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AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Employers Preferred Insurance Company and its pooled affiliates, collectively referred to as Employers Insurance Group. All companies are headquartered in Reno, NV.. In the third quarter of 2025, Employers management determined an off-cycle full reserve…

The Supreme Court sounded very skeptical Wednesday about President Trump’ s unprecedented bid to fire a Federal Reserve governor as the president seeks to reshape the central bank to do his bidding on economic policy. Conservative justices joined their liberal colleague in peppering the administration’ s lawyer with questions about Trump’ s controversial…

Assured Guaranty Ltd., the leading financial guarantor, today announced its entry into the annuity reinsurance market through the acquisition of Warwick Re Limited, a Bermuda- based life and annuity reinsurer. Assured Guaranty has renamed the acquired entity Assured Life Reinsurance Ltd.. Assured Guaranty expects that, for certain of Assured Life Re’ s…

New reporting shows that Senator Jon Husted has taken at least $75,000 in campaign contributions from Centene, a company that was forced to pay the state of Ohio $88 million in damages for committing Medicaid fraud. Ohio Capital Journal: Husted took thousands from company that paid Ohio $88 million to settle Medicaid fraud allegations. Jon Husted has taken at…

Property insurance rates in Montana are increasing, advocates and insurance companies say, and the legislature has been tasked to figure out why. Passed during the 2025 Legislative session, House Joint Resolution 61 requires a study of property insurance during the interim, and it was the highest ranked— or most important— study bill passed last session.

—Nationwide, the number of people buying health plans on Obamacare insurance marketplaces is down by about 833,000 compared with a year ago, according to federal data released this week. But nine states and Washington, D.C., have deadlines later this month, so the numbers could change. Preliminary data released Monday by the federal Centers for Medicare& Medicaid…

Truist Financial Corp. continued during the fourth quarter its fiscal 2025 pattern of slight improvements in key financial metrics as the bank continues to adjust to its latest fee-income strategy. Truist, the ninth-largest U.S. bank, reported Wednesday net income of $1.29 billion, up 5.7% from a year ago. Adjusted earnings were $1.12 when excluding an 8- cent…

The U.S. Supreme Court heard oral arguments on Wednesday in a case over whether President Donald Trump can immediately remove Lisa Cook, a member of the Federal Reserve Board of Governors. Justices on the Supreme Court appeared skeptical of the Trump administration’ s arguments to immediately remove Cook. Justice Brett Kavanaugh questioned the kind of…

—The Supreme Court on Wednesday seemed inclined to keep Federal Reserve governor Lisa Cook in her job, casting doubt on President Donald Trump’ s bid to wrest control of the nation's central bank. Both Cook and Federal Reserve chairman Jerome Powell sat through nearly two hours of arguments in the packed courtroom. “For as long as I serve at the Federal Reserve, I…

The U.S. Mint halted production of pennies in November 2025. The U.S. Mint will reportedly mint 2026 pennies— as an act of Congress will be required to totally decommission the penny— but no new pennies will be produced for distribution. The Federal Reserve will continue to recirculate pennies for the immediate future.

BlackRock, Inc. (NYSE: BLK) is one of today’s top gainers. The company’s shares have moved 0.56% on the day to $1,163. 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, […]

Georgia Democrats blamed Republican U.S. Senate candidates for the expiration of Affordable Care Act health insurance subsidies Tuesday, an opening 2026 salvo in the critical Senate race. The Democratic attack targeted the three Republicans in the race— U.S. Rep. "Republicans like Buddy Carter and Mike Collins voted to end the tax credits that made health care…

The Bouncing Ball, stuffed with U.S. tax dollars, is very confusing to follow as it pops out of the "Big Beautiful Bilk," whacks Medicaid and health insurance subsidies, caroms off of the flight deck of the USS Gerald R. Ford, spirals around a gilded ballroom, dribbles through DHS, and skids through an oil slick— only to land conveniently in the president's well-lined…

Lemonade, the digital insurance company powered by AI and social impact, today announced the launch of Lemonade Autonomous Car insurance, a first-of-its-kind product designed specifically for self-driving cars, starting with Tesla FSD. This press release features multimedia. “Traditional insurers treat a Tesla like any other car, and AI like any other…

On Monday, as a proposed insurance law makes its way toward the legislative session scheduled to begin Feb. 2, the Oklahoma State Medical Association released a poll conducted by Moore- based pollster Cole, Hargrave, Snodgrass and Associates, offering insight into Oklahomans' attitudes toward insurance companies at the start of an election year.

Georgia Democrats blamed Republican U.S. Senate candidates for the expiration of Affordable Care Act health insurance subsidies Tuesday, an opening 2026 salvo in the critical Senate race. The Democratic attack targeted the three Republicans in the race— U.S. Rep. "Republicans like Buddy Carter and Mike Collins voted to end the tax credits that made health care…