—Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly if the job market continues to stabilize, minutes of last month's meeting show. The minutes were released Wednesday, three weeks after the central bank's Jan. 27-28 meeting. Two officials— Fed governors Stephen…
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Cabarrus County Commissioner Kenny Wortman is calling called for an ethics investigation into a failed insurance proposal that sparked weeks of public disagreement and online backlash. Wortman raised the issue at Tuesday night’ s commission meeting and told The Charlotte Observer his concerns center on transparency, timing and whether commissioners…
Illinois families are feeling financial pressures †"from groceries to utilities to property taxes â€" 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…
Hammurabi, a division of accident and health managing general underwriter Xchange Benefits LLC, a subsidiary of Octave Specialty Group, Inc., has unveiled an artificial intelligence platform that fundamentally transforms how medical stop loss insurance is underwritten, replacing a traditionally labor-intensive process with near-instant risk…
The Federal Reserve issued the following speech on Feb. 17, 2026, by Governor Michael S. Barr at the New York Association for Business Economics:. What Will Artificial Intelligence Mean for the Labor Market and the Economy? Thank you for the invitation to speak to you today./ 1 Before I get into my main topic, I wanted to share my current views on the economy and monetary…
BOSTON& CHICAGO—- BayPine LP, a private investment firm that drives digital transformation in market-leading essential services businesses, today announced that it has entered into a definitive agreement to acquire Relation Insurance Services, one of the largest independent insurance brokers in the United States, from Aquiline Capital Partners LP.
Promega Corporation has been recognized as a 2025 Best-in-Class Employer by Gallagher, a leading global insurance brokerage and benefits consulting firm. The Best-in-Class Employer recognition reflects Promega’s comprehensive approach to supporting the total employee experience through strategic benefits design and workplace wellness…
The following information was released by the Federal Reserve Board:. What Will Artificial Intelligence Mean for the Labor Market and the Economy? At the New York Association for Business Economics, New York, New York.
The EUR/USD exchange rate remained in a tight range on Monday morning as market participants reacted to the recent macro data from the United States and their implications on the Federal Reserve. The EUR/USD paid retreated slightly as investors reacted to the key macro data from the United States. A report released by the Bureau of Labor Statistics showed…
The pair will likely be volatile this week as the Federal Reserve and the Reserve Bank of Australia release minutes of their last minutes. Fed and Reserve Bank of Australia Minutes Ahead. The next key catalyst for the AUD/USD pair will be the upcoming minutes of the last meeting of the Reserve Bank of Australia.
The following information was released by the University of Minnesota- Twin Cities:. Researchers from the State Health Access Data Assistance Center, housed in the University of Minnesota School of Public Health, provide expert comment on these trends and their impact on Americans. Elizabeth Lukanen is the director of SHADAC.
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…
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…