AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of the operating subsidiaries of MGIC Investment Corporation. The operating ...
About the Author: Hunter Lord, CFP®, is an investment advisor representative with Essential Planning, LLC, in Portsmouth, New Hampshire. Lord started his career as a paraplanner in Brisbane, Australia ...
Net income for the U.S. life/annuity insurance industry increased by 7.1% in the first half of 2024 over the same prior-year period to $14.1 billion, driven largely by lower realized capital losses, ...
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
The half-percent interest rate cut approved by the Federal Reserve Bank this week could accelerate growth plans by Red Rock Resorts, which operates locals casino giant Station Casinos, a Wall Street ...