“I think the rates that were finalized speak to the underlying failure of the system that we have in place right now,” said State Comptroller Sean Scanlon.“ And that failure to fix it has led to unsustainable cost increases for the people of Connecticut.”. Last week, the Connecticut Insurance Department announced its approval of the rate hikes covering individual…
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Costly loans drive consumers to longer loan terms, riskier borrowing strategies. Economic analysis from the US Bureau of Labor Statistics, for instance, describes a fairly resilient labor market, with unemployment hovering around 4.2%, down from a four-year high of 4.5% in November 2025. Yet inflation remains a nagging issue: According to the Federal Reserve…
AM Best will participate in multiple sessions during The Insurer’ s upcoming European MGA Summit 2026, taking place 29-30 September 2026, in Paris. William Mills, senior director, market development EMEA, and Roisin Gallagher, associate director, market development, EMEA both of AM Best will also be in attendance as delegates and available for meetings.
It adds another potentially dicey economic variable for Republicans and President Donald Trump, who blasted the decision Wednesday and accused the governors of trying to hurt him politically. Chair Kevin Warsh, who was nominated by Trump, emphasized after the announcement that the economy has shown signs of gathering speed since the central bank decided to…
Spotlight PA is an independent, nonpartisan, and nonprofit newsroom producing investigative and public-service journalism that holds power to account and drives positive change in Pennsylvania. That drop occurred after Congress let subsidies lapse, which caused premium payments to skyrocket. "Pennsylvania families are being squeezed from every…
OKLAHOMA CITY— In connection with Life Insurance Awareness Month, Oklahoma consumers have been matched with $260 million in life insurance and annuity benefits through the Life Insurance Policy Locator, according to the Oklahoma Insurance Department. The free service, hosted by the National Association of Insurance Commissioners, securely checks…
For most of its existence, the autism therapy known as applied behavior analysis, or ABA, has relied on armies of parents— eager to share heartrending stories of the transformation it could bring about in their children's lives— to lobby state lawmakers to require insurance coverage and other benefits. The coverage mandates these parents helped secure have…
2026 SEP 15– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ A PARTNER LIKE NO OTHER” by Kristin Grant GRANT ATTORNEYS AT LAW PLLC, representing Health Care Service Corporation. This application was made available to the…
2026 SEP 15– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in Economics. Funders for this research include National Natural Science Foundation of China, Humanities and Social Sciences Research Foundation of Ministry of Education of China, Singapore’ s Ministry of Education Academic Research Fund Tier 1..
2026 SEP 15– By a News Reporter-Staff News Editor at Education Daily Report– A new study found that nearly 20 percent of eligible adults in Medicaid expansion states are in danger of not meeting the minimum work hours that will be required nationwide beginning January 1. Up to 10 million people may lose Medicaid coverage in the United States due in part to new work…
Japan's Government Pension Investment Fund has almost as many foreign assets as the government has FX reserves. Japan's FX reserves are on the books of the Ministry of Finance and the GPIF is on the books of the Ministry of Health, Welfare and Laborso these are almost all assets of the Government of Japan, not its central bank. Korea's National Pension Service has…
The prices of precious metals, particularly gold, came under pressure at the end of last week as investors increased their expectations of a U.S. Federal Reserve rate hike at its upcoming policy meeting. Meanwhile, trade figures from China highlighted a sharp rise in Russian gold entering the country through Hong Kong. As global markets continue […]
Bitcoin has struggled to break above $81,000 as investors turn their attention to the Federal Reserve’s September meeting. A stronger-than-expected U.S. jobs report has changed expectations about interest rates and added fresh uncertainty to the cryptocurrency market. The transaction volume on exchanges like Coinbase Global Inc. (NASDAQ: COIN) after the Fed meeting will offer an… […]
A Central Washington trust insuring employees across seven public utility districts was found to have not met state-required solvency requirements at the end of 2025, which may jeopardize the health, vision and dental insurance of its employees. The Central Washington Public Utilities Insurance Program Trust— composed of seven PUDs including Douglas…
DES MOINES— The future of private management of Iowa's $7 billion Medicaid program hinges on which candidate voters choose to become the state's next governor on Nov. 3. Terry Branstad, a Republican, issued an executive order that contracted the management of Iowa's Medicaid program to private companies that are known as Managed Care Organizations, or MCOs.
On Tuesday, September 15, the Census Bureau will release its 2025 Current Population Survey data on poverty, income, and health insurance. Additional health insurance data from the Census Bureau's American Community Survey will follow later this year. Today's release comes as the Census Bureau faces data quality challenges and threats to the agency's…
"I am writing to request information regarding reports my office received of a recent outage of the Federal Reserve's National Information Center, which hosts critical data for the Fed' s bank supervision, discount window, and other functions." Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, sent Federal…
Good morning, Chicago.✶ Below: The state has mailed letters to thousands of Medicaid enrollees with low incomes or a disability. More than 700,000 people in Illinois will lose or are at risk of losing their public health insurance. Roughly 3 million people have Medicaid coverage in Illinois, about 1 in 4 people.Who' s affected: Starting Oct. 1, about 8,500 people who…
These findings come from three Census Bureau reports, "Income in the United States: 2025," "Poverty in the United States: 2025" and "Health Insurance Coverage in the United States: 2025."-. The SPM provides an alternative way of measuring poverty in the United States and serves as an additional indicator of economic well-being. For consistency with past reports, the…
