The bill would also permanently extend the ACA enhanced premium tax credits that Congressional Republicans allowed to expire at the end of 2025, codify the "family glitch" fix and provide funding for a national reinsurance program policies that Rep. Craig has long championed. Americans are facing skyrocketing insurance premiums following the expiration…
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Jennifer Fleener, 60, Indianapolis 57 months' imprisonment; 2 years of supervised release $1,199,149.32. Asha Mimms, 46, Indianapolis 12 months' and 1 day imprisonment; 2 years of supervised release $365,570.85. Jennifer Thompson, 45, Indianapolis 3 years' probation $604,745.12.
—Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation. Whether that’ s inflationary or not, that’ s up to the Federal Reserve, and we’ re going to have…
The State Health Plan Board of Trustees voted Friday on which hospital systems would be considered preferred providers under its new network structure. Those designated as preferred providers were UNC Health and Novant Health. State Health Plan spokesperson Loretta Boniti told The News& Observer that UNC Health has a 10- year contract while Novant Health’ s…
The following information was released by the Federal Reserve Bank of New York:. Remarks at the Partnership for New York City, New York, New York As prepared for delivery. The New York Fed and the Partnership for New York City both have missions that are focused on promoting economic prosperity and stability.
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” for Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company and Safety Northeast Insurance Company. Collectively, these companies are referred to as…
AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of“ a” to Harel Insurance Company Ltd., the main operating subsidiary of Harel Insurance Investments& Financial Services Ltd. The outlook assigned to these Credit Ratings is stable. The ratings reflect Harel’ s balance sheet strength, which AM Best assesses as very strong, as…
Swarmalytics has deployed a live, autonomous AI agent that runs complete predictive analysis pipelines end to end, with no human in the loop once it is running. The SwarmAI platform ingests data, trains its own models, simulates forward outcomes, and delivers analyst-quality narratives on a schedule. Its first application forecasts the insurance Producer Price Index 30 days out; the same platform generalizes to any data-rich industry.
A comprehensive legal system abuse awareness campaign, conducted by the Insurance Information Institute in Georgia in 2025, has been recognized with a Silver Award in the Best Local/Hyperlocal Campaign category of the Bulldog PR Awards. Triple-I recognized the legal system abuse challenges plaguing Georgia and launched a comprehensive campaign in…
In CVS Health Corp’s 10- K filing with the SEC, the company outlines a wide range of business and financial risks. The central takeaway is that CVS Health is a large, diversified healthcare company whose earnings depend on navigating regulation, reimbursement, medical cost trends, pharmacy economics, and complex operational execution. CVS Health Risk Factors…
New York Life announced the launch of an indemnity benefit payment option for Asset Flex, its hybrid long-term care insurance solution combining long-term care and universal life insurance. “We know that 70% of Americans turning 65 will need some form of LTC 1, but LIMRA research finds only 3% over age 50 own any long-term care insurance 2,” said Ruby Grace Reyes,…
Berkshire Hathaway Specialty Insurance today announced two promotions within its Healthcare Professional Liability business. “Jarek and Greg are leaders who have each played an important role in the growth and success of our Healthcare business,” said Leo Carroll, Head of U.S. Healthcare, BHSI.“ Jarek brings exceptional underwriting expertise, strategic…
As Blue Whale insures or reinsures Pfizer’ s international employee benefits and global property exposures, among other coverages, it plays a strategic and critical role in Pfizer’ s overall ERM in protecting the Pfizer enterprise’ s assets. Blue Whale provides substantial retentions in coverages for Pfizer, augmented by significant reinsurance capacity.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of the members of MedPro Group. These Credit Ratings apply to The Medical Protective Company and its affiliates: Princeton Insurance Company; PLICO, Inc.; Wellfleet Insurance Company; and Wellfleet New York Insurance Company; as well as MedPro’ s two reinsured…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Al Ahleia Insurance Company S.A.K.P.. The outlook of these Credit Ratings is stable. The company has reported improved pre-tax profits over the past five years, reaching KWD 29 million in 2025, equivalent to a return-on-equity ratio of 16%.
Federal Reserve Chairman Kevin Warsh on Tuesday vowed to "do my job" if challenged by President Donald Trump, his most direct comment so far about how he would handle the sort of pressure his predecessor felt through much of his tenure. Asked about how he will react if Trump continues targeting the U.S. central bank through efforts that included the attempted…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of DB Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. While the acquisition of The Fortegra Group, Inc., completed in May 2026, could potentially weigh on risk-adjusted capitalisation, AM Best views DBI as having a sufficient capital buffer to…
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of The People’ s Insurance Company of China, Limited. The ratings also reflect the strategic importance of the company to its parent, The People’ s Insurance Company of China Limited. In 2025, PICC HK ranked 8th amongst primary non-life insurers in Hong…
California law requires car insurance companies to offer a discount to eligible older drivers. Under California Insurance Code, drivers 55 and older are eligible for a car insurance discount after completing a "mature driver improvement course provided for and approved” by the California Department of Motor Vehicles. According to AARP, the course reviews…