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Insurance

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It’s a sweetly mild morning here on this day of the summer solstice. Outside the court, staff members of the Architect of the Capitol, who tend to the grounds not only of Congress but the court, ar...
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OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has commented that the Credit Ratings (ratings) of the property/casualty (P/C) members of Erie Insurance Group (Erie) and Erie Family Life Insurance Compa...
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OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating of ...
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Evidence suggests that insurance companies use AI to delay or limit health care that patients need. FatCameraE+ via Getty ImagesOver the past decade, health insurance companies have increasingly em...
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HONG KONG--(BUSINESS WIRE)-- AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Hyundai Marine & Fire Insurance C...
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Miami – Skyrocketing homeowners insurance rates are gripping Florida and beyond, impacting millions of people who are struggling to keep their homes. Premiums have doubled over the past three year...
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Reckless spending has been driving Social Security toward a fiscal cliff. Scheduled benefits will have to be cut by 23 percent in 2033 to keep the program solvent. This is the grim conclusion drawn...
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CINCINNATI--(BUSINESS WIRE)-- Great American Insurance Group’s Property & Inland Marine Division is excited to announce a new strategic relationship with Dyad, a leading provider of connectiv...
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After several years of financial bleeding, America’s auto insurers have finally shifted out of the red—and now they are being forced to pivot just as fast to avoid losing their most valuable custom...
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Florida, Texas and California Top States for Lightning Losses MALVERN, Pa.--(BUSINESS WIRE)-- U.S. insurers paid $1.04 billion in lightning-related homeowners insurance claims in 2024, a 16....
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Nearly six months after a series of devastating wildfires, California’s property insurance crisis is far from stabilized. Many market participants are focused on the next climate-fueled disaster –...
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Precision Driving Center of Minnesota will be offering 55+ Driver Discount courses, including: 12:30-4:30 p.m. July 14 at Owatonna High School, 1455 SE 18th St. at the activities door. 5:30-9:30 ...
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Krispy Kreme Doughnut Corporation has confirmed a significant data security incident affecting thousands of current and former employees, along with their family members, following unauthorized acc...
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~Executive Management Team to Attend Closing Bell Ceremony on June 20, 2025~ TAMPA, Fla.--(BUSINESS WIRE)-- American Integrity Insurance Group (NYSE: AII) (the “Company”, or “American Integrit...
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The evolution of car insurance: From first policy to modern telematics Car insurance didn't always come standard with a set of keys. What started as a niche product in the early days of motoring h...
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Social Security and Medicare are expected to need to cut monthly benefits in less than a decade as the trust funds for both programs are on track to run dry earlier than previously pr...
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A presentation of Carson City School District's 2024-25 Measures of Academic Progress (MAP) as well as possible action on a new food service contract, health and wellness and suicide prevention pol...
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Data breach at Healthcare services company Episource exposes personal and health data of over 5.4 million people in major cyberattack. A cyberattack on healthcare firm Episource led t...
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OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of...
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Swiss Re has identified extreme heat as a significant insurance threat in its latest annual report on emerging risks with the Zurich-based reinsurer noting that up to half a million people globally...
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To the Editor: Turn on any evening newscast and you'll witness the same troubling pattern: another community devastated by flooding in the Southeast, tornado damage across the Midwest, or wildfire...