The news reporters obtained a quote from the research from Federal Reserve Board,“ Traders exhibit higher net job creation rates than nontraders, and higher imported input use correlates with higher job growth among traders. For more information on this research see: Importers, Exporters, and Job Creation: a 30- year View To Assess Implications of the 2025 Us…
Newswires
W. R. Berkley Corporation will release its first quarter 2026 earnings after the market closes on Tuesday, April 21, 2026. Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance…
The following information was released by the National Association of Insurance Commissioners:. During the National Association of Insurance Commissioners' 2026 Spring National Meeting, state insurance regulators announced they have issued a nationwide data call to insurance companies to better understand homeowners insurance markets across the…
Between 2023 and 2024, 126 hospitals across the U.S. shut down their inpatient psychiatric units, according to data provided to Stateline by the American Hospital Association. "are often in the red, and, for lack of a better word, kind of subsidized by the rest of the health system," said Sarah Steverman of the National Association for Behavioral Healthcare.
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a”“ a-” of Ocean International Reinsurance Company Limited. Ocean Re is a Barbados- based reinsurer, licensed as a Class 2 insurance company, which offers a diversified product mix worldwide with a relevant presence in Latin America. Ocean Re’ s regional…
The combined bill now awaits Senate approval before being sent to Gov. Pritzker initially called for rate review authority over homeowners insurance last summer after Bloomington- based State Farm Insurance announced it was raising rates in Illinois an average 27.2%, citing losses it had incurred from weather-related disasters in the state.
Chairman Steil, Ranking Member Lynch, and Members of the Subcommittee, I am pleased to appear before you at today's hearing to examine how federal bank regulators are keeping pace with technology and innovation.My name is Ryan Billingsley, and I lead the Division of Risk Management Supervision at the Federal Deposit Insurance Corporation.
H.R.1, the federal tax cut and spending law that Congress passed last year, cut more than $1 trillion nationwide from Medicaid, a state-federal health insurance program for people with low incomes. Costs for those purchasing health insurance on Colorado's individual marketplace have doubled in the absence of enhanced federal subsidies, which Republicans…
Sompo Mexico is a subsidiary of Sompo America Insurance Company and a member of Sompo International Holdings Ltd.. Sompo Japan Insurance Inc. is the core operating unit of Sompo Holdings, Inc., the ultimate parent and one of the largest non-life insurance groups in Japan. The acquisition of Aspen is expected to increase SJ’ s business scale and specialty line…
AM Best has removed from under review with positive implications and affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of Sompo Japan Insurance Inc. and its subsidiaries. The acquisition of Aspen is expected to increase SJ’ s business scale and specialty line capabilities, materially enhancing its presence in the…
While America's Credit Unions has not sought increases in coverage limits for the National Credit Union Share Insurance Fund at this time, any changes in coverage for the Federal Deposit Insurance Corporation must provide parity for the NCUA. We look forward to working with Congress to move this important policy forward. " However, there is concern with…
Fishlinger, Chief Executive Officer and Chairman of Gramercy Risk Holdings, spoke extensively about the hurdles he encountered and the knowledge he gained along the way to becoming a transformational figure in public-sector risk financing during the latest Dean's Distinguished Speaker Series event on Wednesday, March 11, 2026, at the University of…
The average long-term U.S. mortgage rate climbed this week to its highest level in more than six months, driving up borrowing costs during what’ s typically the busiest time of the year for prospective home buyers. The last time the average rate was higher was Sept. 4, when it was at 6.5%. Only four weeks ago, the average rate had dropped to just under 6% for the first time…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Premier Land Title Insurance Company. The outlook of these Credit Ratings is stable. The company’ s limited business profile reflects its role as a mono‑ line title insurance writer, operating across 20 states and Washington, D.C., with a significant…
Judging by more than 16,400 comments recently posted on a federal government website, you’ d think there was a groundswell of older Americans demanding that federal officials hike payments to their health insurance plans.Yet about 82% of the comments are identical to a letter that appeared on the website of a secretive advocacy group called Medicare…
Between 2023 and 2024, 126 hospitals across the U.S. shut down their inpatient psychiatric units, according to data provided to Stateline by the American Hospital Association. "are often in the red, and, for lack of a better word, kind of subsidized by the rest of the health system," said Sarah Steverman of the National Association for Behavioral Healthcare.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Nan Shan General Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect Nan Shan General’ s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and…
The LEDA meeting will occur two days after the Lawton City Council voted to spend almost $150,000 to renew two liability insurance policies intended to protect City Hall computers from cyber criminals. LEDA Executive Director Richard Rogalski informed the City Council during its meeting July 8, 2025, that $224,840 was stolen from LEDA via a Fisher59 email…
MIAMI& CARMEL, Ind.—- Loquat Inc., a fintech innovator enabling banks and credit unions to offer smart consumer and business banking, and Allied Solutions, one of the largest providers of insurance, lending, risk management, and data-driven solutions to financial institutions in North America, today announced a strategic partnership to deliver end-to-end…
