Fed leaves interest rate unchanged but with 3 dissents as Warsh praises 'good family fight'
Some economists and Wall Street analysts had predicted the Fed would hike its rate by a quarter point. The Iran war has generated uncertainty over the economic outlook and has driven energy prices higher, intensifying inflationary pressure and creating a quandary for Fed policymakers. The three officials who dissented— Beth Hammack, president of the Federal…
According to news reporting originating in Beijing, People’ s Republic of China, by NewsRx journalists, research stated,“ In this paper, we examine the transmission mechanism of central bank digital currency in an economy with heterogeneous banks and an interbank market, using a New Keynesian DSGE framework.”. For more information on this research see: The Effects…
Latest AALTCI Price Index finds consumers who compare policies can save substantially on virtually identical long-term care insurance coverage.
Consumer Watchdog unveiled a website this week where homeowners affected by last year’ s Los Angeles County wildfires can file claims complaints against State Farm, the biggest home insurer in California. The complaints will be shared with State Farm to help speed up resolution. State Farm agreed to it, but it "s a general power that that Consumer Watchdog has,"…
2026 JUL 28– By a News Reporter-Staff News Editor at Insurance Daily News– Staff editors report on the newly launched clinical trial, NCT07703631, which has the following summary description:“ Lung cancer is the leading cause of cancer incidence and mortality worldwide as it is for highand middle-income countries. A study among resectable lung cancer in…
2026 JUL 28– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ DIGITAL ADVISOR SUCCESS HUB” by DAVID J. DAVIS BAKER& MCKENZIE LLP, representing Jackson National Life Insurance Company. This application was made available to…
2026 JUL 28– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Opioids. According to news reporting from Lexington, Kentucky, by NewsRx journalists, research stated,“ Despite naloxone’ s proven effectiveness in reversing opioid poisoning, receipt rates among the high-risk Medicaid population remain…
AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings and affirmed the Financial Strength Rating of A+ and the Long-Term ICRs of“ aa” of Tennessee Farmers Mutual Insurance Company and its affiliate, Tennessee Farmers Assurance Company, which are members of Tennessee Farmers Insurance Companies.
Unum Group today reported net income of $256.9 million for the second quarter of 2026, compared to net income of $335.6 million for the second quarter of 2025.. Included in net income for the second quarter of 2026 is a before-tax net investment loss on the Company’ s investment portfolio of $5.2 million, strategic actions impact of $30.7 million before tax, and…
American Integrity Insurance Group, Inc., a Tampa- based property and casualty insurance holding company and one of Florida’ s leading providers of residential property insurance, today announced that its Vice President of Claims, Trevor McDonald, has been named PropertyCasualty360’ s 2026 Claims Leader of the Year in the Insurance Carriers category.
W. R. Berkley Corporation today announced the appointment of Christopher L. Moede as president of Berkley Risk. Mr. Goodwin joined Berkley Risk in 2012 and successfully served as its executive vice president before being named president in 2014.. Commenting on the appointment, W. Robert Berkley, Jr., chairman, chief executive officer, and president of W. R. Berkley…
Delaware Life Launches a New Bonus Fixed Index Annuity Built for Growth, Protection, and Flexibility
Delaware Life Insurance Company, a leading provider of innovative and customizable financial solutions, today launched TrackGuard+™, a bonus fixed index annuity that combines a high upfront premium bonus, a strong lineup of index crediting strategies, enhanced in-contract liquidity, and principal protection in a single solution. “Many of today’s savers want…
The Board of Trustees for the State Health Plan approved sweeping management and beneficiary changes this month that include bringing back Blue Cross Blue Shield NC as its third-party administrator in January 2028. The SHP is North Carolina's largest purchaser of medical and pharmaceutical services. The board approved preferred provider contracts with…
Charlotte Libov, a medical writer in Miami Beach, has always encouraged cancer patients to undergo treatment, if they can, at federally designated comprehensive cancer centers whose doctors are leaders in research and clinical trials and usually offer the latest treatments. An ongoing contract dispute between the University of Miami Health System and…
Inflation and market volatility have created one of the most complex financial environments in recent memory, causing more than three in four (77%) non-retired investors to be concerned about a U.S. economic recession over the next 12 months.
Transamerica and Advo(k)ate Advisors announced the launch of the Advo(k)ate Nexus Pooled Employer Plan, a modern retirement solution designed to simplify plan administration for employers of all sizes while elevating the participant experience.
Baker succeeds Lowell Aronoff, who cofounded CANNEX in 1984. Aronoff will become the chairman of a newly created board of directors.
