2026 FEB 23– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– Blue Cross Blue Shield of Michigan has entered into a definitive agreement to sell its wholly owned subsidiary AF Group to Enstar Group, a leading global insurance and reinsurance group backed by investment vehicles managed by affiliates of Sixth Street, a global investment…
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Hester Peirce, commissioner at the U.S. Securities and Exchange Commission, said the regulator would not object if broker-dealers hold less capital against payment stablecoins. Frank Head of Cyprx Research Lab, said the change is "not technical, it's transformative" and the 2% haircut is the same as for money market funds, holding cash or U.S. treasuries:.
Brighthouse Financial, Inc. announced today its financial results for the fourth quarter and full year ended December 31, 2025. The company reported net income available to shareholders of $112 million in the fourth quarter of 2025, or $1.93 per diluted share, compared with net income available to shareholders of $646 million in the fourth quarter of 2024,…
ProAssurance Corporation, an industry-leading specialty insurer with extensive expertise in medical professional liability, today reported net income of $33.4 million, or $0.64 per diluted share, and operating income of $42.4 million, or $0.82 per diluted share, for the three months ended December 31, 2025. Operating performance continues to demonstrate…
American Integrity Insurance Group, Inc., a Tampa- based property and casualty insurance holding company, today announced that Jon Ritchie, President, and Ben Lurie, Chief Financial Officer, will participate in a fireside chat at the 47th Annual Raymond James Institutional Investors Conference on Monday, March 2, 2026, at 9:50 a.m. ET. About American Integrity…
Genworth Financial, Inc. today reported results for the quarter ended December 31, 2025. The prior quarter and prior year included pre-tax reserve releases of $45 million and $56 million, respectively Pre-tax net investment income of $69 million was up from $62 million in the prior year from higher yields and higher invested assets Primary insurance…
Octave Specialty Group, Inc., a global specialty insurance firm, today reported its results for the Fourth Quarter 2025.. Claude LeBlanc, President and Chief Executive Officer, stated, "The fourth quarter of 2025 marked the end of a transformational year and the beginning of what we believe is a new era for our company. Following the sale of our legacy financial…
Old Glory Bank, the premier full-service FDIC- insured bank serving the Freedom Economy, today announced its intention to have senior finance executives Peter Ort and Michael Sonnenshein, respected leaders in finance and crypto, join as Independent Directors of OGB Financial Company, subject to receiving Federal Reserve approval. On January 13, 2026, Old…
Connor, the administrative assistant for the arts center, took the job at Whitman all those years ago for two reasons: health insurance and college education for her daughters. Employment at Whitman meant she would have access to those things. We all have reasons why we came to Whitman and we all have reasons why we’ ve stayed at Whitman,” Connor said.“ We want Whitman to…
Ron DeSantis of Florida and the Democratic-led Maryland government against President Donald Trump and Gov. Gavin Newsom of California: How should health insurers use AI? At least four— Arizona, Maryland, Nebraska, and Texas— enacted legislation last year reining in the use of AI in health insurance.
The U.S. property/casualty industry produced its strongest performance of the past decade in 2025, reflecting the combined benefits of improved pricing and investment income, offsetting persistent pressure on claim costs and liability-driven volatility, according to a new AM Best report. The annual Review& Preview Best’ s Market Segment Report,“ Rate…
—Federal Reserve governor Christopher Waller said Monday that solid job gains in January could mean the central bank can skip a rate cut at its next meeting in March, a decision that would likely spur further attacks by President Donald Trump. Waller also said that the Supreme Court's decision to strike down many of Trump's tariffs would likely have only a…
HAMILTON, Bermuda& NEW YORK—- Ancient Financial, a newly formed financial services company, today announced that it has entered into a definitive agreement to acquire F&G Life Re Ltd., to be renamed Ancient Re Ltd., a Bermuda- based provider of life and annuity reinsurance, from a subsidiary of F&G Annuities& Life, Inc.. "We are excited to launch Ancient Financial’ s…
Actuaries spend a substantial amount of their time searching for information buried in technical documentation on risk modeling. Global financial technology leader FIS ® is changing that today with the launch of its Insurance Risk Suite AI Assistant, a generative AI tool that instantly answers complex questions about building and maintaining risk…
The following is an open letter from The Watchdog to new Texas Department of Insurance Commissioner Amanda Crawford. Congratulations on your new job. Texas culture is tilted in favor of the all-powerful insurance industry, not the consumer.
Basketball superstar Jayson Tatum is on the road to recovery after a 2025 injury– and Amica Insurance is ready to celebrate the comeback journey with its new ad campaign, Back to Zero.. The multifaceted campaign– which will include out-of-home placements throughout the Greater Boston area and social media promotions– traces Tatum’ s recovery from his injury…
Many Walla Walla residents are paying higher health insurance premiums after the expiration of enhanced federal subsidies, resulting in about 90 people dropping coverage. “For households living paycheck to paycheck, even a $100 to $200 monthly increase can make health coverage unaffordable,” said Maggie Nicholson, care coordinator and insurance navigator…
New York, NY, February 20, 2026– SEDA Experts LLC, a leading expert witness firm providing world-class financial expert witness services, announced today that Edward Wilson joined the firm as Managing Director.. He is a former Chief Risk Officer of a leading US insurance company and was a Managing Director at Goldman Sachs, with responsibility for firmwide risk…
Two community organizations and two businesses that suffered Maui wildfire losses have petitioned the Hawaii Supreme Court to dismiss an insurance industry lawsuit on appeal that's delaying distribution of a $4 billion settlement to victims. The petition follows a Hawaii Supreme Court decision Tuesday that represented a second ruling in two years by…
