The news correspondents obtained a quote from the research from the Board of Governors Federal Reserve,“ Quantitative easing increases credit supply less when banks’ funding costs do not decrease simultaneously. For more information on this research see: Mixing Quantitative Easing and Interest Rate Policies At the Effective Lower Bound: Micro Evidence…
Newswires
Florida has sued a company that issues climate change assessments of property risks including flooding that the state alleges are deceptive, deviate from the federal flood insurance assessments, and are depressing home sales. First Street Technology Inc., the complaint filed Friday alleges, posts "alarmist" risk data and "is marketing fear to advance a…
PEMBROKE, Bermuda—- RenaissanceRe Holdings Ltd. today announced its financial results for the third quarter of 2026.. The third quarter generally is not a significant renewal period for the Company. Net claims and claim expense ratio- current accident year increased by 9.4 percentage points compared to Q3 2025, primarily driven by the 2026 Large Loss Events,…
Colorado's Medicaid program is covering more medical services than the average private health insurance plan, which helps to explain why the state's healthcare costs have soared in the last several years, crowding out other priorities, according to a new report. The report from the Common Sense Institute said "Health First Colorado"— the state's Medicaid—…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of The West of England Ship Owners Mutual Insurance Association. West’ s balance sheet strength assessment is underpinned by risk-adjusted capitalisation at the strongest level at year-end February 2026, as measured by Best’ s Capital Adequacy Ratio.
New York Road Runners and GEICO announced a partnership making GEICO the official insurance partner of the TCS New York City Marathon, uniting two organizations focused on serving runners, fans and communities across New York City. New York Road Runners and GEICO announced a partnership making GEICO the official insurance partner of the TCS New York City…
In Texas, drivers are required to carry liability insurance, but the state's minimum coverage requirements haven't increased since 2011, even as medical expenses and other accident-related costs continue to rise. Under Texas law, drivers must carry minimum liability coverage of $30,000 for injuries to one person, $60,000 for injuries per accident and…
Great American Insurance Group is pleased to announce the promotions of Jason M. Cohen and Aaron B. Latto to Executive Vice President and Shawn V. Los to Senior Vice President. Mr. Cohen joined the company in 2006 as Divisional Vice President within Corporate Claims. Mr. Cohen graduated from Harvard University with a bachelor’ s degree in history and earned a Juris…
Karen Spangler has joined Alliant Insurance Services as Vice President within its Employee Benefits Group. The Chicago- based consultant will partner with employers across the Midwest to develop innovative benefits strategies that address evolving healthcare challenges, optimize program performance, and deliver measurable business results.
A life insurance company, one of the investors reportedly hit by a more-than- $500 million financial fraud, must stop selling policies in Virginia, the State Corporation Commission has ordered. The bureau's action and the settlement come in the wake of South Carolina insurance regulators' petition to a state court there authorizing them to take control of the…
The percentage of people without health insurance is growing
The percentage of working-age adults without health insurance has increased in the past two years, largely because many people can no longer afford Obamacare coverage after Congress allowed federal subsidies to expire at the end of last year. The uninsured rate for adults ages 19-64 rose to 11.2% this year, up from 8.9% in 2024, according to a new analysis by…
Oklahoma's Nov. 3 down ballot includes seven of the 10 statewide elected offices: lieutenant governor, attorney general, state superintendent of public instruction, treasurer, insurance commissioner, labor commissioner and one corporation commissioner. Republicans have won every every statewide election since 2010, and the political terrain remains…
How satisfied are auto insurance customers in that moment of truth when they need to file a claim? According to the JD Power 2026 U.S. “A complex mix of trends are conspiring to make this an incredibly challenging market environment for managing auto insurance claims customer satisfaction,” said Mark Garrett, director of global insurance intelligence at JD…
Two people are running to serve as District 48' s next senator in the Nebraska Legislature, representing Kimball, Banner and Scotts Bluff counties. From property taxes to government accountability, Incumbent Brian Hardin, of Gering, and Jessica Landers, of Scottsbluff, explained their positions in responses to our candidate survey issued in May.
Consumers who buy Affordable Care Act health insurance are going to see changes both big and small as open enrollment for 2027 coverage kicks off. Open enrollment starts Nov. 1 in most states. Idaho, Connecticut, and Massachusetts start earlier, and some states are already allowing "window shopping" to check premium rates.
BitGo Bank& Trust, National Association, an OCC-regulated digital asset trust bank and a subsidiary of BitGo Holdings, Inc., the digital asset infrastructure company, today announced that eligible institutional clients will be able to access the WisdomTree Treasury Money Market Digital Fund directly through BitGo Mint. BitGo Bank& Trust customers holding…
Bill McAdams, a 45- year-old travel nurse from Holiday, Florida, was uninsured last year when he experienced a stroke. Janet Marx, 56, of Milford, Connecticut, has doubled up on insurance coverage through her husband's employer and Medicare because she has lupus and fibromyalgia, disabling chronic conditions. This year, KFF Health News has chronicled how rising…
This guide is for anyone who doesn't have access to affordable health coverage through an employer. For the federal marketplace and many state-run marketplaces, OEP starts Nov. 1, 2026 and ends Dec. 15, 2026 for plans that start as early as Jan. 1, 2027, giving you six weeks to choose a health plan and get signed up. For plans with a later coverage start date, OEP does run…
To help peoplestay covered, a team of students from Brown University's School of Public Health is setting out across the city to share information and build understanding among those at risk. The initiative Stay Covered Medicaid Fellows is a partnership between the Rhode Island Medicaid Program and thePeople, Place and Health Collective at the School of…
