BLOOMINGTON— The Illinois Attorney General's Office has filed suit against State Farm alleging the insurance giant has refused to comply with regulatory examination into its homeowners insurance policy. As part of its examination, IDOI seeks nationwide data about State Farm's homeowner policies, including the total premiums collected by State Farm, the…
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Fourteen health insurers have been approved to sell health plans in Washington's 2026 individual health insurance market. Wellpoint Washington is new to the individual health insurance market and will sell Exchange plans in Grays Harbor and King counties. "Another year of increased premiums will be hard to hear for the thousands of Washingtonians who buy…
Steven Fielder, who oversees the program for the Florida Department of Financial Services, told the House Insurance and Banking Subcommittee that low-income applicants often fail to finish the program because they can "t afford project costs that exceed the $10,000 grant cap for eligible homeowners. Fielder told lawmakers that only 40,719 of 122,057…
The town of Foxboro was recently awarded a $10,000 grant from the Massachusetts Interlocal Insurance Association, the town's property and casualty insurance provider, to purchase vital trench shoring and confined space equipment that will enhance safety, efficiency, and regulatory compliance across municipal operations. These upgrades have…
BOSTON— Health insurers will foot the bill for cardiac tests for high school athletes if a new proposal is approved by lawmakers on Beacon Hill. Dubbed "Freddy's Law," the bill is named after Freddy Espinal, a 17- year-old Peabody Veterans Memorial High School junior who died in September from sudden cardiac arrest during wrestling practice.
Mama J's Kitchen co-owner Lester Johnson is one of 400,000 Virginians who purchase health insurance through the Virginia Insurance Marketplace. Rather than extend it, Republicans shut down the federal government. Currently, those levels are between $15,650 and $62,600 for a single-individual household and between $32,150 and $128,600 for a family of…
Mayo Clinic will go out-of-network next year for most Medicare Advantage plans from two of the nation’ s largest health insurers. The changes, which UnitedHealthcare and Humana confirmed over the past week to the Minnesota Star Tribune, mean tens of thousands of beneficiaries in the state will need different insurance coverage if they want to retain access to…
For the first time, the region's provider of Medi-Cal, California's version of Medicaid, is launching a plan for its members who also qualify for Medicare, the federal health insurance program for people aged 65 and older or disabled adults over age 21. The Alliance provides Medi-Cal benefits in Monterey, Santa Cruz, San Benito, Merced and Mariposa counties to…
The Travelers Companies, Inc. today reported net income of $1.888 billion, or $8.24 per diluted share, for the quarter ended September 30, 2025, compared to $1.260 billion, or $5.42 per diluted share, in the prior year quarter. Core income in the current quarter was $1.867 billion, or $8.14 per diluted share, compared to $1.218 billion, or $5.24 per diluted share, in…
KULPMONT— A 27- year-old Kulpmont woman has been charged with felonies of insurance fraud and theft by deception for allegedly misrepresenting information surrounding a vehicle crash to an insurance company. Special Agent Evan Shipley, of the state attorney general's office, filed the charges against Jessica Wright, of 232 Scott St., on Oct. 7 in the office of…
Mama J's Kitchen co-owner Lester Johnson is one of 400,000 Virginians who purchase health insurance through the Virginia Insurance Marketplace. Rather than extend it, Republicans shut down the federal government. Currently, those levels are between $15,650 and $62,600 for a single-individual household and between $32,150 and $128,600 for a family of…
The following information was released by the Insurance Information Institute:. The Insurance Information Institute has published a comprehensive Issues Brief addressing common misconceptions about risk-based pricing in property/casualty insurance and warning against government intervention that could harm consumers. "Without risk-based…
Today, Congresswoman Ayanna Pressley, a member of the House Financial Services Committee, and Senator Elizabeth Warren, Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs led 70 members of Congress in a letter calling on the Trump administration to address the ongoing and unprecedented wave of student loan delinquencies and…
The following information was released by the Federal Reserve Bank of Atlanta:. Economic activity in the Southeast was little changed from mid-August through September as compared to the previous couple of months, according to the new Beige Book report from the Federal Reserve Bank of Atlanta. In the Atlanta Fed's Sixth Districtcomprising Alabama, Florida,…
“Pharmaceutical prices are the main reason for higher costs, primarily because a number of very high-cost drugs have entered the market recently,” Gerard Anderson, a health policy and management professor at Johns Hopkins University, told The Washington Times. Drugs approved last year under the Biden administration include Kisunla, an Alzheimer’ s disease…
The lawsuit includes State Farm Fire and Casualty Insurance Co., State Farm Mutual Automobile Insurance Co., State Farm General Insurance Co., and Oglesby Reinsurance Co., all of which fall under the State Farm company. The suit is asking the courts to order State Farm to turn over documents and comply with the examination by the Illinois Department of…
According to a statement from the California Department of Insurance, Insurance Commissioner Ricardo Lara announced the signing of a legislative package inspired by the experiences of wildfire survivors. These new laws build on executive actions taken immediately after the wildfires, representing a comprehensive approach to enhancing consumer…
BLOOMINGTON— The Illinois Attorney General’ s Office has filed suit against State Farm alleging the insurance giant has refused to comply with regulatory examination into its homeowners insurance policy. Illinois Attorney General Kwame Raoul said in a news release that state insurance departments are the primary regulators of insurance companies so it…
From Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Sticker shock is coming for hundreds of thousands of insurance customers in Pennsylvania. The spike in costs is being driven, in part, by the fact that Congress hasn't extended enhanced tax credits that currently help people afford their monthly premiums,…
