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Travelers Reports Excellent Second Quarter and Year-to-Date Results

51 seconds ago Reinsurance No comments.

The Travelers Companies, Inc. today reported net income of $2.208 billion, or $10.26 per diluted share, for the quarter ended June 30, 2026, compared to $1.509 billion, or $6.53 per diluted share, in the prior year quarter. Core income in the current quarter was $2.160 billion, or $10.04 per diluted share, compared to $1.504 billion, or $6.51 per diluted share, in the…

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Downstream effects of federal cuts seen in Kansas budget, access to healthcare, food assistance

2 hours ago

TOPEKA— Repercussions from the One Big Beautiful Bill Act hit the Kansas budget with at least $16.4 million in costs and affected residents who lost health insurance and access to food assistance benefits. "The Legislature went into the 2026 session with a failed goal to cut $200 million to help balance the budget," she said. " It pushes more responsibility onto the…

REMARKS ON INFLATION, EMPLOYMENT AND MONETARY POLICY

3 hours ago

The following information was released by the Federal Reserve Bank of Dallas:. Dallas Fed President Lorie Logan delivered these remarks prior to a moderated conversation at the Dallas Fed's Houston Branch. Margaret Ford Fisher, chancellor of Houston City College, in just a few minutes.

REP. SUMMER LEE JOINS EDUCATION AND WORKFORCE DEMS IN INTRODUCING BILLS TO PROTECT AMERICANS FROM WRONGFUL HEALTH CLAIM DENIALS

3 hours ago

Today, Congresswoman Summer L. Lee alongside House Committee on Education and Workforce Democrats, introduced legislation to protect workers and families from wrongful health insurance claim denials and hold insurers accountable when they deny consumers a fair opportunity to appeal. Congresswoman Lee's Consumer Appeal Rights Enforcement Act would…

WAYS AND MEANS COMMITTEE APPROVES LEGISLATION TO EXPAND ACCESS TO CARE FOR RURAL PATIENTS AND SENIORS, IMPROVE HEALTH CARE PRICE TRANSPARENCY, AND HOLD HEALTH CARE EMPIRES ACCOUNTABLE

3 hours ago

Large hospital systems and insurance companies will be required to be more transparent about their prices and financing practices while seniors and patients living in rural and underserved communities will have more access to better health care under legislation approved by the Ways and Means Committee. The Committee's reform efforts deliver on…

ICYMI: HOSPITAL CLOSURES AND DATA CENTERS PUT ASSEMBLY DISTRICT 92 IN THE SPOTLIGHT

3 hours ago

New reporting from UpNorthNews details how healthcare is at the top of mind for voters in Wisconsin's 92nd congressional districtmeanwhile their current representative, Clint Moses, has a record of denying affordable healthcare to his constituents and pockets money from health insurance companies while opposing Medicaid expansion.

HARSHBARGER INTRODUCES LEGISLATION TO HOLD INSURANCE COMPANIES ACCOUNTABLE FOR SEX-REJECTING PROCEDURE HARMS

3 hours ago

Washington, D.C. Congresswoman Diana Harshbarger today introduced the Treatment and Restoration Uniformity and Transparency in Health Coverage Act, legislation requiring health insurance plans that cover sex-rejecting procedures to also cover restorative care for patients who suffer complications, adverse outcomes, or seek to restore healthy…

WARNOCK PUSHES FEDERAL RESERVE CHAIR KEVIN WARSH TO IMPLEMENT ARTIFICIAL INTELLIGENCE POLICY THAT PROTECTS ALL AMERICANS, NOT JUST TECH EXECUTIVES

3 hours ago

The following information was released by Georgia Senator Reverend Raphael Warnock:. Washington, D.C. Senator Reverend Raphael Warnock, Ranking Member of the Senate Banking Committee's Economic Policy Subcommittee, questionedFederal Reserve Chair Kevin Warshabouthowtoprotect Americansfrompotentialeconomic uncertainty tied tothe growth ofthe…

Abbott, Hinojosa pitch dueling plans to address affordability

11 hours ago

Greg Abbott outlined his plans to address home and car insurance costs during a Wednesday campaign stop in Houston. An outline of the plan shared by Abbott's campaign proposes a $400 million program in which homeowners can receive up to $10,000 for roofs that can withstand wind and hail damage. In Texas, most insurers cannot consider traffic violations when…

Findings on Science Detailed by Researchers at Health Analysis Division (The role of nonfinancial factors in the Congressional Budget Office’s health insurance coverage projections): Science

11 hours ago

2026 JUL 16– By a News Reporter-Staff News Editor at Insurance Daily News– Data detailed on Science have been presented. For more information on this research see: The role of nonfinancial factors in the Congressional Budget Office’ s health insurance coverage projections. Proceedings of the National Academy of Sciences, 2026; 123. Proceedings of the National…

New Managed Care Findings from University of Illinois Described (Dental Care Access for Young Children With Medicaid: Groundtruthing Online Data and Actual Access in the Chicago Metro Area): Managed Care

11 hours ago

2026 JUL 16– By a News Reporter-Staff News Editor at Insurance Daily News– Research findings on Managed Care are discussed in a new report. Recognizing potential differences between reported and realized access, we studied realized dental care access and neighborhood-level barriers to care in the Chicago metro area.”. Our news journalists obtained a quote…

Study Results from Kansai Medical University Update Understanding of Cerebrovascular Disease (Cardiovascular Safety of Romosozumab Versus Other Anti-Osteoporosis Medications in Patients with Osteoporosis: A Nationwide Health Insurance Claims …): Central Nervous System Diseases and Conditions – Cerebrovascular Disease

12 hours ago

2026 JUL 16– By a News Reporter-Staff News Editor at Heart Disease Daily– Current study results on Central Nervous System Diseases and Conditions- Cerebrovascular Disease have been published. Our news journalists obtained a quote from the research from Kansai Medical University,“ This study compared cardiovascular disease incidence between Rmab and other…

This Miami health system could go out-of-network with United. What it means for you

12 hours ago

South Florida patients insured through UnitedHealthcare could be locked out of in-network care at the University of Miami Health System as soon as August if a deal isn’ t made soon. This is the latest South Florida hospital versus health insurer dispute to go public. Broward Health and Memorial Health have accused Florida Blue of not paying them enough for care,…

Next phase of Abbott's affordability plan is to reduce home, auto insurance costs

12 hours ago

With Texas suffering from extreme weather events, including record flooding and hurricanes, home and auto insurance premiums have also risen. One aspect of his plan is for the legislature to establish a Texas roof fortification program and to amend state law to allow safe drivers to have access to lower auto premiums. "A more affordable Texas starts with…

Health benefit premiums for NJ school workers expected to rise by 34%

14 hours ago

Active school workers' health insurance premiums on a beleaguered state-run plan should rise by 34% in 2027, state actuaries told the School Employees Health Benefits Commission on Wednesday. "Public schools and public school employees cannot continue absorbing annual increases of this magnitude without consequences," New Jersey Education Association…

Governor candidates talk pocketbook issues Governor candidates talk home, car insurance costs

16 hours ago

Greg Abbott outlined his plans to address home and car insurance costs during a Wednesday campaign stop in Houston. An outline of the plan shared by Abbott's campaign proposes a $400 million program in which homeowners can receive up to $10,000 for roofs that can withstand wind and hail damage. In Texas, most insurers cannot consider traffic violations when…

Atrium’s WakeMed acquisition faces new hurdle after State Health Plan decision

16 hours ago

The State Health Plan's decision not to choose Atrium Health as a preferred provider healthcare system could derail Atrium's plan to acquire WakeMed. The Wake County Board of Commissioners will have the final say on Atrium's bid to acquire WakeMed, the N.C. Justice Center said on Wednesday. Although Atrium and WakeMed had been in talks for at least two years, the…

JULY 15, 2026 ECONOMIC OUTLOOK

18 hours ago

The following information was released by the Federal Reserve Board:. Thank you, Paul, for that kind introduction. Persistently elevated inflation imposes an unacceptable burden on American families, and it is the Federal Reserve's responsibility to restore price stability.

Average 30-year US mortgage rate climbs to 6.55%, highest level in nearly a year

19 hours ago

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly a year, driving up borrowing costs for prospective homebuyers. They generally follow the trajectory of the 10- year Treasury yield, which lenders use as a guide to pricing home loans. The 10- year Treasury yield was 4.57% at midday Thursday on the bond market, up from 4.54% a…

AM Best Affirms Credit Ratings of Military Insurance Corporation

19 hours ago

AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb” and the Vietnam National Scale Rating of aaa.VN of Military Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings reflect MIC’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance,…

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