News
Claims are faster, frustrations are fading — yet auto insurance costs loom large
2+ hour, 58+ min ago (733+ words) New findings from the Rates.ca Annual Best Auto Insurance Study 2026 show that 81% of Canadians who filed an auto insurance claim in the past year were satisfied with the claims process (an 8% improvement from 2023). Yet affordability remains a dominant concern,…...
Canada’s life insurance gap is widening, despite record levels of coverage
3+ week, 2+ day ago (959+ words) Canadians are carrying more life insurance than ever, but new analysis suggests many households are still falling short of what they actually need. A new study from Toronto-based firm MyChoice finds that Canadian households are underinsured by an average of…...
DA Davidson Affirms Buy Rating as Shift4 Payments Inc. (FOUR) Founder Joins NASA
1+ mon, 1+ day ago (273+ words) Shift4 Payments Inc. (NYSE:FOUR) is one of the best beaten-down technology stocks to buy according to hedge funds. On December 18, DA Davidson reiterated a Buy rating and a $104 price target on Shift4 Payments Inc. (NYSE:FOUR). The positive stance is in…...
Trump, nine pharmaceutical companies strike deal to cut prices
1+ mon, 1+ week ago (506+ words) By Michael Erman, Jarrett Renshaw and Patrick Wingrove Dec 19 (Reuters) - U.S. President Donald Trump and nine major pharmaceutical companies on Friday announced deals that will slash the prices of their medicines for the government's Medicaid program and for cash "payers, in…...
Ontario hospitals told to find savings; ministry doesn't rule out service cuts
3+ mon, 1+ week ago (677+ words) TORONTO " Ontario's Ministry of Health has tasked hospitals struggling with deficits to come up with a three-year plan to balance their budgets, and service cuts and bed closures do not appear to be off the table for extreme cases. The…...
UnitedHealth appoints Wayne DeVeydt as CFO in another management shake-up
5+ mon, 4+ week ago (178+ words) (Reuters) -UnitedHealth said on Thursday it will replace its finance chief John Rex with an external hire, Wayne DeVeydt, adding to the management changes at the health insurer that has been struggling to control its medical costs. Rex, who has…...
Trump demands pharma CEOs lower drug prices within 60 days
5+ mon, 4+ week ago (175+ words) Investing.com -- President Donald Trump has sent letters to the CEOs of 17 pharmaceutical companies demanding action to address high prescription drug costs in the United States, the White House announced Thursday. First, extend Most-Favored-Nation (MFN) pricing to Medicaid patients for…...
Centene raises Wall Street optimism that Medicaid insurers can improve profits
6+ mon, 4+ day ago (390+ words) NEW YORK (Reuters) -Wall Street regained confidence in Medicaid insurers after Centene said on Friday it expects to be able to raise rates charged to states for 2026 health plans for low-income Americans and strengthen profit margins. Insurer shares rose across…...
Humana to reduce prior authorization requirements
6+ mon, 1+ week ago (171+ words) (Reuters) -Humana said on Tuesday it would eliminate about one-third of prior authorizations for outpatient services by January 1, 2026. Health insurers have been taking additional steps to simplify the requirements needed for prior approval on medicines and medical services. Humana will…...
Trump's spending bill will likely boost costs for insurers, shrink Medicaid coverage
6+ mon, 2+ week ago (653+ words) NEW YORK (Reuters) -President Donald Trump's spending bill is set to raise administrative costs and make managing costs more difficult for insurers like UnitedHealthcare and CVS Health's Aetna that operate Medicaid health plans, experts say. As a result, those insurers…...