For the average New Yorker an annual car insurance bill is around $4,000, which is a shocking 60% percent higher than the national average. Under New York's "comparative negligence" system, even drivers who are ruled to be mostly at fault in an accident can reap big payouts. The loopholes that invite this fraud make it more expensive for insurers to do business in…
Newswires
A federal judge in Oregon declared that a state law could not require the Keizer- based Oregon Right to Life organization to provide abortion insurance coverage for its employees, handing a seemingly narrow victory to the state's leading anti-abortion advocacy group. Oregon Right to Life sued state insurance regulators in 2023 over a 2017 Oregon law…
2026 APR 16– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ FNB AMERICA” by Jennifer L. Whitelaw WHITELAW LEGAL GROUP, representing F.N.B. Corporation. This application was made available to the public on April 07, 2026.
2026 APR 16– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators discuss new findings in Agriculture- Cover Crops. According to news originating from Urbana, Illinois, by NewsRx correspondents, research stated,“ According to data from the USDA’ s Risk Management Agency, crop insurance indemnities related to precipitation, hurricanes,…
2026 APR 16– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators discuss new findings in Surgery- Arthroplasty. This retrospective cohort study compares Medicare and Preferred Provider Organization/ Health Maintenance Organization patients, assessing differences in clinical characteristics, complications, reoperations, and…
—A man carrying a backpack with an AR-style pistol inside was arrested Thursday after walking into health insurer Aetna' s headquarters in Connecticut, police said. Woonsocket, Rhode Island- based CVS Health, Aetna' s parent company, released a brief statement on the incident and did not immediately respond to follow-up questions. The arrest comes amid concerns…
W. R. Berkley Corporation today announced the appointment of Christopher T. Reichardt as president of Berkley Oil& Gas. Mr. Reichardt has over 20 years of experience in the oil and gas insurance industry, more than 15 years of which was spent at Berkley Oil& Gas. Commenting on the appointment, W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley…
A federal judge in Oregon declared that a state law could not require the Keizer- based Oregon Right to Life organization to provide abortion insurance coverage for its employees, handing a seemingly narrow victory to the state's leading anti-abortion advocacy group. Oregon Right to Life sued state insurance regulators in 2023 over a 2017 Oregon law…
—President Donald Trump's nominee to run the Federal Reserve, Kevin Warsh, is likely to face tough questions about his vast financial holdings at a hearing next week by the Senate Banking Committee. Warsh has large stakes in several investment funds and owns a solo financial advisory firm, Vicarage LLC. Thom Tillis, a North Carolina Republican and member of the…
El Potosí is a Mexico- based insurer underwriting property/casualty, life, and accident and sickness insurance. The company is majority-owned subsidiary of Seguros Atlas, S.A. and operates in a competitive market, with a market share of less than 1% based on gross written premiums in 2025.. In 2025, earnings declined by 9% year-over-year, primarily driven by…
MX” of Momento Seguros, S.A de C.V.. Momento is a Mexico- based insurtech that started operations in July 2023 and was established to offer insurance products, with technological advantages over other traditional companies in its market. It specializes in the motor line of business, with operations concentrated primarily in Mexico City and its metropolitan…
Andy Beshear says the state budget sent to him by the GOP- controlled legislature underfunds Medicaid and fails to meet the needs of Kentuckians and state government in other ways. His comments echoed warnings from Democrats in the Kentucky House of Representatives during debate on House Bill 500, which allocates more than $31 billion in General Fund…
The following information was released by the Federal Reserve Bank of New York:. Remarks at the Federal Home Loan Bank of New York 2026 Member Symposium, New York City As prepared for delivery. And just as astronauts travel through competing gravitational forces to circle the dark side of the moon, the FOMC navigates through uncertainty as it balances the risks…
Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce the acquisition of Benchmark Insurance Group LLC, doing business as Randall Realty& Insurance. “Partnering with Inszone put us about five years ahead of our personal and financial goals; they were exactly the right partner at…
It was always absurd for Oregon to attempt to force Oregon Right to Life, as a pro-life organization, to fund abortion the very practice we are dedicated to opposing,' Oregon Right to Life Executive Director Lois Anderson said. This is a win for Oregon Right to Life, but more than that, it is a victory for all pro-life Oregonians.'. By Oregon Right to Life Staff.
NC Health and Human Services Secretary Dev Sangvai and NC Attorney General Jeff Jackson will appear in front of the NC General Assembly House Select Committee on Oversight and Reform this morning. "Protecting the integrity of NC Medicaid is essential to both safeguarding taxpayer dollars and protecting the life-saving care millions of people depend on in…
The revision of the Long-Term ICR outlook to positive reflects AM Best’ s expectation that Halyk Insurance will continue to develop its ERM capabilities to a level aligned with the company’s evolving risk profile. Halyk Insurance is also expected to further enhance its risk management framework and demonstrate that it is integrated in the company’s…
EAST BRUNSWICK, N.J.& BANGALORE, India—- Wipro Limited, a leading AI-powered technology services and consulting company, announced financial results under International Financial Reporting Standards for the quarter and year ended March 31, 2026. Results for the Quarter ended March 31, 2026:. Results for the Year ended March 31, 2026:.
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb+” of Middle East Insurance Company Plc. The outlook of these Credit Ratings is stable. The holding company assessment stemming from MEICO’ s parent, Middle East Holding Company Plc, is considered neutral, reflecting MEHC’ s very strong level of risk-adjusted…
