Symetra Life Insurance Company, a stop loss pioneer currently celebrating 50 years as an industry leader, today announced the appointment of Jeff Sealey as vice president, Stop Loss Captives. “We are delighted to welcome Jeff Sealey to the stop loss team,” said Jeremy Freestone, senior vice president, Stop Loss Business Strategy.“ Jeff brings a diverse background…
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Kevin Warsh is now likely to secure Senate approval as the next Federal Reserve chair– and become arguably the most powerful central banker in the world. But when Warsh appeared before the Senate Banking Committee for his confirmation hearing in April, one punchy question underscored the dilemma that Warsh, lawmakers and the Fed all face:.
She replaces Samantha Ricciardi, who joined Fidelity late last year as head of the U.S. asset manager’s business for Europe, the Middle East, and Africa, making her the second woman to assume this top-level position. Alonso has a long career in asset management, particularly in the alternative products segment, having begun her career in 1996 at firms involved in…
The MEMIC Group, a leading workers’ compensation insurance provider focused on delivering proactive risk management and claims solutions, has experienced a marked uptick in reserving accuracy following the implementation of an AI-enabled prediction model from Gradient AI, a prominent enterprise software provider of artificial intelligence tools for…
“Interest in specialty and niche travel, from adventure and multigenerational trips to solo and accessibility-focused journeys, is creating new opportunities for the travel industry,” says Linda Fallon, Division President, Consumer Business at Arch Insurance.“ As travel becomes more personalized, advisors play an increasingly important role in delivering…
—U.S. consumer prices climbed sharply again last month as the 10- week war with Iran pushed energy prices higher. The Labor Department's consumer price index rose 3.8% from April 2025, according to data released Tuesday. “Inflation is the key drag on the U.S. economy now,” Heather Long, chief economist at Navy Federal Credit Union wrote.“ There is a real financial…
Electric bicycle enthusiasts in Massachusetts may be hitting the brakes on a new summertime hobby as Beacon Hill is considering new regulations and costs for e-bike users. Maura Healey is proposing legislation that would require an annual registration, liability insurance, and an official Massachusetts license plate for all electric bicycles in…
PEMBROKE, Bermuda—- Pelagos Insurance Capital Limited, formerly Fidelis Insurance Holdings Limited, an expert capital allocator and risk selector in specialty insurance and reinsurance, announced today it will begin trading on the New York Stock Exchange under its new name and ticker symbol“ PLGO.” This follows the Company’ s recent rebrand from Fidelis…
MIAMI, FL- May 12, 2026- Novus Acquisition& Development Corp. d/b/a Novus Cannabis MedPlan, a pioneer operating as a Specialized Cannabis and Traditional Health Insurance Carrier, today announced its Q1 2026 financial highlights during a landmark era for the industry. The company maintains its market leadership through WCIG Insurance Service, Inc., its…
If your ring is worth over $1,000, it is a good idea to get it insured sooner rather than later. What Is Engagement Ring Insurance? Why Do You Need Engagement Ring Insurance?
Alliant Insurance Services, the nation’ s leading specialty broker, announces the launch of FleetLytics, the leading fleet analytics software designed to help fleets of every size turn data into improved insurability, safety and revenue outcomes. “Fleet operators face rising insurance costs, limited coverage options and increasing risk exposure,” said Lisa…
Brown University posted the following news:. Among young adults with kidney failure, the expansion of Medicaid following the Affordable Care Act signed into law in 2010 was associated with substantial declines in one-year death rates, researchers from Brown University found in a new study. Ã Â. "The biggest takeaway from this study is that health insurance is…
The Senate voted on Monday to advance the nomination of Kevin Warsh to the Federal Reserve Board of Governors, putting him on track to be confirmed later this week to replace Jerome Powell as chairman of the Federal Reserve. The Senate voted 49-44 to advance the nomination, a development that was expected after the Senate Banking Committee voted 13-11 along…
kWh Analytics, a leader in underwriting the energy transition through its licensed insurance subsidiary, Solar Energy Insurance Services, today released its 8th annual Solar Risk Assessment, a comprehensive report designed to provide an objective, data-driven evaluation of renewable energy and battery energy storage systems risk.
West Virginia hospitals charge commercial insurance prices that are among the highest in the United States, according to a report released Thursday. According to the report, West Virginia hospitals charged on average prices that are 337% of the rate that Medicare charges for the same services. The report, from healthcare consumer advocacy organization…
The Indian government and central bank are struggling to control a weak Rupee by making several interventions to prevent its continued depreciation to record lows. The weakness is caused by the recent crude oil price shock and India's huge structural demand for US Dollar. However, the Reserve Bank of India and the Indian government are working hard to try to…
In response to growing frustrations from Oklahoma homeowners over rising insurance costs, legislation authored by Senator Aaron Reinhardt, R- Jenks, to strengthen oversight and increase transparency in the property and casualty insurance market has advanced through the Oklahoma Legislature and to the governor's desk. House Bill 3781 modernizes…
Staffers of the Federal Reserve bank system are providing financial backing for the Democratic Party's lurch toward the far left, a Washington Free Beacon analysis found. Political donations from the Fed staff have a sharp partisan tilt toward Democrats. Lander has the endorsement of socialist senator Bernie Sanders and socialist mayor Zohran Mamdani and…
Andrea Porta, senior financial analyst and one of the authors of the outlook, said, "Demand for both traditional and unit-linked products is expected to drive top-line growth, although global geopolitical tensions and financial markets’ volatility have the potential to limit the development of the market in the short to medium term.”. Eli Sanchez, director,…
