Articles by Alex Nussbaum

Fossil Fuel Divestments by Insurers & Other Investors Top $3.4 Trillion: Activists

Insurers, cities and other investors controlling more than $3.4 trillion in assets have pledged to keep some or all of their money out of fossil-fuel companies — a high-water mark for the divestment movement, according to climate-change advocates. The number …

Climate Change Adds Billions to U.S. Hurricane Losses: Study

Climate change has added billions to the toll of hurricane strikes on the U.S., according to a study that challenges the prevailing scientific view that the rising cost is mainly because more buildings, towns and businesses are in the way. …

NOAA Research Warns Global Warming Continues Unabated

The pace of global warming hasn’t slowed since 1998, a finding that contradicts a major United Nations study and challenges a key argument of skeptics of manmade climate change. Temperatures since 2000 have risen at a pace that is “virtually …

States, Insurers Working on Ways to Bypass Obamacare Federal Exchange

States and insurers are already working to bail out President Barack Obama’s healthcare overhaul, anticipating the system’s online insurance exchanges may not be ready by a critical December deadline. All of the alternatives have drawbacks. Insurance companies are hoping to …

Obamacare Banking on Enrollment Surge Near Deadlines

Almost 1 million people who applied for health care on the government insurance exchanges last month left without choosing a plan, a pipeline of potential customers the Obama administration must persuade to return. While 106,185 people enrolled, 10 times as …

Insurers Worried About Data From Federal Health Exchange

Insurers are getting faulty and incomplete data from the new U.S.-run health exchange, which may mean some Americans won’t be covered even after they sign up for an insurance plan. While it’s not clear how widespread the problem is, the …

Obamacare Day 1: Exchanges Struggled With High Demand; Fixes Promised

The Obamacare insurance exchanges struggled to handle a flood of consumer interest that closed the U.S. website for much of the day, and caused start up delays for most of the marketplaces run by the states. In New York, officials …

Obamacare Exchanges Open for Business Today; Some Glitches Expected

The three-year effort to open the Obamacare health-insurance exchanges culminates today, beset by logistical delays and efforts by Republicans to shut down the U.S. government in protest. Even states that have cooperated with the rollout, designed to enroll the uninsured …

Employers Making Benefit Changes Under Cover of Obamacare

Barack Obama wanted to change American health-care as we know it. And he is, in ways that go far beyond the goals of the Affordable Care Act. For weeks, headlines have cataloged the upheaval at private employers: UPS dropping coverage …

Employer Health Premiums Slow for Second Year: Kaiser

Health-insurance premiums to cover working Americans rose 4 percent this year, less than the previous two years in another sign that the cost of employee benefits for U.S. companies may be slowing. Annual premiums for a person who opts for …