Jeff Landry showed who' s the boss at the State Capitol when he rammed a car insurance bill through the Senate late Wednesday night over the vehement objections of Insurance Commissioner Tim Temple and business trade groups. But balancing out the scales, the Senate also passed five bills that affect who can sue and how much they can collect– measures that Temple,…
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Health insurance premium increases for about 300,000 state government employees in 2026 are part of a proposal approved Tuesday by the N.C. State Health Plan's Board of Trustees. For example, recommendations were for monthly premium costs to rise $20 for individuals and families for those making $40,000 or less a year. The proposed increase would be $25 for…
Democrats representing Arizona in Congress are pointing to a new report as proof that people would lose health insurance under a reconciliation budget package from Republicans. "Now Republicans are pushing a plan that confirms their worst fears— stripping health care away from the people who need it most like kids, seniors and working parents," Kelly said in a…
Doctors, nurses, food bank directors and other social safety net providers across Iowa warn major cuts to public health insurance and food assistance programs could lead to crowded emergency rooms, more rural hospital closures, drained family budgets, overworked providers and reduce care for veterans, seniors and children. House Republicans on Thursday,…
bluefield– U.S. Senator Tim Kaine, D- Va., is warning that 267,000 residents of Virginia could lose their health insurance coverage under the budget bill passed by House Republicans Thursday. Kaine, who spoke with Virginia reporters during his weekly media briefing Thursday, labeled the so-called“ Big Beautiful Bill” the“ Big Ugly Bill” instead, arguing that it will…
AM Best has placed under review with developing implications the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Gulf Guaranty Life Insurance Company. Gulf Guaranty Life was sold to Acturion, LLC in March of 2025. Headquartered in the United States, the company does business in over 100 countries with regional offices in London,…
Florida communities could be blocked from rebuilding stronger after a hurricane, and more than 44,000 Floridians could see higher flood insurance costs this year if Gov. Another provision would mean a bump upwards in flood insurance rates for tens of thousands of Floridians in twelve communities across the state, including Hialeah and Hollywood.
The federal government and states typically split the cost.“ We’ re clearly going to suffer a financial hit,” said Cook County Board President Toni Preckwinkle.“ The only question is what the magnitude of that is.” At the same time, facing a massive budget hole, Illinois lawmakers are set to end health insurance for more than 30,000 immigrant adults mostly without…
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of RetailFirst Insurance Company and BusinessFirst Insurance Company, which are affiliates of RetailFirst Insurance Group and are domiciled in Lakeland, FL.. RFIG is a mono-line workers’ compensation…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of RBC Life Insurance Company. The parent bank is a strong organization with approximately CAD 127 billion of IFRS equity at financial year-end 2024 and over CAD 2 trillion in assets. The group earned approximately CAD 16 billion in net income on CAD 57 billion in…
An Ordinance Amending Chapter 288 of the Code of the Borough of Wood-Ridge, Entitled "Flood Damage Prevention," to Make It Compliant With the Requirements of the New Jersey Department of Environmental Protection, the Federal Emergency Management Agency, and the National Flood Insurance Program. Bond Ordinance to Authorize the Acquisition of Real Property…
ARLINGTON, Va.& REYKJAVIK, Iceland—- Kerecis, the company pioneering the use of sustainably sourced fish skin and fatty acids in cellular therapy and tissue regeneration, today announced that Cigna, one of the largest health insurers in the United States, now includes Kerecis products in its medical coverage policy for the treatment of diabetic foot ulcers.
Stewart said that organizations such as the NJHA and NJAHP would inherently be against Newark's RBP model because it lowers their profits. Newark's health care plan offers open access, but the primary network the city will use is MagnaCare. Based on the city's disruption analysis, about 90% of Newark's employee population will be able to continue receiving…
Medicaid provides comprehensive, low-cost health insurance to about 72 million people in the U.S., according to recent data. Another aspect of Medicaid is the Children's Health Insurance Program, which provides coverage to an estimated 7 million people enrolled in the U.S. Also administered by states and territories, CHIP covers youngsters from low-income…
BOSTON& MILAN—- Berkshire Hathaway Specialty Insurance today announced the introduction of Miscellaneous Professional Indemnity and Public Offering of Securities Insurance in Italy. We look forward to continuing to grow, hiring talented professionals, launching new products, entering new segments, and expanding our geographical presence throughout…
—European shares opened higher and Asian stocks were mixed Friday as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U.S. government debt. The yield of the 10- year Treasury shed 0.8% to 4.52% while the two-year yield, which more closely tracks expectations for action by the Federal Reserve, slipped 0.3% to 3.99%.
Let's talk about how Republicans in Congress want to throw millions of Americans off their health insurance so the ultra-wealthy and corporations can get tax breaks. Republicans in Congress are considering catastrophic cuts to these programs, which will have dire consequences across the country. The Congressional Budget Office estimates that the…
During COVID-19, Congress expanded tax credits that helped millions of Americans– especially families, older adults and the self-employed– afford health insurance. I've seen estimates showing middle-class families facing premium hikes of $15,000 to $25,000 a year. A 64- year-old couple making $85,000 could go from paying $380 a month to over $2,300 a month–…
Fresh off last week's 17% rate hike approval, State Farm is seeking a further 11% increase to its home insurance rates in California. State Farm had originally requested a much larger increase in 2024. "State Farm General's current rates jeopardize its ongoing business operations, because they do not allow State Farm General to recover sufficient premium to…
