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OCTOBER 23, 2025 SUPPORTING INVESTMENT IN COMMUNITIES: THE FIRST 25 YEARS OF THE NEW MARKETS TAX CREDIT

October 28, 2025

The following information was released by the Federal Reserve Board:. At the 2025 Fall New Markets Tax Credit Conference, New Orleans, Louisiana. Thank you for asking me to be part of this celebration of 25 years of the New Markets Tax Credit and also the historic achievement of its permanent extension.1 I consider the credit a great achievement for communities…

Wall Street hits records following an encouraging update on inflation

October 28, 2025

—U.S. stocks hit records on Friday after an update on inflation came in a bit less painful than feared. Even more importantly for Wall Street, it could also clear the way for the Federal Reserve to keep cutting interest rates in hopes of giving a boost to the slowing job market. The Fed just cut its main interest rate last month for the first time this year, but it’ s been…

AM Best Affirms Credit Ratings of Bank of China Group Insurance Company Limited

October 28, 2025

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Bank of China Group Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect BOCG Insurance’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile…

Daimler Truck Financial Services and GEICO Launch Connected Insurance Program for Trucking Customers

October 28, 2025

FORT WORTH, Texas& WASHINGTON—- Daimler Truck Financial Services USA LLC and GEICO, one of the largest and most recognized insurers in the United States, today announced the launch of Connected Insurance, a new data-driven insurance program designed to help Freightliner and Western Star owner-operators and small fleets save on premiums while promoting safer…

OPINION: Patients deserve a seat at the table in health care reform

October 28, 2025

For groups, corporations and insurance companies that are fighting to prevent "lump sum" payments to patients like me from the Patient Compensation Fund and who are advocating to force me and other patients into yet another system of red tape, denials and delays, I hope that you will read my story below. Fifteen years ago, a routine spinal surgery changed my life…

Lara initiates first-ever study on fiscal impacts of health coverage for undocumented Californians

October 28, 2025

Insurance Commissioner Ricardo Lara has commissioned the School of Public Health at San Diego State University to conduct a comprehensive fiscal and economic impact study on California's Medi-Cal coverage and Covered California expansions for undocumented Californians. Evaluating how increased access to healthcare affects utilization, spending,…

Santa Clara County will lose $223 million this year in Medicaid revenues as a result of federal cuts

October 28, 2025

In Santa Clara County, one in four residents rely on the publicly funded health insurance program for low-income and disabled individuals, which is known as Medi-Cal in California. Williams said that dollars from these types of supplemental payment programs flow to hospital systems like the Santa Clara Valley Healthcare System that disproportionately…

Molloy University, Franklin Square business enter media partnership with Islanders

October 28, 2025

Molloy University in Rockville Centre and Plattduetsche Home Society in Franklin Square were selected to take part in a one-year marketing agreement with the New York Islanders as part of the team's Business Boost Program. According to the Islanders, Anthem, the team's official health insurance provider, helped choose Molloy University and Plattduetsche…

Rockville Centre man pleads guilty to insurance fraud in workers' comp scheme

October 28, 2025

A Rockville Centre business owner and his Queens-based iron and erection construction company pleaded guilty to insurance fraud involving a workers' compensation scheme in which more than $600,000 of the company's policy premiums were underpaid, according to Nassau County District Attorney Anne Donnelly. Mahendranauth Khargie, 36, and his business, GC…

Other city businesses that have lasted 175 years strong: Richmond businesses that have stood the test of time

October 28, 2025

The Richmond Times-Dispatch isn't the only business in Richmond that's been around for 175 years. "For more than 400 years, the greater Richmond area has been a magnet for businesses, and for any organization to be successful for 175 years is an amazing accomplishment," said Jennifer Wakefield, president and CEO of the Greater Richmond Partnership.

Conn. health insurance open enrollment starts Nov. 1

October 28, 2025

This week, Connecticut residents enrolled through Access Health will learn how much their insurance could cost next year if they stay on the same plan. "These are real people in Connecticut who face skyrocketing costs for their health insurance if Congress does not act. "Congress and the President need to act now.

Health insurance open enrollment in state starts Nov. 1

October 28, 2025

This week, Connecticut residents enrolled through Access Health will learn how much their insurance could cost next year if they stay on the same plan. "These are real people in Connecticut who face skyrocketing costs for their health insurance if Congress does not act. "Congress and the President need to act now.

Commentary: Geography complicates already-muddy Oregon insurance system

October 28, 2025

Rural Oregonians have fewer Medicare options than their urban counterparts. No, I'm not talking about back-to-school season, holiday season or fall leaves. In Oregon— as in many other states— the quality of your health insurance coverage may change from this year to next.

Area cuts to Medicare Advantage plans leave seniors with few options

October 28, 2025

Across Bonner and Boundary counties, Medicare Advantage offerings are shrinking by more than 50%, going from 37 plans in 2025 to 14 in 2026. Colleen Clark, program supervisor for the Idaho Department of Insurance's Senior Health Insurance Benefits Advisors, said that the nationwide issue is due to the rising cost of healthcare and federal regulations.

PAPPAS MEETS WITH NH SMALL BUSINESS FACING SUDDEN INCREASE IN HEALTH CARE COSTS

October 28, 2025

The company expects to see a 38% increase in its health insurance costs next year as a result of Washington Republicans' refusal to address rising health care costs. Today Congressman Chris Pappas visited the W.H. Bagshaw Company in Hudson, one of New Hampshire's small manufacturers. "Everyone will feel the impact of the lapse of the Affordable Care Act's…

SENATOR ROSEN URGES LOMBARDO TO STAND UP TO TRUMP AND KEEP NEVADANS' HEALTH CARE COSTS FROM SKYROCKETING

October 28, 2025

As Democrats fight to permanently extend the enhanced ACA tax credits that help middle class families afford health insurance, Trump and the GOP refuse to take action to protect Nevadans' health care. As Nevadans' utility and grocery bills continue to rise, health insurance premiums are set to increase by 26% for 110,000 Nevadans an extra $147 a month, due to…

Naig, Reynolds encourage farmers to plant fall cover crops to save money on crop insurance

October 28, 2025

Secretary of Agriculture Mike Naig and Governor Kim Reynolds are encouraging Iowa farmers to plant cover crops this fall to improve water quality and save money on next year's crop insurance premiums. The savings are offered through the Iowa Department of Agriculture and Land Stewardship's Crop Insurance Discount Program. The innovative annual program,…

GILLIBRAND SOUNDS THE ALARM ABOUT RISING HEALTH INSURANCE PREMIUMS FOR OLDER ADULTS

October 28, 2025

The following information was released by New York Senator Kirsten E. Gillibrand:. U.S. Senator Kirsten Gillibrand is sounding the alarm about the impact of rising health insurance premium costs on older adults. At a Senate Aging Committee hearing yesterday and a virtual press conference this afternoon, Gillibrand detailed the devastating impact that the…

GALLEGO CALLS ON ARIZONA HEALTH INSURERS TO IMMEDIATELY NOTIFY CONSUMERS ABOUT IMPENDING PREMIUM HIKES IF ACA TAX CREDITS EXPIRE

October 28, 2025

The following information was released by the office of Arizona Senator Ruben Gallego:. Senator Ruben Gallego penned an open letter to Arizona health insurance companies urging them to immediately notify consumers about the potential for significant premium increases if the Affordable Care Act premium tax credits are allowed to expire at the end of this…

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