Newswires

Florida property insurers are keeping secrets. The Fort Myers Beach homeowner fought for two years to see records his insurer, Olympus Insurance Co., compiled before denying coverage of damage Berman says was caused by Hurricane Ian’ s winds in September 2022. He lost, like every one of the dozens of individuals who have challenged Florida insurers’ trade secret…

My name is Kaitlin Asrow, and I am the Acting Superintendent of the New York State Department of Financial Services. I appreciate the opportunity to discuss Governor Hochul's fiscal year 2027 Executive Budget. Before I begin, I want to thank Governor Hochul for trusting me to lead DFS into its next chapter.

The average long-term U.S. mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as the spring home-buying season gets rolling. They generally follow the trajectory of the 10- year Treasury yield, which lenders use as a guide to pricing home loans. The 10- year Treasury yield was at 4.02% at midday Thursday, down…

Shares of Chubb Limited (NYSE: CB) traded at a new 52-week high today and are currently trading at $335.83. So far today, approximately 405.1k shares have been exchanged, as compared to an average 30-day volume of 1.74M shares. Chubb Limited provides insurance and reinsurance products worldwide. The company’s North America Commercial P&C Insurance segment offers […]

Home insurance rates may be going through the roof, but State Farm has some good news for its auto insurance customers. State Farm will issue $5 billion in auto insurance dividends to its customers this summer, with a one-time payment of about $100 per vehicle, the Bloomington- based insurance giant announced Thursday. State Farm did not project the average size…

CalOptima, Orange County "s health insurance program for the poor, has seen a plunge in membership since summer, which advocates attribute to the effects of the Trump administration" s hardline immigration policies and sweeping changes to Medi-Cal. California had expanded Medi-Cal coverage in 2024 to undocumented adults, becoming one of the first states to…

Insurance affordability and accountability Many House members worked alongside Insurance Commissioner John King to develop a package of bills aimed at reducing Georgian’ s insurance premiums. House Bill 1344- Includes stronger fraud enforcement, storm claims protections, and increases more than 40 different fines the In- surance Commissioner can levy…

Westmoreland County Commissioners authorized Westmoreland Manor nursing home administrators to endorse changes to an insurance liability agreement and finalized property tax amounts for a Walgreens in the city of Lower Burrell on Feb. 18 in a meeting that lasted under two minutes. Vermont- based nursing home insurance company Pelican RRG covers general…

Eazewell, the AI platform that manages digital identity and administrative work across major life events, today launched Eazewell Advance, an enterprise platform that serves as an AI custodian for a user’ s full digital footprint. The platform tracks, manages, and executes actions across subscriptions, financial accounts, and online services throughout a…

South Carolina's hospitality sector faces a persistent challenge: attracting and retaining quality staff in an industry known for high turnover. According to the Bureau of Labor Statistics, only 27% of hospitality workers have access to employer-sponsored health insurance, compared to 69% across all private industries. For businesses operating in…

Jacksonville-based title insurer Fidelity National Financial Inc. increased fourth-quarter earnings despite a continued weak housing market. Adjusted earnings rose 4% to $382 million, or $1.41 per share, with revenue rising 12% to $4.05 billion. "Our title business is performing extremely well in what is still a low transactional environment," CEO Mike…

Shenandoah County Public Schools was staring down a 30 to 40% health insurance rate increase earlier this year. The proposed increase on the health insurance line dropped from $3.2 million to approximately $2.3 million, and the division's total new funding request from the county fell from $2.15 million to $1.3 million. The board did the math in the room: $11…

Combined with Winter Storm Fern, for which insured loss estimates have ranged between $4 billion to $7 billion, the first quarter of 2026 will prove to be an above-average quarter in terms of insured losses, albeit not as costly as the California wildfires of January 2025. “More-effective enterprise risk management practices played a large role in the…

The total stood at approximately 85,000 at the close of open enrollment on Feb. 1. The number, she told members of the House Appropriations Committee, grows larger every day. Their health care plan cost doubled because Congress did not extend the enhanced premium tax credits which, for years, helped lower cost and increase enrollment, "Trolley said Wednesday…

University of Virginia Health researchers found patients on traditional, or“ fee-for-service,” Medicare Part A, B and D plans operated by the government were less likely to have access to certain stroke-preventing care. “Stroke is one of the leading causes of death and disability in the United States. Our research suggests that changes in Medicare insurance,…

Mortgage rates are one of the most influential drivers of the U.S. housing market dynamic, but they are often misunderstood. Splitero has compiled mortgage rate insights from Freddie Mac, U.S. Federal Housing data, the Bureau of Labor Statistics, and Federal Reserve Economic data to examine how mortgage rates have changed and break down what it means for buyers…

After weeks of contentious talks, a high-profile insurer and a major health care provider in Connecticut reached a 3- year agreement that will keep in place coverage for as many as 15,000 patients, nearly three months after the existing contract expired. Hartford- based Aetna said it has signed the new agreement with UConn Health in Farmington, an arm of the…

The following information was released by the Natural Resources Defense Council:. The Insurance Information Institute estimates that the number of uninsured homes in the U.S. more than doubled between 2019 and 2023. An estimated 7% to 13% of U.S. homes are currently uninsured.

The following information was released by Maine Senator Susan Collins:. U.S. Senator Susan Collins spoke from the Senate floor, urging her colleagues to support the We Can't Wait Act, bipartisan legislation she introduced today with Senator Maggie Hassan. The bill would allow Social Security Disability Insurance claimants to begin receiving benefits…