See all posts tagged: "is it good to change auto insurance companies"



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State extends open enrollment for health insurance through NJ Marketplace until May 15 due to pandemic

Government Phil Murphy announced Monday that the state will offer a special enrollment period for Get covered New Jersey, the state-based health insurance market that allows residents to get insurance until May 15th. The extended period is a direct response to the COVID-19 pandemic. The state said many residents find discounts. click here for more information on prices and plans. New Jerseyans whose annual income is up to 400% of the federal poverty level ($ 51,040 for one person and $ 104,800 for a family of four) are eligible for state aid in addition to the federal tax credit. The…

With $ 110 billion in revenue, Centene appears to be diversifying with Magellan’s mental health business

Centene is now a national health insurance player, reporting $ 111 billion in annual 2020 revenue, ... [+] said the company on Tuesday, February 9, 2021. Chairman and CEO of the Centene, Michael F. Neidorff will attend the Forbes Healthcare Summit 2019 at the Jazz in Lincoln Center on December 5, 2019 in New York City. (Photo by Steven Ferdman / Getty Images) Getty Images Health insurance company Centene reported a loss in the fourth quarter, mainly due to acquisition costs, as the company adds more services, continuing in 2021 with the addition of Magellan Health. The Centers on Tuesday…

The car loan market is rising as US car demand holds

While whizzy assets from Tesla to bitcoin have caught the attention of investors, an old-fashioned one has quietly had a strong run in the Covid-19 era: auto loans.The prices of bonds backed by car loans have hit several-year highs. The more risky triple B groups of auto-baked bonds are now trading at interest rates that are only 0.7 percentage points higher than treasuries with similar maturities, according to JPMorgan. The extra return on the world's leading risk-free asset has fallen by 0.3 percentage points from its previous lows in January 2020, before the coronavirus crisis began. Even when interest rates…

Treasuries backed by Fed promise of ‘patiently accommodating’ policy

Government bonds rose on Thursday after the US Federal Reserve stressed that there would be no rapid changes in monetary policy for the world's largest economy. Speaking at the Economic Club of New York on Wednesday afternoon, Federal Reserve Chairman Jay Powell stressed the importance of "Patiently accommodating" monetary policy to boost the pandemic-driven U.S. labor market. The yield on the two-year US government bond fell briefly below 0.1 percent for the first time on Thursday, according to Bloomberg data, before stabilizing at approx. 0.11 percent. Further stimulus, roll-out of Covid-19 vaccines and continued Fed support have raised the outlook…

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