And: Alaska insurance director warns of health premium increases with federal funding in jeopardy
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Today's sponsor:

Today's Sponsor: Alaska Regional

Good afternoon. It’s Friday, March 14.

In today's newsletter:

  • Jessie Holmes, a 43-year-old who came to Alaska from Alabama more than 20 years ago, cruised into Nome early this morning to earn his first victory in the Iditarod Trail Sled Dog Race.

  • A reinsurance program pioneered by Alaska to lower the state’s marketplace insurance rates is on the chopping block, having been identified for scrutiny by the Trump administration, according to the state's insurance director.

  • The Alaska Department of Revenue forecast that lower-than-anticipated oil prices are expected to result in a $70 million hit to the state treasury in the next fiscal year.

This weekend in Anchorage has something for everyone. There are two different comedy shows, March Madness Alaska for the hoops fans, and the return of the Spenard Food Truck Carnival. Check out more of this weekend's highlights here.

Anchorage weather


It's overcast today with a chance of snow showers and a high near 34 degrees. Snow is likely on Saturday, and a chance of precipitation will hang around through the weekend and into next week. Daytime temperatures will hover in the high 20s and low 30s for the next few days.

Here’s what else is making headlines in Alaska today.

— Megan Pacer, mpacer@adn.com

Jessie Holmes wins his first Iditarod after five top-10 finishes →

Holmes has raced in every Iditarod since 2018, finishing in the top 10 six times including this year's win, previously as high as third place. “It’s hard to put into words, but it’s a magical feeling. It’s not about this moment now, it’s about all the moments along the trail,” he said after reaching the finish line.

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Alaska insurance director warns of health premium increases with federal funding in jeopardy →

Alaskans insured through the federal marketplace, who number around 25,000, could see a 67% average increase in rates without the reinsurance program.

New forecast projects growing state deficit from reduced oil revenue →

The Legislature is facing a $650 million shortfall over two fiscal years based on status quo spending. Senators have started discussing new revenue measures to help bridge the state’s fiscal gap.

Authorities investigating work crew’s fatal plunge through ice near Susitna River →

The Alaska Occupational Safety and Health section and the union representing the two men who died, as well as the contractor on the job, say they have opened investigations into what may have caused the trip to go so wrong.

At least 138 fired federal employees have applied for unemployment insurance in Alaska →

More than 130 recently-fired federal employees in Alaska have applied for state unemployment benefits in recent weeks, amid efforts from the Trump administration to slash the size of the federal workforce.


See also: Two judges order Trump administration to rehire fired probationary workers in multiple agencies

Judge upholds decisions of federal trawl fishery managers’ decisions amid Bering Sea salmon crisis →

Federal fisheries managers did not mishandle trawl fishing rules amid Alaska’s ongoing salmon subsistence crisis, a federal judge in Anchorage has ruled. (via Alaska Beacon)

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More from the ADN

Alaska regulators reject permit application for controversial gold project →

Senate works to prevent a government shutdown as Democrats divide ahead of midnight deadline →

Hanging their hat on defense, Manokotak boys advance to 1A state basketball semis →

Alaska 2A state basketball: No. 8 Chevak girls shock top-seeded Metlakatla; Seward boys and girls dominate →

A government program made tax filing free and more efficient. Musk and DOGE may get rid of it. →

Alaska gardening: Consider forcing rhubarb now by creating your own cloche →

How Education Department layoffs hit student loans, testing and civil rights enforcement →

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