The following information was released by the Colorado Senate Democrats:. DENVER, CO The Senate Finance Committee today passed a bill to stabilize Colorado's homeowners insurance market and mitigate the impacts of natural disasters. SB26-155, sponsored by Senators Kyle Mullica, D- Thornton, and Janice Marchman, D- Loveland, would create a grant program to…
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According to a new study released by WalletHub, Kentucky ranks as the fifth-worst state for children's health care, trailing only Montana, Alaska, Arizona, and Mississippi. While some families receive assistance through Medicaid or the Children's Health Insurance Program, many who do not qualify for government support continue to face financial strain…
That was the question Commissioner Fred Brown put to Leslie Contreras, the county's risk manager, at the April 7 session of commissioners court while discussing the county's insurance coverage. The commissioners were discussing renewal of insurance coverage for county buildings, building contents and mobile equipment with the Texas Association of…
From freezes to hurricanes, Texas has no shortage of natural disasters. UAF’ s report prompted a response from the American Property Casualty Insurance Association, which was quick to point out that Texas has been“ impacted more than any other state in the country by what are known as Billion Dollar Storms.”. The onslaught of lawyer advertising and lawsuits that…
—Last week's inflation report showed the first clear signs that the conflict with Iran is feeding into the U.S. economy through energy prices. Consumer prices rose 3.3% in March from a year earlier, up from 2.4% in February. That is not the kind of inflation shock the Federal Reserve can easily fix.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of ReliaStar Life Insurance Company of New York and ReliaStar Life Insurance Company, collectively known as ReliaStar Life Insurance Group. The outlook of these Credit Ratings is stable. The ratings reflect ReliaStar’ s balance sheet strength, which AM Best…
WASHINGTON— U.S. Treasury Secretary Scott Bessent said Tuesday he was confident that core inflation would continue to go down in the United States despite the Iran war, and repeated his call for the Federal Reserve to cut interest rates. Bessent said he could understand if U.S. central bankers wanted to observe economic developments related to the war before…
Big bills are coming due in Virginia from steep federal cuts in funding for Medicaid and food assistance, as well as higher health insurance costs for state employees, but Democrats in the state Senate and Gov. Hours after Spanberger proposed hundreds of changes to legislation passed by her fellow Democrats, members of the Senate Finance& Appropriations…
Big bills are coming due in Virginia from steep federal cuts in funding for Medicaid and food assistance, as well as higher health insurance costs for state employees, but Senate Democrats and Gov. Hours after Spanberger proposed hundreds of changes to legislation passed by her fellow Democrats, members of the Senate Finance& Appropriations Committee…
RICHMOND- Big bills are coming due in Virginia from steep federal cuts in funding for Medicaid and food assistance, as well as higher health insurance costs for state employees, but Senate Democrats and Gov. Hours after Spanberger proposed hundreds of changes to legislation passed by her fellow Democrats, members of the Senate Finance& Appropriations…
Big bills are coming due in Virginia from steep federal cuts in funding for Medicaid and food assistance, as well as higher health insurance costs for state employees, but Senate Democrats and Gov. Hours after Spanberger proposed hundreds of changes to legislation passed by her fellow Democrats, members of the Senate Finance& Appropriations Committee…
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Ratings of“ bbb+” of Florida Farm Bureau Casualty Insurance Company and its fully reinsured subsidiary, Florida Farm Bureau General Insurance Company, collectively referred to as Florida Farm Bureau Group.
U.S. Attorney Jeanine Pirro sent Justice Department prosecutors to the Federal Reserve headquarters but they were turned away from entering to inspect renovations. The surprise visit occurred on Tuesday when two prosecutors went to the construction site in Washington, D.C., and tried to access the building, The New York Times, The Washington Post and CBS News…
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Pinnacle Life Limited. The outlook of these Credit Ratings is stable. The ratings also factor in a neutral impact from the company’ s ultimate parent, Greenstone Holdco Pty Limited.
—Federal prosecutors investigating Federal Reserve construction project made surprise visit to work site, AP sources say.
—Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation project, according to two people familiar with the visit. Two prosecutors and an investigator from U.S. Attorney Jeanine Pirro’ s office were turned away on Tuesday by a building…
Kevin Warsh's newly submitted financial disclosures show assets of well over $100 million, exceeding all recent Federal Reserve chairs, as his nomination hearing to lead the central bank is expected to take place next week. President Trump's nominee to succeed Federal Reserve Chair Jerome Powell submitted financial filings that show he has holdings of…
New Mountain Capital, LLC, a leading growth-oriented alternative investment firm headquartered in New York, today announced the launch of VictoryRe, a new reinsurance platform, marking the firm’ s entry into the reinsurance carrier market with a long-term vision to build a diversified, multi-line reinsurance platform. In connection with this launch,…
Voya Financial today announced a new collaboration with TELUS Health to integrate their Employee Assistance Program services in conjunction with Group Annual Term Life Insurance offered by Voya. “As mental and emotional well-being continue to play a critical role in employee engagement and productivity, it’ s essential that we work with service providers…
