An insurance company, which has insured several New York hospitals and charities, has filed for bankruptcy and is closing its practice after being overwhelmed by lawsuits related to that state’s Child Victims Act (CVA). Bermuda-based Northeast Insurance Company filed for Chapter 15 bankruptcy protection in New York on Oct. 15, seeking U.S. recognition of its ongoing liquidation process in Bermuda.
ACA health insurance enrollment has doubled due to expanded subsidies, but political deadlock over extending these subsidies threatens 2026 premiums and market stability.
Explore the escalating strain on U.S. emergency rooms due to risk of ACA subsidy expirations and significant Medicaid cuts, impacting healthcare access and costs nationwide.
Explore how the Affordable Care Act reshaped the US insurance market by mandating coverage for pre-existing conditions, slowing healthcare cost growth, and highlighting ongoing challenges in drug pricing and insurer practices.
Senate Majority Leader John Thune offers Democrats a vote on extending ACA premium subsidies during ongoing government shutdown negotiations, emphasizing process over outcome and pushing Department of Defense funding bills.
A bipartisan clean continuing resolution to fund the U.S. government faces Senate Democrat opposition, causing a shutdown that disrupts federal services across industries including aviation, agriculture, and veterans affairs. Industry leaders urge prompt passage to restore pay and maintain national security and economic stability.
The University of Maine System will switch its health insurance to Anthem starting in 2024, despite ongoing contract disputes between Anthem and Northern Light Health, impacting network access for employees.
California's insurance sector achieved $6.7 billion economic output and 29,000+ jobs through enhanced supplier diversity, reveals new report by California Department of Insurance.
Explore the impact of inflation and regulatory changes on Medicare coverage, including rising premiums, Medigap cost increases, and the critical December 7 enrollment deadline for beneficiaries.
The U.S. government shutdown enters its 13th day amid stalled negotiations over healthcare funding and federal appropriations, disrupting government operations and impacting insurance regulatory activities.
