Rainier Partners, a private equity firm investing in lower middle-market services businesses, is pleased to announce its investment in Apex Insurance Services, a leading multi-brand managing general agency platform focused on the Texas non-standard auto insurance market. Headquartered in Richardson, Texas, Apex manages five MGAs— Apollo MGA, Apollo…
Newswires
NEW YORK— The bond market swung Wednesday, while U.S. stocks ticked higher following the Federal Reserve‘ s decision not to raise its main interest rate to bring down high inflation. The action was much stronger in the bond market, where the yield on the two-year Treasury initially climbed after the Fed announced it was holding the federal funds rate steady.
HARTFORD– The late Nancy Wyman, a former lieutenant governor and state comptroller, was remembered Oct. 20 as a gender pioneer, a mentor, a co-founder of the state's health insurance marketplace, and a good-humored, enthusiastic public policy expert who spread respect around the state, in high heels. Dannel Malloy recalled her as a solid partner during their eight…
HARTFORD– The late Nancy Wyman, a former lieutenant governor and state comptroller, was remembered Oct. 20 as a gender pioneer, a mentor, a co-founder of the state's health insurance marketplace, and a good-humored, enthusiastic public policy expert who spread respect around the state, in high heels. Dannel Malloy recalled her as a solid partner during their eight…
The following information was released by the U.S. Department of Agriculture:. Niobrara County and all surrounding counties have triggered for additional transportation of feed, livestock and water for the 2026 calendar year. Niobrara County and all surrounding counties have also triggered for the Livestock Forage Program for grazing losses due to…
Bronx: To Voicer Ed Temple: The roots of the "stagnant economy that causes the poverty of American young people" actually emanate from the government "s response to the Great Recession of 2008. Under President Barack Obama, the Federal Reserve employed "quantitative easing," essentially a scheme where the middle and working class bailed out the big banks and…
Lisa D. Cook, a Fed governor whom President Donald Trump has tried to fire, issued her first-ever dissent on the Fed' s monetary policy settings, voting in favor of a quarter-point increase. She was joined by Beth M. Hammack, president of the Federal Reserve Bank of Cleveland, who has dissented a number of times this year. The central bank gathered just days before…
TALLAHASSEE Insured losses in Florida from Hurricane Isaias so far approach $582 million as claims start to roll in from the Oct. 9 storm, according to the Office of Insurance Regulation. More than 26,000 claims have been filed in Santa Rosa County, nearly 17,000 in Escambia County, about 5,200 in Okaloosa County, more than 2,000 in Walton County and almost 2,000…
HARTFORD– The late Nancy Wyman, a former lieutenant governor and state comptroller, was remembered Oct. 20 as a gender pioneer, a mentor, a co-founder of the state's health insurance marketplace, and a good-humored, enthusiastic public policy expert who spread respect around the state, in high heels. Dannel Malloy recalled her as a solid partner during their eight…
2026 OCT 28– By a News Reporter-Staff News Editor at Economics Daily Report– New research on Investment is the subject of a report. According to news reporting originating from Victoria, Canada, by NewsRx correspondents, research stated,“ Central bank digital currencies, especially wholesale ones, were initially hailed as tools for frictionless global…
The news correspondents obtained a quote from the research from Federal Reserve System,“ We use the model to assess how alternative monetary policy strategies affect labor market outcomes by race. American Economic Journal: Macroeconomics, 2026; 18: 390-428. American Economic Journal: Macroeconomics can be contacted at: Amer Economic Assoc, 2014 Broadway, Ste…
2026 OCT 28– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in OBGYN and Reproduction. Our news journalists obtained a quote from the research from Health Care Cost Institute,“ Using commercial claims, we characterized bypass among rural obstetric patients with commercial insurance and calculated hospital…
Labaton Keller Sucharow LLP and Saxena White P.A. have filed a securities class action lawsuit on behalf of the City of Detroit General Retirement System and the City of Plantation Police Officers’ Retirement System against Everest Group, Ltd. and certain of its executives. Everest Group, Ltd., et al., No. 26- cv-09448, asserts claims under Sections 10 and 20 of the…
MADISON, NJ- Madison officials are preparing for higher library funding and employee health insurance costs as they look ahead to the borough's 2027 budget. Madison moved from the state plan to the North Jersey fund several years ago. Mayor Conley also updated the council on proposed improvements to the Route 24, Columbia Turnpike and Park Avenue interchange, a…
If you discover a serious injury after an insurance settlement, you usually cannot reopen the claim or ask for more money. Buford is a growing city northeast of Atlanta, close to Lake Lanier and the Mall of Georgia. A personal injury lawyer in Buford, GA, often sees clients who later learn their condition is far worse than they first believed.
Fed board of governors member Lisa Cook and Federal Reserve Bank of Cleveland's president Beth Hammack dissented in favor of a quarter-point increase. Inflation has risen this year amid the Iran war, creating a difficult set of circumstances for President Trump and the GOP this midterm cycle. Energy shocks from the U.S.- Iran and Russia- Ukraine wars continue to…
Palmetto Heritage Holdings, LLC, Atlantic Coast Life Insurance Company, and Southern Atlantic Re, Inc. are pleased to announce ongoing discussions regarding a potential acquisition of Atlantic Coast Life and Southern Atlantic by a South Carolina- based investor group organized by Palmetto Heritage. Palmetto Heritage looks forward to working…
Porch Group, Inc., a new kind of homeowners insurance company, today reported third quarter results through September 30, 2026, that exceeded our expectations. “With that organic foundation firmly in place, we are excited to further accelerate our growth through the pending acquisition of Allied Trust. Allied Trust is expected to strengthen an already…
The Federal Reserve increased the Fed Funds rate by a quarter point the week before last. Markets had fully anticipated the increase, and the Fed delivered. Markets surged a day after the increase, showing approval of the Fed' s commitment to fighting inflation.