Many consumers and small businesses in Western New York will see increases for health insurance in 2027, but the hikes won’ t be as steep as in recent years. In Western New York, some people and small employers could see premium increases of up to 12% to 13%, but others will see rates that remain flat after the state Department of Financial Services on Friday…
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AUSTIN– Governor Greg Abbott today announced that, in response to his directive last week to make property insurance more affordable, the Texas Department of Insurance reminded insurers that the practice of "price optimization" violates Texas law for all TDI-regulated insurance products. "The average annual homeowners' insurance premium in Texas rose 79…
House Bill 139 would allow private health insurance companies to offer health plans that cover services outlined by the Affordable Care Act but bypass the dozens of insurance coverage mandates the state of Texas has imposed. Large employers in Texas generally do not have to abide by the state’ s mandates because their health insurance plans are governed by…
An air ambulance company is suing Anthem Blue Cross and Blue Shield, accusing the health insurer of sitting on about $30 million in unpaid claims approved by an independent arbitrator. PHI Health LLC says the Indianapolis- based insurer is ignoring claims awards that are supposed to be binding under the federal No Surprises Act. It says Anthem has either failed…
House Bill 139 would allow private health insurance companies to offer health plans that cover services outlined by the Affordable Care Act but bypass the dozens of insurance coverage mandates the state of Texas has imposed. Large employers in Texas generally do not have to abide by the state's mandates because their health insurance plans are governed by…
Franklin County has an immediate opening for a Risk Management and Compliance Coordinator in its Risk Management Department. Franklin County offers full-time employees benefits including a pension plan, 11 paid holidays, 24 paid days off, health insurance, health and flexible spending accounts, vision and dental plans, tuition reimbursement, wellness…
In 2023, the Texas Legislature unanimously passed a law raising auto insurance costs for Texans by $1 to combat rampant catalytic converter theft. Three years later, a little-known state agency has devoted at least $30 million of that fee toward supercharging the state's Flock surveillance network, placing cameras along highways and streets from El Paso to…
NEW YORK— Wall Street dipped Friday as a robust jobs report raised the probability that the U.S. Federal Reserve will raise its key interest rate this month. All three major U.S. indexes closed lower amid a broad selloff ahead of the three-day holiday weekend. The Labor Department's August employment report showed the U.S. economy added 162,000 jobs last month,…
As autumn arrives, older adults across Illinois face a vital, but often overwhelming, task: evaluating their health insurance coverage with Medicare or a former employer with retirement. SHIP is part of the Illinois Department of Aging certification program. Because SHIP counselors are certified by the Illinois Department on Aging and are not affiliated…
Halle Carmean, Vincennes, a graduate of South Knox High School, has been named a 2026-27 President's Scholar at Indiana State University. For incoming freshmen, the President's Scholarship provides full in-state tuition and on-campus housing. Carmean will pursue a degree in insurance and risk management through the Scott College of Business.
WASHINGTON— President Donald Trump said Friday that if the Federal Reserve doesn't cut interest rates, he will stop trading with countries with which the United States has a deficit. "High interest rates put the U.S.A. at a very unfair disadvantage, and I won't allow that to happen!" The Bureau of Labor Statistics on Friday reported stronger-than-expected job…
But speaking from the Oval Office, Trump instead launched into a grievance session about inflation and interest rates. His anger was aimed at the financial markets, the Federal Reserve and U.S. trade partners. Stupidity causes inflation,” Trump vented in the Oval Office, as he declared it“ crazy” that the stock markets fell Friday on inflation concerns.
NASHVILLE— Tennessee Governor Bill Lee has proclaimed September as Life Insurance Awareness Month in Tennessee. "Life insurance is a critical insurance product, and our entire team fully supports Governor Lee's proclamation, which should remind all Tennesseans to assess their families' financial needs," said TDCI Commissioner Carter Lawrence.
Illinois hospitals stand to lose upwards of $4 billion in revenue over the next several years due to impending changes in Medicaid rules that limit states' ability to direct higher reimbursement payments to facilities that serve the most vulnerable populations. And unless Congress acts to reverse those policies before they take full effect, IHA officials…
U.S. stocks fell and Treasury yields rose Friday after the government reported that employers unexpectedly added 162,000 jobs last month, a development that could increase chances that the U.S. central bank will raise interest rates later this month. Wall Street expects the Federal Reserve to raise interest rates before the year ends in an effort to cool…
The Delaware Department of Insurance today released approved rates for Affordable Care Act health insurance plans offered on the Delaware Health Insurance Marketplace for Plan Year 2027. "President Trump and Republicans in Congress are forcing our neighbors to make an impossible choice: stretch their budgets even further to afford the care they need or go…
The Keystone: Pennsylvania's Republican members of Congress advanced the cost-raising One Big Beautiful Bill responsible for the healthcare cuts. PENNSYLVANIA New reporting from The Keystone this week highlighted how because of the One Big Beautiful Bill advanced by Brian Fitzpatrick, Ryan Mackenzie, Rob Bresnahan, and Scott Perry more than 190,000…
President Donald Trump threatened Friday to halt a broad swath of U.S. trade unless the Federal Reserve slashed interest rates, issuing a series of sweeping ultimatums that could prove costly to the economy if he were to carry it out. Newly released hiring figures showed that employers added about 162,000 jobs in August, evincing a labor market that has…
"This is a breakthrough and powerful moment in time in getting justice for survivors," said Jeff Anderson, whose law firm, Jeff Anderson& Associates, represented the sexual abuse survivors. Anderson told MPR News the settlement with the United States Fire Insurance Company covers incidents of abuse dating back to the early 1960 s, and some of the survivors began…