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Township Debates Health Insurance Costs

June 27, 2025

In an unusual move, Haddon Township's commission on June 17 held an open session examination of health insurance vendors, devoting a large chunk of the monthly meeting time to hearing from representatives of the appointed brokerage firm, Conner Strong& Buckalew. The discussion lasted close to an hour, with commissioner Ryan Linhart attempting to understand…

Reproductive rights groups fear SCOTUS ruling will inspire anti-abortion politicians

June 27, 2025

Reproductive rights advocates are reeling from Thursday's Supreme Court ruling in favor of South Carolina in a legal case to block Medicaid funding for Planned Parenthood, which they fear will give other states the green light to do the same. But the ruling means that Medicaid patients in South Carolina will no longer be able to use their health insurance to…

Floods, earthquakes and detached structures require additional insurance coverage

June 26, 2025

While it's important to know what events are covered in your homeowner's insurance policy, it's equally important to know what events are not covered., according to a statement from Mercury Insurance. One of the biggest misunderstandings many policyholders have is the belief that, if their home is damaged or destroyed, their homeowner's insurance policy will…

New Public Health Findings from University of North Texas Published (Reconfiguring health purchasing for universal health coverage: insights from Nepal with relevance to low- and middle-income countries): Health and Medicine – Public Health

June 26, 2025

2025 JUN 26– By a News Reporter-Staff News Editor at Insurance Daily News– A new study on public health is now available. Our news editors obtained a quote from the research from University of North Texas:“ Strategic purchasing-a key lever in health financing-has the potential to improve system efficiency, equity, and responsiveness by actively allocating…

Albert G. Ruben Joins Relation Insurance

June 26, 2025

Relation Insurance Services announced today the acquisition of Albert G. Ruben, a pioneer in Hollywood and the global entertainment sector, providing specialized insurance services to major film studios, independent production companies, Broadway, and multinational corporations. “Albert G. Ruben has been a trusted leader in entertainment risk management…

Recent Findings from Vanderbilt University Has Provided New Information about Insurance (Evaluating Access To Care for Medicare Beneficiaries Younger Than 65 Years): Insurance

June 26, 2025

2025 JUN 26– By a News Reporter-Staff News Editor at Health Policy and Law Daily– Research findings on Insurance are discussed in a new report. Funders for this research include Leukemia and Lymphoma Society, Agency for Healthcare Research& Quality, NIH National Institute on Aging, NIH National Cancer Institute. Our news editors obtained a quote from the…

Officials warn Medicaid cuts could close rural hospitals

June 26, 2025

Plans by Senate Republicans to scale back a Medicaid provider tax that states like Iowa use to fund their Medicaid program could deal a greater financial blow to rural hospitals, state and national hospital groups warn. The massive tax-and-spending reconciliation bill making its way through the U.S. Senate includes provisions that "further undermine the…

Looking Back — June 26, 2025

June 26, 2025

June 26, 2015— juneau— More than 16,000 Alaskans w ill be able to keep federal subsidies to help cover health insurance premium costs following a U.S. Supreme Court decision. Bill Walker said he was pleased so many people could continue receiving health care. George W. Bush or Vice President Al Gore, whose administration is in control of energy policy.

Jamestown City Council approves changing health insurance carrier

June 26, 2025

Jun. 26— JAMESTOWN— The Jamestown City Council unanimously approved changing the city of Jamestown's health insurance carrier on Tuesday, June 24, to the Sanford Health Plan. The city of Jamestown's previous health insurance carrier was Blue Cross Blue Shield. Natasha Harr, benefit broker for the city of Jamestown, said renewing with Blue Cross Blue Shield would…

With health-care costs surging, CT regulator seeks new set of 'benchmarks' to limit future rise

June 26, 2025

Jun. 26— What is the point of setting a ceiling on health care costs in Connecticut when hospitals, doctors and insurers seem determined to blow through the roof? That was the issue under discussion Monday at a day-long hearing on the state's "benchmark" efforts to control health-care price hikes at the Office of Health Strategy meeting at the Capitol.

Healthfirst Receives Award for Program at High-Volume Substance Use Facilities Supporting Members’ Transition Back to Communities

June 26, 2025

Today, Healthfirst, one of New York’ s highest quality health insurers, has received the prestigious Case Management Practice Improvement Award from the Case Management Society of America Foundation. To address these challenges, Healthfirst launched an in-person care model that embeds licensed behavioral health clinicians and certified peer support…

Securian Financial Names John Heshelman Chief Investment Officer

June 26, 2025

Securian Financial today promoted John Heshelman to vice president and chief investment officer. John Heshelman, Securian Financial vice president and chief investment officer. Heshelman also provides investment market and portfolio insights to Securian Financial leaders, including the company’ s board of directors.

MSI Launches Cyber Insurance Program for Managed Care Organizations

June 26, 2025

MSI TM, one of the largest independent managing general agencies in the United States, announced today the launch of MSI Cyber for Managed Care Organizations, a cyber insurance program dedicated to managed care organizations of all sizes. Designed by MSI, this tailored solution offers dedicated capacity combined with coverage that specifically addresses…

KBRA Releases Comment on Venerable’s Announced Transaction with Corebridge

June 26, 2025

On June 26, 2025, Venerable Holdings, Inc. announced a transaction with Corebridge Financial, Inc. pursuant to which it will reinsure approximately $51 billion of variable annuity business from American General Life Insurance Company and The US Life Insurance Company in the City of New York. Additionally, Venerable will acquire Corebridge’ s investment…

The big beautiful bill would undermine Obamacare

June 26, 2025

Republicans in Congress have dropped the mantra to "repeal and replace" Obamacare that they repeated so often during President Donald Trump's first term. The Congressional Budget Office projects that eliminating this for the ACA would result in 700,000 people becoming uninsured by 2034.. This is in addition to the 4 million who are expected to lose coverage…

EPIC Insurance Brokers & Consultants Welcomes Industry Veteran James R. Pierce as Senior Advisor to Shape the Future of Natural Resources Practice

June 26, 2025

EPIC Insurance Brokers& Consultants is pleased to announce that James R. Pierce has joined the firm as a Senior Advisor to support the strategic growth and development of its Natural Resources practice. Pierce brings a distinguished track record of leadership, innovation, and global expertise in the energy and risk advisory sectors. Philip V. Moyles, Jr.,…

Lara continues expanding insurance coverage options and increasing accountability with bold overhaul of insurance-industry-run FAIR Plan

June 26, 2025

California Insurance Commissioner Ricardo Lara continues to advance a comprehensive reform package of the California FAIR Plan in his ongoing efforts to confront the state's "insurer of last resort's" long-standing imbalance head-on. For decades, the FAIR Plan has functioned as a last-resort backstop for many Californians. However, in the past 10 years, its…

Best’s Special Report: Personal Lines Results Propel Turnaround in US Property/Casualty Industry’s 2024 Underwriting Performance

June 26, 2025

Underwriting results in the U.S. property/casualty industry were led by a $31 billion turnaround in the personal auto line of business, with the entire P/C industry ending the year with a net underwriting gain of $22 billion, compared with a $23 billion loss in 2023, according to a new AM Best report. “Persistent efforts to improve rate adequacy, combined with the…

Powell says Fed will hold off on rate cut

June 26, 2025

WASHINGTON— The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump's calls for immediate cuts. "For the time being, we are well positioned to wait to learn more about the likely course of the economy…

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