For the second quarter ended June 30, 2026, iA Financial Group recorded core earnings† of $330 million and core diluted earnings per common share†† of $3.68, which is 5% higher than the same period in 2025, when insurance experience was very favourable. “Our diversified business model continued to demonstrate its strength in the second quarter, as broad-based…
Newswires
The legislation, which took years to pass, hit on a theme Democrats who control the General Assembly have been trying to persuade voters this election year is a top priority: passing bills that make goods and services more affordable for Illinoisans. In Illinois, the company said it paid out $1.26 in claims for every $1 in premiums collected from homeowners in…
Assurant, Inc., a global company that redefines the boundaries of protection– safeguarding and servicing connected devices, homes, automobiles, and commercial equipment in partnership with the world’ s leading brands, today announced results for the second quarter ended June 30, 2026. "Assurant delivered another quarter of record earnings, reinforcing our…
Equitable Holdings, Inc. today announced financial results for the second quarter ended June 30, 2026. Our businesses delivered healthy organic growth, highlighted by $1.7 billion of net inflows in Retirement, $2.0 billion of advisory net inflows in Wealth Management and $0.8 billion of net inflows for AllianceBernstein. As of June 30, 2026, total AUM/A…
American Integrity Insurance Group, Inc., a Tampa- based property and casualty insurance holding company and one of Florida’ s leading providers of residential property insurance, announced that Senior Vice President of Risk Management Ryan Hodges received the Excellence in Risk Management Award in the Insurance Carriers category as part of…
BRITT, Iowa— Republican gubernatorial candidate Zach Lahn defended his Medicaid stance Saturday at the Hancock County Fair in Britt, expressing a need to continue Gov. Lahn said delivering healthcare through the private sector with government oversight is "bipartisan," saying 42 states including Iowa use managed care organizations, including many…
The following information was released by Maryland Senator Chris Van Hollen:. Senator Chirs Van Hollen joined Senator Elizabeth Warren, Representative Ayanna Pressley, and 17 other members of Congress in a set of letters to USAA, State Farm, Progressive, Liberty Mutual, Farmers, and Allstate requesting information on the usage of credit-based insurance…
The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs:. Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, and Representative Ayanna Pressley led 18 other members of Congress in a set of letters to USAA, State Farm, Progressive, Liberty Mutual, Farmers, and…
Washington property insurers are acting as financial first responders to help their impacted customers recover from the wildfires devastating the Spokane metropolitan area, according to the Insurance Information Institute. This includes providing immediate relief through additional living expenses coverage for displaced policyholders.
Treasury and HM Treasury were joined by representatives from the Bank of England, Financial Conduct Authority, Board of Governors of the Federal Reserve System, Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and the Securities and Exchange Commission. The Working Group meeting…
Like the House's version, the Senate's 983- page Agricultural Act of 2026 renews and enhances crop insurance and price support, disaster assistance, risk management programs, operation and marketing loans, and federal agricultural research. Unlike the House edition, the Senate's authorizes year-round sales of E15 gasoline nationwide and delays the "One Big…
The Oregon Division of Financial Regulation announced last week that it had reviewed recent rate hike proposals from major health insurance companies and decided on an average 16% increase in costs to individual consumers on the Oregon Health Insurance Marketplace. Insurance companies such as Moda Health Plan and BridgeSpan Health Company, which are…
Federato, the AI-native platform for the full policy lifecycle, today launched Federato Claims, an end-to-end claims management system built on the same foundation as underwriting, policy administration, and billing. It captures coverage decisions, reserve movement, and claim reasoning as structured signals and feeds them back into underwriting, pricing,…
A whistleblower lawsuit accusing Norfolk- based Sentara Health of exploiting its monopoly to saddle Charlottesville with the nation's highest Affordable Care Act premiums was dismissed Friday as a federal judge ruled that courts cannot second- guess insurance rates approved by state regulators. It drew an all-star legal team led by Rick Mountcastle, the…
Industry veterans in Republican runoff for insurance commissioner
Longtime insurance professionals from Owasso and Inola will face off in the Aug. 25 runoff election as Republican candidates for state insurance commissioner. Between them, Marty Quinn and Bob Sullivan have more than six decades of experience in the insurance industry. In their campaigns, both have said they would put Oklahomans and lowering insurance costs…
After months of deliberation, Virginia lawmakers finalized budget negotiations shaped by two overlapping challenges: generating revenue to invest in our communities and responding to the damage caused by President Donald Trump's H.R. 1. The federal budget bill is already kicking people off their health insurance, increasing costs for Virginia, and…
In her 58th lawsuit brought against the Trump administration in this second term, Vermont Attorney General Charity Clark last week joined a coalition of 19 other attorneys general in filing a lawsuit challenging a new federal rule that illegally undermines the Affordable Care Act and will make health insurance more expensive and harder to obtain.
Relation Insurance Services announced today their acquisition of the assets of Gary McKeighan Insurance Agency, Inc.. Located in Fresno, California, Gary McKeighan Insurance has deep expertise in the state’ s agricultural industry. Relation Insurance Services is actively seeking partnerships to expand its offerings, industry expertise, and geographic…
The audit by Comptroller Thomas DiNapoli examined 275 laboratory procedures with lifetime limits set by the state's Department of Health, including many pertaining to genetic tests that "typically shouldn't be needed more than once." Auditors uncovered 91,718 claims totaling $19.6 million in Medicaid payments filed between June 2019 and December 2025…
