AM Best, a renowned credit rating agency, has recently revised the outlook to positive for the Long-Term Issuer Credit Ratings (Long-Term ICR) of the National Group. This revision comes as a significant development for the insurance industry, indicating improved financial stre...
In the past hour, the political landscape in Maine has seen a significant shift as Graham Platner, a Democratic candidate for the Senate, has urged Maine state Rep. Valli Geiger to consider running for the Senate seat. While Platner has not officially dropped out of the race,...
Iran is in mourning today as it prepares to lay to rest its Supreme Leader, Ayatollah Ali Khamenei, who was killed on February 28 in the first wave of US-Israeli strikes that sparked the ongoing conflict. The funeral procession, which began in the holy city of Mashhad, will cu...
Intact Financial Corporation, a leading Canadian property and casualty insurer, recently disclosed that its catastrophe and large losses for the second quarter of 2026 were significantly higher than anticipated. The company reported a total of $416 million in losses, surpassin...
In a significant escalation of tensions, the U.S. military announced new strikes against Iran on Wednesday, marking the second consecutive night of fighting and the most severe escalation since talks began to end the war. President Trump also heightened his rhetoric, declaring...
Everest Group, Ltd., a prominent global specialty insurance and reinsurance firm, has recently made a significant executive appointment. Craig Hanrahan has been named as the Global Distribution & Chief Commercial Officer, with his new role set to commence on August 1, 2026. Th...
Maine Democratic Senate candidate Graham Platner has announced the suspension of his campaign following a series of scandals and allegations. Platner, an oyster farmer whose populist platform gained significant traction in Maine, decided to drop out of the race amidst mounting...
In a significant move towards revolutionizing cross-border payments, SWIFT has launched a new blockchain ledger that will host a tokenized bank deposit pilot involving 17 major banks. This initiative aims to facilitate faster and more efficient transactions globally, marking a...
In a surprising turn of events, Democratic candidate Graham Platner has announced his withdrawal from the key U.S. Senate race in Maine following a series of sexual assault allegations. The decision has left the Democratic Party in disarray as they scramble to find a replaceme...
In the midst of the upcoming midterm elections, two key Senate races are causing significant waves within the Democratic Party. In Michigan, the Senate race is seen as a crucial test for Democrats, while in Maine, a recent scandal involving an insurgent candidate has thrown th...
In a heated debate on Tuesday, Michigan Democrats Abdul El-Sayed and Haley Stevens clashed as they vie for the state's Senate seat in the upcoming primary. The debate, which many saw as a battle between moderate and progressive Democrats, highlighted key policy differences and...
In a recent development, a group of Republican lawmakers, spearheaded by Rep. August Pfluger, have issued a stern call to WNBA commissioner Cathy Engelbert to take decisive action to safeguard Indiana Fever star Caitlin Clark from repeated incidents of physical violence. The l...