Anthem likely to pull back from Obamacare markets in 2018 Jefferies

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Anthem Inc (ANTM. N) is likely to exit from a large portion of its Obamacare individual insurance markets next year, Jefferies analysts said, nearly a week after Republican leaders pulled legislation to overhaul the U.S. healthcare system. Anthem is one of the few health insurers that still sells plans under Obamacare. Humana Inc (HUM. N), Aetna Inc (AET. N) and UnitedHealth Group Inc (UNH. N) pulled out after reporting hundreds of millions of dollars of losses. Anthem is leaning toward exiting a "high percentage" of the 144 rating regions in which it currently participates, Jefferies analysts said in a note on Thursday after talking to the health insurer.

Obamacare, former Democratic President Barack Obama's signature legislation created by the Affordable Care Act of 2010, has had a tough beginning. The mix of sick and healthy customers has been worse than expected, and premium rates on the individual insurance market went up 25 percent this year.

The Republicans' failure to repeal Obamacare, at least for now, means it remains federal law.

Volkswagen settles 10 U.S. state diesel claims for $157 million WASHINGTON Volkswagen AG said on Thursday it has agreed to pay $157.45 million to settle environmental claims from 10 U.S. states over its excess diesel emissions, as the world's largest automaker looks to move past the scandal.

FCC to vote to restore rule making it easier to buy TV stations WASHINGTON The U.S. Federal Communications Commission said Thursday it will vote in April to reverse a 2016 rule adopted by the Obama administration that limits the number of television stations some companies can buy.

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