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COLUMBIA, S.C.– A push to strengthen South Carolina's preparedness for earthquakes moved forward Wednesday as lawmakers advanced a bill that would require insurers to clearly inform homeowners when their policies do not cover earthquake damage. Gil Gatch of Summerville, along with Reps. Wendell Gillard of Charleston, and Michael F. Rivers, Sr., of Beaufort, would…

Here's a question I ask every new client: when was the last time you looked at the beneficiary form on your life insurance? The usual answer is a long pause followed by something like "when I started the job." Missouri courts have been clear on this.

A new report from the Federal Reserve Bank of Minneapolis describes the disruption to hiring and spending across a variety of industries during the federal immigration crackdown in Minnesota. A mention of the immigration enforcement action appeared in almost every section of the Beige Book from the Fed’ s ninth district, which includes Minnesota, Montana…

By Sheldon "Trey" Vice III| LSU Manship School News Service. BATON ROUGE— Louisiana Insurance Commissioner Tim Temple is working with the National Association of Insurance Commissioners to establish a targeted discount rate for homeowners who install a fortified roof. Temple, who generally favors free-market solutions, had been opposed to enforcing…

Legislation targeting a for-profit micro-hospital company looking to expand in Meridian made its way to the Senate floor. The legislation aims to crack down on“ excessive” reimbursement claims Blue Cross says Nutex Health, which added a hospital in Post Falls two years ago— its only one in Idaho— to its network of micro hospitals around the country.

Nationwide Insurance published the results of its 15th annual pet insurance claims survey on Thursday. The company analyzed more than 3.3 million insurance claims submitted for dogs and cats in the U.S. in 2025, finding chronic conditions dominate the top 10 most common reasons for claims. There are numerous pet insurance providers across the U.S., and the…

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Gulf Insurance Limited. The ratings reflect Gulf’ s strongest level of risk-adjusted capitalization, as measured by Best’ s Capital Adequacy Ratio, with offsetting favorable drivers that are partially derived by the company holding a large portion of its…

AM Best has upgraded the Long-Term Issuer Credit Ratings to“ bb+” from“ bb” and affirmed the Financial Strength Rating of B of First Chicago Insurance Company and United Security Insurance Company. The outlook of the Long-Term ICRs has been revised to stable from positive, while the outlook of the FSR is stable. Both companies are domiciled in Bedford Park, IL and are…

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the property/casualty insurance subsidiaries of Cincinnati Financial Corporation and The Cincinnati Life Insurance Company. All companies except The Cincinnati Specialty Underwriters Insurance Company are domiciled in Fairfield, OH.

Mar. 4— Young people at Green Hill School and Echo Glen Children's Center are now eligible for health care insurance 90 days before their release and will have support to set up medical appointments and obtain medications through the Medicaid Transformation Project Reentry Initiative, a news release from the Washington state Health Care Authority stated.

The Federal Reserve Board of Governors’ order that ended Thursday was tied to its 2018 enforcement action against Wells Fargo, the board said. Over a 14- year period from 2012 to 2016, hundreds of thousands of Wells Fargo’ s Community Bank employees opened millions of unauthorized or fraudulent accounts and other financial products to meet excessive sales…

AM Best to host a briefing that will look at the U.S. health insurance segment’ s response to negative market pressures from higher utilization, medical and pharmacy costs, increased morbidity and regulatory challenges on April 7, 2026, at 2 p.m. EDT. Panelists include AM Best Senior Director Sally Rosen and Director Bridget Maehr; AM Best Senior Associate Editor…

Not long after her husband died in 2004, Alice Kempski, a retired nurse in her early 60 s, bought an insurance policy designed to cover the costs she would incur if and when she needed long-term care in her elder years. Thirteen years and $30,000 in premiums later, hobbled by osteoporosis and in need of help bathing, she filed a claim to cover an enhanced level of care—…

For months now, ongoing contract disputes have prevented Florida Blue members from getting in-network care at Broward County’ s two public hospital systems, Broward Health and Memorial, unless it’ s an emergency situation. That’ s left tens of thousands of people with questions about how to get care and how to get it covered. What qualifies as an emergency?

The average long-term U.S. mortgage rate came off its lowest level in three and a half years this week, as bond yields marched higher following a spike in oil prices due to the war with Iran. Last week’ s average rate marked the first time it dropped below 6% going back to September 2022. They generally follow the trajectory of the 10- year Treasury yield, which lenders…

A combination of higher-than-expected utilization, claims costs, acuity and cost of care across all lines led to the U.S. health insurance segment’ s net income dropping by nearly 20% through three quarters of 2025, as compared with the same prior-year period, according to a new AM Best report. These issues have factored into AM Best’ s continued negative outlook…

Iowa insurance companies expressed stern opposition Tuesday to state lawmakers' proposal for a one-time, short-term increase of a state tax on health insurance companies to generate $123 million in new state revenue to help cover the state's $1 billion budget shortfall. That would boost state revenues by $123.6 million in the next budget year, according to…