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At a July conference convened by the European Central Bank, he pronounced: "If there were people in households or the business sector or the financial markets who thought that this central bank was going to be comfortable with an inflation objective above 2%, well, I guess they’ d be disappointed." He testified in Congress that he had“ no tolerance for persistently…

Third Wave Insurance, a retail insurance brokerage platform backed by TPG, a leading global alternative asset management firm, today announced the appointment of Paul Vredenburg as Chief Executive Officer. Third Wave Founder Brian Bair will transition to President and remain actively involved in leading the company’ s insurance operations.

The state's Department of Financial Services last week approved new insurance rates for 2027 that include an average cost increase of 6% for individual market plans and 8% for those enrolled in small group market plans. In a statement, the Department of Financial Services said the reduced rates will shave $1.6 billion off insurance costs next year compared…

Kevin James Murphy was killed on the 100th floor while working for Marsh& McLennan, a global professional-services firm specializing in insurance brokerage, risk management, consulting and other services. From Smithtown, Long Island, and one of five children, he had just turned 40 on Sept. 1. His widow, Beth Murphy, was left to raise their two children, Connor, 7, and…

Brandon Tory Hood and his wife, Heather Lynn Hood, are accused of submitting fraudulent life insurance applications using personal information Brandon Hood allegedly accessed through law enforcement databases while working as a Lawrence County deputy. Lawrence County Chief Deputy Brian Covington said Friday that Brandon Hood had previously served as…

Two smoke-damage bills awaiting the governor's signature address a longstanding issue brought to the fore by the Los Angeles County fires: When is it safe for wildfire survivors to move back into their homes? After the deadly January 2025 fires, which destroyed more than 16,000 structures, the state Insurance Department estimates that more than 13,000 out of…

The issue was raised during a County Council work session by Council Chair Justin Paulsen, who sits on a subcommittee examining insurance gaps. UW Clinic agreed to temporarily accept Ambetter, and the Orcas clinic brought it on through Highland Hospital. Officials fear losing Ambetter entirely in the next cycle, leaving zero carriers— something the state…

–After Trump's 19 August "ECONOMIC D-DAY" and Bessent's 24 August "Operation Economic Outcast," secondary sanctions threaten Central Asia's use of Iran as a southern door–not because the republics back Tehran, but because a Kazakh or Uzbek container south can touch Iranian trucks, rail, ports, insurance, banks, and IRGC-tied firms. Kazakhstan: trade with Iran…

The New Mexico Office of Superintendent of Insurance has approved 2027 rates for individual market Affordable Care Act plans sold on and off BeWell, the New Mexico Health Insurance Marketplace. “Rising health care costs and inflation are continuing to affect consumers nationwide and New Mexico is no different. New Mexico’ s Health Care Affordability Fund…

But a new survey of 1,887 people with health insurance conducted from May through July of this year by GoodRx, a platform for medication savings, shows that having coverage doesn't always mean having affordable access to care. GoodRx Research has previously documented these pressures in prescription coverage. *According to new survey data from GoodRx…

BOWIE, Texas– Legend Bancorp, Inc., the holding company for Legend Bank, N.A., announced today that the Federal Reserve Bank of Dallas approved Legend Bank's application to acquire Graham Savings and Loan. "The approvals received from shareholders and regulators represent an important milestone for both organizations," said Jay Bearden, President& CEO of Legend…