Newswires

AUGUST 19, 2024| CHICAGO, IL- Ryan Specialty, a leading international specialty insurance firm, is pleased to announce that today it has signed a definitive agreement to acquire certain assets of Greenhill Underwriting Insurance Services, LLC from Alera Group, Inc. Greenhill is a technology-enabled managing general underwriter focused on the allied health…

U.S economic data via inflation last week added to the notion the U.S Federal Reserve is in a position to cut interest rates. Large players have certainly priced a September rate cut into the USD/ZAR, and it is beginning to look like they are leaning into the idea another cut will take place via the U.S Federal Funds Rate in November. This week the U.S will release…

Empire State Realty Trust, Inc. and Empire State Realty OP, L.P., today announced that, as previously disclosed in the Notification of Late Filing on Form 12 b-25 filed by each Issuer with the Securities and Exchange Commission on August 12, 2024, each Issuer has determined that it is unable to file its Quarterly Report on Form 10- Q for the fiscal quarter ended June…

Healthcare in the United States is expensive. While a great deal of legislation has been aimed at keeping those costs down, looking at how it got so expensive in the first place is the key to reducing the costs. The employer-based health insurance model has disconnected patients from prices, removing a check on rising costs.

Attorneys for more than 160 insurance companies claim that a Maui judge's decision barring them from suing any party thought to be responsible for last year's Maui wildfires has no precedent around the country. The ability of property insurance companies to sue those found to be responsible for the Maui wildfires aligns with a standard industry practice…

The Cheektowaga-Sloan Union Free School District has resolved two Child Victims Act lawsuits with relatively little cost to taxpayers– at least so far. In one case, the district settled with a 56- year-old man who alleged being repeatedly abused by teacher Richard Meloon in the early 1980 s. Two insurers paid $450,000 on behalf of the district.

The Washington Post says high interest rates could be killing job gains:. The post-pandemic hiring surge is over. Since the post-pandemic inflation spike, the Federal Reserve has elevated interest rates to restrain price increases so rapid they poison the economy.

WASHINGTON— JD Vance has endorsed former President Donald Trump's call for the White House to have "a say" over the Federal Reserve's interest rate policies— a view that runs counter to decades of economic research suggesting that politically independent central banks are essential to controlling inflation and maintaining confidence in the global…

The capacity level in the insurance-linked securities segment continues to grow at a modest pace, mostly aligning with market demand as opposed to exceeding it, according to a new AM Best report. In addition, AM Best estimates the property catastrophe bond market at approximately USD 45 billion at mid-year 2024, which represents growth of USD 3 billion.

Catch up on the top stories to know in Denton today. Denton charter committee undecided on changes to City Council districts and at-large representation. Denton voters cast ballots for two at-large members on the City Council and for a council member to represent the district they live in.

—Annual inflation in July fell below 3% for the first time since March 2021, but prices for some things— such as eggs and car insurance— continued to rise. According to the latest Consumer Price Index, eggs and car insurance both cost almost 20% more than they did a year ago. "We're finally, hopefully, getting to this normalization with a little bit of inflation, a full…

Olajumoke Olateju is a Graduate Research Assistant at University of Houston University. But adults under 65 with at least $51,000 in annual income- and private health insurance coverage- saw their costs increase by $3,100 per year during the same period. I conducted this study with two other scholars, Douglas Thornton at the University of Houston and Chan Shen…

The Rutland Free Clinic recently changed its name to Rutland County Health Partners and relocated their office from State Street in Rutland to 204 North Main St.. You must live in Rutland County and be at least 18 years old to get services from the Free Clinic. If you live in Vermont and do not have health insurance, you can come to the Free Clinic to get assistance.

Progressive will no longer sell new home insurance policies in Texas as of Aug. 13, according to a report from P&C Specialist. And Midwestern states like Illinois, Minnesota, Missouri, Nebraska, and Wisconsin could be next on the underwriting chopping block, P&C Specialist reported. The company began implementing non-renewal notices for 115,000 property…

More than 8% of the U.S. population didn't have health insurance in the first three months of 2024, according to findings from the Centers for Disease Control and Prevention's quarterly National Health Interview Survey. The percentage of uninsured Americans in the first quarter of 2023 was 7.7%, according to the CDC. While 2024 numbers have broken the streak…

Glenn Youngkin signed new legislation that will expand insurance coverage in Virginia for colorectal cancer screening. Why was passage important in Virginia? The new law requires that insurance companies cover all colorectal cancer screening tests approved by the U.S. Preventive Services Task Force.

Change Healthcare allows insurers to communicate electronically with doctors' offices and pharmacies. "Change Healthcare is committed to notifying potentially impacted individuals as quickly as possible, on a rolling basis, given the volume and complexity of the data involved," the company said in a statement. BlackCat disrupted crucial operations across…

U.S Economic Data the Crucial Part of the Puzzle for EUR/USD. Timeframes matter, and the fact is financial institutions are clearly betting on the U.S Federal Reserve to not only cut interest rates in September, but likely being forced into consideration of another Federal Funds Rate cut in November. U.S economic data regarding inflation has been positive,…

What's more, high-yield savings and money market accounts– variable rate deposit accounts that are prone to change in lock step with changes to the federal funds rate as set by the Federal Reserve– could see their yields drop before the Fed's next interest rate meeting on Sept. 18. In the course of a few days late last week, economic uncertainty in the U.S. over…