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…
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The multistate collection of health insurers under the Blue Cross umbrella started sending payment notices on schedule this month as part of a 2020 settlement to resolve claims that it inflated premiums by limiting competition. The health insurer created a $2.7 billion settlement fund to pay the roughly 6 million Americans who were eligible because they…
WASHINGTON, May 7, 2026/ PRNewswire/— U.S. News& World Report, the global authority in rankings and consumer advice, today recognizes the winners of the 2026-2027 Car Insurance Awards. "Choosing the right auto insurance company is about more than just finding the lowest premium– it's about reliability when it matters most," said Rachael Brennan, U.S. News car…
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…
From the corridors of the United Nations to the boardrooms of global finance and the policy rooms of Nigeria's Central Bank, Moghalu has built a reputation as one of Africa's most influential voices on governance, economic reform, and institutional development. In an era when Africa grapples with the twin challenges of governance deficits and the quest for…
GEICO today celebrated the official opening of its new Tampa campus with a ribbon-cutting ceremony at Corporate Oaks Business Park. GEICO celebrated the official opening of its new Tampa campus, with plans to add a total of 1,500 new jobs. The insurer now has approximately 4,400 employees in Florida, including locations in Tampa, Lakeland and Jacksonville, as…
Kathy Hochul and Democratic legislative leaders have agreed to a tentative $268 billion budget that includes money to bail out New York City, an overhaul of the state's auto insurance industry, and restrictions on police cooperation with ICE, despite threats of a federal crackdown. New York City will receive another $1.5 billion in state aid under the…
The average long-term U.S. mortgage rate rose again this week, reflecting ongoing bond market volatility as surging oil prices due to the war with Iran heighten inflation worries. The average rate on a 30- year home loan echoes the trajectory of U.S. 10- year Treasury bond yields, which lenders use as a guide to pricing home loans. The 10- year Treasury yield was at…
•The city of Olympia has pulled its sponsorship of this year’ s Juneteenth celebration with no clear public explanation, community leaders said at a May 5 City Council meeting. •Bar C’ est L’ eau, a French bistro that opened about a year ago at the Tumwater Craft District, will close after Sunday, May 10. Co-owners Laura Hallett and Chef Joe Rumberger announced the…
The Baldwin Group, a leading independent insurance brokerage and advisory firm, today released its Q1 2026 Market Pulse Report, documenting the sharpest divergence between property and casualty pricing trends since the report was launched in Q4 2024.. Commercial property deepened to its steepest negative reading on record while key casualty lines…
Bipartisan lawmakers in the North Carolina House are backing a bill that would provide equal health insurance coverage for diagnostic and supplemental breast imaging. The bill has passed the House with overwhelming bipartisan support each time, but has never advanced in the state Senate. Depending on the patient's insurance plan, a copay for those…
PROVIDENCE– The state Senate has approved two bills sponsored by Sen. The bills, which now go to the House of Representatives, are aimed at lowering costs for medical supplies that are critical for the many Rhode Islanders living with diabetes, asthma and other chronic conditions, according to a news release. According to the Department of Health, children from…
Fed Chairman Jerome Powell announced last week that he's going to remain on the Federal Reserve Board until 2028 even as he by law surrenders his chairmanship. The announcement came even after President Donald Trump agreed to drop his unwise lawsuit against Powell for funding a $2 billion new Taj Mahal building down the street from the White House.
Everest Group, Ltd., a global underwriting leader providing world-class reinsurance and specialty insurance solutions, today announced the appointment of Lisa Davis as Head of North America, Wholesale& Specialty. “Along with her extensive experience, Lisa brings a combination of underwriting discipline, operational leadership, and strong relationships…
Katie Porter and California state Superintendent of Public Instruction Tony Thurmond have made that promise as well. In reality, Democratic lawmakers in Sacramento have repeatedly rejected the idea, which would replace most private health insurance with a single payer: the state of California. “It’ s like the central issue in Democratic primaries in this…
Lincoln Financial today reported financial results for the first quarter ended March 31, 2026. Sustained progress against strategic and financial objectives drove solid first quarter performance. First quarter net loss available to common stockholders was$ million, or$ per diluted share. First quarter adjusted operating income available to common…
Bankrate’ s 40 years’ worth of consumer finance rate data— the Bankrate Monitor National Index as well as select consumer polling data— is now available through Federal Reserve Economic Data, the online database maintained by the Research Division of the Federal Reserve Bank of St. Louis. "This placement is the next step in Bankrate’s four decades of providing…
WASHINGTON- Federal Reserve officials said on Wednesday the ongoing U.S.- backed war with Iran is raising the risk of a sustained inflation shock, with continued high oil prices and developing concerns about problems with global supply chains. While there was initial concern the war would hurt U.S. job growth and demand while also leading to higher prices, "It has…
Patients could benefit from state change, but ripple effects seen. BOSTON— Patients who are struggling to access primary care or forgoing visits to avoid hefty medical bills could benefit from the state reining in cost-sharing among insurers, a group of health policy experts said Tuesday as they wrestled with potential financial ripple effects.
