Insured losses from the Los Angeles wildfires now appear likely to fall in a range of $35 billion to $45 billion, analytics firm CoreLogic said Friday. Why it matters: At the high end of the range, ...

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of A and the Long-Term ICR of“ a” of Florida Lawyers Mutual ...

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the life/health insurance subsidiaries of Prudential Financial, Inc., collectively referred ...

The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change. The Fed's membership has been ...

State Farm is giving some California homeowners an option to renew coverage that previously had been cancelled.

Trump's pick for Treasury secretary says letting the 2017 tax expire would unleash a $4 trillion tax hike that could crush the U.S. economy.

From at least May 2019 through December 2023, the broker-dealer firm failed to meet its own anti-laundering policies by not properly verifying new accounts and did not timely close accounts for ...

A bill to lower the price of insulin drugs and supplies for more North Dakotans attracted passionate discussion during a hearing before the House Government and Veteran Affairs Committee. House Bill ...

The price of bitcoin was down about 2% and hovered below $100,000. And then there was the CNN report that President-elect Donald Trump might declare a "national economic emergency" to allow for import ...

Brad Briner inherits a daunting problem as he assumes the job of North Carolina state treasurer this month: the $507 million debt of the State Health Plan, which provides health insurance to 750,000 ...

Homeowners’ insurance rates in North Carolina will increase by an average of about 15% over the next two years under a settlement Insurance Commissioner Mike Causey and the N.C. Rate Bureau announced ...

This story has been updated. Connecticut officials joined advocates and researchers at the Federal Reserve Bank of New York ...