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Republican Health Bill Would Cut Deficit by $119B, Add 23 Million Uninsured: CBO

A bill passed by U.S. House Republicans would cause 23 million people to lose healthcare coverage by 2026 while de-stabilizing health insurance markets in some states and making it hard for sick people to buy insurance, a budget watchdog agency …

Farmers Balk as Trump Budget Caps Crop Insurance Subsidies

U.S. farm groups on Tuesday pushed back against President Donald Trump’s proposal to slash agriculture spending, viewing it as a fresh threat to a struggling farm economy. The White House on Monday proposed $46.54 billion in cuts to federal government …

Automaker Tesla Hit by Union Charges of High Worker Injury Rate

A California-based workers advocacy group released a report on Wednesday saying that Tesla Inc. data showed its workers have been injured at a rate a third higher than the auto industry average. Worksafe made the analysis after being approached by …

AXIS Adds Martin, Ross to Georgia-Based P&C Team

AXIS Capital Holdings Limited has announced the appointments of James Martin and Russ Madore, each as vice president, U.S. Programs, within AXIS Insurance’s Property and Casualty team. Martin and Madore will each be responsible for oversight of select AXIS Insurance …

Damage Reported in North Carolina From Severe Storms That Spawned Tornado

Officials in a North Carolina county say a tornado has destroyed a fire department. The Fayetteville Observer reports Sampson County Emergency Management said the Autryville Fire Department was destroyed by a tornado on Tuesday. Reports indicate the roof of the …

Family of ‘Voice’ Contestant Killed in Florida to Refile Suit Against Venue

An attorney for the family of singer Christina Grimmie says he will refile an amended wrongful death lawsuit against the promoter and venue where “The Voice” contestant was fatally shot. Attorney Brian Caplan said Tuesday that Grimmie’s family will file …

Louisiana Disaster Declarations in Last 18 Months Involved Nearly 90% of Parishes

With hurricane season fast approaching, the Louisiana Department of Insurance is pointing out that in the last 18 months, nearly 90 percent of the state’s parishes have been included in major disaster declarations. The LDI is advising policyholders to take …

A.M. Best: Outlook Stable for MGA Insurance in Dallas

A.M. Best has revised the long-term issuer credit rating (long-term ICR) outlook to stable from positive and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term ICR of “bbb” of MGA Insurance Company Inc. (MGA), based in …

Damage Assessment from 7 Oklahoma Tornadoes Ongoing

Meteorologists say seven tornados that occurred in northeast Oklahoma last week have received preliminary damage ratings. The Tulsa World reports tornados near Wagoner, Red Bird and Porter reached estimated wind speeds of up to 105 mph. The storms uprooted trees, …

Iowa Agency, Two Rivers Insurance, to Repay Cities, Counties

State regulators say an Iowa insurance agency accused of a deceptive practice has agreed to repay more than $1.3 million to local governments. The Des Moines Register reports that Two Rivers Insurance Co., which is based in Burlington, was accused …

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