Doug Bailey

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Doug Bailey

Doug Bailey is a journalist and freelance writer who lives outside of Boston. He can be reached at [email protected].

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September 27, 2023
Photo of Calif. Gov. Gavin Newsom against a backdrop of photos of storm damage and fires.

Newsom aims to stabilize Calif. P&C market, lure back insurers

California governor signs order to try and stabilize the state’s straining property and casualty insurance market.

September 22, 2023
Image of rows of seated robots making phone calls on computers.

Allstate, other insurers among those facing robocall lawsuits

Lawsuits seeking class-action status allege marketers, particularly insurance companies, are guilty of cold-calling millions of consumers.

September 20, 2023
Image of the Treasury Building in Washington, D.C., with the words "No Interest rate change" superimposed.

Fed: No interest rate change, but future tweak possible

The Fed, said it will maintain its target range for the federal funds rate but would consider a future hike depending on data.

September 19, 2023
Image of a landscape with an overlay of digital icons, with the words "MAPFRE Insurance" superimposed.

MAPFRE Insurance faces lawsuit for data breach

MAPFRE Insurance, which was hit with a data breach in July impacting more than 300,000 customers is now facing a federal lawsuit.

September 18, 2023
Image of list of items on a clipboard against a background that includes the Securities and Exchange Commission logo.

SEC cracks down on 9 firms for Marketing Rule violations

In a significant crackdown on misleading financial industry marketing, the SEC moved against nine registered investment advisers.

September 14, 2023
Image of destruction caused by natural catastrophe with the words "$133B" superimposed.

Natural catastrophe insured loss jumps to record $133B

Rising exposure, replacement values spur annual average natural catastrophe insured losses to set record $133 billion.

September 12, 2023
The word "Medicare" superimposed above the image of a sunrise.

As Medicare open enrollment approaches, questions abound

Choosing a Part D or C plan which involves private insurer during Medicare open enrollment can be overwhelming.

September 11, 2023
Image of people in the background with the official seal of the California office of the insurance commissioner superimposed.

Insurance commissioner warns on false Calif. LTC plan information

California’s insurance commissioner puts long-term care insurers and agents on notice for spreading misleading marketing materials and emails.

September 8, 2023
Photo of Maui fires.

These claims adjusters work for Maui fire policyholders

Public insurance claims adjusters are in the business of representing insured residents and business owners.

September 6, 2023
Illustration of a row of homes with one missing. 12%-of-US-homeowners-foregoing-home-insurance-study-finds.

12% of US homeowners foregoing home insurance, study finds

Weather-related disasters have caused insurance companies and customers to abandon coverage, with 12% of homeowners forgoing home insurance.

September 1, 2023
Illustration of an arrow hitting a bullseye. Some-optimistic-Fed-can-hit-elusive-2%-inflation-target.

Some optimistic Fed can hit elusive 2% inflation target in early 2024

Money managers, economists, and fiduciaries generally believe the Federal Reserve’s efforts to tamp down rising prices are working.

August 23, 2023
Image shows a Yankees batter

Legendary MLB teams break marketing ground with insurance sponsors

Both the Boston Red Sox and the New York Yankees have added insurance company logos to their uniforms, the first time either team has allowed commercial advertising on their jerseys.

August 18, 2023
Image shows the Guardian logo in the form of a tooth being pulled.

Guardian Life exits Massachusetts’ small-plan dental market after referendum

Guardian Life Insurance will no longer provide dental insurance to small employers as a result of a statewide ballot question that requires at least 83% of revenue from premiums be spent on patient care.

August 16, 2023
Image shows a pair of natural disaster scenes.

Study: onslaught of storms, wildfires, drives 3 million from their homes

According to a new study, a staggering three million Americans were displaced due to natural disasters over the past year.

August 14, 2023
Image of a sinister robotic figure against a background of electric circuits. AI-enabled cybercrime becoming more effective, insurance experts say.

AI-enabled cybercrime becoming more effective, insurance experts say

The task of policing cybercrimes has suddenly gotten more difficult as criminals employ AI, insurance officials say.

August 9, 2023
Brighthouse Financial, Inc., log against a backdrop of graphic symbols. Brighthouse surprises with solid Q2 earnings, beating estimates.

Brighthouse surprises with solid Q2 earnings, beating estimates

Brighthouse Financial Inc. surprised investors with a “solid” second quarter financial results, buoyed by increased life insurance sales.

August 7, 2023
Image of the KKR logo against a backdrop of fever graph lines. Global Atlantic buoys KKR Q2 earnings, while insurance costs soar.

Global Atlantic buoys KKR Q2 earnings, while insurance costs soar

Private investment giant KKR & Co. Inc. released second quarter earnings results Monday that topped Wall Street expectations.

August 4, 2023
Equitable Holding logo, with graphs showing both rise and fall. A mixed bag for Equitable's Q2 earnings.

A mixed bag for Equitable’s Q2 earnings

Equitable Holdings Inc. turned in a mixed financial scorecard for the second quarter, showing a blend of successes with some challenges.

August 2, 2023
Image of Allstate logo superimposed over graphs showing downward trend. Climate catastrophes take toll on Allstate earnings.

Climate catastrophes take toll on Allstate Q2 earnings

Severe weather and climate catastrophes took their toll on Allstate Corp.’s earnings in the second quarter.

August 2, 2023
Image of Janet Yellen superimposed of a background with the word "Protection" repeated. Yellen warns of insurance 'protection gap' due to climate disasters.

Yellen warns of insurance ‘protection gap’ due to climate disasters

Treasury Sec. Janet Yellen warns of a “protection gap” for Americans seeking insurance for climate-related disasters.

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