The following information was released by the Department of the Treasury:. Today, Secretary of the Treasury Scott Bessent met with state insurance commissioners and the National Association of Insurance Commissioners. Secretary Bessent and the state insurance commissioners discussed the U.S. life insurance sector, including recent developments in…
Reinsurance
The article’ s subtitle read:“ Orlando and other Florida cities are either losing domestic migrants or gaining them more slowly, threatening the state’ s economic model.”. Inflation in parts of Florida outpaced the national average over the past decade and home-insurance rates soared. “‘The affordability picture has changed in Florida almost more than anywhere…
Assured Guaranty Ltd. announced today its financial results for the three-month period ended March 31, 2026. “Assured Guaranty began 2026 with a strong first quarter,” said Dominic Frederico, President and CEO.“ In new business production, year-over-year, we doubled first quarter GWP to $70 million and nearly doubled first quarter PVP to $73 million, with…
Neptune Insurance Holdings, Inc., the parent company of Neptune Flood, issued the following statement in response to the FEMA Review Council’ s report to the President regarding the future of the National Flood Insurance Program. Across the United States, over 15 million properties at risk of flooding remain uninsured today. By combining the stability of the…
Everest Group, Ltd., a global underwriting leader providing world-class reinsurance and specialty insurance solutions, today announced the appointment of Lisa Davis as Head of North America, Wholesale& Specialty. “Along with her extensive experience, Lisa brings a combination of underwriting discipline, operational leadership, and strong relationships…
Lincoln Financial today reported financial results for the first quarter ended March 31, 2026. Sustained progress against strategic and financial objectives drove solid first quarter performance. First quarter net loss available to common stockholders was$ million, or$ per diluted share. First quarter adjusted operating income available to common…
Brighthouse Financial, Inc. announced today its financial results for the first quarter ended March 31, 2026. The company reported a net loss available to shareholders of $792 million in the first quarter of 2026, or $13.82 per diluted share, compared with a net loss available to shareholders of $294 million in the first quarter of 2025, or $5.04 per diluted…
Primerica, Inc. reported financial results for the quarter ended March 31, 2026. Net income of $190.1 million increased 12% and net earnings per diluted share of $5.97 increased 18% compared to the prior year period. ISP remains a key driver of growth and reflects the trust clients place in our long‑ term savings solutions,” said Glenn Williams, Chief Executive…
Net loss for the quarter ended March 31, 2026 was $14.3 million, or $0.99 per diluted share, compared to net income of $21.9 million, or $1.48 per diluted share, for the comparable 2025 period. Non-generally accepted accounting principles operating loss, as defined below, for the quarter ended March 31, 2026 was $0.72 per diluted share, compared to non-GAAP…
Ahead of the June primary election, the Southern California News Group compiled a list of questions to pose to the candidates who wish to represent you. Other political positions held: State Senate, State Assembly, Gardena City Council. City where you reside: Gardena.
BIRMINGHAM, Ala,—- ProAssurance Corporation, an industry-leading specialty insurer with extensive expertise in medical professional liability, today reported net income of $8.5 million, or $0.16 per diluted share, and operating income was $12.7 million, or $0.25 per diluted share, for the three months ended March 31, 2026. Operating performance continues to…
Genworth Financial, Inc. today reported results for the quarter ended March 31, 2026. Net income was driven by Enact, which had strong operating performance Net investment income, net of taxes, was $605 million in the quarter, down from $620 million in the prior quarter and up from $584 million in the prior year primarily from changes in limited partnership…
International General Insurance Holdings Ltd. today reported financial results for the first quarter of 2026.. This translates to a 14.3% core operating return on average shareholders’ equity, underscoring the stability and resilience of IGI, notwithstanding impact of war losses in the Middle East. The Company generated net income for the quarters ended…
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 most successful brands, today announced results for the first quarter ended March 31, 2026. We are proud of the long-term outperformance we’ ve driven and more…
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Calix Re Limited. Calix Re is a recently formed Class E licensed Bermuda reinsurance company. The majority of business placed with it initially will be Japan- based fixed term annuities.
A comprehensive legal system abuse campaign, conducted by the Insurance Information Institute in Georgia in 2025, has been recognized with an Honorable Mention designation from the Hermes Creative Awards in two categories: Advertising Campaign and Outdoor/ Out-of-Home Advertising Campaign.. Triple-I recognized the legal system abuse challenges…
Forward Industries (NASDAQ: FWDI) announced a strategic investment in onchain reinsurance company OnRe as part of its $5 million Series A round, alongside plans to deploy up to $25 million into OnRe’s yield-bearing token ONyc on Solana, expanding its treasury strategy into tokenized real-world assets and diversified income streams. To view the full press release, visit https://ccw.fm/pXcZ9 About Forward Industries, Inc. Forward Industries, Inc. (NASDAQ: FWDI) […]
Virginia's innovative reinsurance program for health coverage is reducing the monthly bill for each person covered by an Obamacare policy by nearly $100 a month, according to the State Corporation Commission. By doing this, the SCC projects average monthly bills this year will be $519 for each covered individual, compared with $617 if the program were not in…
H.R. 7567, or the Farm Bill, was led by House Agriculture Committee Chairman Glenn "GT" Thompson. We sincerely appreciate the bipartisan members of the House Agriculture Committee who voted to advance the Farm, Food, and National Security Act of 2026 and continue to stand up for U.S. agriculture. " Crop Insurance and Reinsurance Bureau:.
