A survey released this month by the insurance firm Northwestern Mutual says that many Americans, including some in their 50 s and 60 s, rely on their parents for financial help. The Federal Reserve also conducts an annual survey on financial well-being, and it also reported an increase in the reliance on parents to pay the bills. In many ways this is not surprising;…

Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce the acquisition of Webtec Insurance Services, Inc., a specialized insurance agency primarily focused on auto and homeowners insurance. Founded over 40 years ago, Webtec Insurance Services built a strong reputation…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Everlake Life Insurance Company and Everlake Assurance Company, collectively known as Everlake Life Group. Everlake Life is ultimately owned by Everlake Holdings, LP, and Blackstone Inc. is the ultimate parent company of the general partner of the vehicle…

—The average long-term U.S. mortgage rate fell this week, tracking Treasury yields that have retreated since a deal to end the war with Iran was announced. With inflation still well above the Federal Reserve’ s 2% target, officials at the U.S. central bank left the benchmark interest rate where it was on Wednesday. It was the first meeting with new Fed Chair Kevin…

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Nuclear Electric Insurance Limited and its subsidiaries, Cedar Hamilton Limited and NEIL Overseas Designated Activity Company. The ratings also acknowledge NEIL’ s management culture and its exclusive…

“This recognition is especially meaningful because it reflects the trust travel advisors place in our team every day,” said Linda Fallon, Division President, Consumer Business at Arch Insurance.“ We are proud to support advisors and their clients with solutions that help travelers prepare for the unexpected. Arch RoamRight ® is an industry-leading travel…

U.S. insurers paid an estimated $1.65 billion in lightning-related homeowners insurance claims in 2025, a 59% increase from the $1.04 billion paid in 2024, according to the latest figures from the Insurance Information Institute. Florida, California and Texas led the nation in the number of lightning-related homeowners insurance claims.

Benton Sawrey, a Clayton Republican who chairs healthcare committees, said during a committee hearing Wednesday that House Bill 59 includes provisions suggested by the state Department of Health and Human Services and law enforcement partners“ in order to strengthen our Medicaid program integrity and compliance issues.”. Should the Senate pass it, the House…

InsuranceAUM.com, affiliated with The Institutes, welcomed executives from more than 60 insurance companies to the 5th Annual Insurance Investment Executives’ Meeting, held June 9– 11, 2026, at the University of Chicago Booth School of Business’ Gleacher Center in Chicago, Illinois. 2026 LP of the Year: Lale Topcuoglu, Head of Investment Strategy& Public Fixed…

Alliant Insurance Services has expanded its Employee Benefits Group with the addition of Derek Ackerman as Vice President. Based in Phoenix, Arizona, Ackerman will work with employers nationwide to design and implement strategic benefits programs focused on improving plan performance, controlling healthcare costs, and increasing organizational…