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The following information was released by Pennsylvania Senator Dave McCormick:. U.S. Senators Dave McCormick, Tina Smith, Thom Tillis, and Ruben Gallego today introduced the bipartisan Terrorism Risk Insurance Program Reauthorization Act of 2026, which is essential to economic security by safeguarding the availability of terrorism risk coverage.

Weeks later, Willard claims that an adjuster for State Farm, his home insurer, said his roof should be replaced. But that same day, State Farm reversed itself and denied Willard's insurance claim. Soon after, State Farm canceled Willard's coverage, leaving him with a battered roof that no other company would insure.

During a cost-of-living crisis, many Australians may be wondering if their private health insurance policy actually delivers. Rising premiums, the high costs of specialists’ fees, large out-of-pocket costs and bill shock are some common concerns. Australians spent A $44 billion out-of-pocket on health in 2023-24. Per person, that’ s $1,636 a year.

—Jerome Powell said Wednesday he plans to remain on the board of the Federal Reserve after his term as chair ends next month“ for a period of time, to be determined,” saying the“ unprecedented” legal attacks by the Trump administration have put the independence of the nation's central bank at risk. The Senate Banking Committee earlier approved Powell’ s successor as…

2026 APR 28– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Radius Fracture have been published. According to news reporting out of New York City, United States, by NewsRx editors, research stated,“ Prior studies have demonstrated that socioeconomic factors can influence decisions regarding care. Our news journalists…

HORRY COUNTY, S.C.— South Carolina lawmakers face increased pressure to once again address the state's liquor liability law as business owners say the cost of required liability insurance has become unsustainable, impacting their operations and ability to remain open. Current state law mandates that businesses serving alcohol carry at least $1 million in…

"It's a good option for people that don't want to buy from Blue Cross Blue Shield or somebody that sells an individual policy that's extremely high," Commissioner Mike Chaney said. Hank Zuber (R) brought forward HB 605 in an effort to create a state health insurance exchange within two years. Now, Insurance Commissioner Mike Chaney (R) is working on a plan to help…

Sonja Bjork remains upbeat even though overseeing a health plan that administers Medi-Cal benefits to nearly 900,000 people in Northern California is getting increasingly difficult. Medi-Cal is California's version of the program that provides health insurance to low-income individuals and families. Medi-Cal is financed equally by the state and…

About 21,000 fewer people enrolled in health insurance plans through the Oregon Health Insurance Marketplace compared with a year ago, according to a new report. The Oregon Health Insurance Marketplace offers financial assistance and coverage guidance for those who don't receive health insurance through their employer, Medicare, the Oregon Health Plan…

Radian Group Inc. today announced that it will host an Investor Day on Thursday, June 4, 2026, beginning at 9 a.m. Eastern time in Midtown Manhattan, New York City. During the event, Radian’ s executive leadership team will discuss the company’ s long-term strategy for value creation as a global multi-line specialty insurer, outlining how its strong financial…

Unum Group today reported net income of $232.0 million for the first quarter of 2026, compared to net income of $189.1 million for the first quarter of 2025.. Included in net income for the first quarter of 2026 is a net after-tax investment loss on the Company’ s investment portfolio of $4.0 million and the Closed Block segment after-tax adjusted operating…

Porch Group, Inc., a new kind of homeowners insurance company, today reported first quarter results through March 31, 2026, that exceeded our expectations. Porch generated for shareholders 1 first quarter 2026 revenue of $109.4 million. Net loss attributable to Porch was$ million, and Adjusted EBITDA was $19.7 million.“ Porch Shareholder Interest” includes the…

The following information was released by the U.S. House of Representatives Committee on Financial Services:. The hearing focuses on ensuring capital rules are appropriately tailored, support lending and economic growth, and keep U.S. financial institutions competitive globally. "In March, the OCC, FDIC, and Federal Reserve released revised Basel III…

The bills– House Bills 5886 through 5889– are co-sponsored by both Republicans and Democrats, including Rep. Under current law, Michigan drivers must carry at least $250,000 in personal injury protection coverage, the highest minimum in the country. In addition, one of the bills would reduce the state’ s required bodily injury liability coverage from $50,000/…

Lebanon County horse farmer Clovis Crane is seeking to unseat incumbent Republican Sen. The district includes northern and western Berks County as well as parts of northern Lancaster County and all of Lebanon County. He owns Hoaster Gebhard& Company, an insurance and risk management firm in Lebanon.

Origami Risk, the industry-leading risk, safety and insurance Software as a Service technology firm, today announced Gramercy Risk Management has selected its cloud-native SaaS P&C platform to support its continued growth and expansion. Origami Risk was selected by Gramercy Risk following a comprehensive evaluation process that assessed functional…