Portneuf Medical Center in Pocatello, Idaho, is an acute care facility that has provided health care to eastern Idaho since 1907.. Earlier this month, state officials told human resource staff for state agencies that the private company that owns the Pocatello hospital, Portneuf Medical Center, and the insurer, Regence BlueShield of Idaho, are still in good…
Newswires
2026 MAY 28– By a News Reporter-Staff News Editor at Economics Daily Report– Current study results on Artificial Intelligence have been published. According to news reporting out of New York City, New York, by NewsRx editors, the research stated,“ The escalation of trade tensions and tariff shocks has created persistent uncertainty for financial institutions…
2026 MAY 28– By a News Reporter-Staff News Editor at Climate Change Daily News– Investigators publish new report on Climate Change. Our news editors obtained a quote from the research from the Board of Governors Federal Reserve,“ We present substitution across production inputs as a simple, explicit mechanism for climate-change mitigation and for…
Lincoln Financial announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation’ s common stock. As of March 31, 2026, the company has $340 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial is the marketing name for…
Universal Insurance Holdings, Inc. today announced the completion by Universal Property& Casualty Insurance Company and American Platinum Property and Casualty Insurance Company, the Company’ s wholly-owned insurance company subsidiaries, of their combined 2026-2027 reinsurance program, effective June 1, 2026. “We are pleased to announce the…
The following information was released by the Federal Reserve Bank of New York:. John C. Williams, President and Chief Executive Officer. Remarks at the Reykjavk Economic Conference, Reykjavk, Iceland As prepared for delivery.
The Illinois House passed Senate Bill 714 to regulate the auto insurance industry and House Bill 4273 to regulate property insurance. Thaddeus Jones, D- Calumet City, said SB 714 would bring consumer protection and affordability to residents. Jeff Keicher, R- Sycamore, said Giannoulias could lower rates now by applying license renewal tests to people who have…
As the cost of gas stays high due to Middle East tensions, it's spilling over into U.S. consumer spending more broadly and creating a conundrum for the Federal Reserve. Americans don't need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release…
–After months of negotiations, Blue Cross Blue Shield of Michigan and Michigan Medicine announced they have reached a long-term contract agreement. “Blue Cross is pleased to reach this long-term agreement with our partners at Michigan Medicine– ensuring continued access to the system’ s medical care services for our members, while advancing the…
U-Haul Holding Company, parent of U-Haul International, Inc., North America’ s largest“ do-it-yourself” moving and self-storage company will participate in the Bank of America Self-Storage Virtual Conference on Thursday, May 28, 2026. U-Haul Holding Company is the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance…
The average long-term U.S. mortgage rate rose again this week, reaching its highest level in nine months, another setback for prospective homebuyers. They generally follow the trajectory of the 10- year Treasury yield, which lenders use as a guide to pricing home loans. Bond yields have been easing this week amid hopes that the United States and Iran may reach a…
Federal Reserve Financial Services today announced the upcoming retirement of Mark Gould, Chief Payments Executive, culminating a distinguished career spanning more than three decades of leadership, thoughtful stewardship, and service to the nation’ s payments system. “Looking back on my 35- year career at the Federal Reserve, it’ s clear why so many people…
SPRINGFIELD— Illinois lawmakers on Wednesday advanced two long-debated measures to prevent insurance companies from raising auto and homeowners "insurance rates without more stringent state oversight, and Gov. In Illinois, the company said it paid out $1.26 in claims for every $1 in premiums collected from homeowners in 2024, including $638 million in…
AM Best has upgraded the Long-Term Issuer Credit Rating to“ bb+” from“ bb” and affirmed the Financial Strength Rating of B of Life Insurance Corporation B.S.C. (c). The outlook of these Credit Ratings is stable. The ratings also reflect rating enhancement, in the form of lift, from its ultimate shareholder, the Republic of India.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of Berkeley Re Designated Activity Company. The outlook of these Credit Ratings is stable. Berkeley Re is the captive reinsurer for Mondelez International, Inc., a global confectionary, food and beverage company based in the United States.
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Westcor Land Title Insurance Company. The outlook assigned to these Credit Ratings is stable. The company’ s neutral business profile is supported by Westcor’ s ability to maintain a solid market position within the U.S. title insurance segment, in which it ranks as…
Kathy Hochul has signed a package of reforms in the new state budget that will provide relief to New Yorkers with lower car insurance premiums. “Outdated laws, special interest loopholes and jackpot insurance payouts to bad actors have long forced New Yorkers to pay some of the highest car insurance rates in the nation,” Hochul said.“ These hard-fought reforms are…
The U.S. Securities and Exchange Commission (SEC) has postponed a proposal that could have eased rules for crypto companies seeking to trade digital tokens linked to publicly listed shares, following concerns raised by major players across financial markets. Crypto industry players like Riot Blockchain Inc. (NASDAQ: RIOT) will continue to watch what regulatory plan the SEC eventually […]
Newrez, a leading homeownership company, today announced it is expanding its partnership with digital insurance marketplace Matic to bring always-on, real-time homeowners insurance comparison into its HomeHub customer portal. Through this integration, Newrez homeowners can instantly compare personalized homeowners insurance coverage options and…
