INN Insider News

Data: Federal Reserve Bank of New York; Chart: Courtenay Brown/Axios The uncomfortable new normal for the U.S. economy: spending growth concentrated at the top of the income ladder, a split largely explained by wealth gains from financial assets. Why it matters: The K-shaped economy is real, though it is not particularly new. That’s the conclusion of research out Friday morning…

The Federal Reserve left interest rates steady Wednesday in what was almost certainly Jerome Powell’s final meeting as its leader, but there were the most internal dissents at a Fed meeting in 34 years. The big picture: The surprising dissents show that Kevin Warsh, whose confirmation to lead the Fed is pending in the Senate, will face significant internal resistance to delivering…

The Iran war is trapping the world’s central banks with an energy shock that simultaneously undermines growth and stokes inflation, with no good policy response to either. Each of the world’s most important central banks faces that dilemma in policy meetings this week. Why it matters: From Tokyo to Washington, central banks that were on track to normalize policy are now paralyzed,…

Data: Bureau of Labor Statistics; Chart: Courtenay Brown/Axios The U.S. economy added 115,000 jobs in April, while the unemployment rate held at 4.3%, the Labor Department said on Friday. Why it matters: Employers kept hiring through the Iran war’s energy shock, a sign of labor market resilience that complicates the case for the Federal Reserve to cut interest rates. By the…

When Kevin Warsh takes over as Federal Reserve chair, he will face vocal internal opposition to any attempts to cut rates prematurely. His predecessor will also still be roaming the halls. Why it matters: Taken together, Wednesday’s news out of the William McChesney Martin Jr. Building means that Warsh will face serious constraints if he wants to rapidly steer the Fed in ways that…

Federal Reserve chair Jerome Powell said on Wednesday that he will remain a central bank governor "for a period of time to be determined," citing attempted political interference. Why it matters: It extends Powell’s influence over monetary policy beyond the conclusion of his term as Fed chair on May 15. His term as one of seven Fed governors extends through January 2028. It denies…

This is shaping up to be a momentous week for the Federal Reserve. What comes next for the Fed’s leadership has come into clearer focus in the last three days, but one big question hangs over the institution. The big picture: On Wednesday, the Senate Banking Committee is set to advance Kevin Warsh’s nomination to lead the Fed, after Sen. Thom Tillis (R-N.C.) indicated his…

Assured Guaranty NYSE: AGO reported a stronger start to 2026 in new business production, with management pointing to higher demand across U.S. public finance, non-U.S. public finance and global structured finance, while also signaling a near-term slowdown in share repurchases as it allocates capital toward growth opportunities.

CVS Health (NYSE:CVS – Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday. Other analysts have also recently issued reports about the company. Piper Sandler decreased their price objective on CVS Health from $101.00 to $99.00 and set…

Housing, healthcare, and inflation are typically at the top of retirees’ “worry list.” However, a growing number of retired individuals are now facing another frustrating expense: unexpected business fees. Banks, utilities, subscription services, insurance providers, and even local governments are adding charges that many seniors never anticipated while they were doing their…

The Senate Banking Committee could formally notice a markup vote on the Digital Asset Market Clarity Act as early as Friday, reviving a major crypto market structure bill that collapsed in January over stablecoin yield disputes and banking industry opposition.

Skyward Specialty Insurance Group NASDAQ: SKWD reported what executives described as a strong first quarter of 2026, its first reporting period as a combined company following the addition of Apollo. Chairman and Chief Executive Officer Andrew Robinson said the results reflected “an excellent start as a combined company,” citing stronger earnings, higher book value and…

After a New Hampshire House committee voted to kick the can down the road on whether to compel insurance companies to cover wraparound mental health services for children, Gov. Kelly Ayotte was “outraged.” “I was incredibly flabbergasted and disappointed by the House vote on this,” Ayotte told reporters in her office following the vote on […]

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. May 08, 2026 For release at 5:00 p.m. EDT The Federal Reserve Board on Friday announced its approval of related applications by Columbia Bank MHC, and Columbia Financial, Inc., both of Fair Lawn, New Jersey.

Automotive The used car market across Florida now faces a troubling shift as more flood-damaged vehicles quietly re-enter circulation after a national surge in storm losses last year. Hurricanes, heavy rainfall events, and widespread flooding across multiple states pushed insurers to declare thousands of vehicles as total losses, but not every one of those cars…

C.H. Robinson Worldwide NASDAQ: CHRW shareholders approved all four proposals presented at the company’s 2026 Annual Meeting of Shareholders, including the re-election of 10 directors, an advisory vote on executive compensation, the ratification of Deloitte & Touche LLP as the company’s independent auditor and approval of an amended and restated employee stock purchase plan.

Baton Rouge, Louisiana – A federal court has ruled in favor of the insured client of J. Price McNamara, Disability, Life, AD&D Insurance Attorney in his ERISA accidental dismemberment insurance lawsuit against The Lincoln National Life Insurance Company, reversing Lincoln’s denial of benefits and awarding full benefits, plus interest and court costs.

Palomar NASDAQ: PLMR reported a strong start to 2026, with management highlighting broad-based premium growth, continued underwriting profitability and an increased full-year adjusted net income outlook during the company’s first-quarter earnings call.

Kingstone Companies NASDAQ: KINS reported a first-quarter 2026 net loss as an unusually severe winter storm season across the Northeast drove elevated catastrophe losses, though management emphasized continued improvement in underlying underwriting performance and premium growth.