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The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief 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 yield on the U.S. 10- year Treasury note was at 4.47% in midday trading Thursday on the bond market, up…

AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to KFH Takaful Insurance Company K.S.C.. The outlook assigned to these Credit Ratings is stable. The ratings reflect KFH Takaful’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Sooner Insurance Company. The outlook of these Credit Ratings is stable. The ratings reflect Sooner’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate…

AM Best has assigned a Financial Strength Rating of B and a Long-Term Issuer Credit Rating of“ bb+” to Insurance Company Alatau City Garant JSC. An offsetting factor is Alatau’ s exposure to high levels of economic and financial system risks associated with Kazakhstan, where the company is domiciled and holds a large majority of its assets. The company achieved a…

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Ansvar Insurance Limited. The outlook of these Credit Ratings is stable. The ratings reflect Ansvar’ s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, limited business profile and appropriate…

Blue Cross Blue Shield of North Carolina, the state's largest private health insurer, lost $497 million last year. The 4.3 million BCBS customers in North Carolina, about one-third of the state's population, know what this means: Their health insurance premiums will increase. Tunde Sotunde, CEO of BCBS, addressed the loss and spoke to the current state of our…

At the Tuesday, June 2 meeting of the Clay City Town Council, Council President Donnella Baumgartner confirmed that some funds had been received in relation to former Clerk-Treasurer Karla Pipes, who was convicted of wire fraud in February 2026. According to an official State Board of Accounts presentation, surety bonds for Clerk-Treasurers and Controllers…

The following information was released by the Cato Institute:. With Jay Powell's term as Federal Reserve chair ending, commentary on America's central banker has already descended into ridiculous hagiography. He certainly faced testing circumstances, including a once-in-a-century pandemic, America's lurch to protectionism, and conflicts in Ukraine and…

According to the JD Power 2026 U.S. “We’ re moving from a crisis-driven market to a digital‑ and AI‑ driven market,” said Stephen Crewdson, managing director, insurance intelligence at JD Power.“ Even as rate pressure eases, customers are getting more quotes than ever because mobile apps and AI tools make it so much easier to compare options and understand coverage.

Expro Group Holdings N.V. filed its definitive proxy statement on April 21, 2026 with the Securities and Exchange Commission in connection with Expro’ s proposal to redomicile from the Netherlands to the Cayman Islands. On June 3, 2026, Institutional Shareholder Services, a proxy advisory firm, revised its initial recommendation regarding the proposal to…

Radian Group Inc. will host an Investor Day today, 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 the company’ s strong financial foundation,…

Winds in Houston knocked down massive trees and power lines leaving more than 19,000 people without power. The National Weather Service confirmed an EF-1 tornado packing winds of 105 mph in Guadalupe County. These National Flood Insurance Program poli- cies offer coverage up to $250,000 for a personal residence and $100,000 for personal belongings.

The following information was released by the Federal Reserve Bank of Minneapolis:. This is the 10th cohort of researchers hosted by the Opportunity and Inclusive Growth Institute. The Opportunity and Inclusive Growth Instituteannounced the visiting scholars selected to conduct research while in residence at the Federal Reserve Bank of Minneapolis for…

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 University of Texas at El Paso. In my travels, I have many opportunities to thank people for welcoming me to their communities, and the welcome is never warmer than in El Paso.

WASHINGTON- Federal Reserve Chairman Kevin Warsh pledged to follow "the best of the Fed's traditions" in an opening note to the central bank's more than 20,000 employees as he starts his four-year term, while also promising a broad look at what might be done differently. Daniel Heil is a policy fellow at Stanford University's Hoover Institution, where Warsh also…

When Hunter Bambino was 9 years old, his parents started noticing something strange in his behavior. "I would be trying to field the baseball and I would freeze. That led to a medical consultation in Pittsburgh and a 20- hour surgery for a problem with his brain stem.