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…
Newswires
2026 FEB 19– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ INSPIRING YOUR FINANCIAL FUTURE” by Rachel A. Rice, representing Great-West Life& Annuity Insurance Company. This application was made available to the public on…
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 December 31, 2025, the company has $349 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial is the marketing name…
2026 FEB 19– By a News Reporter-Staff News Editor at Politics, Law& Government Daily– Researchers detail new data in Oncology- Multiple Myeloma. Given its predictable and often progressive debility, many individuals with MM are unable to maintain employment and must rely on Social Security Disability Insurance to meet medical and living expenses.”.
PEMBROKE, Bermuda—- Hamilton Insurance Group, Ltd. today announced financial results for the fourth quarter and full year ended December 31, 2025. Gross premiums written grew 21% to $2.9 billion, our combined ratio was 92.9%, and book value per share increased 24%. On February 18, 2026, the Company’ s Board of Directors declared a special dividend of $2.00 per…
Ategrity Specialty Insurance Company Holdings today announced financial results for the quarter ended December 31, 2025. The Company reported net income attributable to stockholders of $25.3 million, or $0.51 per diluted share, compared to $21.5 million, or $0.55 per diluted share, in the prior-year period. Gross written premiums increased 30.2% to $154.0…
AM Best has revised the Financial Strength Rating outlook to negative from stable and the Long-Term Issuer Credit Rating outlook to negative from positive and affirmed the FSR of A and the Long-Term ICR of“ a” for Florida Lawyers Mutual Insurance Company. The change in outlooks to negative resulted from the company reporting year-end 2024 operating losses of…
Washington, D.C. Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell, urging them for written confirmation that neither the Department of the Treasury nor the Federal Reserve will use taxpayer dollars to bail out cryptocurrency…
Illinois families are feeling financial pressures-from groceries to utilities to property taxes- as the cost of everyday life keeps climbing. Severe weather events, rising construction costs and broader inflationary pressures have pushed claims and expenses up across the country- not just in Illinois. More than 200 insurers actively compete for business…
South Korea- based automaker Hyundai has announced plans to launch its own branded insurance carrier, joining Tesla, Honda, and GM, among others, in entering the car insurance business. In a filing with the U.S. Patent and Trademark Office, Hyundai applied for a trademark called "Hyundai Secure+," which it said was for "insurance services; underwriting and…
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 Wednesday in a meeting that lasted under two minutes. Vermont- based nursing home insurance company Pelican RRG covers…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of RoyalStar Assurance Ltd.. Like most Caribbean domiciled insurance companies, RSA has a high dependence on reinsurance to manage capital exposure in the event of a catastrophe. While reinsurance dependence is high, RSA maintains adequate coverage through…
WASHINGTON— Many Federal Reserve officials want to see inflation fall further before they would support more interest rate cuts this year, particularly if the job market continues to stabilize, minutes of last month's meeting show. The "vast majority" of the 19 participants on the Fed's rate-setting committee said that there were signs the job market has…
When I served as New Hampshire's Insurance Commissioner in 2017 and 2018, the Affordable Care Act's individual market was widely viewed as unstable. In New Hampshire, we faced a choice: chase short-term fixes or focus on structural affordability. During that period, New Hampshire began designing a state-based reinsurance program and secured federal…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of PMG Assurance Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect PMG’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of Rural Trust Insurance Company, and its newly added subsidiary, National Telcom Corporation. NTC is a Vermont association captive formed in 1982 to provide coverage for members of its sponsor, National Telecommunications Cooperative Association.
Distinguished Programs, a national insurance program manager and MGA, has launched a Transactional Risk program led by Tim Dawe, designed to address the complex exposures associated with mergers and acquisitions, including representations and warranties insurance and tax liability insurance. Tim Dawe leads Distinguished Programs’ new Transactional…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Park Assurance Company. The ratings further reflect Park’ s sophisticated risk management strategy and practices, experienced management team and its integral role as a single-parent captive of JPMorgan Chase Holdings LLC, which is a subsidiary of JPMorgan…
International life insurer to lay off over 100 in Hartford office
HARTFORD— An international life insurance company with offices in Bermuda, The Cayman Islands, New York and Connecticut is laying off 100 employees at its Hartford office. Talcott Resolution Life Inc. sent a notice to the Connecticut Department of Labor and Hartford Mayor Arunan Arulampalam Tuesday announcing that due to“ a closing of certain functions in…
