The U.S. dollar headed for its steepest weekly drop in four months on Thursday as investors bet on further monetary easing, amid pressure from President Donald Trump to cut rates. U.S. markets are shut for Thanksgiving, leaving liquidity thin and amplifying trading moves. Mark Haefele, chief investment officer at UBS Global Wealth Management, urged investors to…
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Even after she escaped rising floodwaters by wading away from her home in chest-deep water during Hurricane Rita in 2005, Sandra Rojas, now 69, stayed put. A fifth-generation resident of Lafitte, Louisiana, a small coastal community, she raised her home with stilts. But this year, her annual home insurance premium increased to $8,312, more than doubling over the…
Nov. 26— HARTFORD— Tens of thousands of Connecticut consumers are signing up for health insurance in 2026 through Access Health CT amid uncertainty over the future of Affordable Care Act subsidies that helped nine out of 10 enrollees in the state-run marketplace pay for coverage last year. Enhanced ACA tax credits that provided a reported $350 million to $400…
2025 NOV 27– By a News Reporter-Staff News Editor at Insurance Daily News– Research findings on pediatric rehabilitation medicine are discussed in a new report. According to news reporting out of Durham, North Carolina, by NewsRx editors, research stated,“ This study aimed to survey individuals who regularly use urinary catheters to understand health…
2025 NOV 27– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Sustainability Research- Sustainable Development have been published. According to news reporting originating in Beijing, People’ s Republic of China, by NewsRx journalists, research stated,“ Focusing on Chinese non-financial listed companies, this paper…
First, we calculate the financial market returns of FOMC members relative to the overall market and examine if there is any evidence of abnormal returns.”. The news correspondents obtained a quote from the research from Hamilton College,“ Second, we test whether FOMC members exhibit evidence of market timing around monetary policy announcements.
Nov. 26— Washington state Insurance Commissioner Patty Kuderer last week ordered Thin Blue Line Benefits to stop operating as an unlicensed insurance company and selling insurance in Washington, a recent news release stated. Thin Blue Line, based in Texas and operated by Anna Reed and Guineth Reed, marketed and sold unauthorized health insurance products to…
WARREN COUNTY– Over the past couple of years since COVID-19, burdensome New York State and federal mandates have put a squeeze on Warren County’ s inflating budget; however, in 2026, those mandated increases in Medicaid, health insurance and NYS pension contributions will add nearly $3 million in spending— a concern for county officials thinking about the…
Washington state is fining health insurance giant Regence Blue Shield over half a million dollars for disparities between its mental health and medical coverage. Regence argued parity wasn't an issue, but didn't provide documentation to prove that, according to the Office of the Insurance Commissioner. We value our collaborative relationship with the…
Pinnacle Financial Partners and Synovus Financial Corp. have received regulatory approval for the merger of the two regional financial institutions. The companies announced Tuesday a greenlight from the Federal Reserve System Board of Governors. With shareholders of both institutions approving the merger on Nov. 6, the deal is now expected to be…
If Congress waits until the end of the year to extend the enhancements, 1.5 million more people will be uninsured in 2026 compared to an earlier extension, the Congressional Budget Office estimates. Congress can still protect people from cost increases due to the end of the enhancements which will exceed $1,000 annually for the average enrollee receiving…
Mortgage rates fell this week as investors convinced themselves that the Federal Reserve might cut short-term interest rates when it meets in December. The average rate on the 30- year fixed-rate mortgage fell 15 basis points to 6.08% APR in the week ending Nov. 26, according to rates provided to NerdWallet by Zillow. And during the week before Thanksgiving, the…
Farmers Insurance has officially ended its cap on new home insurance policies in California, the insurer announced on Nov. 21, 2025. "By removing the cap on offering new homeowners policies, Farmers is doubling down on its commitment to California homeowners, expanding choice and availability for consumers across the state," Behram Dinshaw, the insurer's…
Progressive will issue a refund to many of its 2.7 million Florida car insurance customers in 2026. Each eligible Progressive car insurance customer will receive an average of $300 per vehicle in refund credits or as a check, according to Florida Gov. The insurance reforms appear to be working, as Florida has seen a decline in average car insurance rates this…
California Secretary of State Shirley N. Weber, Ph.D., announced that the proponents of a new initiative were cleared to begin collecting petition signatures on Nov. 25, 2025. The Attorney General prepares the legal title and summary that is required to appear on initiative petitions. Insurers that do not offer insurance for such properties cannot sell…
Washington state is fining health insurance giant Regence Blue Shield over half a million dollars for disparities between its mental health and medical coverage. Regence argued parity wasn't an issue, but didn't provide documentation to prove that, according to the Office of the Insurance Commissioner. We value our collaborative relationship with the…
The following information was released by the California Secretary of State:. California Secretary of State Shirley N. Weber, Ph.D., announced that the proponents of a new initiative were cleared to begin collecting petition signatures on November 25, 2025. Insurers that do not offer insurance for such properties cannot sell automobile or home insurance in…
The following information was released by FEMA:. New flood maps have been finalized and will become effective on May 26, 2026, for Sabine County, Texas. Residents with federally backed mortgages must have flood insurance if their structures are in the Special Flood Hazard Area.
First, sitting next to me is the President of Singapore, Tharman Shanmugaratnam. And then, of course, the President of the European Central Bank, Christine Lagarde, is next to him. And then, of course, the Managing Director of the IMF, Kristalina Georgieva; Adena Friedman of Nasdaq she's Chair and CEO of Nasdaq and Gordon Hanson, who is the Peter Wertheim Professor in…