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GOVERNOR HOCHUL SECURES REFORMS TO LOWER AUTO INSURANCE PREMIUMS FOR NEW YORKERS

May 27, 2026

The following information was released by the office of the Governor of New York:. Governor Kathy Hochul today announced reforms to bring down costs of auto insurance rates and tackle fraudulent claims across New York State as part of her FY27 Enacted Budget. "These hardfought reforms are a win for every New Yorker who depends on a car to go to work or drop their…

Louisiana kicks off big expansion of fortified roofs. See how many grants are available.

May 27, 2026

Louisiana will dole out a record 3,000 grants to help homeowners put fortified roofs on their homes in the coming weeks, after elected officials agreed on a bill that injects $50 million into the program. Paul Sawyer, R- Baton Rouge, which will allow the Louisiana Citizens Property Insurance Corporation to send excess funds from Hurricane Katrina-era…

Hochul signs New York auto insurance reforms into law

May 27, 2026

These hard-fought reforms are a win for every New Yorker who depends on a car to go to work or drop their kids at school. " New Yorkers pay some of the highest car insurance rates in the nation, totaling just over $4,000 annually on average, nearly $1,500 above the national average, according to state and federal data. In 2023, there were 1,729 staged crashes in New York,…

OPENING REMARKS FOR 'MONETARY POLICY AND IMBALANCES' PANEL

May 27, 2026

Dallas Fed President Lorie Logan delivered these remarks at the Bank of Japan Institute for Monetary and Economic Studies Conference in Tokyo. These are my views and not necessarily those of my Federal Reserve colleagues. The Dallas Feds latest survey of energy executives asked how U.S. oil production will respond to the war.

Wake County DA candidate vows to look into billionaire Lindberg for state crimes

May 27, 2026

Wiley Nickel, the uncontested candidate for Wake County district attorney, said he will“ launch an investigation into possible state criminal charges” for Lindberg when he takes office next year. Lindberg, who founded private investment firm Global Growth and owned Global Bankers Insurance Group, was also convicted of trying to bribe North Carolina…

Symetra Honored as 2026 ‘Community Champion’ by the Puget Sound Business Journal

May 27, 2026

Symetra Life Insurance Company has been named a 2026 Community Champion by the Puget Sound Business Journal as part of the publication’ s annual Corporate Citizenship Awards celebrating“ how businesses in the region use their role to make a difference for those who need it most.” Symetra was recognized for three programs— Summer of Service, BOLD and LETS Play by…

AM Best Upgrades Credit Ratings of Reaseguradora Santo Domingo, S.A.

May 27, 2026

AM Best has upgraded the Financial Strength Rating to“ B+” from B and the Long-Term Issuer Credit Rating to“ bbb-” from“ bb+” of Reaseguradora Santo Domingo, S.A.. REASANTO is a reinsurance company founded in 1973 in Santo Domingo, Dominican Republic. In 2024, the company began underwriting business in Central America following its plan to expand operations to other…

Chicago comedians could get help buying health insurance from new fundraising alliance

May 27, 2026

Local stand-up comedian Deanna Ortiz juggles multiple gigs to cover her living expenses and bills.“ I’ m always, like,‘ OK, this is going to help cover rent, and that’ s going to help cover this bill,’” she said.“ By the end of the month, it works out because it has to.” One of those bills is the $80 she pays each month for health insurance through the Affordable Care Act marketplace,…

Oakbridge Insurance Partners with Earl Bacon Agency to Expand Client Support Across Florida

May 27, 2026

Oakbridge Insurance Agency LLC, a U.S. Top 50 independent insurance brokerage, is pleased to announce a partnership with Earl Bacon Agency, a Tallahassee‑ based insurance firm with more than 60 years of experience advising families, businesses, and nonprofit organizations across Florida’ s Panhandle. Founded in 1963, Earl Bacon Agency has built a reputation…

FutureProof Launches an AI E&S Program with Bridge Specialty Group to Target Condo and Renters Policies in Catastrophe-Exposed Southeast

May 27, 2026

Bridge Specialty Group, a leading global insurance wholesale broker, will apply its industry-leading distribution network and world-class carrier capacity to drive product sales and retail agent appointments. Leveraging these Bridge Specialty Group assets will establish a best-in-class solution for the Southeast’ s personal lines insurance…

Newport Specialty Partners Appoints Mary Sbaschnig as Chief Operating Officer and Chief Information Officer

May 27, 2026

Newport Specialty Partners, a specialty insurance platform focused on partnering with high-quality MGAs and program administrators, today announced the appointment of Mary Sbaschnig as Chief Operating Officer and Chief Information Officer. “Mary brings exactly the combination of insurance operating experience, technology expertise, and practical…

Health insurers again propose double-digit premium increases

May 27, 2026

Insurers in the merged market, where many individuals and small businesses get coverage, have proposed an average rate hike of 12.9% for 2027, according to plans posted online by the Division of Insurance. "This is just absolutely unaffordable— you know, four times the benchmark, more like five times the rate of inflation," Retailers Association of Massachusetts…

Other editors: GOP can block Trump's 'weaponization' fund

May 27, 2026

The Washington Post published this editorial on May 21. When Republican members of Congress grouse about the president's excesses, it's usually just talk. Thom Tillis, R- N.C., used his power over confirmations to force the Trump Justice Department to drop its frivolous criminal probe into Federal Reserve Chair Jerome H. Powell.

The United States may be the best place to build universal healthcare

May 27, 2026

The debate over health insurance in the United States has returned to the forefront as the Affordable Care Act faces political pressure, insurance premiums continue to climb and physicians experience increasing restrictions from insurance companies. Today, the United States spends a relatively high amount per person on healthcare, but Americans die…

Congress should cut off Trump's 'weaponization' fund

May 27, 2026

When Republican members of Congress grouse about the president's excesses, it's usually just talk. Thom Tillis, R- North Carolina, used his power over confirmations to force the Trump Justice Department to drop its frivolous criminal probe into Federal Reserve Chair Jerome H. Powell. The " Anti-Weaponization Fund" announced this week is part of the "settlement" of…

Erie County native wins Pulitzer Prize

May 27, 2026

Lancaster native Sara DiNatale is among the winners of the Pulitzer Prize in 2026, receiving an award in Explanatory Writing for her coverage of systemic issues within major insurance companies that left policyholders undercompensated following widespread wildfires. The investigation was already underway when DiNatale began working at the…

NJ car insurance rates soar, driving some to dump coverage

May 27, 2026

Some New Jersey motorists, already shouldering car insurance costs that are among the highest in the nation, saw their rates rise as much as 32.5% in the past two years— far faster than inflation and nearly five times the rate that triggers regulatory review. Most of the 77 insurers that write auto insurance in New Jersey have sought rate hikes every year since…

STEINHARDT BILL TO IMPROVE COVERAGE FOR LIPEDEMA PATIENTS PASSES COMMITTEE

May 27, 2026

The following information was released by the New Jersey State Senate, Republicans:. Doug Steinhardt Posted on May 26, 2026. Lipedema is a serious medical condition that can rob women of their mobility and quality of life, yet insurers too often treat medically necessary care like its optional, said Sen. Steinhardt.

DALLAS FED: TEXAS EMPLOYMENT FORECAST SLOWS SLIGHTLY

May 27, 2026

The following information was released by the Federal Reserve Bank of Dallas:. The forecast is based on an average of four models that include projected national GDP, oil futures prices, and the Texas and U.S. leading indexes. Texas employment growth slowed slightly in April, pushing down year-to-date growth to 1.5 percent, said Luis Torres, Dallas Fed senior…

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