A statistical analysis of actual household payments toward Auto Loans and Auto Insurance was used to size the market and amount spent per household across 97% of U.S. zip codes. The 2025 U.S. Auto Loan Market Size and Household Spending Report and the 2025 U.S. Auto Insurance Market Size and Household Spending Report found that U.S. Households with Auto Loan and…
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The following information was released by the Cato Institute:. President Donald Trump's famous line from The Apprentice has been making a comeback since he returned to office in January, but a few days ago, he took it a bit too far by calling for the removal of Federal Reserve governor Lisa Cook. Trump has been hounding the Federal Reserve for months to lower rates,…
—After a late-night vote and last-minute ruling, the Federal Reserve began a key meeting on interest rate policy Tuesday with both a new Trump administration appointee and an official the White House has targeted for removal. Stephen Miran, a top White House economist who was confirmed by the Senate with unusual speed late Monday, was sworn in Tuesday as a member…
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NEXT Insurance, a leading digital insurtech company transforming small business insurance, announced it has earned an A+ Superior rating and an AA Superior long-term rating from AM Best while approaching 750,000 small business customers nationwide. “Achieving an A+ rating from AM Best is a landmark moment for our team and the entrepreneurs we serve,” said…
Insurity’ s 2025 Severe Weather P&C Consumer Pulse survey reveals that speed and responsiveness are what policyholders value most when filing weather-related insurance claims. More than half of respondents, 51%, said that fast response times and quick payouts are the most important factors when dealing with a severe weather claim. “Policyholders are…
—U.S. stocks edged back from their record heights on Tuesday as the countdown ticked toward what Wall Street expects will be the first cut of the year to interest rates by the Federal Reserve. A report on Tuesday said shoppers increased their spending at U.S. retailers by more last month than economists expected. But it could also indicate solid spending by U.S….
Financial institutions are anticipating the U.S Federal Reserve’ s interest rate decision tomorrow and the FOMC Policy Statement. In acknowledgement of the South Africa Springboks supreme performance in New Zealand on Saturday, the USD/ZAR has also delivered rather solid results for the Rand. The USD/ZAR continues to challenge important values not seen…
As of this morning the USD/MXN is near the 18.35000 level depending on the bids and asks filtering through trading platforms, and as large players anticipate tomorrow’ s U.S Fed policy decisions. Large Forex traders are clearly anticipating a Federal Reserve interest rate cut tomorrow. The currency pair is within waters traded in July of 2024 which is an…
Throughout 2025, the Federal Reserve has kept interest rates steady after cutting them by a full percentage point in 2024. Inflation appears to be cooling, the job market is showing signs of softening, and at the August Jackson Hole, Wyoming, conference, Fed Chair Jerome Powell indicated that rate cuts could be on the table in upcoming meetings.
The injunction, which was later granted, barred Cantilo and the Pennsylvania commissioner from offering any rates, riders or policy documents to any Iowa policyholders that had not been previously authorized and approved by the Iowa insurance commissioner. In January 2025, SHIP informed the Iowa insurance commissioner the company had filed a request with…
Stocks are bullish, with the MSCI World Index up, and US markets looking especially bullish as the Federal Reserve is universally expected to start a program of rate cuts in the USA tomorrow with a cut of 0.25%. 2. Gold; and; Silver; are looking very bullish, with Gold rising strongly to reach a new record high at about $3,689 and Silver gaining by even more to make a new…
A New York court of appeals ruled in August that Donald Trump's penalty for multiple counts of fraud violated the Eighth Amendment's prohibition against "excessive fines." In early August, Trump's Department of Labor reported the economy had added 73,000 jobs in July, fewer than the 115,000 predicted, and that additions during the two previous months had been…
Congress will revisit a decision against extending a tax credit that has saved some Virginians thousands of dollars a year for their health insurance, Rep. Rob Wittman, R-1st, said Friday. Expiration of the credit at the end of the year means premiums for Aff ordable Care Act individual and family coverage in Virginia are likely to rise 20.5% next year, health…
Nearly everyone thinks the Federal Reserve will cut interest rates this week. "These lower rates reflect growing market optimism that the Federal Reserve is likely to cut rates at its next meeting on Sept. 17, with further cuts expected through the end of the year," says Samir Dedhia, CEO of One Real Mortgage. An important note: Mortgage rates are dictated not by…
The OIR reported late last month that, beginning Jan. 1, 2026, Florida health plans had been approved for double-digit increases in monthly premiums people pay for the individual policies sold on the federal health insurance exchange. Florida leads the nation in the number of people enrolled in the exchange. A 28- year old adult living in Duval County earning…
In its filing, Progressive noted that the insurer has lowered its Florida car insurance rates twice in the past year due to increased profits and lower claims costs. "Despite these actions, it is possible that our profit for personal auto in Florida for the 2023 to 2025 period will exceed the statutory profit limit… and that we will need to pay any profit above," the…
A New York court of appeals A ruled in August that Donald Trump's penalty for multiple counts of fraud violated the Eighth Amendment's prohibition against "excessive fines." In early August, Trump's Department of Labor reported the economy had added 73,000 jobs in July, fewer than the 115,000 predicted, and that additions during the two previous months had been…
Almost half of homeowners insurance customers in the United States have experienced a premium increase in the past year, the highest rate of insurer-initiated rate raises in more than a decade, according to the J.D. Power 2025 U.S. Home Insurance Study, SM released today. While these increases often reflect real cost pressures, they’ re also eroding trust and…