The number of Americans seeking unemployment benefits for the first time unexpectedly fell last week to the lowest since the 1960 s, indicating the U.S. job market continues on an even keel and leaving Federal Reserve officials to keep their focus on containing inflation. "There may be some seasonal noise in the data, given summer months tend to be noisy, but the…
Newswires
A proposed federal rule stemming from the reconciliation bill Congress passed last summer includes additional policy changes that would reduce Medicaid payments to healthcare facilities, a step hospital chains warn exceeds the provision Congress approved and President Donald Trump signed. Public comment closed this week on a rule proposed by the…
Funders for this research include Chinese University of Hong Kong, University of Hong Kong, Princeton, Rochester, European Commission Joint Research Centre, Ronald and Maxine Linde Institute of Economic and Management Sciences, Bank of Italy. The news reporters obtained a quote from the research from the California Institute of Technology,“ Using data from…
Adena Friedman, chair and chief executive of Nasdaq, said the group has received approval from the U.S. Securities and Exchange Commission to list event contracts that reference the Nasdaq -100 index. There were record net inflows of $109 bn over the last twelve months, including $51 bn in the second quarter. The firm expanded investor access to the Nasdaq -100…
A proposed federal rule stemming from the reconciliation bill Congress passed last summer includes additional policy changes that would reduce Medicaid payments to healthcare facilities, a step hospital chains warn exceeds the provision Congress approved and President Donald Trump signed. Public comment closed this week on a rule proposed by the…
How interest rates work in 2026: A plain-English guide for everyday borrowers. An interest rate is the amount lenders charge for borrowing money. The Federal Reserve Bank plays a key role in setting benchmark rates, which influence the rates for personal loans, mortgages, auto loans, and other forms of borrowing.
Allen did not respond to The Center Square on this story before press time on Thursday. However, advocates of the bill told The Center Square Thursday that the rise of nonrenewals in California has made the Golden State a national hotspot for cancelled policies. “Consumers often have little information about the reason for the nonrenewal, and have no path to…
2026 JUL 23– By a News Reporter-Staff News Editor at South Korea Daily Report– Current study results on Transplant Medicine- Kidney Transplants have been published. According to news reporting originating from Goyang, South Korea, by NewsRx correspondents, research stated,“ Microvascular inflammation has long been considered a hallmark of…
The Cooper County Fair Board lost the $5,000 deposit it paid to a carnival company after the business abruptly shut down just one week before this year's fair. In a letter to clients, Amusement Associates representative Arthur McCarthy said liability insurance costs had risen to between $6,000 and $7,000 per event. Before the company shut down, the Cooper…
Safety Insurance Group Inc., one of the leading property and casualty insurers in Massachusetts and across New England, today announced that it has entered into a definitive agreement under which an affiliate of Mapfre S.A. will acquire Safety in an all-cash transaction valued at approximately $1.54 billion. The transaction has been unanimously approved…
Selective Insurance Group, Inc. reported financial results for the second quarter ended June 30, 2026, with net income per diluted common share of $2.11 and non-GAAP operating income 1 per diluted common share of $1.95. Net investment income increased 18% from a year ago, to $119 million after-tax, generating 13.9 points of annualized ROE in the quarter.
Universal Insurance Holdings reported second quarter 2026 results. Strong retention and new business generation resulted in 4.1% direct premiums written growth, including growth in Florida and across our multi-state footprint.”. Thanks to the efforts of the Governor, the Legislature, and the OIR, the Florida homeowners insurance market has stabilized and…
AM Best has upgraded the Financial Strength Rating to A+ from A and the Long-Term Issuer Credit Ratings to“ aa-” from“ a+” of Delta Dental of California, and its affiliates, Delta Dental Insurance Company, Delta Dental of Pennsylvania and Delta Dental of New York, Inc.. These companies collectively are known as Delta Dental of California Group. Net premium growth has…
The Hartford today announced financial results for the second quarter ended June 30, 2026. In Personal Insurance, the underlying combined ratio improved 1.7 points, while growth was impacted by a competitive market. Second quarter 2026 net income available to common stockholders of $1.3 billion, or $4.68 per diluted share, improved from $990 million in…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of Top Layer Reinsurance Ltd.. These ratings continue to reflect the substantial amount of support Top Layer receives from its co-owners, State Farm Mutual Automobile Insurance Company, currently with an FSR of A+ and a Long-Term ICR of“ aa”, and Renaissance…
PENNSYLVANIA Ryan Mackenzie has touted his vote to advance Republicans' devastating healthcare cuts, and Pennsylvanians in the Lehigh Valley are already feeling the pain. New data shows that more than 13,000 of Mackenzie's constituents have already been forced to drop their coverage as Pennsylvanians across Lehigh, Northampton, Carbon, and Monroe…
PENNSYLVANIA Rob Bresnahan got rich inside trading on healthcare cuts he voted to advance, and NEPA is already feeling the pain. New data shows that more than 11,600 of Bresnahan's constituents have already been forced to drop their coverage as Pennsylvanians across Lackawanna, Luzerne, Monroe, Wayne, and Pike counties have seen their health insurance…
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb+” and the Vietnam National Scale Rating of aaa.VN of Bao Viet Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings also factor in rating enhancement from BVGI’ s parent, Bao Viet Holdings, a major finance and insurance group in Vietnam.
A bill backed by U.S. representatives from Texas would require more transparency from health insurance companies if it continues advancing through Congress. Craig Goldman, R- TX -12; August Pfluger, R- TX -11; Rob Wittman, R- VA -01; Jimmy Panetta, D- CA -19; Donald Norcross, D- NJ -01; and Kim Schrier, D- WA -08, passed in the House Energy and Commerce Committee on Wednesday.
