The following information was released by the New Jersey Department of Banking and Insurance:. More than 509,000 New Jersey residents enrolled in health insurance coverage for 2026 through Get Covered New Jersey, the state's Official Health Insurance Marketplace, during the Open Enrollment Period. Of the 509,192 residents enrolled during the Open…
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If confirmed, Kevin Warsh will take over the Federal Reserve at a time of radical new challenges for central bankers. U.S. unemployment at 4.3% is reasonably low, but one-quarter of the jobless have been seeking positions for more than six months. Mr. Warsh and others characterize this as an excessive increase in the Fed’ s footprint in the economy and something…
San Diego will pay more than $6 million to a group of insurance companies that paid out property owners’ claims from January 2024 floods, after the City Council granted final approval Tuesday to a settlement. It’ s the first major settlement as the city litigates dozens of lawsuits over flooding that destroyed homes and displaced residents, most in the Chollas…
When Mystic resident Lee Burdette Williams' health insurance premiums skyrocketed this year, she and her spouse had to dip into their savings and use a large portion of their paychecks to cover the $2,500 monthly cost. But Williams, who will be the guest of U.S. Rep. Joe Courtney, D- 2nd District, at the State of the Union Tuesday night, said despite that impact on their…
2026 FEB 24– By a News Reporter-Staff News Editor at Politics, Law& Government Daily– Investigators publish new report on Managed Care. According to news reporting originating from Farmington, Connecticut, by NewsRx correspondents, research stated,“ Approximately one-third of older Americans experience a nursing home stay within 3 months of death, but it is…
Jeff Landry is asking the state-created Louisiana Workers’ Compensation Corp. to use its balance sheet to help pay for stronger roofs for homeowners in a bid to alleviate a homeowners insurance crisis that has proved an enduring political problem. But the Louisiana Department of Insurance spends about $30 million a year on grants to homeowners to help put…
A new report found that nearly 10% of median household income in Missouri and Kansas goes toward deductibles and premiums. Health care costs are rising in Missouri and Kansas, especially for workers who get coverage through their employers. In Missouri, the cost of premiums and deductibles combined ate up 9.6% of a family's household income when they were…
2026 FEB 24– By a News Reporter-Staff News Editor at Insurance Daily News– Data detailed on Coronavirus- COVID-19 have been presented. This study investigated racial/ethnic, metropolitan, and healthcare access disparities in Long COVID among U.S. adults.”. Our news editors obtained a quote from the research from California Polytechnic State University,“…
At first glance, the website the Trump administration launched on Feb. 5 appears to be a solid effort to address the health care affordability crisis affecting millions of Americans. Dubbed " TrumpRx.gov," the cost-free, government-run website is intended to help people without health insurance afford prescription drugs. "You're going to save a fortune,"…
Universal Insurance Holdings reported fourth quarter and full year 2025 results. Net income available to common stockholders was $66.6 million, up from net income of $6.0 million in the prior year quarter, and adjusted net income available to common stockholders was $63.3 million, up from adjusted net income of $7.2 million in the prior year quarter.
Kathy Castor announced that Tampa small business owner Linda Misner will join her as her guest to President Trump's State of the Union address to highlight how Republicans in Congress and the Trump Administration are driving up health care costs for working families and small business owners while giving massive tax giveaways for the wealthy and…
As reported today in POLITICO's Morning Money and ahead of the State of the Union, Senators Angela Alsobrooks, Senate Minority Leader Chuck Schumer, Senate Banking Committee Ranking Member Elizabeth Warren, and Senate Finance Committee Ranking Member Ron Wyden led colleagues in demanding answers from White House National Economic Council Director Kevin…
AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to A from A+ and the Long-Term Issuer Credit Rating to“ a” from“ aa-” of Travelers Insurance Company of Canada. At the same time, AM Best has removed from under review with developing implications and affirmed the FSR of A- and the Long-Term ICR of“ a-” of The…
New Beaver Borough recently received a $48,000 Lawrence County Conservation District grant to repair drainage issues on Britton Road Extension. Councilman Joe Gubish originally expected the cost to be around $100,000. During its Feb. 9 meeting, council accepted the annual Pennsylvania Intergovernmental Risk Management Association insurance renewal…
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” for the members of Mercury Casualty Group. However, net of reinsurance recoverables, the company recorded just $380 million in net catastrophe losses and loss adjustment expenses, compared with $2.2 billion on a…
Dan Howell, R- Cleveland, and State Sen. Bo Watson, R- Hixson, have introduced legislation to strengthen consumer protections in health insurance by establishing safeguards on the use of artificial intelligence in coverage decisions, enhancing reimbursement protections and creating a new oversight commission to review insurance complaints.
New York Life today announced the appointment of Braden Draggoo as the company’ s 2025 Council President, a once-in-a-career honor afforded to the top-ranking individual among the company’ s more than 12,000 advisors and agents. “We are proud to recognize Braden as Council President and celebrate his remarkable success,” said Sonali Virendra, senior vice…
The high-profile abduction of Nancy Guthrie is focusing new attention on a little-known, but quickly growing, segment of the insurance industry known as "kidnap and ransom" in which underwriters cover clients at risk from criminals at home and abroad. As of Monday, the fate of Nancy Guthrie remained unknown. The FBI describes the prime suspect as a male between 5…
Symetra Life Insurance Company announced several new enhancements to its suite of fixed indexed annuities, including new crediting strategies, improved certainty and flexibility, and the addition of the Franklin Large Cap Value 15% ER Index. Symetra Edge Elite, Symetra Edge Frontier and Symetra Edge Revolution are single-premium fixed indexed annuities…
