There have already been significant increases in oil and gas prices, and the Euribor…

The Trump administration is rolling out a $20 billion reinsurance program for ships that are worried about incurring losses due to the U.S.- Israeli on Iran and retaliatory strikes against oil-rich Gulf states. Oil prices have surged due to Iran’ s clampdown on the Strait of Hormuz, a vital oil artery, and production disruptions across the Middle East.

EAU CLAIRE— Local lawmakers are discussing bringing legislation which would expand access to BadgerCare, the state-run health insurance program for low-income residents. Members of Citizen Action of Wisconsin, a Wisconsin advocacy group, spoke to the bill and the challenges regarding health insurance costs on Friday. Kate Felton, a small business owner in…

The passage of medical malpractice reform is the most important public policy success in New Mexico in more than a decade. In addition to the medical malpractice bill, the Legislature entered New Mexico into the national doctor compact and enacted a $10,000 tax credit for physicians. It is cause for celebration, but please don't misunderstand, New Mexico still…

This week’ s economic calendar includes several important housing reports, including existing home sales, housing starts, and building permits. But the most consequential releases are likely to be the first reading on February consumer inflation and the delayed January report on personal consumption expenditures, or PCE, the Federal Reserve’ s preferred…

Broward County parents are reaching out to insurance regulators and Florida legislators, trying to force the state to intervene in the contract dispute between the public hospital systems and insurer Florida Blue. Kim Vasser, the Fort Lauderdale mother of an 8- year-old daughter with autism and a rare genetic syndrome, says her daughter has a team of…

Some 500,000 to 1 million U.S. nationals were living in or visiting the Middle East when the US and Israel launched its attack on Iran on February 28 without warning and without preparation or planning for getting civilians out of harm's way. Travelers in a dozen countries were impacted: Israel, Bahrain, Cyprus, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia,…

A medical malpractice reform that was years in the making is now the law of the land in New Mexico. “This, in fact, was a health care session,” Lujan Grisham said during the bill-signing ceremony.“ Congratulations to New Mexico, has all of the components to make this the best place to access, receive and provide care in America.”. Supporters of the bill have said the caps on…

The California Department of Insurance, Consumer Watchdog, and State Farm General Insurance Company today reached a three-party settlement agreement in the full rate hearing proceeding that is underway to review State Farm's emergency rate request. The agreement will provide financial relief to many policyholders while ensuring continued coverage…

Michigan families are sick and tired of the prices they have to pay for health care— to their insurance companies and out-of-pocket bills for appointments, medicine, and treatments. Instead, insurers wrote themselves a blank check— and Michigan families are paying for it through rising premiums, denied claims, and mounting medical debt. Average family premiums…

New Orleans East voters are headed back to the polls this month to settle a race between two attorneys hoping to represent the city's interests in the Legislature. Political newcomers Dana Henry, 52, and Kenya Rounds, 51, are in a runoff to fill the District 100 seat after neither got more than 50% of the vote in the February primary election.

I'll break down what's driving the uptick in delivery-vehicle collisions around Texas, why these incidents keep climbing, and what usually happens when insurance companies and law enforcement dig into these wrecks. If you're in the San Antonio area and looking for help after a crash, reaching out to a Texas road accident lawyer might be a smart move.

BATON ROUGE— Louisiana Insurance Commissioner Tim Temple is working with the National Association of Insurance Commissioners to establish a targeted discount rate for homeowners who install a fortified roof. In an earlier interview with the LSU Manship School News Service, Temple had said the department would ask companies to "begin the discounts between…

A proposal to temporarily increase a state tax on health insurance premiums to help cover a $1 billion shortfall in the state budget will impact Wellmark Blue Cross and Blue Shield, the state's largest health insurer, much less than the company originally feared, Wellmark officials and state administration leaders said Thursday. Kim Reynolds'…

Concerns for such care arose when Idaho Gov. Brad Little, a Republican, proposed cutting $22 million from Medicaid- the joint state-federal health insurance program for people with low incomes or disabilities- to balance the state budget. A four-hour town hall on the proposal in Idaho drew more than 500 people to the state capitol.

McDonald Rivet backs Farm Bill, cites Michigan priorities. She highlighted several provisions she supported, including safeguards against large-scale farmland purchases by foreign adversaries, expanded crop insurance access for beginning farmers and updates aimed at specialty crop producers such as those growing potatoes, dry beans, cherries and…