WATERLOO— The insurance carrier for the city of Waterloo has reached a $3 million settlement in a 2021 officer-involved shooting that claimed the life of a Waterloo man. Under the arrangement, Traveler's insurance will pay $3 million with each side handling its own court costs and fees, and the estate will drop the remains of the suit against the city and Officer…
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Home insurance companies are handling fewer claims, but the ones they do pay are far more expensive than a few years ago, a new industry report indicates. The average cost per home insurance claim— which insurers refer to as "claim severity"— hit a record high in 2025, rising almost 26% from 2024, according to the July 2026 LexisNexis U.S. The average U.S. homeowner…
A Texas hospital chain’ s plan to build a boutique“ micro-hospital” in Meridian flatlined Tuesday after the City Council found that it failed to meet the city’ s code. The mini-hospital, which would have been operated by Houston- based Nutex Health, has come under fire from Idaho’ s largest health insurer, Blue Cross of Idaho, which alleges that the firm’ s billing…
Attorney General Kwame Raoul, as part of a coalition of 22 states, urged a federal court to uphold a lower court ruling blocking key provisions of an unlawful rule issued by the Trump administration in June 2025. Kennedy before the U.S. Court of Appeals for the 4th Circuit. The plaintiffs secured a major victory in June 2026, when the U.S. District Court for the…
The following information was released by Pennsylvania House of Representatives, Democratic Caucus:. HARRISBURG, Sept. 10 Following the release of new enrollment numbers under PENNIE, Pennsylvanias health insurance marketplace, which show significant disenrollments to date in 2026, state Reps. Jen Mazzocco, Arvind Venkat and Steve Samuelson are calling…
In the book, Thomas not only shares the story of how she escaped from the 92nd floor of the South Tower when the World Trade Center was attacked, but also her journey of self-discovery and healing. Thomas was 18 years old when she began working at Aon, an insurance brokerage, which operated out of the second building of the World Trade Center. "They originally settled…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of American Interstate Insurance Company, Silver Oak Casualty, Inc. and American Interstate Insurance Company of Texas. Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb+” of AMERISAFE, Inc., the ultimate parent of the group members.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of Autosure Insurance Limited. The outlook of these Credit Ratings is stable. The ratings also factor in a neutral impact from the company’ s ultimate owner, Turners Automotive Group Limited, a motor vehicle retailer and financial services group domiciled in…
The Brazilian Real has correlated to global Forex and now the USD/BRL awaits Friday’ s U.S CPI inflation data and next Wednesday’ s Federal Reserve FOMC interest rate decision. Financial institutions in Brazil have seemingly made themselves comfortable with notions regarding the coming Brazilian election and have been able to re-establish lower values in…
Consequences of expired health insurance tax credits, healthcare cuts
On Jan. 8, 2026, 16 House Republicans joined the Democrats in voting for a three-year extension of the Enhanced Health Insurance Tax Credits, but Senate Republicans allowed EHITCs to expire. Nationally, Kaiser Family Foundation reported in late June that 2026 Affordable Care Act Marketplace enrollment is down thus far by 13%. They increased 114%, from $888 in…
Despite homeowners insurance premiums remaining below the national average, California’ s insurance market continues to face significant pressures that are limiting coverage availability and driving more consumers toward nonstandard insurance options, according to a new members-only Issues Brief published by the Insurance Information Institute.
September is Life Insurance Awareness Month, a nationwide campaign to inform Americans about the benefits of having life insurance. The people we love most are the people we want to protect. Life insurance can play an important role in protecting your family when the unexpected happens.
Get Started 74% of retail CFD accounts lose money Read Review. This structural equilibrium reflects genuine uncertainty around whether the European Central Bank will reinforce or undermine euro strength relative to anticipated Federal Reserve easing, creating a bottleneck that masks where real vulnerability lies beneath current price consolidation.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb”, and the Vietnam National Scale Rating of aaa.VN of Petrolimex Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings reflect PJICO’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance,…
DES MOINES— The Iowa Department of Agriculture and Land Stewardship is awarding nearly $148,000 toward a new wetland in Cedar Rapids as part of its latest round of urban water quality projects. Iowa Agriculture Secretary Mike Naig announced Wednesday that Linn County Conservation will receive $147,600 for the Stark Settlement Wetland in the Morgan Creek…
The state insurance commissioner on Wednesday approved a 22.2% average rate increase for individual health plans in 2027— an announcement that set off alarm bells from consumer advocates and policymakers over the ballooning cost of coverage. “Families shouldn’ t experience sticker shock every year when shopping for health insurance, Commissioner Patty…
Twenty-five years ago Friday, the Sept. 11 terrorist attacks hit an economy already in recession. When the markets reopened on Sept. 17, 2001, the Dow fell 7% in a single day— the worst point drop in history up until that time— and declined 14% in the first week. Over the following months, the Central Bank made multiple rate cuts to stabilize markets, including an…
ATLANTA& NEW YORK—- Intercontinental Exchange, Inc., one of the world’ s leading providers of financial market technology and data powering global capital markets, today released the September 2026 ICE Mortgage Monitor Report. “Property insurance has been a fast-growing component of the monthly mortgage payment, but this quarter’s data shows the pace of…
TELL CITY— Shepherd Insurance celebrated its continued investment in Tell City with a ribbon-cutting ceremony at its newly renovated office at 419 Main Street, bringing together company leaders, employees, local business representatives and community members. While Shepherd Insurance has grown into a multi-state company with hundreds of employees and…