Newswires

2026 SEP 04– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Cardiovascular Diseases and Conditions- Hypertension. According to news reporting originating in Denver, Colorado, by NewsRx journalists, research stated,“ Medication adherence measures for hypertension drive financial incentives and patient…

A $30 million settlement has been reached related to sexual abuse claims filed against the Diocese of Winona. Jeff Anderson& Associates PA in Saint Paul announced Thursday the settlement with United States Fire Insurance Company, the diocese’ s largest insurer. Fire Insurance denied, delayed, and for business reasons, chose to oppress survivors in bringing…

The U.S. economy added 162,000 jobs in August, according to CBS News and CoinDesk, far exceeding Wall Street forecasts and snapping a summer stretch of weak hiring. Bank of America Securities economist Shruti Mishra had noted that August jobs reports tend to surprise on the downside, pointing to seasonal patterns as a drag. August is historically weak for U.S….

Rhonda Henke, a Republican from District 1, said she was "uncomfortable with singling out a subset of employees for taking a specific medication." The DeKalb County Board voted down the measure 18-3 while Rebecca Johnson, a Republican from District 12, abstained. DeKalb County Board Chairman John Frieders, a Republican from District 12, voted in favor of the change.

ALBANY— The state Department of Financial Services has authorized the next round of health insurance premium rates for 2027, allowing companies to hike premiums by between 6% and 8%. Under state law, the agency has the power to approve, deny or modify the rate structures that health insurers in New York plan to set for their customers, with the exception of some…

A federal jury on Thursday delivered a split verdict in New Orleans' blockbuster staged wrecks case, convicting a disbarred Jefferson Parish attorney of running the yearslong insurance fraud scheme but deadlocking on murder-conspiracy counts he'd faced for the slaying of a key FBI informant. Jurors deliberated for more than 30 hours over five days before…

Democrats held an event in Davenport Thursday to criticize Ashley Hinson’ s wealth and connections to the insurance industry. The Democrats pointed to Hinson’ s net worth, which is estimated to be $5.53 million, according to Quiver Quant, a website that aggregates public finance disclosure records. Democrats also criticized her votes for the Big Beautiful Bill,…

Sterling Seacrest Pritchard has also been named as one of the Top 100 commercial insurance agencies and brokerages in the U.S. by The Hales Report. Each year, Dowling Hales ranks the top 100 commercial- focused agents and brokers in the U.S. Based on 2025 revenue, the "Hales Top 100" U.S. agents and broker composite grew 5% year-on-year to represent $85 billion of…

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of AVLA Re Ltd.. AVLA Re is ultimately owned by AVLA Bermuda Holding Corp Ltd., a financial holding company domiciled in Bermuda that is engaged in insurance operations in Chile, Peru, Mexico, Brazil and the United States. The company currently reinsures business…

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of AVLA Perú Compañía de Seguros S.A.. The ratings of AVLA Perú also recognize its affiliation and strategic importance to its ultimate parent, AVLA Bermuda Holding Corp Ltd., a financial holding company domiciled in Bermuda that is engaged in insurance…

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the main rated insurance subsidiaries of Zurich Insurance Group Ltd. In the second half of 2026, Zurich is expected to complete the acquisition of Beazley plc for a consideration of circa USD 11 billion. Once completed, AM Best expects Zurich’ s risk-adjusted…

The Best’ s Market Segment Report,“ Market Segment Outlook: China Non-Life Insurance,” states that enhanced regulatory oversight, particularly for non-motor lines such as property and liability, is expected to support pricing discipline, strengthen distribution practices and promote prudent market conduct. “For Chinese Interest Aboard business, while…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Ping An Health Insurance Company of China, Ltd.. The ratings also reflect the implicit and explicit support that Ping An Health receives from its two major shareholders, Ping An Insurance Company of China, Ltd. and Discovery Limited, with respect to capital and…

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of GUNA Re. In May 2026, GUNA Re recorded significant capital erosion arising from accounting treatment issues in the novation of an underwriting portfolio from the existing entity, NEWGT Reinsurance…

SPRINGFIELD— Illinois hospitals stand to lose upwards of $4 billion in revenue over the next several years due to impending changes in Medicaid rules that limit states' ability to direct higher reimbursement payments to facilities that serve the most vulnerable populations. And unless Congress acts to reverse those policies before they take full effect,…

Democrats held an event in Davenport Thursday to criticize Ashley Hinson's wealth and connections to the insurance industry. The Democrats pointed to Hinson's net worth, which is estimated to be $5.53 million, according to Quiver Quant, a website that aggregates public finance disclosure records. Democrats also criticized her votes for the Big Beautiful…

NEW YORK— Wall Street rallied Thursday as investors curbed their rate hike bets after U.S. Federal Reserve board member Christopher Waller said he would support holding the Fed funds target rate steady if data shows inflationary pressures are abating. All three major U.S. stock indexes closed at least 1% higher, with the Nasdaq enjoying a boost from the "…

—Stocks are mostly lower in the early going on Wall Street and Treasury yields are higher after a surprisingly strong report on the job market appeared to increase chances that the U.S. central bank could raise interest rates later this month. The government reported that U.S. employers added 162,000 jobs to their payrolls last month, far more than expected.

The Federal Emergency Management Agency opened a 90- day appeal and comment period on Aug. 20 for proposed updates to federal flood maps in several counties, including Volusia. The proposed maps are part of FEMA’ s effort to update the Flood Insurance Rate Map for Volusia County. The County will accept correspondence only for properties in unincorporated…