MetLife, Inc. today announced that John McCallion, executive vice president and CFO, and head of MetLife Investment Management, has provided a fourth quarter and full year 2024 financial update video. MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance, annuities, employee…
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U-Haul Holding Company, parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to shareholders for its third quarter ended December 31, 2024, of $67.2 million compared with net earnings of $99.2 million for the same period last year.
With President Donald Trump threatening 25% tariffs on Mexico and Canada, and the Federal Reserve holding interest rates steady, investors in Treasury ETFs are bracing for market shifts. These developments could drive significant movements in bond yields, affecting ETFs that track long-term U.S. government bonds. The expense ratio is 0.15%. Vanguard…
The recent wildfires in Southern California and natural disasters elsewhere in the country have left thousands of people grappling with enormous loss— and the complex insurance claims process that follows. Insurance companies owe a duty of good faith and fair dealing with policyholders. I spoke with Los Angeles attorney Shant Karnikian, managing partner…
Specializing in small businesses, auto, and home insurance quotes, Eisenbach Insurance Agency in Lakewood, CO, is leading the way! Over the last three decades, Colorado families and businesses alike have come to trust the Eisenbach Insurance Agency for comprehensive insurance. What makes Eisenbach Insurance Agency unique is the way it ensures customized…
Equinox Guiding Service launches a Mountain Mentorship Program to help climbers refine skills and prepare for the AMGA SPI Course with expert guidance. The program emphasizes safety, professionalism, and structured progression. The release highlights why choosing certified guides and accredited businesses is crucial for insurance, liability protection, and risk management. Limited spots are available.
Backed by Differentiated Private Asset Capabilities and Permanent Equity Capital. LUXEMBOURG& NEW YORK—- JAB Holding Company, Elliott Investment Management and Prosperity Life Group today announced that they have entered into a definitive agreement whereby JAB will acquire 100% of Prosperity, which is comprised of the Prosperity Life Group Insurance…
AM Best has assigned a Financial Strength Rating of B and a Long-Term Issuer Credit Rating of“ bb” to Mohandes Insurance Company. AM Best notes that ROE should be viewed in light of the recent high levels of inflation in Egypt. The company’ s investment results are the primary contributor to earnings, supported by the high interest rate environment in Egypt,…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number 811-21654 Pioneer Floating Rate Fund, Inc 60 State Street, Boston, MA 02109 Christopher J. Kelley, Amundi Asset Management, Inc., 60 State Street, Boston, MA 02109…
CLARA Analytics, a leading provider of artificial intelligence technology for insurance claims optimization, today announced that Merchants Insurance Group has adopted Claims DocIntel Pro and CLARA Triage within its auto liability line of business. With a commitment to new technologies and online capabilities, Merchants strategically aligned with…
USAA, a leading financial services provider for the military community, is steadfast in its commitment to support members affected by the devastating California wildfires. With over 3,500 claims received, USAA is dedicated to delivering swift assistance and is financially positioned to payout our members’ projected $1.8 billion in wildfire losses.
Aon, Floodbase and Swiss Re Launch Parametric Storm Surge Solution to Bolster U.S. Hurricane Insurance Protection CHICAGO, Feb. 5, 2025- Aon plc, a leading global professional services firm, today announced the launch of a new parametric insurance solution designed to address and mitigate losses from hurricane-related storm surge along the coast of the U.S..
Elon Musk previously called for the agency to be eliminated.
Democrats ridiculed the start of policy changes under the Trump administration that may affect both the federal payments system as well as federal oversight of consumer payments. Over the weekend, Democrats got wind of Treasury Secretary Scott Bessent reportedly giving billionaire businessman Elon Musk and representatives of his Government of…
We have come to an agreement with North Carolina homeowners' insurance companies regarding a rate case that's been going on for more than a year. I recently signed a settlement with the North Carolina Rate Bureau, which is not a part of the Department of Insurance and represents homeowners' insurance companies conducting business in North Carolina.
Markel Canada Limited, a leading underwriter of casualty, professional, environmental and specialty insurance announces the appointment of Cliff Laidlaw as Senior Vice President, Underwriting. “We’ re entering an exciting new chapter as we shift our focus from first stabilizing our underwriting book, through radical transformations of process to enhance…
The buzz is building inside Wells Fargo& Co.: The bank— once the envy of the industry— could finally be allowed to grow again. Seven years into a U.S. cap on assets, executives are awaiting a verdict on whether they've done enough to appease the Federal Reserve to get the restriction lifted. Such is the vibe inside the fourth-largest U.S. lender weeks into President…
A Donegal Township man faces over a dozen charges related to insurance fraud and theft by deception after he submitted fraudulent claims to two insurance companies totaling over $30,000. The investigation, spearheaded by Special Agent Amy L. Adams of the Pennsylvania Office of Attorney General, stems from eight insurance claims filed by 45- year-old Walter…
On the other hand, congressional Republicans are desperate to find ways to cut spending in order to pay for a high-priority tax bill. So far, Congress has ignored Musk's Department of Government Efficiency. They take funds from such programs as Medicaid and food stamps and thus offer fodder to critics who claim the Republicans are cutting taxes for the rich on…
