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AM Best Upgrades Issuer Credit Ratings of W. R. Berkley Corporation and Its Subsidiaries

June 25, 2026

AM Best has upgraded the Long-Term Issuer Ratings to“ a” from“ a-”, all associated Long-Term Issue Ratings and indicative Long-Term IRs for securities issued by W. R. Berkley Corporation. At the same time, AM Best has upgraded the Long-Term ICR to“ aa” from“ aa-” and affirmed the Financial Strength Rating of A+ of Berkley Insurance Company and its reinsured subsidiaries and…

Blue Cross and Blue Shield Association Trademark Application for “BLUE MEANS GO” Filed: Blue Cross and Blue Shield Association

June 25, 2026

2026 JUN 25– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ BLUE MEANS GO” by Stacey J. Watson Markery Law LLC, representing Blue Cross and Blue Shield Association. The registrar information for this application is: Stacey J….

New Critical Illness Findings from Zhongnan University of Economics & Law Described (Supplementary Health Insurance and Income: Evidence From Critical Illness Insurance In China): Disease Attributes – Critical Illness

June 25, 2026

According to news originating from Wuhan, People’ s Republic of China, by NewsRx correspondents, research stated,“ This paper investigates how the implementation of public supplementary health insurance affects economic well-being in China. Funders for this research include National Natural Science Foundation of China, National Office of Philosophy and…

Investigators from Pennsylvania State University (Penn State) Have Reported New Data on Climate Change (Operationalizing Vulnerability and Resilience Interdependencies In Drought Risk Management): Climate Change

June 25, 2026

2026 JUN 25– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Climate Change have been published. Financial supporters for this research include Fundacao de Amparo a Pesquisa do Estado de Sao Paulo, National Science Foundation, Engineering& Physical Sciences Research Council. The news correspondents obtained a quote…

Study Results from Vanderbilt University Medical Center Provide New Insights into Cancer (Oncology Organization and Oncologist Networks Under Medicare Advantage Plans): Cancer

June 25, 2026

2026 JUN 25– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in Cancer. According to news reporting originating in Nashville, Tennessee, by NewsRx journalists, research stated,“ More than half of Medicare beneficiaries are now enrolled in Medicare Advantage plans. The news reporters obtained a quote from the research…

Doctor and others accused of $6.5 billion in fraud in South Florida and elsewhere

June 25, 2026

A Texas doctor accused of rubber-stamping cardiovascular screening tests performed by a South Florida diagnostic company for college athletes is among 455 healthcare-fraud defendants recently arrested on charges of billing $6.5 billion in false medical claims to public and private insurers, U.S. authorities said Tuesday. According to an indictment,…

Studies from University of Sussex Add New Findings in the Area of Environment and Planning (The Political Economy of Institutionalizing Central Bank Digital Currencies: Disruption, Disintermediation, and Incumbency Within the Bahamas’ Sand …): Global Views – Environment and Planning

June 25, 2026

2026 JUN 25– By a News Reporter-Staff News Editor at Economics Daily Report– New research on Global Views- Environment and Planning is the subject of a report. According to news reporting out of East Sussex, United Kingdom, by NewsRx editors, the research stated,“ While Central Bank Digital Currencies have primarily been developed in Global South contexts to…

NATIONAL HEALTH CARE FRAUD TAKEDOWN RESULTS IN 455 DEFENDANTS CHARGED IN CONNECTION WITH OVER $6.5 BILLION IN ALLEGED FRAUD

June 25, 2026

The following information was released by the U.S. Department of Justice:. Today, United States Attorney Jason A. Reding Quiones for the Southern District of Florida announced criminal charges against 12 defendants in connection with alleged schemes to defraud Medicare, Medicaid, the Federal Employees Health Benefit Program, and private insurers.

CONGRESSMAN VALADAO DEMANDS ANSWERS FROM CALIFORNIA OVER HEALTHCARE TAX HIKE

June 25, 2026

Vince Fong, Jay Obernolte, and members of the California delegation in sending a letter to Governor Gavin Newsom and California State Medicaid Director Tyler Sadwith expressing concerns about the state's revised health care tax, which would raise healthcare costs for millions of Californians already struggling with the rising costs of healthcare.

Hartley man gets probation for insurance fraud

June 25, 2026

PRIMGHAR, Iowa– A Hartley, Iowa, man has been placed on probation after pleading guilty of filing fraudulent insurance documents. Jeremiah Poduska, 34, pleaded guilty June 15 in O'Brien County District Court to fraudulent submission to insurer– fraudulent submission made with intent to defraud insurer. Jeremiah Poduska was charged with submitting a…

How much do state residents need to retire comfortably?

June 25, 2026

What's clear is that most people, even in Connecticut, don't have nearly that much. That's because retirees do not pay into Social Security, put money into a 401 k, commute or buy new office clothing, AARP reports. Nevertheless, although Connecticut is among the wealthiest states, it's doubtful most people have that much saved for retirement, said Eric McAlley,…

HAYES INTRODUCES BILL TO LOWER COSTS FOR TELEHEALTH PATIENTS

June 25, 2026

Today, Congresswoman Jahana Hayes introduced the Fair Telehealth Billing Act of 2026, legislation to lower costs for telehealth patients. "Families throughout Connecticut and across our country continue to struggle to afford the exorbitant cost of health insurance. Modernizing delivery of care must also include streamlining the billing process for…

NEW URGENCY TO ADDRESS ROOT CAUSES OF AFFORDABILITY CRISIS AS HEALTHCARE SPENDING HITS RECORD $5.7T

June 25, 2026

The following information was released by the America's Health Insurance Plans:. New government data shows U.S. healthcare spending reached a record $5.7 trillion in 2025 rising 7.3% in just one year and continuing a trend of healthcare costs growing faster than the broader economy. Experts from the Centers for Medicare and Medicaid Services found that…

AM Best Assigns Credit Ratings to Ilaf Takaful Insurance Company K.S.C. (Closed)

June 25, 2026

AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of“ bbb” to Ilaf Takaful Insurance Company K.S.C.. The outlook assigned to these Credit Ratings is stable. The ratings reflect ILAF Takaful’ s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business…

Average 30-year U.S. mortgage rate rises to 6.49%, little changed from its range the past 6 weeks

June 25, 2026

The average long-term U.S. mortgage rate edged higher this week, staying close to 6.5%, where it’ s been the last six weeks. They generally follow the trajectory of the 10- year Treasury yield, which lenders use as a guide to pricing home loans. Rates have been mostly trending higher since the conflict between the U.S. and Iran began in late February, disrupting the…

MAMDANI ADMINISTRATION TAKES ON SKYROCKETING INSURANCE COSTS WITH FIRST-OF-ITS-KIND CITY-BACKED HOUSING INSURANCE PROGRAM

June 25, 2026

Today, Mayor Zohran Kwame Mamdani and New York City Economic Development Corporation Interim President and CEO Jeanny Pak announced the next step toward launching a first-of-its-kind City-backed housing insurance program, with NYCEDC releasing a Request for Expressions of Interest to help design the initiative. Developed in partnership with the…

Connecticut retirees face high savings hurdles

June 25, 2026

What's clear is that most people, even in Connecticut, don't have nearly that much. That's because retirees do not pay into Social Security, put money into a 401 k, commute or buy new office clothing, AARP reports. Nevertheless, although Connecticut is among the wealthiest states, it's doubtful most people have that much saved for retirement, said Eric McAlley,…

Key inflation gauge jumps to 3-year high in latest sign of affordability challenges

June 25, 2026

Consumer prices rose 4.1% in May from a year earlier, the Commerce Department said Thursday, the largest annual increase since April 2023. Rising prices have caused the inflation-fighters at the Federal Reserve to keep their key rate unchanged this year, a reversal from January when they had penciled in two cuts. Oil and gas prices have fallen substantially…

Privacy4Cars® Launches DisconnectedCar™, the First-Ever Solution to Close Widespread Unaddressed Connected Vehicle Risks

June 25, 2026

New solution helps auto dealers, lenders, insurers, and service providers sever unauthorized vehicle data access and remote control risks, protecting their businesses and customers. ATLANTA, June 25, 2026/ PRNewswire-PRWeb/– Privacy4Cars, the first and only global data privacy-tech company focused on creating privacy, safety, security, and compliance…

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