Apiture, a leading provider of digital banking solutions, today announced that First Fed Bank, a trusted Washington institution since 1923 with $2 billion in assets and a commitment to local impact, has launched the Apiture Digital Banking Platform to enhance the online and mobile banking experience for its business customers. First Fed also implemented the…
Newswires
WASHINGTON- Democratic leaders lashed out Tuesday at a short-term spending bill to avoid a partial government shutdown at the end of the month, warning Republicans they will not support a measure that doesn't address their concerns on the soaring cost of health insurance coverage for millions of Americans. Republicans said that they were providing exactly…
HARRISBURG— Pennsylvania set an enrollment record last year when nearly 500,000 people purchased health insurance through the commonwealth's online marketplace, Pennie, but a surge in costs expected in 2026 jeopardizes their coverage, along with those who may seek insurance through the exchange for the first time. During a press call hosted by Families USA,…
After repeated flood insurance rate hikes, Jefferson Parish residents will soon see an extra 10% discount on the price of their policies, now that the parish has notched the best flood rating in the state, officials announced Wednesday. Residents of unincorporated Jefferson Parish will receive a 35% flood insurance discount under the new Class 3 rating from…
kWh Analytics, the market leader in Climate Insurance, today announced the successful close of a parametric Wind Proxy Hedge risk transfer deal, this time for a 79 MW wind project in Virginia developed by Apex Clean Energy. "Implementation of the Wind Proxy Hedge structure went smoothly, and we are evaluating this product on additional projects," commented a…
The Fed's job can seem like a balancing act. The Federal Reserve on Sept. 17, 2025, cut its target interest rate as it shifts focus from fighting inflation to supporting the choppy labor market. The Fed's decision to begin cutting rates comes as evidence mounts that the U.S. labor market is losing momentum.
More than 168,000 Connecticut residents are projected to lose their health insurance coverage over the next 10 years as a result of President Donald Trump's so-called "Big Beautiful Bill," likely resulting in higher health-care costs for all residents, according to a new study. Signed into law July 4, the legislation is projected to result in at least 10 million…
We'll just come right out and say it: Republicans in Washington, D.C., seem intent on making health insurance more expensive for many Connecticut residents, and we don't want anyone to think it was our idea. We'll still do everything in our power to protect Connecticut health care consumers, but let's acknowledge it: Republicans control the White House and both…
The 224,000 Connecticut residents covered by state-regulated health plans will see double-digit hikes in their premiums next year as insurers price in looming cuts to federal subsidies. The seven companies offering health coverage got approval from the state's Insurance Department for increases averaging 16.8% for individual customers on the Access…
Radian Group Inc. today announced that it has entered into a definitive agreement to acquire Inigo Limited, a highly profitable Lloyd’ s specialty insurer, for $1.7 billion in a primarily all-cash transaction. 1 The transaction will be funded from Radian’ s available liquidity sources and excess capital from its subsidiaries. This strategic acquisition will…
In 1913, Congress gave the Federal Reserve a clear and narrow mission: Safeguard the value of our money and support stable employment. The truth is simple: The Fed, like the U.S. Department of Education, United States Agency for International Development and so many other agencies that have come under attack by President Donald Trump’ s administration, has…
The White House has also floated several members of the Fed's governing board as potential replacements for the current chair, Jerome Powell, when his term ends in May, creating incentives for those officials to push for the deep rate cuts Trump has demanded. Instead, just one official dissented from the Fed's decision to reduce its rate by a quarter-point:…
Rodney POWELL, an independent licensed insurance broker, is offering complimentary educational workshops on Medicare Part D prescription drug coverage for church senior groups across Texas. THE WOODLANDS, Texas, Sept. 18, 2025/ PRNewswire-PRWeb/– Rodney POWELL, an independent licensed insurance broker, is presenting complimentary educational workshops…
The following information was released by the Alliance for Retired Americans:. The move reflects growing concern among Republicans about political backlash if Congress doesn't extend larger tax credits put in place during the covid-19 public health emergency to help consumers pay their premiums. But the fate of that legislation is uncertain, with many…
The Federal Reserve voted to lower interest rates by a quarter percentage point on Wednesday while signaling that it might pursue two additional rate cuts later this year. Weighing inflation, which Fed Chairman Jerome Powell said“ remains slightly elevated,” against a cooling labor market, Powell described the cut as a“ risk management” move to promote…
The following information was released by the Michigan House of Representatives, the Republicans:. Sarah Lightner's plan to put insurance fraudsters in the same league as mobsters and money-launderers won overwhelming approval in the Michigan House today. Michigan residents are tired of paying higher premiums because con artists and scam artists know…
The following information was released by the U.S. House of Representatives Committee on Financial Services:. Today, the Subcommittee on Housing and Insurance, led by Subcommittee Chair Mike Flood, held a hearing examining the functions of the Terrorism Risk Insurance Act of 2002 and how it interacts with both domestic and international terrorism insurance…
ATLANTA Health- care advocates warned Thursday that Georgia residents who have to find their own insurance in the government marketplace should expect significant rate increases next year. Insurance companies are filing rate increase requests with regulators, arguing that federal budget cuts and the end of COVID-19 tax credits are the main drivers, said…
A wave of bills passed by the Michigan House of Representatives will look to stiffen the penalties for insurance fraud. Six bills passed by the Michigan House of Representatives will look to combat insurance fraud. The package as a whole passed the Michigan House by a vote of 102-2, with seven people not voting.
