The following information was released by Ohio State University- Columbus:. When Cleveland Federal Reserve President and CEO Beth Hammack visited The Ohio State University's Columbus campus last Wednesday, she offered students a window into the decision-making that influences the U.S. economy. She participates in the formulation of U.S. monetary policy…
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The following information was released by the National Association of Insurance and Financial Advisors:. The National Association of Insurance and Financial Advisors and Coventry have formalized a category-exclusive national sponsorship designed to expand advisor education and access to resources related to life settlements and the secondary…
North Carolina Insurance Commissioner Mike Causey and Attorney General Jeff Jackson have co-authored a letter to the state's Pharmacy Benefits Managers informing them of the new SCRIPT Act. The SCRIPT Act, passed into law by the General Assembly in 2025, bolsters and expands the legal and regulatory framework and enforcement authority of the N.C….
The following information was released by the Federal Reserve Bank of San Francisco:. And thank you to the Silicon Valley Leadership Group and to San Jose State University for having me here. Before I go further, I will remind you that the views I express today are my own and do not necessarily reflect those of anyone else on the Federal Open Market Committee or in…
NEW MONEY-LIKE PRODUCTS ARE CONSTANTLY EMERGING. HOW COULD THEY IMPACT THE BROADER FINANCIAL SYSTEM?
The following information was released by the Federal Reserve Bank of Boston:. A new working paper from the Federal Reserve Bank of Boston and Federal Reserve Board of Governors introduces a framework to help answer this question. The papers co-authors first review how certain qualities of money market funds mutual funds that typically aim to maintain a…
Ratings of insurers in Europe, the Middle East and Africa showed improvement in 2025, according to a new report from AM Best. Ben Diaz-Clegg, associate director, analytics, at AM Best, and author of the report, noted,“ AM Best expects companies to improve their enterprise risk management approach constantly, as markets and regulations develop.
2026 FEB 17– By a News Reporter-Staff News Editor at Insurance Daily News– New research on Managed Care is the subject of a report. According to news reporting originating from Portland, Oregon, by NewsRx correspondents, research stated,“ There is a significant shortage of psychiatrists compared with the demand for their services. We studied Medicare Part D…
2026 FEB 17– By a News Reporter-Staff News Editor at Insurance Daily News– New research on Managed Care is the subject of a report. According to news reporting from Chicago, Illinois, by NewsRx journalists, research stated,“ Although Medicare is barred from covering most oral health care, policies enacted by the Centers for Medicare& Medicaid Services have…
Colorado residents owe about $1 billion in medical debt. As more people nationally are expected to lose their health insurance following planned cuts and changes to Medicaid in January 2027, the Colorado School of Public Health is starting work on a study to analyze how the state could set up a single-payer health insurance program that would be run at the…
For the fourth quarter ended December 31, 2025, iA Financial Group recorded core diluted earnings per common share†† of $3.10, which is 2% higher than the same period in 2024. The solvency ratio 5 was 133% 6 at December 31, 2025, highlighting a robust capital position. “Our strong and profitable growth across all business segments in the fourth quarter— including…
—LOS ANGELES— Mercury General Corp. on Tuesday reported net income of $202.5 million in its fourth quarter. On a per-share basis, the Los Angeles- based company said it had net income of $3.66. For the year, the company reported profit of $541.1 million, or $9.77 per share.
The Board of Directors of Safety Insurance Group, Inc. today approved a $0.92 per share quarterly cash dividend on its issued and outstanding common stock payable on March 13, 2026 to shareholders of record at the close of business on March 2, 2026. About Safety: Safety Insurance Group, Inc. is the parent of Safety Insurance Company, Safety Indemnity Insurance…
Veteran and small business owner Ron "Doc" Long says "veterans have paid enough" when he learned of the potential impacts of SB 2040.. Long was surprised, like many veterans, to learn that a proposed new law in Tennessee would impact the mail-order supplier for TRICARE, the Department of Defense's health insurance for active-duty service members, veterans and…
FINEOS Corporation, the global market leader in core systems for life, accident, and health insurance, today announced that National Life Group has chosen the FINEOS AdminSuite to modernize and automate its Living Benefit and Life Insurance claims operations. “As National Life Group continues to grow with purpose, we underwent an exhaustive search for a…
But the drugs are expensive– a 30- day supply of Ozempic is about $1,000 without manufacturer rebates– and are now among the largest pharmaceutical expenditures for those covered by the state's Group Health Insurance Plan.The State Employee Benefits Committee, a board responsible for managing Delaware's state employee health insurance plans, met on…
SPRINGFIELD— Illinois lawmakers are poised to make a second attempt at passing a bill that would give state regulators more authority to control the rising cost of homeowners insurance. JB Pritzker called for the legislation last summer after Bloomington- based State Farm Insurance announced it was raising premiums in Illinois an average 27.2%, citing…
Department of Financial Services Acting Superintendent Kaitlin Asrow today announced that House of Prayer and Life, Inc. d/b/a Jericho Share or Jericho Health Share will pay a $250,000 penalty to New York State and more than $35,000 to policyholders for operating as an unlicensed insurance business. An investigation determined Jericho operated an…
Loews Corporation (NYSE: L) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 1.25% on the day to $110.14. Loews Corporation provides commercial property and casualty insurance in the United States and internationally. The company offers specialty insurance products, such as management and professional liability, […]
Securian Financial today announced that Kent Peterson has been promoted to senior vice president for Institutional Retirement Solutions. Kent Peterson, Securian Financial senior vice president for Institutional Retirement Solutions. Peterson joined Securian Financial in 1990 as an actuary and has built a career focused on retirement plan product…
