How Americans insured through ACA exchanges are managing the rise in premiums
Concerns About Upcoming Health Insurance Premium Increases About 20 million Americans are facing potential hikes in their health insurance premiums in just a few weeks. This situation hangs in the balance, largely depending on whether Congress can agree on extending subsidies connected to the Affordable Care Act. During the pandemic, lawmakers increased these tax credits, […]
State review: Costs for insured patients at St. Charles increased by 26% in 2023, and no acceptable explanation was given.
Health Care Costs Surge in Central Oregon BEND, Ore. — The St. Charles Health System in Central Oregon has seen costs for insured patients rise by 26.3% in 2023. This increase significantly exceeds the state’s target of just 3.4% annual growth in health care expenses, as reported by the Oregon Health Authority (OHA) on Monday. […]
Wildfires in L.A. Set Record for Most Expensive Insured Fire Losses Ever
A recent report reveals that the wildfires in Los Angeles in January 2025 resulted in record-breaking fire insurance losses, amounting to $40 billion in insured damages. It was reported that the overall losses from the Palisade and Eaton fires reached $65 billion. The totals were calculated based on a new report from the global reinsurer […]
Coleman County State Bank in Coleman, TX, takes over the insured deposits of The Santa Anna National Bank in Santa Anna, TX.
Santa Anna National Bank Closed Washington – Santa Anna National Bank, located in Santa Anna, Texas, was shut down today. The Office of the Comptroller of the Currency (OCC) appointed the Federal Deposit Insurance Corporation (FDIC) to take over. The FDIC has entered into a purchase and assumption arrangement with Coleman County State Bank, based […]
Medicaid reductions in the major controversial bill also endanger insured workers.
Concerns Over Proposed Medicaid Cuts On June 11, 2025, a protest occurred outside Senator Bill Cassidy’s office in Washington, D.C., addressing the proposed cuts to Medicaid. It’s worth considering how important medical insurance is for employees working through their employer plans. The newly proposed “Big Beautiful Bill,” raised by Republican lawmakers, seems rather unattractive to […]
California wildfires: insured losses could top $30B, Wells Fargo analysis finds
Million Dollar Listing Los Angeles star Josh Flagg talks about evacuating Los Angeles during the fires on Craman Countdown. The devastating wildfires that affected Southern California last week could result in guaranteed losses of more than $30 billion, according to a new analysis. At least 24 people have died in wildfires in the Los Angeles […]
JPMorgan estimates insured losses in California wildfires could top $20B
San Diego County Supervisor Jim Desmond talks about how California's policies are impacting residents as wildfires go unchecked. A new analysis from JPMorgan estimates that the overall economic and insurance losses caused by the deadly wildfires that have hit Southern California are likely to be the highest in the state's history. JPMorgan insurance analysts released […]
Hurricane Helene caused between $8B and $14B in private insured losses: Moody’s
Congressman Greg Murphy, RN.C. details the devastation caused by Hurricane Helen and the storm's impact on the upcoming presidential election. New damage estimate hurricane helen According to Moody's RMS Event Response, the firm estimates losses in the U.S. private insurance market at between $8 billion and $14 billion. Helen brought devastating flooding and storm surge […]