SPRINGFIELD, Ill.& CLEVELAND—- Horace Mann Educators Corporation and Medical Mutual of Ohio today announced they have entered into two separate agreements under which Horace Mann will acquire the employee assistance provider Employee Services, LLC through the acquisition of ESI membership interests, and separately, will acquire an individual…
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American Integrity Insurance Group, Inc., a Tampa- based property and casualty insurance holding company and one of Florida’ s leading providers of residential property insurance, today announced that its Founder and Chief Executive Officer, Bob Ritchie, has been named PropertyCasualty360’ s 2026 Thought Leader of the Year in the Insurance Carriers category.
—More gains for makers of computer chips and other AI winners carried Wall Street higher. Brent crude oil’ s price got near $92 for the first time in five weeks because of continued attacks in the war with Iran. That’ s up from less than $72 early this month and helped push Treasury yields higher in the bond market.
AMERISAFE, Inc., a specialty provider of workers’ compensation insurance focused on high-hazard industries, today announced results for the second quarter ended June 30, 2026. Net investment income decreased 2.4% to $6.5 million for the quarter, driven by lower average investable assets compared to the prior-year period, primarily due to capital returned…
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Epsilon Reinsurance Company Ltd.. Epsilon Re is owned by Panama-domiciled Bardigiano Corp., a pure holding company. Since 2024, the company initiated its internationalization process, incorporating operations in Colombia and Dubai.
Steve McBee Sr., the patriarch of the Missouri family featured in the Bravo reality series,“ McBee Dynasty: Real American Cowboys,” will be released from his two-year prison sentence one year early, his son tells Page Six. McBee Sr. pleaded guilty to one count of federal crop insurance fraud in 2024 in U.S. District Court in Kansas City. He was ordered to pay back about…
These changes are contrary to Vermont's long-held "community rating" which mandates that all people in the same group pay the same amount. Prior to the establishment of Vermont's community rating, insurers denied coverage to people, refused to cover current and pre-existing conditions, and charged women higher rates than men. Governor Scott's focus on the…
Health insurance is taking a growing bite out of Wyoming paychecks, and residents say the financial strain is reaching a breaking point. Data compiled by WalletHub, a personal finance company, claims average health insurance premiums is 17% of the median household income in Wyoming. In Wyoming, a mid-level "silver" plan— which offers "low premiums and moderate…
Health insurance is taking a growing bite out of Wyoming paychecks, and residents say the financial strain is reaching a breaking point. Data compiled by WalletHub, a personal finance company, claims average health insurance premiums is 17% of the median household income in Wyoming. In Wyoming, a mid-level "silver" plan— which offers "low premiums and moderate…
Odyssey Group Holdings, Inc. today announced leadership changes at its U.S. insurance subsidiary, Hudson Insurance Group. After more than two decades with the Company, Chris Gallagher has decided to retire from Hudson, effective October 1, 2026, to pursue other career opportunities. As part of Hudson’ s succession plan, Trevor Howard will be appointed chief…
After decades of saving, many Americans struggle with the idea of actually spending their retirement savings, according to the 2026 Annual Retirement Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. Seven in 10 working Americans say they anticipate being reluctant to spend money in…
With data center construction fueling demand for some manufactured goods, overall business activity increased moderately over the past month and a half, the Federal Reserve Bank of Cleveland reported on Wednesday. But with prices of fuel and other petroleum products remaining high, costs are continuing to rise and consumers find themselves with less money…
Federato, the AI-native platform that changes the way insurance work gets done, today released its 2026 State of P&C Insurance Technology report, based on a survey of 750 P&C insurance professionals across carriers, managing general agents, and MGA aggregators. The report’s central finding: 91% of P&C leaders report real-time portfolio control, but only 27% of…
iGMS, the property management platform built for independent short-term rental hosts and managers, announces a partnership with Safely, a provider of insurance protection for the short-term rental industry. It’ s one more way we help independent operators run like pros from a single platform,” said Ivan Levchenko, CEO of iGMS. “This partnership brings…
The Central Bank of Liberia has cut its benchmark interest rate for the first time this year, expressing confidence that moderating domestic inflationary pressures and stronger macroeconomic fundamentals will support economic recovery despite rising global uncertainty and higher inflation. The Central Bank's Monetary Policy Committee announced…
MARGATE, N.J.—- David Nicholas Building& Property Maintenance, southern New Jersey’ s premier luxury residential property manager and a portfolio company of Keystone Equity Partners, announced today debt financing with Live Oak Bank and the launch of a coastal property insurance brokerage in partnership with ECBM. On pace to grow its customer base 50%…
Alice Thornton has spent more than two decades treating people living with HIV in Lexington, Kentucky. Her team tends to "cringe" anytime they hear about patients having to fill out lots of paperwork, like when applying for Social Security Disability payments, because it can be a difficult, burdensome process. Starting Jan. 1 in most of the country, some enrollees—…
It’ s a heightened concern for the estimated million-plus farmworkers who are U.S. citizens or legal permanent residents, as new work requirements kick in for the federal-state healthcare program that serves low-income and disabled Americans. “Having a work requirement— having to create more paperwork and more proof— is certainly extremely challenging for…
A year after Secretary of U.S. Health and Human Services Robert F. Kennedy Jr. announced that dozens of health insurers had signed a six-part pledge promising to reduce barriers to doctor-recommended care, some insurers now say they won't implement all the promised initiatives. This article first appeared on KFF Health News. Greg Murphy, a physician who…