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AmTrust Earns Insurance Business America’s 2026 5-Star Claims Excellence Recognition

June 17, 2026

Insurance Business America conducted a comprehensive research process, gathering insights from brokers across the United States to evaluate claims service providers. “The nation’ s brokers play a critical role in identifying the claims organizations that truly stand out,” said Paul Lucas, Global Managing Editor, Insurance at Insurance Business America.“…

AM Best Assigns Issue Credit Rating to Sammons Financial Group, Inc.’s New Senior Unsecured Notes

June 17, 2026

AM Best has assigned a Long-Term Issue Credit Rating of“ a-” to the $750 million 5.95% senior unsecured notes, due June 2036, issued by Sammons Financial Group, Inc.. The outlook assigned to this Credit Rating is stable. Proceeds from the issuance will be used for general corporate purposes including business growth at SFG’ s two insurance operating subsidiaries–…

Federal Reserve may have unwelcome news for Trump on rates

June 17, 2026

During Kevin Warsh's swearing-in as chair of the Federal Reserve, President Donald Trump told the new chair to be "independent" and "Don't look at me, don't look at anybody, just do your own thing and do a great job." The Fed typically lowers rates in response to concerns about the labor market to make borrowing cheaper and help stimulate the economy.

Wetland loss costs Myrtle Beach area millions in flood claims, new study finds

June 17, 2026

Terri Straka lived on Cottonwood Drive in the Rosewood neighborhood of Socastee during the 1,000- year flood in 2015, when water spilled from the Intracoastal Waterway up to her yard four rows of homes inland. The National Flood Insurance Policy paid close to $90,000 after she filed a claim. Fifty-eight homes have since been bought out, demolished and…

Federal Reserve keeps rates steady but officials are divided between staying course and hiking rates this year

June 17, 2026

—Federal Reserve keeps rates steady but officials are divided between staying course and hiking rates this year.

As Gas Prices Hit Highs, New doxo Reports Reveal the Invisible, Fixed Costs of Car Ownership

June 17, 2026

doxo today released its 2026 U.S. Auto Loan& Auto Insurance Market Spending Reports, a comprehensive analysis designed to frame the true, combined cost of vehicle ownership in an era of heightened economic uncertainty. By grouping these categories, the 2026 reports reveal that the average American household with automotive obligations now pays a combined…

How much money do Connecticut residents need to retire comfortably?

June 17, 2026

What's clear is that most people, even in Connecticut, don't have nearly that much. That's because retirees do not pay into Social Security, put money into a 401 k, commute or buy new office clothing, AARP reports. Nevertheless, although Connecticut is among the wealthiest states, it's doubtful most people have that much saved for retirement, said Eric McAlley,…

AM Best Affirms Credit Ratings of Convex Group Limited’s Subsidiaries

June 17, 2026

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Convex Re Limited, Convex Insurance UK Limited, Convex Europe S.A. and Convex Guernsey Limited. All four entities are wholly owned subsidiaries of Convex Group Limited, the non-operating holding company of the group. The group’ s balance sheet strength is…

The Fed Plays Politics

June 17, 2026

In his July 4, 1832 veto of the renewal of the Second Bank of the United States President Andrew Jackson made these statements:. The Second Bank of the United States worked differently than the Federal Reserve, and Jackson spent a good amount of time railing against the fact the BUS sold stock to foreign investors– something that cannot happen with the Federal…

Monroe County makes priorities for its legislative agenda

June 17, 2026

The agenda also outlines Monroe County's position on proposed federal disaster policy changes in response to the FEMA Review Council's recommendations. Monroe County is advocating for affordable flood insurance, greater transparency in FEMA' s Risk Rating 2.0 methodology, and a cap on annual premium increases of no more than 9 percent for all property…

Arch Capital Group Appoints Halgan CEO of Global Reinsurance and Schmeiser CEO of Global Mortgage

June 17, 2026

PEMBROKE, Bermuda—- Arch Capital Group Ltd., a leading provider of insurance, reinsurance and mortgage insurance globally, today announced the promotions of Jerome Halgan to CEO of Arch Global Reinsurance Group and Michael Schmeiser to CEO of Arch Global Mortgage Group. He has served as President and Chief Underwriting Officer of Arch Reinsurance Group since…

June 17, 2026
Image shows the Federal Reserve building
Economists say solid job gains and rising inflation tied to the Iran war have left little room for policymakers to cut rates. (This image was created with AI)

Fed may have unwelcome news

During Kevin Warsh's swearing-in as chair of the Federal Reserve, President Donald Trump told the new chair to be "independent" and "don't look at me, don't look at anybody, just do your own thing and do a great job." "For the Fed to cut rates, they would likely need to see some new negative shock to the job market, whether that be worsening of the Mideast conflict or some of…

Humana Awarded Statewide Illinois HealthChoice Medicaid Contract, Expanding Access to Care Across the State

June 17, 2026

Humana Inc. has been selected by the Illinois Department of Healthcare and Family Services to serve members statewide in HealthChoice Illinois, the state’ s Medicaid managed care program. Maternal Health: Humana is partnering with the Illinois Public Health Association to ease maternal health workforce shortages in high-disparity counties and expand…

The Insurance Company Priced Your Injury Before You Hired a Lawyer. Here Is How the Model Works.

June 17, 2026

Your claim was priced before you hired anyone. One Texas firm employs a litigation chief who spent a decade running that model from the inside. J. Alexander Law Firm, a statewide Texas and Oklahoma practice named the 2026 recipient of the Texas Personal Injury Excellence Award after an independent review of 24 Texas personal injury firms, employs as its Managing…

What to know: Federal cuts impact Essential Plan; cuts start July 1

June 17, 2026

Starting July 1, hundreds of thousands of New Yorkers enrolled in the state’ s Essential Plan will lose their health insurance due to federal cuts. If you have specific questions about your coverage and choices, contact the state’ s health care marketplace, New York State of Health. —A U.S. citizen or meet immigration status requirements.

Fed may have unwelcome news for Trump

June 17, 2026

During Kevin Warsh's swearing-in as chair of the Federal Reserve, President Donald Trump told the new chair to be "independent" and "don't look at me, don't look at anybody, just do your own thing and do a great job." "For the Fed to cut rates, they would likely need to see some new negative shock to the job market, whether that be worsening of the Mideast conflict or some of…

Fed may have unwelcome news for Trump on rates

June 17, 2026

During Kevin Warsh's swearing-in as chair of the Federal Reserve, President Donald Trump told the new chair to be "independent" and "Don't look at me, don't look at anybody, just do your own thing and do a great job." The Fed typically lowers rates in response to concerns about the labor market to make borrowing cheaper and help stimulate the economy.

Guv wannabees: ‘It’s health care costs, stupid!’

June 17, 2026

You would think at least one of the candidates for governor of Wisconsin would by now have laid a glove on the underlying costs of health care. Average deductibles on the ACA exchanges rose by more than $1,000 to $3,786. Rand Corp., a venerable research shop, put Wisconsin hospital costs at sixth highest in the nation.

One year after steepest premium increase in a decade, RI health insurers seek double-digit hikes

June 17, 2026

The Rhode Island Office of the Health Insurance will hold a virtual town hall for community input on any and all insurer premium rate requests on Monday, July 20, from 4 to 5 p.m.. A separate set of hearings specific to Neighborhood Health Plan of Rhode Island's individual plan rate requests will be held in person on Tuesday, July 14, at 6 p.m. and Wednesday, July 15, at 9…

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