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After freezing new home insurance policies in California in 2022 and 2023, Allstate and State Farm are seeking a limited return to writing new residential policies. State Farm said it will consider issuing policies to homes that meet the strictest Insurance Institute for Business& Home Safety standards for wildfire safety, Lara’ s office said.

AM Best has assigned a Financial Strength Rating of A++ and a Long-Term Issuer Credit Rating of“ aa+” to Lasso Healthcare Insurance Company. The outlook assigned to these Credit Ratings is stable. The assessment also considers the financial support provided by its parent, HCC Life Insurance Company.

–Nearly 750,000 teachers, state employees, retirees, lawmakers active and retired, and members of higher education on Jan. 1 will have a new healthcare access through the State Health Plan and 12 Atrium Health hospitals in North Carolina. Members of the plan using primary care provided with Atrium Health can continue at no change in cost or benefit.

Higher interest rates tend to make many people antsy. Tracked were 30- year mortgage rates from Freddie Mac, job counts from the Bureau of Labor Statistics, and home prices measured by the Federal Housing Finance Agency. The goal was to see how bosses and house hunters in California and nationwide react when mortgage rates are above 7%.

The following information was released by the America's Health Insurance Plans:. U.S. healthcare spending is expected to surpass $6 trillion this year, a 6 percent increase from last year, as hospital consolidation and robust demand for specialty drugs, particularly expensive GLP-1 weight loss medications, drive up expenditures. A new tool from Yale's Health…

Summit, a leading superregional provider of workers’ compensation insurance services, is pleased to announce the expansion of its coverage into Maryland and Washington, D.C.. Summit-managed carriers, Bridgefield Casualty Insurance Company ®, Bridgefield Employers Insurance Company ®, and Bridgefield Indemnity Insurance Company ®, received…

AM Best has assigned a Financial Strength Rating of A-, a Long-Term Issuer Credit Rating of“ a-” and an India National Scale Rating of aaa.IN to Niva Bupa Health Insurance Company Limited. The outlook assigned to these Credit Ratings is stable. The ratings also incorporate rating enhancement from Niva Bupa’ s parent company, British United Provident Association…

A federal judge sentenced a 49- year-old Omaha woman to five months in prison last Thursday after the woman pleaded guilty in June to fraudulently billing Medicaid and other insurers for medical products meant for patients who never received them. Cassi Wigington also must pay $445,255.37 in restitution, U.S. District Court Judge Robert Rossiter ruled.

–The Federal Reserve raised interest rates a quarter point Wednesday, its first increase in three years, a unanimous move that came despite President Donald Trump's demands for cuts, with officials signaling more increases could follow this year. The increase keeps short-term borrowing costs elevated heading into fall for credit cards and auto loans, and can…

INDIANAPOLIS– Indiana Farm Bureau Insurance is preparing for its summer internship program. Candidates best suited for the program are undergraduates with ties to Indiana, including those attending school in-state as well as Indiana natives enrolled at out-of-state colleges and universities. The roles are hybrid, with interns spending part of their week…

—U.S. stocks are rising Thursday and recovering most of their losses for the week. Falling oil prices and easing pressure from the bond market helped Wall Street reverse many of its moves from the prior day, when the Federal Reserve hiked its main interest rate for the first time in years and suggested more may be ahead as it tries to get the nation’ s high inflation…

Winged Keel Group is excited to announce the addition of Scott Henderson as a Senior Director and Client Relationship Manager. Based in Ohio, Henderson will support Winged Keel’ s continued growth by expanding the firm’ s relationships with financial institutions and advisors across Ohio, Michigan, and Indiana, further strengthening the firm’ s presence in the…

Federal Reserve Chair Kevin Warsh has recently emphasized the importance of bringing inflation back down to its target of 2%. But the Federal Reserve's decision on Sept. 16, 2026, to hike its baseline interest rate also highlighted an increasingly confounding dilemma: It can raise the price of money across the economy, but it can't determine which sectors are…

“Annex is proud to provide a digital solution to agencies for more challenging risks that in many cases they simply had no feasible home for,” said Charlie Sido, Co-Founder of Annex.“ The Zebra’ s technology-first approach to working with consumers mirrors our own philosophy.”. “As environmental risks grow more complex, homeowners need flexible, specialized…

The Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday, taking the federal funds target range to 3.75%-4% and raising the costs of taking on debt for consumers. It's the first rate hike under recently appointed Fed Chair Kevin Warsh and the first since 2023, and it comes as inflation remains stubbornly above the Fed' s…

Jennifer Bryson has joined Alliant Insurance Services as Senior Vice President within its Employee Benefits Group, based in Dallas, Texas. She will work with employers to develop strategic health and welfare solutions while building long-term relationships and connecting clients with the resources needed to address evolving benefits challenges.