Greg Abbott outlined his plans to address home and car insurance costs during a Wednesday campaign stop in Houston. An outline of the plan shared by Abbott's campaign proposes a $400 million program in which homeowners can receive up to $10,000 for roofs that can withstand wind and hail damage. In Texas, most insurers cannot consider traffic violations when…
The State Health Plan's decision not to choose Atrium Health as a preferred provider healthcare system could derail Atrium's plan to acquire WakeMed. The Wake County Board of Commissioners will have the final say on Atrium's bid to acquire WakeMed, the N.C. Justice Center said on Wednesday. Although Atrium and WakeMed had been in talks for at least two years, the…
The following information was released by the Federal Reserve Board:. Thank you, Paul, for that kind introduction. Persistently elevated inflation imposes an unacceptable burden on American families, and it is the Federal Reserve's responsibility to restore price stability.
The average long-term U.S. mortgage rate climbed this week to its highest level in nearly a year, driving up borrowing costs for prospective homebuyers. They generally follow the trajectory of the 10- year Treasury yield, which lenders use as a guide to pricing home loans. The 10- year Treasury yield was 4.57% at midday Thursday on the bond market, up from 4.54% a…
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb” and the Vietnam National Scale Rating of aaa.VN of Military Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings reflect MIC’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance,…
Shares of Globe Life Inc. (NYSE: GL) traded at a new 52-week high today and are currently trading at $183.65. So far today, approximately 106.34k shares have been exchanged, as compared to an average 30-day volume of 690.98k shares. Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households […]
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Atradius Crédito y Caución S.A. de Seguros y Reaseguros, Atradius Trade Credit Insurance, Inc. and Atradius Seguros de Crédito, S.A., which are the main operating subsidiaries of Atradius N.V., the non-operating holding company. The ratings of ACyC, ATCI and…
Williams has been with AM Best since 2006 and is responsible for monitoring and evaluating a myriad of companies that operate in the personal lines, commercial lines and life/annuity segments in the United States and Canada. “Target Topics” is hosted by the Target Markets Program Administrators Association and covers the program business insurance segment.
These subsidiaries— Sagicor Life Inc. and Sagicor General Insurance Inc., Sagicor Life Insurance Company and ivari— collectively are referred to as Sagicor Financial by AM Best and represent the organization’ s Canadian, United States and a portion of the Caribbean operating companies. In addition, AM Best has upgraded the Long-Term ICR to“ bbb” from“ bbb-” and the…
As the cost of living – and the cost of dating – continue to rise, six in 10 Americans (60%) say poor money habits are “a dealbreaker” in a new relationship.
“Our latest economic forecasts for the P/C industry have improved since earlier this year,” said Michel Léonard, Ph.D., CBE, chief economist and data scientist at the Triple-I.“ P/C underlying growth, a key economic driver of existing and new business premium volume growth, is expected to outpace overall U.S. However, Triple-I continues to see significant risks to…
