The U.S. war with Iran has added a new layer of uncertainty to the global economy. But disruptions from the conflict in Iran aren't likely to raise insurers' costs by that magnitude. If Americans drive 10% fewer miles in 2026, the average annual car insurance premium could fall to $2,209 by year's end.
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Californians with Trupanion, Figo, and PetPartners will see their insurance rates increase between 7.9% and 28.1% when their policies next come up for renewal. The California Department of Insurance approved a 28.1% rate increase request from American Pet Insurance Company, which underwrites Trupanion pet insurance in California. Independence American…
The following information was released by the Competitive Enterprise Institute:. Tennessee lawmakers recently passed the FAIR Rx Act, which would bar companies from owning pharmacies while also operating a pharmacy benefit manager and a health insurer in the state, targeting businesses like CVS. With Arkansas's similar law still tied up in court, Tennessee…
Apr. 24— Major health insurance carriers in Connecticut continue to violate the state's mental health parity law nearly seven years after its initial passage, adding to ongoing access gaps, according to a new report from the Department of Insurance. "I think it's shocking and frankly disgusting that all five of the companies in Connecticut violated this law,"…
The following information was released by the U.S. House of Representatives Committee on Financial Services:. Subcommittee Chairman Flood questioned witnesses on how the U.S. views catastrophic risk, to which Mr. Anthony Vidovich, Executive Vice President and General Counsel, Everest Group, replied, "The reinsurance industry is quite vibrant.
The following information was released by the Federal Reserve Bank of Dallas:. In response to recent developments in the global oil market, the Dallas Fed surveyed energy executives and issued an update to the first quarter Dallas Fed Energy Survey. Executives were asked when they expect traffic through the Strait of Hormuz to return to normal levels.
United States Representatives Jimmy Panetta and John Joyce, M.D. introduced the Medicare Advantage Improvement Act, legislation aimed at reforming the Medicare Advantage program and ensuring seniors receive timely, reliable access to the care they have earned and deserve. "Medicare Advantage plans too often leave seniors fighting their health insurance…
Nasdaq plans to go live with trading equities 23 hours day for five days a week on 6 December 2026 as part of its Always‑ On market initiative to advance the modernization of markets. Adena Friedman, chair and chief executive of Nasdaq, said on the first quarter results call on 23 April 2026 that the U.S. Securities and Exchange Commission approved the group's…
Teachers and staff in Sheridan School District could lose their health insurance starting May 1 as a teachers strike that began three weeks ago in the tiny Denver metro district drags on. Jared Polis' office to intervene in hopes of making progress on negotiations. Members of Polis' team met in his office Thursday morning with Superintendent Gionni Thompson,…
Hundreds of thousands of properties in Hawaii do not currently qualify for flood insurance, the report noted, and many remain uninsured or underinsured despite these growing environmental risks. Hawaii farmers, for instance, do not qualify for federal crop insurance since it is only available to large-scale, single-crop farms more commonly found on the U.S….
Immigration declines are leading to an employment slowdown in Texas, according to data from the Dallas Federal Reserve Bank. Based on four models, including projected national GDP, oil futures prices and the Texas and U.S. leading indexes, the report forecasts that jobs in Texas will grow by 1.4% in 2026, following a sluggish February for employment growth.
After Congress failed to extend deeper subsidies for Americans' health insurance, an estimated 30,000 more Idahoans who had insurance are likely to be uninsured this year. The report highlights how Idaho's health insurance market has changed this year— as consumers face premium hikes from insurance companies and Congress's decision to let enhanced…
Teachers and staff in Sheridan School District could lose their health insurance starting May 1 as a teachers strike that began three weeks ago in the tiny Denver metro district drags on. "This has been an incredibly challenging time for our entire school community, and I recognize the personal and professional strain that this situation may be placing on you…
For Meghan Lena, a special ed teacher in Massachusetts, the letter she got last spring from the company that manages her drug benefits really hurt. CVS Caremark said it was dropping Eli Lilly' s blockbuster obesity drug Zepbound from its coverage in July. Lena wound up switching to Novo Nordisk's Wegovy, CVS Caremark's preferred obesity drug, and was relieved that…
Josh Hawley in voting with Democrats to support the amendment to create a point of order against a budget reconciliation bill that fails to address insurance companies' delay or denial of medical care. "Think of the retired Georgia teacher who had paid over $100,000 into a cancer policy only to be diagnosed with cancer and have her insurance claims denied,"…
2026 APR 23– By a News Reporter-Staff News Editor at Entertainment Business Daily– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ ALLSTATE JUST ENOUGH” by April L. Besl Dinsmore& Shohl LLP, representing Allstate Insurance Company. This application was made available to the public on…
A Miami-Dade Circuit Court judge has ruled in favor of a cancer patient whose health insurer refused to cover a recurring $48,500 cancer treatment that could save his life. Thursday’ s ruling is a win for Doral resident Pablo Langesfeld, who has been in a back-and-forth with Oscar Health for months over the potentially lifesaving medication.
NEW YORK& MIAMI—- Agam Capital, a global leader in insurance-related asset and liability analytics, and 1823 Partners LLC, a differentiated asset management firm focused on insurance-first investment strategies, today announced that they have formed a long-term strategic partnership to serve global insurance companies. Anant Bhalla, Co-Founder and CEO of…
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the life insurance subsidiaries of Western& Southern Financial Group, Inc.. The WSFG subsidiaries included in this rating unit are The Western and Southern Life Insurance Company, Western-Southern Life…
