–Illinois Secretary of State Alexi Giannoulias has expanded his campaign to regulate auto insurance rates. During the virtual town hall for Springfield residents last month, Giannoulias said auto insurance rates jumped 18% in Illinois last year. Insurify reported that Illinois car insurance rates dropped 1% in the first half of 2025..
Newswires
2025 NOV 10– By a News Reporter-Staff News Editor at NewsRx COVID-19 Daily– Investigators publish new report on Coronavirus- COVID-19. Journal of Money, Credit and Banking, 2024; 56: 1367-1403. Journal of Money, Credit and Banking can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA.. The news editors report that additional information may be obtained…
Ambac Financial Group, Inc., an insurance holding company, today reported its results for the Third Quarter 2025.. Claude LeBlanc, President and Chief Executive Officer, stated, "Having successfully completed the sale of our legacy financial guarantee business in late September, our sole focus is now on the growth and profitability of our specialty P&C…
AM Best Director Bridget Maehr will speak at the Insurance Accounting& Systems Association’ s Pacific Northwest Fall Conference, which will take place on Nov. 14, 2025, in Seattle. Maehr has been with AM Best since 2005 and is part of analytical teams that evaluate the financial strength and creditworthiness of health insurance and employee benefit companies,…
"Republicans could kill three birds with one stone…. cut $124 B in Medicare fraud, use $30 B to fund a year of HSA's, and the rest to pay down the debt," health care policy expert Mark Merritt writes. Bill Cassidy, R- Louisiana, and Jeff Merkley, D- Oregon, would crack down on those billing abuses by adding new oversight measures, as The Center Square previously reported.
Should I lock that in now or see if there's going to be a rate cut after the Federal Reserve meeting? " Mortgage rates rose above 5 percent in April 2022, exceeding 5 percent for the first time since February 2011, and have remained above 5 percent since then, according to Freddie Mac's 30- year fixed rate mortgage average in the United States. But the Federal Reserve…
A group advocating for fairness in courts is setting its sights on New York with an advertising campaign it hopes will get the attention of lawmakers. Rising living costs and insurance rates are the byproducts of lawsuit abuse, Protecting American Consumers Together says. Its commercial notes New York has the highest auto insurance costs in the country and…
Lloyd Smucker sent a letter to Pennsylvania Insurance Department Commissioner Michael Humphreys requesting full transparency regarding the assumptions and estimates used in the Department's recent analysis of 2026 health insurance rates. The letter specifically references claims made in PID's October 14th press release that overstated the…
The acquisition comes at a critical juncture for the property insurance industry, following the January 2025 Los Angeles wildfires that burned over 57,000 acres, destroyed more than 18,000 structures, and resulted in insured losses exceeding industry expectations. "This acquisition represents a key moment for both companies and the insurance industry at…
The EUR/USD exchange rate pared back some of the losses experienced earlier this month as traders focused on the next actions by the Federal Reserve and the European Central Bank. Federal Reserve and ECB Next Moves. The EUR/USD pair remained on edge as investors focused on the next actions by the Federal Reserve.
The Senate on Monday took important steps to end the federal government shutdown within a few days, as many California Democrats fumed about the crisis-ending deal. In the end, he and many other Democrats said, nothing concrete was done to ease the financial pain that millions are due to endure as health insurance premium subsidies end Dec. 31.
The following information was released by the Federal Reserve Bank of San Francisco:. The U.S. economy has remained remarkably resilient this year, navigating uncertainty, changes in government policy, including tariffs, immigration, deregulation, and taxes, an AI-driven technology surge, and modestly restrictive monetary policy. The Federal Open Market…
The Senate moved to reopen the government after the longest shutdown in history when a group of moderate Democrats effectively threw in the towel and agreed to end the fight without a guaranteed extension of health care subsidies. The deal, which barely squeaked by with the required 60-40 vote margin, does not guarantee the health insurance tax credits will be…
The Institutes Agent& Broker Group, The Council of Insurance Agents& Brokers, through The Institutes Designations, announce the launch of the Professional Employee Benefits Consultant. "Solving for the tremendous challenge we face in bridging the talent gap is going to require creativity, collaboration and leadership from all facets of our industry," said…
Most Americans are aware that the health care system we have in place is not working. Having health insurance tied to employment makes life especially stressful for people with chronic medical needs. Even for those of us fortunate to have stable employment with health insurance coverage, our medical costs continue to climb as our insurance claims continue to…
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of“ bbb” to NPA Insurance Limited. NPAI is a subsidiary of the National Pharmacy Association Limited and its core business relates to insurance products offered to pharmacies across the UK. Although the company is a small player in the UK insurance market and faces strong…
Maine lawmaker urges credit unions and banks to opt into Government Shutdown Loan Guarantee Program to help Portsmouth Naval Shipyard workers.
North Carolina Insurance Commissioner Mike Causey today announced the arrest of Za'kira Zaleaya Price, 23, of 9059 Senca Drive, Wilmington. Special agents with the Department of Insurance's Criminal Investigations Division accuse Price of obtaining $2,341 from Geico Insurance by submitting false medical bills to the insurance company in an automobile…
Federal prosecutors have charged another person in connection with the "parking lot scam" targeting Navy Federal Credit Union customers, marking the latest development in a fraud scheme that has victimized hundreds of people in recent years in the Hampton Roads region. The scheme involves suspects approaching victims near Navy Federal branches, often…
