Johnson Kendall Johnson, an independent, employee-owned insurance and risk management brokerage firm, and Outmarket, the leading AI platform purpose-built for insurance, today announced the successful results of their strategic partnership. By adopting Outmarket’s AI solution, JKJ has transformed its operations, workplace culture, and client-service…
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Sara Mitchell was sitting at a red light on I-285 near the Ashford Dunwoody exit when a delivery van slammed into her rear bumper at forty miles per hour. Paramedics took her to Northside Hospital, where the ER ran a CT scan, prescribed muscle relaxants, and sent her home with a bill for $6,200. Most Georgia drivers carry at least one of three coverages that pay…
A new Pennsylvania law will require state-regulated insurers and Medicaid to cover blood-based colorectal cancer screening tests with no cost-sharing, Dec 21, 2026.
The Federal Reserve opted not to raise interest rates Wednesday, but signaled that it's not retreating from the fight against stubborn inflation. The central bank renewed its pledge to deliver price stability, a goal that's been made more difficult by a spike in energy prices tied to the U.S. war with Iran. "It's' wrong way," says Dan North, a senior economist at the…
Core inflation accelerated to 3.1% in September while gross domestic product for the third quarter grew by 3.4%, the U.S. Bureau of Economic Analysis reported Thursday. The single-month increase in the PCE index was the largest since March, the first full month of the Iran war. "The period right in front of us is information rich," Kevin Warsh, Federal Reserve…
Porch Group, Inc. (NASDAQ: PRCH), a homeowners insurance company, announced on October 28, 2026 third quarter revenue of $143.9 million, up 13% from a year earlier. The company also raised its full-year 2026 outlook for Porch-owned segments and shared early 2027 targets that include its pending acquisition of Allied Trust. Third Quarter Results Revenue from…
The post Porch Group Raises 2026 Outlook as Insurance Services Revenue Climbs 39% in Third Quarter appeared first on PRISM MarketView.
AM Best has downgraded the Long-Term Issuer Credit Rating to“ a” from“ a+” and affirmed the Financial Strength Rating of A of Erie and Niagara Insurance Association. Concurrently, AM Best has affirmed the FSR of A- and the Long-Term ICR of“ a-” of Cherry Valley Cooperative Insurance Company. Erie& Niagara reported a combined ratio of approximately 110.3% through the…
–Buy the EUR/USD pair and set a take-profit at 1.1230. –Add a stop-loss at 1.100. The pair also consolidated as traders awaited the upcoming European Central Bank decision and key US macro data, including inflation and GDP figures.
Relation Insurance Services announced today their acquisition of the assets of Wright Insurance Planning. “Joining Relation gives us an opportunity to continue doing what we do best while giving our clients access to the broader resources and capabilities of a national organization,” said Chris Wright, president of Wright Insurance Planning.“ Our approach…
ALBANY— New Yorkers can begin renewing their health insurance or enrolling in a new policy for 2027 through the state-run marketplace beginning Nov. 1, when the state's open enrollment period begins. More than 800,000 New Yorkers are up for renewal this enrollment season, including those enrolled in individual and small group market plans, according to the…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Eni Insurance S.p.A., a captive of Eni S.p.A., a multinational energy company based in Italy. The outlook of these Credit Ratings is stable. EIS’ prospective performance is expected to be strong, in line with the historical performance of Eni Insurance Designated…
Rising home insurance costs are a top affordability concern for voters heading into the 2026 midterm elections. Some polls show voters are now more worried about their insurance bills than their taxes. Sixty-five percent of likely voters consider homeowners insurance costs important to their ability to buy a home or afford the one they already own,…
EPIC Insurance Brokers& Consultants, a national insurance brokerage and risk advisory firm, today commemorates its New York City headquarters at 1140 Avenue of the Americas, marking a milestone in the company’ s evolution into a national specialty broker. Established in New York last year, the headquarters reflects EPIC’ s continued growth, expanding…
OKLAHOMA CITY— Open enrollment for 2027 ACA health insurance plans begins on Sunday, November 1, and runs through January 15, marking the start of the annual window for consumers to select their health coverage. Many employer health care plans also reveal their options for next year at this time as well. Joining us on Wednesday is Erik Wissig with SureCo to talk…
Healthcare costs are a major concern for Americans, and health insurance premiums are a primary fuel for that anxiety. Shrinking federal subsidies for Affordable Care Act plans led to large premium increases for millions of Americans in 2025, causing many people to drop coverage. With premiums expected to rise further and Medicaid work requirements set to…
The majority of homeowners either don't think climate change is behind increased homeowners insurance rates, or aren't sure if there's a connection, according to the 2026 Insurance and Climate Change survey conducted by Insurance.com. A 2024 Congressional Budget Office report found that climate change is straining insurers' resources, resulting in rate…
When someone in your family passes away, it can trigger a cascade of financial complications, including insurance concerns, at a difficult time when you're least prepared to handle them. Life and health insurance policies take priority, but don't overlook your loved one's homeowners insurance. Many families don't realize that a homeowners policy may not…
Rainier Partners, a private equity firm investing in lower middle-market services businesses, is pleased to announce its investment in Apex Insurance Services, a leading multi-brand managing general agency platform focused on the Texas non-standard auto insurance market. Headquartered in Richardson, Texas, Apex manages five MGAs— Apollo MGA, Apollo…
NEW YORK— The bond market swung Wednesday, while U.S. stocks ticked higher following the Federal Reserve‘ s decision not to raise its main interest rate to bring down high inflation. The action was much stronger in the bond market, where the yield on the two-year Treasury initially climbed after the Fed announced it was holding the federal funds rate steady.