On March 17, after much debate in both the house and the senate, S.B. 1028, which establishes both an admitted and a surplus lines commercial ...

*This article is based on an actual consultation. Some details such as age, occupation, and amounts have been edited to ensure individual anonymity. Every time my monthly salary was deposited into my ...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “aa” (Superior) to the $2 billion 6.05% fixed rate surplus notes, due 2056, issued by Teachers ...

AM Best has assigned a Long-Term Issue Credit Rating of “aa-” (Superior) to the recently announced $1.0 billion, 5.95% surplus notes, due 2056, issued by Massachusetts Mutual Life Insurance Company ...

The Republic’s public bodies’ insurer earned a surplus of €52 million last year despite payouts on damage inflicted by Storm Éowyn in January. Member-owned Irish Public Bodies (IPB) Insurance, which ...

Mutual of Omaha Holding Co. has completed its reorganization into a mutual holding company structure after receiving regulatory approval from the state of Nebraska. The restructuring, which took ...

In the coming months, State Farm auto customers may receive a refund through a $5 billion dividend the insurance company is paying out. State Farm Mutual Automobile Insurance Company announced on Feb.

SINGAPORE – Singapore’s unexpectedly large budget surplus of $15.1 billion for 2025 reflects increasing volatility in the global economy, said economists. They added that the Government had ...

The University of Alabama athletics department had a budget surplus of nearly $33 million for the 2024-25 fiscal year that ended last summer, according to documents obtained by AL.com. The budget ...

And the chance of a small surplus adds another wrinkle to UCare’s unlikely shutdown story, which already was surprising given the company’s large size after decades of success in the markets for ...

UK financial services generated a record trade surplus of $127 billion (£95 billion) in 2024 underlining the City’s crucial importance to the overall economy. The total, a 15% rise on 2023, makes the ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...