Newswires

Arch Mortgage Insurance Company announced it has obtained over $249 million of indemnity reinsurance on a pool representing approximately $54.2 billion of mortgages from Bellemeade Re 2025-1 Ltd., a special purpose reinsurer. This transaction largely covers a portfolio of MI policies issued by Arch MI and affiliates primarily from July 2024 through…

The shutdown also cut off the flow of economic data on jobs, inflation, and consumer spending, which could lead the Federal Reserve to skip what had been an expected interest rate cut at its next meeting in December. “The shutdown has been harmful to the U.S. economy and to critical data collection about employment, prices and more, "said Heather Long, chief economist…

Shares of Loews Corporation (NYSE: L) traded at a new 52-week high today and are currently trading at $104.89. So far today, approximately 116.3k shares have been exchanged, as compared to an average 30-day volume of 603.88k shares. Loews Corporation provides commercial property and casualty insurance in the United States and internationally. The company offers […]

Connecticut's delegation, without exception, voted alongside their fellow Democrats against the funding measure. The federal government was shut down for 44 days, the longest period in U.S. history, Democrats insisting that any funding bill include a continuation of pandemic-era enhanced tax credits for public health insurance. Those Democrats were Jared…

OneShield, a leading provider of SaaS core systems for the insurance industry, announced today that it has become the first insurance software vendor to adopt the Cloud Security Alliance AI Controls Matrix. “Insurers are placing greater emphasis on transparency, data protection, and vendor assurance,” said Tony Villa, CEO of OneShield.“ Adopting the AI Controls…

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Ratings of“ bbb+” of Kansas Medical Mutual Insurance Company and its subsidiary, KAMMCO Casualty Company, Inc. These companies are collectively referred to as Kansas Medical Mutual Group or the group. The Credit Ratings…

The spending bill did not include any provision to extend tax credits for Obamacare health insurance premiums, a key demand made by Democrats that originally sparked the shutdown on Oct. 1. Trump, who is burdened by low approval ratings, blamed Democrats for the shutdown, while opinion polls say most Americans point the finger at him and his GOP allies for…

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Fubon Insurance Co., Ltd.. This exposure remains sizeable relative to the company’ s capital position, which is equivalent to 17% of the consolidated reported capital and surplus as of the 30 September 2025.

The law funds most federal agencies at current levels through January 30, 2026, and includes full-year fiscal 2026 funding for the Department of Agriculture, Food and Drug Administration, the Department of Veterans Affairs, as well as military construction projects and the Legislative Branch. Full year funding was not addressed for the National Breast and…

Carter Bankshares, Inc. today announced that Carter Bank, its wholly-owned banking subsidiary headquartered in Martinsville, Virginia, has received approval to become a state member bank and be regulated by the Board of Governors of the Federal Reserve System through the Federal Reserve Bank of Richmond. The Company and Carter Bank will also continue to be…

Colorado's Democratic senators voted against a package to reopen the government because they said it did not include an extension of the health insurance tax credit that they were seeking. Both had voted Sunday night against ending the filibuster against the package, which passed the Senate 60-40, with eight senators who caucus with Democrats voting with…

No tax on tips, no tax on overtime, no tax on Social Security, deductibility on auto loans. READ MORE: Stimulus check 2025: Trump promises $2,000 tariff payment, what you need to know. Income limits for those payments were $150,000 for families, $112,500 for heads of household and $75,000 for individuals.

Here& Now's Peter O'Dowd asks KFF health policy expert Larry Levitt about what kind of health care reform Democrats and Republicans want to pass. Health insurance premiums are skyrocketing, and tax credits that make Obamacare more affordable expire soon. They were not extended in this week's deal to end the ongoing government shutdown.

"These benefits include free gym memberships, transportation, summer camps, home fitness kits, Costco memberships and merit-based college scholarships, all designed to make healthy living more accessible for families that qualify in rural Nevada." New health plans are coming to rural Nevada, "the department stated." According to the Nevada Dept. of Health and…

With just under two months left in the year, U.S. consumers have just enough time to make financial moves that can impact their 2025 taxes. Evergreen Wealth, a digital Registered Investment Advisor that provides tax-aware investment management and AI-powered financial advice to affluent and high-net-worth clients seeking to build long-term wealth, today…

Luke Williams has joined Alliant Insurance Services as Senior Vice President within its Employee Benefits Group. He holds a bachelor’ s degree in political science from Gordon College. Alliant Insurance Services marks a century of success as the nation’ s leading specialty broker.

Speaking during a Coffee with Colleen online forum with Clallam County Economic Development Council Executive Director Colleen McAleer, Curt Queyrouze said status comes with responsibility. Before joining First Fed, Queyrouze was president of Coastal Community Bank in Everett and earlier served as president and CEO of TAB Bank in Ogden, Utah.

San Juan County has become the only county in Washington state with just one health insurance option after LifeWise stopped serving the area, leaving only Ambetter Health available through the Affordable Care Act marketplace. San Juan Island resident Ellen Roberts told the Journal the Medicare telehealth cuts affect her personally.

Vermont's Open Enrollment Period Begins Through Vermont Health Connect. Open Enrollment for Vermont's health insurance marketplace began on November 1. DaShawn Groves, Commissioner of the Department of Vermont Health Access, which operates Vermont's health insurance marketplace.