First American Financial Corporation, a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced financial results for the first quarter ended March 31, 2025. Earnings per diluted share of 71 cents, or 84 cents per share on an adjusted basis Net…
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Selective Insurance Group, Inc. reported financial results for the first quarter ended March 31, 2025, with net income per diluted common share and non-GAAP operating income 1 per diluted common share of $1.76. Net investment income increased 12% from a year ago, to $96 million after-tax, and generated 12.8 points of annualized ROE in the quarter.
MX” of Momento Seguros, S.A. de C.V.. Momento is a Mexico- based insurtech that started operations in July 2023 and was established to offer insurance products, but with technological advantages over other traditional companies in its market. The company´s underwriting is concentrated in personal motor businesses in Mexico City, causing its business profile…
–President Donald Trump said Tuesday he does not plan to boot Federal Reserve Chairman Jerome Powell. Never did, "Trump told reporters in the Oval Office. "The press runs away with things.
In Pennsylvania, that means premiums for 500,000 residents enrolled through Pennie— the state’ s health insurance marketplace— could nearly double. “We’ re very concerned about what we have headed down the pike,” said Pennie Executive Director Devon Trolley during a roundtable discussion on Tuesday in Philadelphia. In Pennsylvania, the number of residents…
Lightyear Capital LLC, a New York- based private equity firm, completed a growth investment in King Risk Partners alongside existing shareholder BHMS Investments, LP, which will roll a majority of its existing equity and invest additional capital, and the Company’ s management team. King Risk Partners is a retail insurance brokerage with deep expertise in…
Texas home insurance premiums jumped by 22% in 2024, according to the Texas Department of Insurance. It’ s just one of the many costs potential buyers must factor in as they weigh whether to buy a home in Texas and what they can afford. The climbing insurance costs are deterring some potential buyers, said Paul Epperley, president of the Greater Fort Worth…
Some Americans who rely on Medicaid to pay for their health care don't realize their insurance is funded by that very program, which congressional Republicans are looking to shrink. Many states have rebranded their programs with consumer-friendly names such as SoonerCare in Oklahoma, Apple Health in Washington, Medi-Cal in California or TennCare in…
Samuel Kent, of Clatskanie, was born with a hearing impairment, and said he relies on Medicaid and Social Security Disability Insurance. rally, and coincided with protests across the nation, from midtown Manhattan, to downtown Portland, to the front of the White House. Hundreds gathered at R.A. Long Park around noon, carrying signs to protect Medicaid, Social…
New York Life’s latest Wealth Watch survey finds that youth sports have significant financial implications for American families.
Allianz Life study finds inflation, taxes, and Social Security worry contribute to fear KEY FINDINGS: 64% worry more about running…
At least seven Blue Cross Blue Shield health plans across the nation posted a net loss last year, raising questions…
Rapid Aging of World Population Will Transform Global Property & Casualty Insurance Industry by 2050
Global dependency ratio set to rise by 2050 there will be 26 seniors for every 100 working-age people, up from…
Some Americans who rely on Medicaid to pay for their health care don’t realize their insurance is funded by that…
LITTLE ROCK— Arkansas became the first state in the nation to prevent healthcare conglomerates from operating drugstores here when Gov. The state has also fined four PBMs a total of $1.47 million for paying Arkansas pharmacies below the legally required amount for prescription drugs. HB 1150 headed to Sanders' desk April 9 after clearing the Senate with a…
–During the trading session on Friday, we saw the NASDAQ 100 all over the place, as it looked at one point in time that we would be plunging below the 18,000 level, only to see the market turned around.– This is especially after a Federal Reserve member stated that the Federal Reserve was willing to step in and stabilize the markets if they need it.– In other words, it’ s…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Check the appropriate box: Radius Recycling, Inc. N/A Payment of Filing Fee: TABLE OF CONTENTS. PRELIMINARY PROXY STATEMENT, SUBJECT TO COMPLETION, DATED APRIL 14, 2025, 2025 Dear Shareholders: You…
Erie County Legislator Frank Todaro is a collision shop owner who also happens to be a card-carrying member of the Screen Actors Guild. And the Lancaster Republican recently spent an hour and a half pretending to be a lawyer, now that the Buffalo area is such a flurry of moviemaking activity. Frank Todaro, right, and his 9- year-old son, Giovanni, in the Cabrini film.
AM Best has maintained its stable outlook on the United Kingdom’ s non-life insurance segment. In its new Best’ s Market Segment Report,“ Market Segment Outlook: UK Non-Life Insurance,” AM Best cites the outcome of the December 2024 Ogden rate review, which should alleviate near-term pressure on underwriting results. Headquartered in the United States, the company…
