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U.S. Senator Katie Britt, a member of the Senate Banking Committee, attended the nomination hearing of President Trump's nominee to chair the Federal Reserve, Kevin Warsh. Senator Britt began by underscoring the importance of the American people having trust in the Federal Reserve, saying, "I want to emphasize that transparency and accountability at the Fed are…

The following information was released by the U.S. House of Representatives Committee on Financial Services:. Today, the House Financial Services Committee is holding a Housing and Insurance Subcommittee hearing, led by Subcommittee Chairman Mike Flood, focused on the importance of reinsurance and credit risk transfer. "Let's say a small mutual insurer…

U.S. Senator Roger Marshall, M.D., joined Ed Henry on Newsmax and David Asman on Fox Business to discuss the ongoing Iran ceasefire negotiations, the latest in the Senate, and his assessment of Kevin Warsh's confirmation hearing to serve as the next Federal Reserve Chairman. "I think we have our foot on the neck of Iran, and it's time to finish the job.

AM Best has downgraded the Financial Strength Rating to A- from A and the Long-Term Issuer Credit Ratings to“ a-” from“ a” of American Southern Insurance Company, and its wholly owned and 100% reinsured subsidiary, American Safety Insurance Company. Additionally, AM Best has affirmed the FSR of A- and the Long-Term ICRs of“ a-” of Bankers Fidelity Life Insurance Company,…

SARASOTA— Sarasota County Schools employees, including teachers, will now officially be expected to pay double, possibly triple, their annual average deductibles for health care. At Tuesday's School Board meeting, officials voted to approve next year's employee health insurance plan, which lowers district costs by 8.3% while raising costs for employees.

FTC alleges scheme has generated millions of dollars by deceiving consumers seeking comprehensive health plans or those who already have coverage. The FTC alleges that consumers paid the defendants millions in "premiums" for products they did not want or need, and which exposethem to potentially significant and unexpected medical costs.

BlackRock, Inc. (NYSE: BLK) is one of today’s top gainers. The company’s shares have moved 1.21% on the day to $1,055. BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, […]

Marketplace 4 Insurance is pleased to announce the acquisition of Swann Insurance Agency, a respected independent insurance agency based in Columbia, Maryland. This acquisition of Swann Insurance Agency will expand M4I’ s footprint in the Mid-Atlantic region as Swann joins forces with Reilly Insurance Agency, M4I’ s existing Crofton, Maryland location, to…

There is obviously tremendous media attention on those policy decisions, as there should be because they affect U.S. households and businesses and financial markets around the world. But the FOMC only meets 16 days a year to set monetary policy, so what are we doing at the Fed the rest of the time? As the Board member responsible for leading the oversight of Federal…

Federal Reserve Chairman Jerome Powell's term is nearing its end and President Donald Trump is pushing for his replacement but an investigation into Powell may hold up the appointment of a new chair. Powell's term as chairman of the Federal Reserve will end in May but he will remain on the Board of Governors until January 2028. The Justice Department alleges…

Federated Mutual Insurance Company hosted its 122nd Annual Meeting of Policyholders on Tuesday, April 21, 2026, in Owatonna, Minnesota. Chairman, President and CEO Nicholas Lower presided over the meeting, reflecting on Federated's continued growth and commitment to its policyholders, employees, association partners, and the communities where its…

-Senators grilled Kevin Warsh, President Donald Trump's nominee to lead the Federal Reserve, over his asset disclosures and independence from the president's decision-making. John Kennedy, R- La., asked Warsh if Trump told him to cut interest rates when offered the position of chairman. Trump and the current chairman of the Federal Reserve, Jerome Powell, have…

As Kevin Warsh faces senators, the stakes go beyond one nomination. He's arguing the Federal Reserve should stay independent on interest rates and step back from roles that go beyond its core mission, as President Trump pressures the central bank and inflation remains a top concern. Here& Now's Scott Tong talks with Marketplace's Kimberly Adams about what…

Alliant Insurance Services announces Michael J. Cusack has been appointed President, Alliant Property& Casualty. Cusack previously served as head of Alliant Specialty, responsible for overseeing 16 industry verticals and expanding Alliant’ s specialty business across the U.S. In his new leadership position, Cusack will manage the firm’ s $2.3 billion P&C…