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The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs:. United States Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement:. "Donald Trump is driving up costs so much that even his sock puppet at the Fed might raise interest rates.

Many gold investors are anxiously waiting to hear what rate decision will come out of the September meeting of the Federal Reserve. While the decision made may have an effect on the gold market, the impact is unlikely to be as durable as the effects of the current actions that the U.S. Treasury is already […]

Connecticut Attorney General William Tong issued the following news release:. -Attorney General William Tong today released the following statement regarding double-digit average rate hikes approved by the Connecticut Insurance Department for Anthem, ConnectiCare and UnitedHealthcare for individual and small group plans covering approximately…

AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to“ a-” from“ bbb+” of Eurasia Insurance Company JSC. While Eurasia’ s financial flexibility is considered limited from its parent, Eurasian Financial Company JSC, which has a weaker credit profile, primarily due to its ownership of JSC Eurasian Bank, regulatory…

WASHINGTON COURT HOUSE, Ohio— The Fayette County commissioners met Monday to address county IT outages, review health insurance options, and approve two land annexations into the Village of Jeffersonville. IT Specialist Mike Meadows reported responding to the Fayette County Board of Elections office Sunday afternoon after a backup generator failed…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Ardellis Insurance Ltd.. The outlook of these Credit Ratings is stable. As of Dec. 31, 2025, approximately 62% of Ardellis’ premium represented unaffiliated business.

HoneyQuote, an AI-enabled insurance brokerage building the infrastructure for coastal insurance distribution, has partnered with private equity firm, Growth Catalyst Partners, to accelerate its expansion across Florida and other vulnerable coastal markets. The transaction includes a significant equity commitment from GCP to support acquisitions…

War in Iran has created a global fuel shortage that is driving up oil prices, which has a trickle down effect on consumers, and the latest economic measures show inflation remains sticky, threatening to grow more. "The responsibility for 65 months of sustained, elevated inflation sits squarely with the central bank," Kevin Warsh, Federal Reserve chairman, said in an…

—U.S. stocks slipped Wednesday after the Federal Reserve hiked its main interest rate for the first time in three years and suggested more may be ahead as it tries to get the nation’ s high inflation under control. The U.S. stock market initially held onto its modest, early gains after the Fed announced its decision. But stock prices weakened later in the day as Fed…

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of National Grid Insurance Company Limited, a captive insurer of National Grid plc. The outlook of these Credit Ratings is stable. The ratings reflect NGICL’ s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating…