The following information was released by the Federal Reserve Bank of New York:. Remarks at the Partnership for New York City, New York, New York As prepared for delivery. The New York Fed and the Partnership for New York City both have missions that are focused on promoting economic prosperity and stability.
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” for Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company and Safety Northeast Insurance Company. Collectively, these companies are referred to as…
AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of“ a” to Harel Insurance Company Ltd., the main operating subsidiary of Harel Insurance Investments& Financial Services Ltd. The outlook assigned to these Credit Ratings is stable. The ratings reflect Harel’ s balance sheet strength, which AM Best assesses as very strong, as…
Americans still believe they can achieve financial success, but the definition of success is changing.
Swarmalytics has deployed a live, autonomous AI agent that runs complete predictive analysis pipelines end to end, with no human in the loop once it is running. The SwarmAI platform ingests data, trains its own models, simulates forward outcomes, and delivers analyst-quality narratives on a schedule. Its first application forecasts the insurance Producer Price Index 30 days out; the same platform generalizes to any data-rich industry.
A comprehensive legal system abuse awareness campaign, conducted by the Insurance Information Institute in Georgia in 2025, has been recognized with a Silver Award in the Best Local/Hyperlocal Campaign category of the Bulldog PR Awards. Triple-I recognized the legal system abuse challenges plaguing Georgia and launched a comprehensive campaign in…
In CVS Health Corp’s 10- K filing with the SEC, the company outlines a wide range of business and financial risks. The central takeaway is that CVS Health is a large, diversified healthcare company whose earnings depend on navigating regulation, reimbursement, medical cost trends, pharmacy economics, and complex operational execution. CVS Health Risk Factors…
New York Life announced the launch of an indemnity benefit payment option for Asset Flex, its hybrid long-term care insurance solution combining long-term care and universal life insurance. “We know that 70% of Americans turning 65 will need some form of LTC 1, but LIMRA research finds only 3% over age 50 own any long-term care insurance 2,” said Ruby Grace Reyes,…
Berkshire Hathaway Specialty Insurance today announced two promotions within its Healthcare Professional Liability business. “Jarek and Greg are leaders who have each played an important role in the growth and success of our Healthcare business,” said Leo Carroll, Head of U.S. Healthcare, BHSI.“ Jarek brings exceptional underwriting expertise, strategic…
As Blue Whale insures or reinsures Pfizer’ s international employee benefits and global property exposures, among other coverages, it plays a strategic and critical role in Pfizer’ s overall ERM in protecting the Pfizer enterprise’ s assets. Blue Whale provides substantial retentions in coverages for Pfizer, augmented by significant reinsurance capacity.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of the members of MedPro Group. These Credit Ratings apply to The Medical Protective Company and its affiliates: Princeton Insurance Company; PLICO, Inc.; Wellfleet Insurance Company; and Wellfleet New York Insurance Company; as well as MedPro’ s two reinsured…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Al Ahleia Insurance Company S.A.K.P.. The outlook of these Credit Ratings is stable. The company has reported improved pre-tax profits over the past five years, reaching KWD 29 million in 2025, equivalent to a return-on-equity ratio of 16%.
