Stocks drifted to a mixed finish after flirting with record highs. The action was stronger in the bond market, where Treasury yields sank following a discouraging report on how much money U.S. retailers made in December. That raised expectations that the Federal Reserve will cut interest rates later this year to boost the economy.
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A $2.67 billion class-action lawsuit involving Blue Cross Blue Shield is set to start sending payments this spring, more than five years after it initially was settled. More than 30 Blue Cross Blue Shield insurance plans first were sued in 2013, alleging that the health insurance network had violated antitrust laws by agreeing not to compete in selling…
While people have been quick to blame health insurers for the skyrocketing cost of health care in the U.S., the reality of the situation is more nuanced, and other factors have played a much bigger role in driving up costs. We explore some of those less-reported drivers of the high cost of health care in the country. […]
Insurance companies could be compelled to pay homeowners in Southern California who lost their homes in the January 2025 wildfires, if elected leaders have their way. During a news conference Monday evening at the Capitol, local leaders and homeowners from the Los Angeles area joined Assemblymember Tina McKinnor, D- Inglewood, to announce legislation is…
The following information was released by Massachusetts Senator Elizabeth Warren:. Today, Senators Elizabeth Warren and Josh Hawley introduced the Break Up Big Medicine Act to address rampant consolidation in the health care industry that drives up prices, squashes competition, and fuels corporate greed. The only way to make health care more affordable is…
The new survey analyzed the latest consumer finance data from the New York Federal Reserve and the U.S. Bureau of Labor Statistics. This comes at the same time as total household debt exceeded $18.59 trillion in quarter three of 2025, $900 billion behind the all-time high experienced during the 2008 financial crisis. U.S. Treasury Secretary Scott Bessent said…
Arch RoamRight, a leading provider of travel insurance solutions, is proud to announce a collaboration with Tern, the all-in-one operating platform for travel businesses. "We’ re thrilled to partner with Tern and become the first travel insurance provider available on their platform," said Cory Sobczyk, Regional Vice President, Arch RoamRight.
—Stocks are flirting with records on Wall Street Tuesday following a mixed set of profit reports from big U.S. companies, as Hasbro jumps but Coca-Cola slips. Hopes are also building that the Federal Reserve will cut interest rates later this year to boost the economy following a discouraging report on the strength of U.S. shoppers. On Wednesday, the U.S….
The new financial projections, filed this month in Ramsey County District Court, follow motions by some of Minnesota’ s largest health systems to intervene in the court-ordered rehabilitation and make sure they get paid for care provided to UCare members. Health systems including Allina, Hennepin Healthcare and Mayo Clinic have argued they need a more…
PHOENIX– A new lawsuit blames the state's Medicaid program for about 1,000 children with autism spectrum disorder for losing the therapy they need. What makes the state's Medicaid program liable, according to attorney Tim Nelson, is that AHCCCS approved the action by Mercy Care and Arizona Complete Health. All that stems from a dispute between the insurers and…
When Noah Hulsman, who owns a skate shop in Louisville, Kentucky, learned he no longer qualified for federal subsidies to help him pay for his "gold" Affordable Care Act health plan, the 37- year-old opted for skimpier coverage. Loretta Forbes realized she would have to drop her plan after her monthly ACA marketplace premiums jumped tenfold in 2026.
WASHINGTON D.C.– Is there a new Federal Reserve Chairman in town compliments of President Donald Trump? Warsh is a graduate of Stanford University and Harvard Law School and he began his career in the 1990 s working in mergers and acquisitions at Morgan Stanley. For a quick lesson, let us discuss what the Federal Reserve is and what it is not.
This Act consolidated the Bank Insurance Fund and the Savings Association Insurance Fund into a single Deposit Insurance Fund. Consolidating the funds removed legal and operational constraints that had previously limited how the Federal Deposit Insurance Corporation could adjust coverage or set premiums, giving regulators and Congress a simpler, more…
The following information was released by Public Citizen:. As the California Air Resources Board considers binding carbon emissions disclosure measures for large companies doing business in California, a coalition of 40 organizations today called on the board to close a loophole that would allow insurance companies across the state to skirt the…
The following information was released by the Centers for Medicare& Medicaid Services:. Today, the U.S. Department of Health and Human Services, through the Centers for Medicare and Medicaid Services, issued the proposed "Notice of Benefit and Payment Parameters" for the 2027 plan year that sets standards for the Health Insurance Exchanges, as well as for health…
As the California Air Resources Board considers binding carbon emissions disclosure measures for large companies doing business in California, a coalition of 40 organizations today called on the board to close a loophole that would allow insurance companies across the state to skirt the requirement, which would leave the public and investors in the dark…
2026 FEB 09– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ ASSURANCEAMERICA” by Randel S. Springer Womble Bond Dickinson LLP, representing AssuranceAmerica Corporation. This application was made available to the…
2026 FEB 09– By a News Reporter-Staff News Editor at Insurance Daily News– A new study on Managed Care is now available. According to news reporting from Ann Arbor, Michigan, by NewsRx journalists, research stated,“ To assess public attitudes about a variety of burden-reducing policies related to oral health services in the Medicaid program.
2026 FEB 09– By a News Reporter-Staff News Editor at Insurance Daily News– A new study on risk management is now available. Our news correspondents obtained a quote from the research from Coastal Carolina University:“ Using daily Morningstar data on 880 U.S. equity mutual funds, we construct portfolios representing high- and low-ESG-risk equities and examine…
