SPRINGFIELD— With less than three weeks before the Illinois General Assembly "s scheduled adjournment, lawmakers are in a race to finish a multibillion-dollar budget while navigating threats from Washington, a simmering fight over soaring insurance rates, a stadium deal that could decide whether the Bears stay in Illinois and a cascading set of debates over…
Newswires
The Company has rebranded as Pelagos Insurance Capital, effective May 11, 2026 The Company’ s common shares are expected to begin trading under the new name and ticker symbol“ PLGO,” effective May 12, 2026 Pelagos Insurance Capital will report its first quarter 2026 financial results after market close on May 13, 2026 and hold its earnings call on May 14, 2026.
Jerome Powell is finished as Federal Reserve Board chairman, but he has time left in his term, so he is sticking around. In 2008, prior to the advent of "quantitative easing," the M2 supply was $7 trillion… today it is $22.7 trillion. If you have a $100 bill in your wallet, $69 of those dollars were printed in the last 18 years, the other $31 were printed in the century before.
Best’s Market Segment Report: AM Best Maintains Stable Outlook on Italy’s Non-Life Insurance Segment
AM Best has maintained its stable outlook on Italy’s non-life insurance segment and expects gross written premium in the segment to continue on a steady growth trend during 2026 across all lines of business, although at a slower pace than in recent years. Andrea Porta, senior financial analyst and one of the authors of the outlook, said, "Motor continues to…
In Arizona, there were just under 1.8 million recipients of AHCCCS– the Arizona Health Care Cost Containment System, or the state's Medicaid program, as of April 2026. Daniel Derksen, an expert on the Arizona healthcare system. President Donald Trump's One Big Beautiful Bill introduced Medicaid restrictions that look to redefine work and income level…
A growing and highly deceptive scam is impacting families across Minnesota, with criminals impersonating bail bond agents, law enforcement, and court officials in an effort to steal money from unsuspecting victims. AAA Bail Bonds, alongside industry advocate, licensed bail bond agent, and retired private detective Derek Nelson, is urging the public to be…
It's understandable that North Carolina Gov. Josh Stein decided to host a signing ceremony last week that featured a smattering of legislative Republicans when he approved new "compromise" legislation to extend funding for the state's Medicaid health insurance program. After having enjoyed precious few policy wins and endured 16 months of relentless and…
There is a campaign video circulating in our state right now. A candidate for one of the highest offices in the land takes a piece of paper with a corporation's name on it, throws it in the air, and shoots it with a firearm. In December of 2024, the chief executive of a health insurance company was shot dead on a sidewalk in New York City.
The following information was released by the European Central Bank:. Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the Fifth Annual Charles Goodhart Lecture. That was the key message conveyed by Jerome Powell at his final press conference, explicitly referring to the "legal attacks" on the Federal Reserve.
Congresswoman Jennifer McClellan and Congressman Troy A. Carter, Sr. introduced the Medicaid Outreach and Assistance for Communities Act of 2026. Virginia will begin outreach on the Medicaid changes in early June. "Republicans' Big Ugly Law left millions of Americans without clear guidance on how to complete new paperwork and jump through administrative…
I do not like Chief Justice John Roberts. I think his loyalties lie more with defending the entrenched powers of the political Establishment than with defending the Constitution of the United States. Democrats did not want to admit that nationalizing health insurance would increase costs for Americans, and the word "tax" certainly implies that prices will…
KENOSHA— M3 Insurance, an insurance and risk management firm based in Madison, has moved its local office to the Kenosha Innovation Center. M3's new Kenosha office is located at 5522 26th Ave., Suite 202, the company announced last week. M3's Kenosha office was previously located at 5320 Green Bay Road.
The following information was released by the office of Minnesota Sen. Today, U.S. Senators Tina Smith, Dave McCormick, Ruben Gallego, and Thom Tillis introduced the bipartisan Terrorism Risk Insurance Program Reauthorization Act of 2026, whichis essential to economic security bysafeguardingthe availability of terrorism risk coverage.This…
The following information was released by Georgia Senator Reverend Raphael Warnock:. Washington, D.C. Last week, U.S. Senator Reverend Raphael Warnock voted "NO" on the nomination for Federal Reserve Chair nominee Kevin Warsh in the Banking Committee, citing his grave concerns about the independence of the Federal Reserve, which directly impacts inflation and…
This year the firm's Richmond office makes its debut on the list of Greater Richmond's Top Workplaces. Alliant provides insurance solutions that help clients mitigate risk, and Senior Vice President and Virginia Market Leader Bob Kristofak said that every day, employees are focused on providing first-class service to their clientele, which begins with an…
The launches, originally expected this week, have been pushed back as the SEC seeks more information from issuers about product mechanics and disclosures, two people familiar with the matter said. Under SEC rules, ETFs are automatically effective 75 days after filing, unless the SEC steps in. A spokesperson for the SEC, which has taken a more relaxed stance toward…
Since 1863, Davenport& Company has provided a wealth of financial advising services to individuals and institutions, including stock and bond brokerage, investment management, financial planning, public finance and corporate finance. Originally founded as an insurance agency, today the company is an independent, employee-owned firm that serves…
I love my job because… Richmond National Insurance is a specialty property and casualty insurance company that offers insurance to small and mid-size businesses who are unable to secure coverage in the standard insurance market. Jamie Bock, SVP, Chief Human Resources Officer.
In an opinion column last month, legislators representing communities from San Francisco to San Diego are sending the same message: People are being forced to make impossible choices just to stay in their homes. Given the coverage issues across California, more people might be paying attention to the 2026 race for state insurance commissioner.
