AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Juniata Mutual Insurance Company. The Credit Ratings reflect JMIC’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and…

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Kuwait Insurance Company S.A.K.P.. The outlook of these Credit Ratings is stable. The ratings reflect KIC’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Hyundai Marine& Fire Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect HMF’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, favourable business profile and…

During Kevin Warsh's swearing-in as chair of the Federal Reserve, President Donald Trump told the new chair to be "independent" and "don't look at me, don't look at anybody, just do your own thing and do a great job." "For the Fed to cut rates, they would likely need to see some new negative shock to the job market, whether that be worsening of the Mideast conflict or some of…

AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B and the Long-Term ICR of“ bb+” of Veterinary Professional Insurance Society Incorporated. The outlook of the FSR is stable. The Credit Ratings reflect VPIS’ balance sheet strength, which AM Best assesses as adequate, as…

Kentucky saw a slight increase in its percentage of low birth-weight babies, from 8.7% in 2019 to 8.8% in 2024; an increase in the percentage of children without health insurance, from 4% in 2019 to 5% in 2024; and an increase in child and teen deaths per 100,000, increasing to 31 in 2024 from 29 in 2019.. And even though it is part of the family and community category,…

INDIANA- Indiana hospitals are reporting a double-digit increase in the percentage of emergency department visits since the start of 2025— a rate that is expected to climb as more Hoosiers go without health insurance or opt for high-deductible plans to offset surging premiums. Another 400,000 Hoosiers are no longer covered by Medicaid since the Indiana…

Kentucky saw a slight increase in its percentage of low birth-weight babies, from 8.7% in 2019 to 8.8% in 2024; an increase in the percentage of children without health insurance, from 4% in 2019 to 5% in 2024; and an increase in child and teen deaths per 100,000, increasing to 31 in 2024 from 29 in 2019.. And even though it is part of the family and community category,…

CareFirst of Maryland is demanding more than $50 million from two brothers over what it described as an international healthcare conspiracy "of breathtaking scale and audacity." The Baltimore- based company accused ex-insurance broker Avraham Rappaport and his brother, financial adviser Eliezer Rappaport, of heading a scheme to have their clients fly from…

The decline on Wednesday was driven by anticipation that the Federal Reserve will likely raise interest rates this year in an effort to fight inflation. U.S. markets will be closed Friday for Juneteenth. Technology stocks had some of the biggest gains and the most influence on the broader market's rise. Intel surged 10.6% after President Donald Trump…

-The central bank would implement new task forces to aid in deciding monetary policy, Kevin Warsh, the new chairman of the Federal Reserve, said Wednesday. The central bank also decided to keep interest rates at the same level of 3.5% to 3.75%. Members of the bank cited rising inflation from the U.S. conflict with Iran as a reason to keep interest rates at the same…

–New data and reports from the Committee for a Responsible Federal Budget have shown that if no legislative action is taken soon, Social Security could run out of money as soon as 2032.. Other recently released data from within the federal government reflected the projection agreed the Old-Age and Survivors Insurance and Disability Insurance funds are now…

Mortgage rates moved lower this week, but it wasn't about today's decision from the Federal Reserve to keep the federal funds rate steady. But that doesn't mean this week's Federal Reserve meeting won't impact mortgage rates. The Federal Reserve doesn't set mortgage rates, but its decisions are vital to the broader interest rate environment.