Shares of MetLife, Inc. (NYSE: MET) traded at a new 52-week high today and are currently trading at $78.08. So far today, approximately 2.96M shares have been exchanged, as compared to an average 30-day volume of 3.19M shares. MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It […]
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AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Ping An Property& Casualty Insurance Company of China, Ltd. The outlook of these Credit Ratings is stable. In 2025, the company’ s C&S increased by 7.0%, reaching RMB 146.2 billion by year-end.
The following information was released by the Cato Institute:. When Kevin Warsh was nominated in January to be Federal Reserve chair, the monetary policy debate was over how quickly to lower interest rates. The Fed forecast that inflation would return to the central bank's 2 percent target, already suggesting that interest rates should ease.
OKLAHOMA CITY— Insurance Commissioner Glen Mulready made the following statements regarding legislation signed into law and the announcement of a public hearing regarding homeowners market status:. The department has already begun preparing for this new file and use process, which will become effective on July 1, 2027. For too long, trial lawyers have…
The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below:. Former employee of Commerce Bank, Kansas City, Missouri.
When do you need travel insurance? Plus how to get it. Ask Sofia Calvin, a travel advisor with Storied Travel, and she'll tell you that purchasing travel insurance coverage is a smart investment.
When Republican members of Congress grouse about the president’ s excesses, it’ s usually just talk. Thom Tillis used his power over confirmations to force the Trump Justice Department to drop its frivolous criminal probe into Federal Reserve Chair Jerome H. Powell. The " Anti-Weaponization Fund" announced this week is part of the "settlement" of President Donald…
BY JOHN H. COCHRANE When Kevin Warsh was nominated in January to be Federal Reserve chair, the monetary policy debate was over how quickly to lower interest rates. The Fed forecast that inflation would return to the central bank’ s 2 percent target, already suggesting that interest rates should ease. The debate was over faster cuts.
The following information was released by the Illinois Senate Democrats:. State Senator Graciela Guzman's push to allow mammograms under all health insurance policies regardless of the person's age has passed the Senate. According to the Illinois Department of Public Health, except for skin cancers, breast cancer is the most common form of cancer in women.
WASHINGTON- Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.7 trillion portfolio, Kevin Warsh is returning as the U.S. central bank's leader with a big reform agenda that may be tough to translate into quick changes. Trump clashed repeatedly with Powell, initially demanding…
Mark Warner in introducing the Discount Window Preparedness Act, a bipartisan bill to reduce stigma around the Federal Reserve discount window and improve its effectiveness as a liquidity tool for commercial and community banks. Borrowing at the Feds discount window has become stigmatized to a point where Silicon Valley Bank and Signature Bank were…
Last year, Providence Health Plan, the company’ s Portland- based insurer, outsourced key administrative work for employer plans to California- based Collective Health, moved health coverage for Providence employees to Aetna and eliminated some health plan jobs as executives worked to shore up the bottom line. Here’ s what Oregon patients and health plan…
2026 MAY 21– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ AIBANK” by Jennifer L. Whitelaw WHITELAW LEGAL GROUP, representing F.N.B. Corporation. This application was made available to the public on May 12, 2026.
2026 MAY 21– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in Managed Care. Financial support for this research came from NIH Eunice Kennedy Shriver National Institute of Child Health& Human Development. Our news editors obtained a quote from the research from the University of California Los Angeles,“ This study uses…
Behind the verbal sparring last week between federal and state officials over policing Medicaid fraud, data shows Hawaii's recent record on the subject is in some respects worst in the nation. In each of the last four years, Hawaii's Medicaid Fraud Control Unit has produced no indictments and no convictions for fraud— something no other state has done.
PORTLAND, Ore.& HONOLULU—- Standard Insurance Company and Pacific Guardian Life announced today a definitive agreement under which The Standard will transition its individual annuities business to Pacific Guardian Life. The Standard and Pacific Guardian Life are both members of the global Meiji Yasuda Life Insurance Company family. Pacific Guardian Life,…
Neptune Insurance Holdings, Inc., the largest private flood insurance provider in the United States, today announced the nationwide launch of Atlas+, Neptune’ s new AI-powered platform experience for insurance agents. Atlas+ is designed to help agents become flood insurance sales experts by bringing generative AI directly into the Neptune Agent Portal.
Gold prices moved slightly higher at the start of the week as the U.S. dollar weakened, making the precious metal more attractive to overseas buyers. However, gains remained limited due to rising Treasury yields and surging oil prices, both of which intensified concerns over inflation and the possibility of tighter monetary policy. With investors closely watching central bank policy […]
Marco Scamarone, 34, of Tamarac; Jose Mendez, 34, of Coral Springs; and Renee Vazquez, 33, of Tamarac, entered agreements in December and pled guilty to conspiracy to commit money laundering. The men conspired to defraud Medicare by submitting millions of dollars worth of fraudulent claims for orthotic braces that were medically unnecessary and received…
