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Don't Let Fall Storms Drain Your Wallet, Says Mercury Insurance

September 4, 2025

LOS ANGELES, Sept. 4, 2025/ PRNewswire-PRWeb/– As cooler temperatures and the autumn season weather approaches, Mercury Insurance is encouraging homeowners to prepare their properties now for fall and the winter months ahead. "Preparing your home for fall weather, and everything that comes with it, is one of the smartest financial decisions a homeowner can make,"…

Massachusetts state health insurers to be required to cover vaccines, regardless of CDC guidance

September 4, 2025

The announcement comes after Health Secretary Robert F. Kennedy Jr.’ s extensive restructuring and downsizing of the Atlanta- based Centers for Disease Control and Prevention, including the firing of former CDC Director Susan Monarez last month. For decades, the CDC has set the nation’ s standards on vaccines— which ones are recommended and who should get them.

Trump's War On Fed Could Ignite Gold's $4,500 Liftoff

September 4, 2025

According to a new note by Goldman Sachs analyst Samantha Dart, the next phase for gold may be less about inflation or interest rates— and more about politics, credibility and trust in U.S. institutions. Goldman's base case sees gold reaching $4,000 by mid-2026, driven by strong central bank demand, global diversification away from the U.S. dollar, and growing…

The Latest: DOJ investigates mortgage fraud claims against Federal Reserve governor, AP source says

September 4, 2025

The Justice Department has issued subpoenas as part of an investigation into mortgage fraud allegations against Lisa Cook, who is fighting a Trump administration effort to remove her from her role as a Federal Reserve Governor. Meanwhile, U.S. Health Secretary Robert F. Kennedy Jr. appeared before a congressional committee Thursday, where he faced questions…

AM Best Affirms Credit Ratings of Chubb Perú S.A. Compañía de Seguros y Reaseguros

September 4, 2025

Chubb Perú initiated operations in 1998 as Altas Cumbres; in 2007, it was acquired by ACE Group and named ACE Seguros S.A., until 2016, when ACE Limited acquired The Chubb Corporation and rebranded the company. As of December 2024, 66% of the company’ s gross written premium was composed of property/casualty products, with accident and health comprising 28% of…

AM Best Affirms Credit Ratings of La Colonial, S.A. – Compañía de Seguros

September 4, 2025

Partially offsetting these positive rating factors is the competitive market environment in the Dominican Republic. La Colonial is the fifth-largest insurance company in the Dominican Republic, with an 8.5% market share as of May 2025. The company has maintained its leading position in the Dominican Republic despite changing market dynamics, which…

AM Best Affirms Credit Ratings of Toyota Motor Insurance Company

September 4, 2025

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Toyota Motor Insurance Company. The outlook of these Credit Ratings is stable. TMIC’ s neutral business profile benefits from its relationship with its U.S. parent, Toyota Motor Credit Corporation, which is partially offset by its dependence on TMCC and the same…

WYDEN UNVEILS REPORT ON MILLIONS OF AMERICANS LOSING COVERAGE AND SKYROCKETING COSTS IF REPUBLICANS END PREMIUM TAX CREDITS

September 4, 2025

Washington, D.C. U.S. Senator Ron Wyden today joined his colleagues in publishing a report they commissioned detailing the disastrous impacts of Republican cuts to health care, including allowing the cost of health care coverage to skyrocket and become more unaffordable for millions of working Americans by letting premium tax credits expire this year.

SHAHEEN, SCHUMER, WYDEN, BALDWIN, WARNER RELEASE REPORT DETAILING PREMIUM SPIKES, HIGHER COSTS AND COVERAGE LOSS FOR MILLIONS OF AMERICANS IF PREMIUM TAX CREDITS EXPIRE THIS YEAR

September 4, 2025

The following information was released by New Hampshire Senator Jeanne Shaheen:. U.S. Senator Jeanne Shaheen, along with U.S. Senate Democratic Leader Chuck Schumer and U.S. Senators Ron Wyden, Tammy Baldwin and Mark Warner, today published the findings from a report they commissioned detailing the disastrous impacts Republican-led cuts to health care,…

WARREN ON FED NOMINEE STEPHEN MIRAN: IF WE ALLOW THE FED TO BECOME A POLITICAL FOOTBALL, AMERICANS WILL PAY THE PRICE

September 4, 2025

Washington, D.C. Today, U.S. Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, gave opening remarks at a nomination hearing for five Trump Administration nominees, including Dr. Stephen Miran, to be a Member of the Board of Governors of the Federal Reserve System. President Trump has conducted a months-long…

CICD 10TH ANNIVERSARY AND DATA SUMMIT

September 4, 2025

The following information was released by the Federal Reserve Bank of Minneapolis:. Federal Reserve Bank of Minneapolis. On October 89, 2025, leaders from across Indian Country, the Federal Reserve System, and beyond will gather to mark the Center for Indian Country Developments tenth anniversary and first decade of economic research and data work.

HAT TIP TO THE DATA

September 4, 2025

The following information was released by the Federal Reserve Bank of New York:. Im delighted to be back at the Economic Club of New York. Ill put my Federal Reserve hat back on now and give the standard Fed disclaimer that the views I express today are mine alone and do not necessarily reflect those of the Federal Open Market Committee or others in the Federal…

Justice Department probes mortgage fraud claims against Lisa Cook of Federal Reserve, AP source says

September 4, 2025

—The Justice Department has begun examining mortgage fraud allegations against Lisa Cook, the Federal Reserve governor who is challenging a Trump administration effort to remove her from her job in a move she says is designed to erode the central bank's independence. A Justice Department spokesperson declined to comment on the probe, which was earlier…

Financial Focus: Life insurance: Protecting what matters most

September 4, 2025

September is Life Insurance Awareness Month and the perfect time to consider whether you have adequate coverage to protect your loved ones. While no one likes to think about what would happen if they weren't around, doing so is an act of love. Life insurance is fundamentally about protecting your loved ones should something happen to you.

AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Subsidiaries

September 4, 2025

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the primary life insurance subsidiaries of Protective Life Corporation, collectively known as Protective Life. Additionally, AM Best has affirmed the Long-Term ICR of“ a-” and the existing Long-Term Issue Credit Ratings of Protective Life Corporation.

TDCI Reminds Consumers to Focus on the Future During Life Insurance Awareness Month

September 4, 2025

Bill Lee has proclaimed September as Life Insurance Awareness Month in Tennessee. "Life insurance is a critical insurance product, and our entire team fully supports Gov. Lee's proclamation, which should remind all Tennesseans to assess their families' financial needs," said TDCI Commissioner Carter Lawrence. Consumers who need help locating a loved one's…

AM Best Comments on Credit Ratings of Skyward Specialty Insurance Group Members Following Announced Acquisition of Apollo Group Holdings Inc.

September 4, 2025

AM Best has commented that the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Great Midwest Insurance Company, Houston Specialty Insurance Company, Oklahoma Specialty Insurance Company and Imperium Insurance Company are unchanged following the September 2, 2025, announcement that Skyward Specialty Insurance Group, Inc….

TAYLOR COUNTY FARMER SENTENCED TO FEDERAL PRISON FOR CROP INSURANCE FRAUD

September 4, 2025

U.S. Attorney Kyle G. Bumgarner of the Western District of Kentucky and Special Agent in Charge Miles Davis of the U.S. Department of Agriculture, Office of the Inspector General made the announcement. This case was investigated by the U.S. Department of Agriculture, Office of the Inspector General, and Risk Management Agency, Special Investigations Staff.

Behind the Wheel of Legal Inflation: More Than $42.8B in Excess Auto Tort Cases Uncovered, New Triple-I Analysis Finds

September 4, 2025

An analysis published today by the Insurance Information Institute revealed an estimated $42.8 billion in excess litigation value from motor vehicle tort cases filed between 2014 and 2023 in both federal and state civil courts across the United States. "Triple-I’ s latest research uses data to illustrate that the big business of U.S. law is only getting…

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