2026 SEP 16– 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“ MARSH MCLENNAN” by Julia K. Sutherland SEYFARTH SHAW LLP, representing Marsh& McLennan Companies, Inc. This application was made available to the public on August…
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2026 SEP 16– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Managed Care have been published. According to news originating from Baltimore, Maryland, by NewsRx editors, the research stated,“ Does public health insurance mitigate the functional consequences of adverse health shocks? Our news journalists obtained a quote…
From mortgages to auto loans to credit cards, borrowing is set to get even pricier. But the Federal Reserve’ s decision on Sept. 16, 2026, to hike its baseline interest rate also highlighted an increasingly confounding dilemma: It can raise the price of money across the economy, but it can’ t determine which sectors are most affected. But the Fed’ s action also…
The Federal Reserve raised interest rates a quarter point Wednesday, its first increase in three years, a unanimous move that came despite President Donald Trump's demands for cuts, with officials signaling more increases could follow this year. The increase keeps short-term borrowing costs elevated heading into fall for credit cards and auto loans, and can…
John C. Stanchina, who currently oversees Marsh Agency's mid- Atlantic operations and is based in Henrico County, will become president of Marsh Agency, a middle-market insurance and employee benefits company, in 2027.. Matt Stadler has been named CEO of Marsh Agency, effective Jan. 1, 2027, and will report to Nick Studer, president and CEO of Marsh Risk, its parent…
The Federal Reserve raised interest rates Wednesday for the first time in several years in the face of stubborn inflation. The central bank's Federal Open Market Committee, under Fed Chair Kevin Warsh, voted unanimously to increase the central bank's benchmark interest rate to a range of 3.75 percent to 4 percent. It marks the first time the Fed has hiked rates…
For a third time, the U.S. House has voted to end the war in Iran, approving a war powers resolution that would halt President Donald Trump’ s ability to continue military action without congressional approval. Trump is in North Carolina on Wednesday to campaign with Republican Senate nominee Michael Whatley as the former national party chairman tries to shore…
The staffs of roughly 200 New Jersey school systems may not know their 2027 health benefits premium costs when open enrollment starts next month as a result of a bureaucratic stalemate. Governor appointees to the School Employees' Health Benefits Commission, which governs the program, say state statutes restrict drastic changes to the benefits, which cover…
“The average annual homeowners’ insurance premium in Texas rose 79 percent in six years,” Abbott said.“ High insurance costs hit Texas families hard,” which is why he directed TDI“ to put consumers first, and TDI is taking action to do so. This is after Abbott proposed creating a Texas roof fortification program, The Center Square reported.. He also instructed TDI to…
MONTPELIER, Vt.—- National Life Group has been recognized on Forbes list of America’ s Best Insurance Companies 2027, previously making the list in 2024 and 2025. The award list was announced on September 15, 2026, and can be viewed on the Forbes website. America’ s Best Insurance Companies 2027 ranking is based on an independent survey of over 18,000 U.S. citizens.
The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs:. United States Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement:. "Donald Trump is driving up costs so much that even his sock puppet at the Fed might raise interest rates.
Federal Reserve hikes key interest rate for 1st time in 3 years, defying Trump's demand for cut
—Federal Reserve hikes key interest rate for 1st time in 3 years, defying Trump's demand for cut.
Many gold investors are anxiously waiting to hear what rate decision will come out of the September meeting of the Federal Reserve. While the decision made may have an effect on the gold market, the impact is unlikely to be as durable as the effects of the current actions that the U.S. Treasury is already […]
Connecticut Attorney General William Tong issued the following news release:. -Attorney General William Tong today released the following statement regarding double-digit average rate hikes approved by the Connecticut Insurance Department for Anthem, ConnectiCare and UnitedHealthcare for individual and small group plans covering approximately…
AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to“ a-” from“ bbb+” of Eurasia Insurance Company JSC. While Eurasia’ s financial flexibility is considered limited from its parent, Eurasian Financial Company JSC, which has a weaker credit profile, primarily due to its ownership of JSC Eurasian Bank, regulatory…
WASHINGTON COURT HOUSE, Ohio— The Fayette County commissioners met Monday to address county IT outages, review health insurance options, and approve two land annexations into the Village of Jeffersonville. IT Specialist Mike Meadows reported responding to the Fayette County Board of Elections office Sunday afternoon after a backup generator failed…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Ardellis Insurance Ltd.. The outlook of these Credit Ratings is stable. As of Dec. 31, 2025, approximately 62% of Ardellis’ premium represented unaffiliated business.
HoneyQuote, an AI-enabled insurance brokerage building the infrastructure for coastal insurance distribution, has partnered with private equity firm, Growth Catalyst Partners, to accelerate its expansion across Florida and other vulnerable coastal markets. The transaction includes a significant equity commitment from GCP to support acquisitions…
The elimination of a fiscal credit on value added tax paid to third parties such as hospitals and on other claims-related expenses in Mexico is likely to create greater earnings volatility and pressurize the capitalization of smaller or monoline insurers, according to a new AM Best report. “While the reinsurance market remains in a soft cycle, the potential…