Newswires

Newswires RSS Get our newsletter

These companies are collectively referred to as Assurant P&C Group. At the same time, AM Best has affirmed the Long-Term ICR of“ a-”, all associated Long-Term Issue Credit Ratings, indicative Long-Term IRs and the Short-Term IR of Assurant. Concurrently, AM Best has affirmed the FSR of A and the Long-Term ICRs of“ a” of Assurant’ s credit and life/health subsidiaries:…

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of WellPoint Insurance Services, Inc.. The outlook of these Credit Ratings is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best’ s interactive rating process.

–Two men accused of staging automobile crashes in New York City have received their prison sentences as new reforms proposed by Gov. Those measures seek to lower the nation’ s highest auto-insurance premiums and allow prosecutors to seek criminal penalties against any individual responsible for a staged accident instead of just the driver.

-Medicaid expenses are expected to be $443 million over the budget in Colorado in 2026-27.. That spending dilemma is in addition to Colorado recently being accused of owing the Centers for Medicare and Medicaid $8 million for faulty and inaccurate payments. For the 2026-2027 fiscal year, Colorado lawmakers appropriated $5.775 billion, according to the Sept….

The following information was released by the office of the Governor of Connecticut:. Governor Ned Lamont today announced that a new state tax credit is now available in Connecticut to help small businesses offer health insurance to their employees, and in turn get more individuals and families covered. Through this tax credit, we can encourage more small…

The following information was released by the Federal Reserve Bank of Richmond:. The survey, a collaboration of Duke University's Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta, was fielded from Aug. 17 to Sept. 4. "Overall, CFOs remain optimistic about the U.S. economy and their own company's prospects," said Sonya Ravindranath…

Get Started 74% of retail CFD accounts lose money Read Review. Market expectations around the Federal Reserve have shifted in a more hawkish direction, with Kevin Warsh maintaining a hawkish stance. That keeps the possibility of higher US rates in the conversation, while Canada appears more likely to remain comparatively neutral.

Jeff Landry announced Monday that the state plans to redirect $20 million in federal funding originally meant for affordable housing to instead launch another fortified roof grant program for homes impacted by recent hurricanes. After storms in 2020 and 2021 caused homeowners insurance rates to shoot up, especially in coastal Louisiana, fortified roofs…

The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Tuesday announced its approval of the application by BancFirst Corporation, of Oklahoma City, Oklahoma, to acquire and merge with Spirit BankCorp, Inc., of Bristow, Oklahoma, and thereby indirectly acquire SpiritBank, of Tulsa, Oklahoma. The Board also gave its…

Nevada drivers pay some of the highest car insurance rates in the nation, and the state's top insurance regulator says the drivers themselves are largely to blame. Full-coverage car insurance, which combines liability, collision and comprehensive protection, averages $259 a month in Nevada, according to the insurance comparison site Insurify.

In a bid to combat inflation, the Federal Open Market Committee has raised the target of its federal funds rate from 3.50%-3.75% to 3.75%- 4.00% on Sept. 16. The FMOC, despite experiencing pressure to act by consumers, had not increased its target rate since July 2023. Federal Reserve Chair Kevin Warsh led the unanimous decision, stating in a press conference on the…

The bulk of companies receiving billions in tariff refunds are mostly holding on to the cash, according to a survey released Monday by the Federal Reserve Bank of Atlanta. As of Sept. 11, approximately $134.7 billion in refund payments, including interest, had been paid out or accepted for processing, according to a court filing from U.S. Customs and Border…

A day earlier, the Board of Commissioners in Wake County approved the hospital merger 5-2 in a five-hour meeting inclusive of disruptions, tense exchanges and clearance of the room by sheriff's deputies. The shadowy move by the board, all Democrats, to put the articles of incorporation and transfer agreement on a consent agenda on a Friday before a Monday…

2026 Cobb Chamber Reed Leeper Classic is Sept. 28. The 2026 Cobb Chamber Reed Leeper Classic, one of the largest business golf tournaments in Cobb County, will be Sept. 28 at the Indian Hills Country Club, 4001 Clubland Drive in Marietta. Local firm recognized as one of Atlanta's Largest Insurance Brokers and Agents.

Abacus Global Management, Inc., a financial services company specializing in alternative asset management, with a focus on longevity-based assets and personalized financial planning, today announced the closing of a dual-tranche securitization collateralized by a diversified portfolio of life insurance policies. The total structure is valued at over…

The following information was released by the University at Buffalo- SUNY:. BUFFALO, N.Y. Federal Reserve Bank of New York President John C. Williams will visit the University at Buffalo next week as part of a multiday visit to Western New York. Background: These meetings serve to inform Williams on regional issues and are part of the New York Feds ongoing efforts to…

BOISE, Idaho— Joshua and Ashley Durham run a family medicine practice, and for the first time in their lives, they have no health insurance. "It's nerve-racking," said Joshua Durham, 47. "It just takes, you know, one little accident, and then you got a big fat bill." Nationwide, 7% of all healthcare workers were uninsured in 2024, compared with 11% of all adults under 65,…