Newswires

The following information was released by the State of Delaware:. Today the Delaware Department of Insurance announced the completion of a follow-up Mental Health Parity and Addiction Equity Act examination of UnitedHealthcare Insurance Company. This investigation also included reviews of complaint and grievance handling, policyholder services,…

—The Federal Reserve is expected to cut its benchmark interest rate Wednesday for the first time in nine months. The federal funds rate, set by the Federal Reserve, is the rate at which banks borrow and lend to one another. The Fed has two goals when it sets the rate: one, to manage prices for goods and services, and two, to encourage full employment.

Markets are firmly in wait-and-see mode as the Federal Reserve concludes its September meeting today, with the outcome expected to shape sentiment across equities, bonds, and currencies into year-end. A 25 basis point rate cut is widely anticipated, but investors will be looking well beyond the headline move. The Expected Decision and Potential Dissents Markets…
The post PRISM Market Report: What Investors Need to Know Ahead of Today’s FOMC Meeting appeared first on PRISM MarketView.

Ethio Re’ s balance sheet strength is underpinned by its risk-adjusted capitalisation, as measured by Best’ s Capital Adequacy Ratio, which was comfortably at the strongest level at fiscal year-end June 2024. An offsetting rating factor is Ethio Re’ s exposure to high levels of economic risk and very high levels of political and financial system risks in…

The Federal Reserve on Wednesday is expected to announce fresh rate cuts in the wake of U.S. President Donald Trump's demands to do so amid ongoing tariff worries and its impact on the American economy. On Monday, Trump's newly appointed member to the Federal Reserve Stephen Miran was confirmed by the GOP- controlled Senate in a 48-47 vote. Powell did not give…

Any pullback at this point in time will more likely than not find buyers underneath willing to get involved, as if the United States continues its tariffs against India, is most certainly going to cause more problems for India that it is the United States. Simply put, the United States does not do that much business with India that would impact its domestic economy.

With the Federal Reserve expected to deliver its first rate cut in nine months, likely 25 basis points, Las Vegas- area mortgage adviser Matt Hennessy explained that, although mortgage rates don "t move in lockstep with Fed decisions, they have been steadily trending lower in the second half of 2025.. Hennessy, a Las Vegas native, has etched out a career of more than 25…

Shelter Insurance has been serving Clinton and the surrounding area for the better part of 40 years under the direction of Jim Gilliam and decades before under AC Caldwell. In the mid-80s, when Gilliam found himself back in North Central Arkansas, he was new to the insurance business and to Clinton. Gilliam, originally from Paragould, studied at Arkansas State…

NEW YORK– A New York judge on Tuesday threw out terrorism charges against Luigi Mangione, rejecting the Manhattan district attorney's theory in a state murder case that the killing of UnitedHealthcare CEO Brian Thompson was "intended to evoke terror." The 27- year-old Ivy League graduate is also facing a parallel federal death penalty prosecution.

CHICAGO: The Border Patrol agent who led the Los Angeles immigration crackdown reached Chicago on Tuesday, potentially signaling a new, more aggressive phase to an enforcement surge announced last week in the third-largest U.S. city. FEDERAL RESERVE: After a late-night vote and last-minute ruling, the Federal Reserve began a key meeting on interest rate…

BOSTON& LONDON—- Berkshire Hathaway Specialty Insurance today announced the launch of Group Personal Accident and Business Travel Insurance in the UK, expanding the company’ s global A&H footprint. It includes real-time risk alerts and traveler tracking, emergency response services from Healix International, and for UK- based employees covered by a Group…

In the years following Hurricanes Ian and Idalia, eight property insurance companies doing business in Florida three local, with a fourth connected to an area company violated state rules on how claims were to be processed and paid. The charges, leveled last week by the Florida Office of Insurance Regulation, ranged from the administrative, such as not…

MONTPELIER- The Treasurer's Office announced that starting in calendar year 2026, the state's retired teachers currently receiving health insurance from Vermont Blue Advantage will be covered by equivalent plans provided by HealthSpring. By moving to HealthSpring, premium rates will only increase 16.2 percent this January. Retiree enrollment will…

—U.S. stocks churned between gains and losses on Wednesday but ultimately remained near their record levels. The swings came after the Federal Reserve cut its main interest rate for the first time this year. That move was no surprise for Wall Street, which was widely expecting it.

The following information was released by the National Association of Mutual Insurance Companies:. Elizabeth Heck, president and CEO of Greater New York Insurance Companies and former chair of the National Association of Mutual Insurance Companies, will testify before Congress on the urgent need to reauthorize the Terrorism Risk Insurance Act.

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…

A suburban Chicago man has been indicted on federal healthcare fraud charges for allegedly submitting more than $17.3 million in fraudulent claims to a private insurer. From 2019 to 2025, Bashir submitted and caused to be submitted false and fraudulent claims from those entities to a private insurer for therapy services that had not actually been provided,…

The following information was released by the Committee on Ways and Means:. Current Supplemental Security Income and Social Security Disability Insurance policies often discourage work for individuals receiving benefits. Beneficiaries, like a witness from Kansas, have to work hand-in-glove with a third party to make sense of the maze of rules and…