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U.S. stocks drifted to more records. Treasury yields rose in the bond market. The latest discouraging report on the job market further cemented expectations for cuts to interest rates by the Federal Reserve.

Massachusetts officials have begun to calculate the number of residents who will lose health insurance coverage next year and in the years to come, because of the law. The best guess so far is that more than 250,000 Massachusetts residents could eventually go without health care coverage because of the Big Beautiful Bill. For starters, 34,000 Massachusetts…

INDIANAPOLIS– Indiana Farm Bureau Insurance is now accepting applications for its summer internship program. Ideal candidates for the program are undergraduate students with Indiana ties. That includes students attending Indiana colleges and universities, as well as Indiana natives who attend out-of-state colleges and universities during the school…

President Donald Trump's new tax and spending law will likely force more than half the states to reduce payments to doctors and hospitals that treat Medicaid patients, a change critics warn will be particularly harmful to rural hospitals struggling to stay afloat. As of August 2024, the higher payments were projected to add $110.2 billion per year to Medicaid…

A Polk County District Court judge has ordered nearly half a million dollars in penalties against the Senior Health Insurance Company of Pennsylvania, Pennsylvania's insurance commissioner and the company's court-appointed rehabilitator for violating an Iowa injunction meant to protect policyholders. Judge Scott Beattie on Aug. 31 found the…

In a letter to state employees on Friday, officials with the Idaho Office of Group Insurance said the change will cut the rising costs of health insurance premiums by $30 million to $50 million each year. Examples of medications that won’ t be covered for weight-loss in Idaho include Wegovy, Saxenda and Zepbound. Earlier this year, Idaho’ s health insurance…

Total U.S. surplus lines direct premiums written reached another record level at nearly $130 billion with a year-over-year increase of 12.3%, notching the seventh straight year of double-digit premium growth for non-admitted insurers, according to a new AM Best report. Just one year after reaching the $115.6 billion threshold in annual DPW, the surplus…

Sanders and 27 other homeowners participated before the Legislature essentially froze funding, beginning July 1, for the Strengthen Mississippi Homes program. Chaney claims his Insurance Department took the time needed to set up a program that will work. Future phases have been canceled, he said, with $4,780,000 of the initial $5 million in funding the…

Federal Reserve Financial Services will increase the FedNow Service network transaction limit from $1 million to $10 million in response to growing commercial demand, effective November 2025. “Our second transaction limit increase this year reflects the growing demand for instant payments— as the benefits of immediate funds availability for all types of…

New York Life announced today that Craig Sabal has been named chief investment officer of the company, effective Jan. 1, 2026. Sabal, who joined New York Life in 2020 as deputy CIO, will be responsible for the investment strategy, asset allocation, and management of New York Life’ s general account. Sabal will succeed Tony Malloy, who will be retiring in 2026 after a…

Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today shared findings from its 2025 Severe Weather P&C Consumer Pulse Survey. The survey reveals that concern over severe weather continues to rise, with a growing number of people reporting the financial impact in the form of higher insurance premiums.

Speculation over whether the Federal Reserve will lower interest rates this month has reached a new high, with cryptocurrency investors paying especially close attention. Trading platforms like that run by Bullish (NYSE: BLSH) will be studying how trading activity shifts around… Read More>> About CryptoCurrencyWire CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency […]

Valmark Financial Group has announced a powerful new technology enhancement to its in-force life insurance business. The InForce Insurance Hub is supported by the broader infrastructure of Valmark’ s Policy Management Company and InForce Insurance Solutions Division. “The InForce Insurance Hub and its latest feature are game changers for Valmark Member…

–The National Taxpayers Union is urging Congress to let the expanded Obamacare premium tax credits, which help subsidize health insurance rates, expire in 2025 as planned. Aiello told The Center Square that besides having charged taxpayers at least double the estimated $10 to $15 cost, the PTC expansion further distorted the healthcare marketplace by…