Newswires

Chubb Perú initiated operations in 1998 as Altas Cumbres; in 2007, it was acquired by ACE Group and named ACE Seguros S.A., until 2016, when ACE Limited acquired The Chubb Corporation and rebranded the company. As of December 2024, 66% of the company’ s gross written premium was composed of property/casualty products, with accident and health comprising 28% of…

Partially offsetting these positive rating factors is the competitive market environment in the Dominican Republic. La Colonial is the fifth-largest insurance company in the Dominican Republic, with an 8.5% market share as of May 2025. The company has maintained its leading position in the Dominican Republic despite changing market dynamics, which…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Toyota Motor Insurance Company. The outlook of these Credit Ratings is stable. TMIC’ s neutral business profile benefits from its relationship with its U.S. parent, Toyota Motor Credit Corporation, which is partially offset by its dependence on TMCC and the same…

Washington, D.C. U.S. Senator Ron Wyden today joined his colleagues in publishing a report they commissioned detailing the disastrous impacts of Republican cuts to health care, including allowing the cost of health care coverage to skyrocket and become more unaffordable for millions of working Americans by letting premium tax credits expire this year.

The following information was released by New Hampshire Senator Jeanne Shaheen:. U.S. Senator Jeanne Shaheen, along with U.S. Senate Democratic Leader Chuck Schumer and U.S. Senators Ron Wyden, Tammy Baldwin and Mark Warner, today published the findings from a report they commissioned detailing the disastrous impacts Republican-led cuts to health care,…

Washington, D.C. Today, U.S. Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, gave opening remarks at a nomination hearing for five Trump Administration nominees, including Dr. Stephen Miran, to be a Member of the Board of Governors of the Federal Reserve System. President Trump has conducted a months-long…

The following information was released by the Federal Reserve Bank of Minneapolis:. Federal Reserve Bank of Minneapolis. On October 89, 2025, leaders from across Indian Country, the Federal Reserve System, and beyond will gather to mark the Center for Indian Country Developments tenth anniversary and first decade of economic research and data work.

The following information was released by the Federal Reserve Bank of New York:. Im delighted to be back at the Economic Club of New York. Ill put my Federal Reserve hat back on now and give the standard Fed disclaimer that the views I express today are mine alone and do not necessarily reflect those of the Federal Open Market Committee or others in the Federal…

—The Justice Department has begun examining mortgage fraud allegations against Lisa Cook, the Federal Reserve governor who is challenging a Trump administration effort to remove her from her job in a move she says is designed to erode the central bank's independence. A Justice Department spokesperson declined to comment on the probe, which was earlier…

September is Life Insurance Awareness Month and the perfect time to consider whether you have adequate coverage to protect your loved ones. While no one likes to think about what would happen if they weren't around, doing so is an act of love. Life insurance is fundamentally about protecting your loved ones should something happen to you.

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the primary life insurance subsidiaries of Protective Life Corporation, collectively known as Protective Life. Additionally, AM Best has affirmed the Long-Term ICR of“ a-” and the existing Long-Term Issue Credit Ratings of Protective Life Corporation.

Bill Lee has proclaimed September as Life Insurance Awareness Month in Tennessee. "Life insurance is a critical insurance product, and our entire team fully supports Gov. Lee's proclamation, which should remind all Tennesseans to assess their families' financial needs," said TDCI Commissioner Carter Lawrence. Consumers who need help locating a loved one's…

AM Best has commented that the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Great Midwest Insurance Company, Houston Specialty Insurance Company, Oklahoma Specialty Insurance Company and Imperium Insurance Company are unchanged following the September 2, 2025, announcement that Skyward Specialty Insurance Group, Inc….

U.S. Attorney Kyle G. Bumgarner of the Western District of Kentucky and Special Agent in Charge Miles Davis of the U.S. Department of Agriculture, Office of the Inspector General made the announcement. This case was investigated by the U.S. Department of Agriculture, Office of the Inspector General, and Risk Management Agency, Special Investigations Staff.

An analysis published today by the Insurance Information Institute revealed an estimated $42.8 billion in excess litigation value from motor vehicle tort cases filed between 2014 and 2023 in both federal and state civil courts across the United States. "Triple-I’ s latest research uses data to illustrate that the big business of U.S. law is only getting…

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of Eurasia Insurance Company JSC. Whilst the company has a relatively conservative investment strategy, its asset base remains heavily exposed to the high financial system risk in Kazakhstan.

—Stephen Miran, President Donald Trump’ s pick to join the Federal Reserve Board, said Thursday that he would remain a White House employee even if the Senate confirms him to fill an unexpired term at the central bank. Democrats blasted Miran’ s plan to keep his day job at the White House. Jack Reed, D- R.I., said.“ You are going to be technically an employee of the president of…

—Trump's pick to join the Federal Reserve board says he plans to keep his White House job, blurring lines of independence.

Waterdrop Inc. (NYSE: WDH) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 8.69% on the day to $1.93. Waterdrop Inc., through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People’s […]