Global Indemnity Group, LLC, announced today that its subsidiary Penn-America Underwriters, LLC has completed the acquisition of Sayata, an AI-enabled digital distribution marketplace and agency operations for commercial insurance. “We are thrilled to welcome Sayata to the GBLI family,” said Saul Fox, Chairman of GBLI.“ Sayata’ s innovative technology and…
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A composite of AM Best- rated U.S. and Bermuda reinsurers continued its trend of favorable underwriting results in 2024 while generating its fourth consecutive year of underwriting profitability, according to a new AM Best report.. AM Best’ s composite of U.S. and Bermuda reinsurers consists of seven reinsurance groups domiciled in either the United States or…
Broadshore Capital Partners, a national real estate investment and advisory firm, announced today that its management team led by Brad Howe, the firm’ s Chief Executive Officer, has acquired the majority ownership interest formerly held by The Guardian Life Insurance Company of America ®, completing a strategic transition to being a fully independent,…
The following information was released by the Colorado Senate Democrats:. DENVER, CO Governor Jared Polis on Thursday signed a bill into law to help blunt health insurance rate increases and significantly reduce the number of Coloradans who could lose their health insurance coverage due to Congress's refusal to extend the enhanced premium tax credits.
The following information was released by the University of Georgia:. If you're under the age of 34, you may be more willing to commit insurance fraud, according to new University of Georgia research. "Many people, especially younger people, have an adversarial relationship with insurance companies," said Brenda Cude, lead author of the study and a professor…
The following information was released by the European Central Bank:. Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Francesco Canepa and Balazs Koranyi on 28 August 2025. Could you give us your assessment of economic developments since your June projections?
Americans who have both young children and aging parents are struggling to stay on track toward retirement and long-term financial goals, according to the 2025 Annual Retirement Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. One in four Americans have a child under 18 and a living parent and…
Marsh McLennan Agency, a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Robins Insurance, a Nashville, Tennessee- based independent insurance agency. Marsh McLennan Agency, a business of…
The media are running endless articles about the dangers of Trump firing a Federal Reserve governor, who certainly appears to have committed mortgage fraud, citing a loss of "Fed independence. It is amazing how ignorant and biased these "news" outlets really are. President Donald Trump's attempt to fire a member of the Federal Reserve's governing board has…
In late September, how benefits from Social Security and the Department of Veterans Affairs are paid out will change for some recipients in response to a March executive order signed by President Donald Trump. That includes any benefits sent out by the Social Security Administration and the Department of Veterans Affairs. If you don't already receive…
Here's everything we know about the large-scale fraud scheme that defrauded one local credit union out of nearly $200,000.
Unless the Trump administration and Republicans in Congress act quickly, millions of working Americans could lose access to their health insurance at the end of this year. But the tax credits these businesses use to offset their health insurance costs are set to expire at the end of December; and neither the Trump White House nor Republicans in Congress are…
Continental General Insurance Company, today announced that it has finalized an agreement to recapture the risk from a block of life and long-term care policies from Munich Re Life US, part of Munich Re Group and a leader in risk assessment and reinsurance. The Company inherited the reinsurance structure in 2018 when it acquired Kanawha Insurance Company…
The regional executive of the Louisville branch of the Federal Reserve Bank of St. Louis visited Madison last Thursday to get a sense of the local economy in Jefferson County. Seema Sheth, who has served in the role since December of 2021, said her role helps to provide information for Federal Reserve Board in making its decisions on interest rates.
Led by a trio of lawmakers who are also medical professionals, House Bill 1828 arrives as Health Secretary Robert F. Kennedy Jr. overhauls the Centers for Disease Control and Prevention amid criticisms that he's replacing independent experts with vaccine skeptics. Kennedy had already fired the entire panel of the Advisory Committee on Immunization…
‘The most vulnerable’: Rural, inner city communities brace for impacts of Trump's Medicaid cuts
Trump's Big Beautiful Bill will cut close to $1 trillion from Medicaid and Children's Health Insurance Program by 2034, according to the Congressional Budget Office. Close to 78.4 million Americans are enrolled in Medicaid and CHIP, 23% of the U.S. population. Medicaid reimbursements accounted for 19% of all U.S. spending at hospitals in 2023.
Amid the challenges of adulthood, one rite of passage is unique to the United States: the need to find your own health insurance by the time you turn 26.. That is the age at which the Affordable Care Act declares that young adults generally must get off their family’ s plan and figure out their coverage themselves. But for years, Republicans have whittled away at the…
"Get Covered Illinois" announced today that the Centers for Medicare and Medicaid Services approved Illinois' transition to a state-based health insurance marketplace. "It was an honor to carry the bill establishing the state-based marketplace while I was a member of the General Assembly, and it is even more of an honor leading the Department to implement it,"…
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.
