Newswires

The insurer— which is backed by six standard insurance companies for wildfire damage only— first sought a 35.8% hike to keep it from slipping into financial trouble, Michael Soller, spokesman for the state "s Department of Insurance, said Wednesday, May 20 via email. As of year-end 2025, about four in five of the plan’ s more than 668,600 homeowner policies in…

Providence Health& Services plans to exit most of its Oregon health insurance business next year, citing rising costs, tougher regulation and intensifying competition from national insurers— a move that will force tens of thousands of Oregonians to find new coverage. Leaders of the Renton, Washington- based health system announced the decision Wednesday,…

FLEMINGTON, NJ– The Flemington-Raritan Board of Education adopted a resolution May 13 calling on Gov. Mikie Sherrill and the state legislature to provide relief from rising health insurance costs that the district says are straining its budget and driving up local property taxes. The resolution also cites a mid-year analysis released by the state…

Severe weather and car insurance claims: What causes the most damage and what to do about it. When storms strike, car damage from hail, wind, flood or falling debris can be costly. *Since insurers place binding restrictions on policy changes once a storm is named, add comprehensive coverage to your policy before hurricane season begins on June 1.

St. Martinville– The St. Martinville City Council authorized Mayor Jason Willis to enter into an intergovernmental agreement to clean Willis Canal, a parish-owned canal just behind some apartments on Willis Drive, contingent on approval of the agreement by City Attorney Allan Durand. Willis said the parish is willing to do the work but requires the…

The Investment Company Institute released the following statement on the Securities and Exchange Commission's proposed amendments to registered offerings. "ICI is pleased to see the SEC's proposed amendments include reforms that would encourage capital formation and expand access to closed-end funds and business development company offerings.

The lawsuit between plaintiffs Full Service Hospitality LLC and Tower Capital Group— entities both associated with Wyndham owner Al Rajabi— and defendant Affiliated FM Insurance Co. has been reported as settled by the involved parties, according to an April 15 court filing with the Central District of Illinois. The 370- room, 30- story Wyndham at 700 E. Adams St….

The former lieutenant governor's proposal includes measures to ban companies like Instacart and Walmart from using AI to implement dynamic pricing, prevent health insurers from using the technology to deny insurance claims and fine companies like Meta for enabling e-commerce scammers, according to a proposal shared by his campaign.

The following information was released by Massachusetts Senator Elizabeth Warren:. U.S. Senator Elizabeth Warren released the following statement in response to the passing of Congressman for Massachusetts and U.S. House Financial Services Committee Chairman Barney Frank:. "In the aftermath of the worst economic crisis since the Great Depression, Barney…

The following information was released by the office of Wyoming Senator Cynthia Lummis:. Senate Banking Subcommittee on Digital Assets Chair Cynthia Lummis released the following statement applauding the Trump administration for issuing an Executive Order expanding access to Federal Reserve Master Accounts for digital asset companies.

On Tuesday, United States Senator Bill Hagerty, a member of the Senate Foreign Relations, Appropriations, and Banking Committees joined Mornings With Maria on Fox Business to discuss U.S.- China talks, budget reconciliation, Iran, proxy advisors and new Federal Reserve Chairman Kevin Warsh. Hagerty on President Donald Trump's visit to China: "The president…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Compagnie française d’ assurance pour le commerce extérieur, Coface North America Insurance Company and Coface Re SA, which are subsidiaries of Coface SA, the non-operating holding company of the Coface group. The outlook of these Credit Ratings is stable.

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of NiSource Insurance Corporation, Inc.. The outlook of these Credit Ratings is stable. The ratings reflect NICI’ s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, neutral business profile and appropriate…

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

Florida- domiciled personal property specialist companies recorded nearly $1 billion in underwriting gains, following a $132 million underwriting loss just two years ago, highlighting market stabilization and increasingly manageable market conditions, according to a new AM Best report. “The improved Florida property insurance landscape reflects…

In 1925, a group of Illinois farmers came together to provide fire and lightning insurance, helping to ensure their farms and crops would be protected. Over the next century, COUNTRY Financial ® grew to offer a diverse range of personal and business insurance products, as well as retirement and investment services. Today, a Farm Certified Representative can…

Prismic is sponsored by Prudential Financial, Inc. and Warburg Pincus, global leaders in insurance and investment management. Prismic is a Bermuda-exempted limited partnership and the holding company of Prismic Life Reinsurance, Ltd. and Prismic Life Reinsurance International, Ltd., each a licensed Class E Bermuda-based life and annuity reinsurance…

–Patriot Growth Insurance Services, LLC, one of the fastest-growing national insurance brokerage and services firms, today announced the launch of its new brand identity, reflecting the company’s continued evolution and the strength of its connected national platform. The refreshed brand introduces a more modern, unified expression of Patriot while…

PHOENIX– In Arizona, there were just under 1.8 million recipients of AHCCCS– the Arizona Health Care Cost Containment System, or the state's Medicaid program, as of April 2026. Daniel Derksen, an expert on the Arizona healthcare system. President Donald Trump's One Big Beautiful Bill introduced Medicaid restrictions that look to redefine work and income level…