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HURRICANE MELISSA TRIGGERS 100% PAYOUT OF $150 MILLION WORLD BANK CATASTROPHE BOND FOR JAMAICA

November 7, 2025

The following information was released by the World Bank:. WASHINGTON, NOVEMBER 7, 2025 Following Hurricane Melissa, the Government of Jamaica will receive a full payout of $150 million under its catastrophe insurance coverage with the World Bank, backed by a catastrophe bond issued in 2024 by the World Bank. Jamaica initially received insurance coverage…

Teachers ask TUSD to change priorities as health insurance costs rise

November 7, 2025

Teachers at the Torrance Unified School District already had one of the lowest salaries in the South Bay and among other comparable districts, but now their take-home pay has been hit even harder— as their out-of-pocket health insurance costs have gone up more than 40%. The deal still needs approval from the Torrance Teachers Association executive board and…

Two Views: Expiring subsidies are a first step to meaningful healthcare reform

November 7, 2025

Democrats continue to hold basic government operations hostage in an effort to extend expiring health insurance subsidies and prove Milton Friedman's dictum that nothing is as permanent as a temporary government program. Democrats have cause and effect backward. New data from the Kaiser Family Foundation shows the average annual small…

Democrats warn Utahns could pay thousands more for health coverage if ACA subsidies end

November 7, 2025

For many of them, the cost will go up next year if Congress doesn't extend particular tax credits. On Wednesday, a Democrat in the Utah Legislature and two in Congress urged Republicans in Washington, D.C. to agree to keep the subsidies going so Utahns don't get priced out. If the subsidies end, a 60- year-old Utah couple earning about $83,000 will see their premiums…

Sticker shock? Wyomingites could see skyrocketing bills on ACA health insurance marketplace

November 7, 2025

When the Affordable Care Act marketplace, where roughly 42,000 Wyoming residents get their health insurance, opened enrollment Saturday, customers likely faced a double whammy: higher prices and fewer resources. Wyomingites have two months to shop for a plan before open enrollment closes Jan. 15. "Health insurance has always been and continues to be very, very…

5 factors that secretly raise your auto insurance rates

November 7, 2025

5 factors that secretly raise your auto insurance rates. You haven't filed a claim in years. Yet, when that auto insurance bill arrives, the number seems stubbornly high.

COUNTERPOINT: Expiring subsidies are a first step to meaningful healthcare reform

November 7, 2025

Democrats continue to hold basic government operations hostage in an effort to extend expiring health insurance subsidies and prove Milton Friedman’ s dictum that nothing is as permanent as a temporary government program. Democrats have cause and effect backward. New data from the Kaiser Family Foundation shows the average annual small…

Stay informed, stay covered

November 7, 2025

Vermont's open enrollment period begins through Vermont Health Connect. WATERBURY- Open Enrollment for Vermont's health insurance marketplace began on Nov. 1. DaShawn Groves, Commissioner of the Department of Vermont Health Access, which operates Vermont's health insurance marketplace.

Judge Declines to Pause New Health Insurance Plan for City Workers

November 7, 2025

A Manhattan Supreme Court judge on Thursday rejected a petition from a mysterious advocacy group to toss the city's new self-funded health plan for municipal workers, administered by EmblemHealth and UnitedHealthcare. Judge Lyle Frank rejected the petition for a temporary restraining order from Hands Off NY Care, Inc. In the petition, city employee…

GOVERNOR WHITMER ENCOURAGES MICHIGANDERS TO FIND A HEALTH PLAN DURING OPEN ENROLLMENT FOR 2026

November 7, 2025

Governor Gretchen Whitmer and Michigan Department of Insurance and Financial Services Director Anita Fox are kicking off the annual Health Insurance Marketplace open enrollment period by reminding Michiganders that free local assistance is available to help them get the insurance coverage they need. In response, Governor Whitmer and DIFS took action…

GOVERNOR POLIS LAUNCHES MAJOR COLORADO ACTION PLAN TO INCREASE PUBLIC SAFETY AND REDUCE AUTO INSURANCE PREMIUM COSTS

November 7, 2025

The following information was released by the office of the Governor of Colorado:. "In Colorado, we are focused on saving people money and making Colorado the best place to live, work, and play. Increasing the amount of Sobriety checkpoints- at the direction of Governor Polis, the Colorado State Patrol has held 8 sobriety checkpoints this summer in Alamosa, Castle…

LABOR SUPPLY AND DEMAND ARE SLOWING IN TANDEM

November 7, 2025

The following information was released by the Federal Reserve Bank of San Francisco:. Slower job growth is typically associated with rising unemployment, yet the unemployment rate has barely budged, edging up from 4.2% in August 2024 to 4.3% in August of this year. The green bars in Figure 1 show average monthly changes in nonfarm payroll employment estimates…

REP. CARTER INTRODUCES BILL TO RETROACTIVELY RESTORE FLOOD INSURANCE COVERAGE AND RETAIN CURRENT RATES FOR POLICYHOLDERS IMPACTED BY REPUBLICAN SHUTDOWN

November 7, 2025

Today, Congressman Troy A. Carter, Sr. and Congressman Mike Ezell, introduced H.R. 5848, the NFIP Retroactive Renewal and Reauthorization Act, legislation to backdate reauthorization of the National Flood Insurance Program to September 30, 2025, while extending the program's authorization until December 31, 2026. Now that the 30- day grace period to renew…

WISCONSIN MOM TESTIFIES AT SENATE HEARING ON AFFORDABLE CARE ACT, SHUTS DOWN RON JOHNSON FOR ATTACKING ACA COVERAGE OF PRE-EXISTING CONDITIONS

November 7, 2025

Today, Shana Verstegen, a mother of two from Madison, Wisconsin, testified at a hearing in the U.S. Senate Permanent Subcommittee on Investigations about the importance of extending enhanced premium tax credits for millions of Americans with Affordable Care Act marketplace plans. As Americans brace for a looming health care crisis that will put millions at…

WARREN RELEASES NEW RESPONSES FROM WALL STREET BANKS ON PLANS TO PARTICIPATE IN ARGENTINA BAILOUT; PRESSES SECRETARY BESSENT AND NY FED FOR ANSWERS

November 7, 2025

Banks don't rule out participation or commit to rejecting American taxpayer-backed bailout; JP Morgan says it has executed purchases of Argentine pesos on behalf of US Government. Warren presses NY Fed on what other banks in addition to JP Morgan are purchasing Argentine pesos on behalf of the US government and how much the banks are profiting.

Capital Highlights

November 7, 2025

The window for signing up for health insurance through the Affordable Care Act is now open through Jan. 15, with most Texans expected to pay considerably higher premiums, The Texas Tribune reported. Democrats say they will not vote to reopen the government unless the subsidies are extended. Republicans say they will not consider extending the subsidies until…

Guest Commentary

November 6, 2025

The following was provided by the Iowa Insurance Division:. Every fall, Medicare beneficiaries have an opportunity to review and change their Prescription Drug Plan or Medicare Advantage Plan during the Open Enrollment Period from Oct. 15 to Dec. 7. Medicare fraud has ballooned to an estimated $100 billion each year, which impacts the Medicare Trust Fund and…

Surprised by a mental health insurance denial? Here’s what to know

November 6, 2025

Pierce County resident Jeff Castor was seeking mental health treatment for a family member who was struggling. Castor, a commercial airline pilot, had Premera Blue Cross insurance, which he said reassured him on a phone call it would cover the treatment at 60%. Castor was stuck with about $54,000 in bills, of which the insurance company paid only $800.

Brighthouse Financial Announces Third Quarter 2025 Results

November 6, 2025

Brighthouse Financial, Inc. announced today its financial results for the third quarter ended September 30, 2025. The company reported net income available to shareholders of $453 million in the third quarter of 2025, or $7.89 per diluted share, compared with net income available to shareholders of $150 million in the third quarter of 2024, or $2.47 per…

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