A bipartisan clean continuing resolution to fund the U.S. government faces Senate Democrat opposition, causing a shutdown that disrupts federal services across industries including aviation, agriculture, and veterans affairs. Industry leaders urge prompt passage to restore pay and maintain national security and economic stability.
An insurance company, which has insured several New York hospitals and charities, has filed for bankruptcy and is closing its practice after being overwhelmed by lawsuits related to that state’s Child Victims Act (CVA). Bermuda-based Northeast Insurance Company filed for Chapter 15 bankruptcy protection in New York on Oct. 15, seeking U.S. recognition of its ongoing liquidation process in Bermuda.
September Consumer Price Index rose 0.3%, below forecasts, influencing insurance inflation and risk assessment strategies.
Learn about the 2.8% Social Security COLA increase for 2026 and strategic retirement planning tips including annuities, savings, and asset management to optimize income.
Selective Insurance reports solid Q3 2025 financial results with increased net premiums, higher investment income, expanded commercial lines presence, and shareholder-friendly actions.
BlackRock's Global Insurance Report reveals 67% of insurers plan to use reinsurance sidecars, with a growing focus on private markets and sustainability amid inflation risks.
Kinsale Capital Group reports 24% net income growth in Q3, driven by robust underwriting and a 25% rise in investment income, while keeping catastrophe losses low.
Ballad Health sues UnitedHealth Group over alleged Medicare Advantage care denials, coding practices, and reimbursement disputes impacting rural healthcare and insurance contracts.
Allied Solutions and the American Bankers Association invest in PortX's AI-powered integration platform to drive digital transformation and operational agility across financial institutions.
Marin County woman sentenced to jail and probation for filing false auto insurance hit-and-run claims. Case highlights insurance fraud detection and legal consequences.
