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Safety Insurance Group, Inc. Announces First Quarter 2026 Results and Declares Second Quarter 2026 Dividend

May 6, 2026

Net loss for the quarter ended March 31, 2026 was $14.3 million, or $0.99 per diluted share, compared to net income of $21.9 million, or $1.48 per diluted share, for the comparable 2025 period. Non-generally accepted accounting principles operating loss, as defined below, for the quarter ended March 31, 2026 was $0.72 per diluted share, compared to non-GAAP…

agilon health Reports First Quarter 2026 Results

May 6, 2026

agilon health, inc., the trusted partner empowering physicians to transform health care in our communities, today announced results for the first quarter ended March 31, 2026. Total members on the agilon platform decreased to 536,000 as of March 31, 2026, including 426,000 Medicare Advantage members and 110,000 ACO model beneficiaries.

California’s New IVF Law: Expanded Coverage for Same-Sex Couples and Single Parents

May 6, 2026

California is once again at the center of a major shift in reproductive healthcare, this time with a groundbreaking IVF law aimed at expanding access. For many families, the cost of in vitro fertilization has long been a barrier, often reaching tens of thousands of dollars per cycle. The new legislation seeks to ease that…

Robert Howell, California insurance commissioner candidate, 2026 primary election questionnaire

May 6, 2026

Ahead of the June primary election, the Southern California News Group compiled a list of questions to pose to the candidates who wish to represent you. Other political positions held: Santa Clara County Central Committee for the Republican Party. I "m running again because just as in 2022, California" s insurance system is failing the people it "s supposed to…

TWO ORLANDO RESIDENTS SENTENCED FOR $148 MILLION CONSTRUCTION PAYROLL SCHEME THAT DEFRAUDED THE IRS AND WORKERS' COMPENSATION INSURERS

May 6, 2026

The court also ordered the defendants to pay $37,174,388 in restitution to the IRS for unpaid payroll taxes. Juana Escobar pleaded guilty on July 8, 2025, and Rene Escobar pleaded guilty on November 20, 2025. Rene Escobar is a naturalized U.S. citizen from Ecuador.

OPENING REMARKS AT THE 2026 FEDERAL RESERVE FINANCIAL AND MONETARY HISTORY CONFERENCE

May 6, 2026

The following information was released by the Federal Reserve Bank of New York:. Kartik Athreya, Director of Research and Head of the Research and Statistics Group. Ill thank first of all Stephan Luck and the program committee for making this happen, and Cindy Smith in our events team, well, for making this happen.

CAMICO Posts 2025 Financial Statements, Operations Report

May 6, 2026

CAMICO, the nation’ s largest CPA-owned and directed program of insurance and risk management for the accounting profession, posted total policyholders’ surplus of $47 million and gross written premium of more than $69 million for the year ended December 31, 2025. Founded in 1986, CAMICO is endorsed by state CPA societies and associations in Alaska, Arizona,…

Central Banks Are At Odds And Out Of Easy Choices

May 6, 2026

The Federal Reserve maintains an easing bias despite $39 trillion in U.S. debt and record interest expenses.

Two California home insurers to raise rates, expand coverage by late 2026

May 6, 2026

Two California home insurance providers, Travelers Insurance and the the Interinsurance Exchange of the Automobile Club, are seeking to hike rates 7% and 11%, respectively, under a new catastrophic modeling plan adopted by the state in 2025.. With 32,756 California policyholders of its total 195,413 policyholders in distressed areas, Traveler’ s plans to…

Americans unprepared for increased longevity

May 6, 2026

As lifespans continue to grow longer, Americans are increasingly feeling unprepared for the road ahead, according to the 2026 Mind, Body, and Wallet report from Guardian Life.

THE WEEK IN REGULATIONS: MARINE TERMINAL FIRES AND MARIJUANA RESCHEDULING

May 6, 2026

The following information was released by the Competitive Enterprise Institute:. The Federal Reserve held interest rates steady, and outgoing Chairman Jerome Powell will remain on the Fed's Board of Governors when Kevin Warsh takes over. GDP rebounded to 2 percent growth in the first quarter of 2026. Spirit Airlines shut down, likely making it a victim of…

Record number of Washingtonians drop health insurance after loss of tax credits

May 6, 2026

After the U.S. Congress didn’ t renew certain federal health-care subsidies last year, the number of Washingtonians ditching their health insurance has soared to“ unprecedented” levels. “There has not been a drop of this magnitude since Washington Healthplanfinder was launched in 2012,” the state’ s exchange said in a May 5 news release. Tara Lee, chief of…

Close loophole on genetic discrimination in insurance

May 6, 2026

JB Pritzker envisions Illinois as a leader in life-science investment and jobs, highlighted by the announced in March with the biotherapeutics company CSL. This doesn’ t just save lives; it puts money back into Illinoisans' wallets rather than the $22 billion coffers of the insurance industry. The Illinois Senate introduced new legislation, Senate Bill 2799,…

Best’s Market Segment Report: Challenges Persist for the U.S. Medical Professional Liability Market; Insurers Focus on Pricing, Risk Management

May 6, 2026

Pressured in part by rising claims severity and social inflation, the U.S. medical professional liability segment reported another year of increased underwriting losses as direct premium growth slowed, according to a new AM Best report. “The premium growth in 2025 was generally below expectations, reflecting competitive forces impacting carriers pushing…

Doctors press more states to cap malpractice payouts

May 6, 2026

Rising liability insurance costs are prompting doctors to call on states to impose more limits on the damages patients can collect in malpractice cases. Why it matters: More than half of the states have enacted malpractice payout limits, in an effort to make insurance premiums more predictable. But groups led by the American Medical Association say that without more relief,…

GLP-1 costs loom large for employers

May 6, 2026

Nearly eight in 10 employers report that GLP-1s are driving an increase in their company’s health care costs, leaving many to consider some difficult choices in balancing costs and care.

KBRA Releases Monthly CMBS Trend Watch

May 6, 2026

KBRA releases the April 2026 issue of CMBS Trend Watch. In addition, with the Federal Reserve leaving interest rates unchanged in April, rate stability could boost issuance. In April, KBRA published pre-sales for 10 deals, including five SB, two conduits, one Agency, one CRE CLO, and one re-remic.

Candidates for governor offer different views on state’s role in medical care

May 6, 2026

And while those decisions were made by Congress, the two people running to be the next governor of New York have different ideas for how they want to see the future of Medicaid and health care in New York play out. The Essential Plan is New York's implementation of the Medicaid expansion authorized by the Affordable Care Act, making health insurance available to…

AIG Underwriting Income More Than Triples in Q1

May 6, 2026

Financial results for the first three months of the year included catastrophe losses of $180 million, compared with $525 million a year ago, plus favorable net prior year development of $132 million versus $64 million in Q1 2025.. The combined ratio for the General Insurance unit— which includes North America commercial, international commercial and global…

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