—Oil prices got back to jumping, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control. More drops for recent AI winners including Nvidia, Micron Technology and AMD weighed on the stock market. NEW YORK— Oil prices got back to jumping on Wednesday, while the U.S. stock…
Porch Group, Inc., a new kind of homeowners insurance company, today reported second quarter results through June 30, 2026, that exceeded our expectations. With strong capacity, expanding top-of-funnel activity, and rapid policy growth, we believe Porch is increasingly positioned for sustained profitability, a stronger balance sheet profile, and…
Today, Vermont's families, workers, and small businesses face some of the highest health insurance costs in America while having fewer affordable choices than people living in neighboring states. That experience has taught me an important lesson: Vermont gets much better policy when no single political philosophy dominates the debate.
WASHINGTON, DC Fannie Mae today reported its second quarter 2026 financial results and filed its Second Quarter 2026 Form 10- Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended June 30, 2026. Fannie Mae' s Form 10- Q for the quarter ended June 30, 2026.
—Federal Reserve leaves interest rate unchanged in 9-3 vote, but a hike is widely expected at next meeting in September.
HACKENSACK, N.J., July 29, 2026/ PRNewswire-PRWeb/– Paperclip, the leading secure data exchange platform for the insurance and financial services industry, announced today that National Life Group has joined its growing carrier network. The partnership enables distribution partners across the Paperclip ecosystem to seamlessly send Informal business to…
OFAC Sanctions Illicit Maritime Insurance Scheme and Iran's Shadow Fleet. Through the Persian Gulf Marine Insurance Company and HormuzSafe Marine Services Authority, the regime brokers IRGC-approved policies designed to extract revenue under the guise of maritime services, including payments in digital assets to evade sanctionsallowing Iran to…
Tacoma- based MultiCare and Mountlake Terrace- based Premera Blue Cross appear to have avoided breaking off insurance coverage for patients. Bill Akers, executive vice president at Premera Blue Cross, said in an emailed statement,“ MultiCare will remain in-network while both organizations work through the remaining contract details.” Akers added that the…
A new Insurance Information Institute members-only Issues Brief finds extreme heat, drought conditions and continued population growth in wildfire-prone areas are contributing to elevated wildland fire exposure across multiple regions of the country, including the Southeast and Great Plains. “Wildfire is increasingly a national risk issue rather…
In reality, it's another episode in Colorado's ongoing Medicaid meltdown. As reported in The Gazette on Friday, a report from the U.S. Department of Health and Human Services inspector general found Colorado failed to follow federal and state requirements for some Medicaid personal care service payments. Jared Polis and his fellow Democrats who run the…
Origami Risk, the industry-leading risk, safety, and insurance Software as a Service technology firm, today announced that WCF Insurance Company has selected its cloud-native claims platform to drive operational efficiency and support the expansion of its commercial lines business. WCF, an innovative property and casualty insurer serving the Western…
Third Wave Insurance, a retail insurance brokerage platform backed by TPG, a leading global alternative asset management firm, today announced that it has entered into definitive agreements to acquire five insurance and advisory agencies across Louisiana, Mississippi, and Florida, marking its strategic entry into the highly attractive Gulf Coast market…
CARY, N.C., July 29, 2026/ PRNewswire-PRWeb/– Cary Medical Management, a management services organization, today reported that the primary care group it manages, Generations Family Practice, achieved significant reductions in medical costs for Medicare and Medicaid patients in 2025 by deploying proprietary technology that integrates with North Carolina's…
OKLAHOMA CITY— Oklahoma Insurance Commissioner Glen Mulready and Attorney General Gentner Drummond have aired grievances with each other this week related to an investigation of business practices of insurance companies in the state. In a statement issued later in the day, Mulready said he would not be used as a "political pawn" by Drummond, who is running to be…
As reported in The Gazette on Friday, a report from the U.S. Department of Health and Human Services inspector general found Colorado failed to follow federal and state requirements for some Medicaid personal care service payments. The federal agency is now seeking an $8 million repayment from the state. Jared Polis and his fellow Democrats who run the…
New Mexico earned a Tort Reform Trailblazer designation in the American Tort Reform Associations 2026 Legislative HeatCheck report after lawmakers passed landmark medical malpractice reform with overwhelming, bipartisan support led by a coalition of women legislators. New Mexico lawmakers came together across party lines to fix a problem that was…
On average, insurers are asking for a 17.1% increase for individuals and 11.5% for small businesses, according to the Pennsylvania Insurance Department. More than 600 Pennsylvanians signed a petition calling for a "healthcare cost freeze," organized by the Affordable Healthcare Coalition, which is scheduled to be delivered on Wednesday to the agency's…
The following information was released by Public Citizen:. In June, CDI published a proposed regulation that would require large domestic insurers in California to assess and mitigate long-term risks to their solvency from climate change, technological innovation, and other emerging risks. "CDI must do more than protect the bottom line of insurers," said Elyse…
North CarolinaInsurance Commissioner Mike Causey today announced the arrest of Georgia Denise Robinson, 42, of 5801 Triangle Oaks Drive, Raleigh. Special agents with the Department of Insurance's Criminal Investigations Division accuse Robinson of making false and misleading statements as part of a claim with Lemonade Insurance Co. According to the…
