Impact

Job Growth Sizzled to Start the Year. Here’s Why It’s Unlikely to Impact Interest Rates

Investment Tips /
Job Growth Sizzled to Start the Year. Here's Why It's Unlikely to Impact Interest Rates

(Image credit: Getty Images) The January jobs report came in much higher than expected, alleviating fears of a sharp slowdown in the labor market. The data also strengthens the case for the Federal Reserve to keep interest rates unchanged for the foreseeable future; certainly through the remainder of Jerome Powell’s term as Fed chair, which […]

Job Growth Sizzled to Start the Year. Here’s Why It’s Unlikely to Impact Interest Rates Read More »

A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch

Life Insurance /
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch

Fitch Ratings said it does not expect autonomous vehicles (AVs) to “have any meaningful impact” on insurers in the next decade. Therefore, impacts to credit ratings will be modest. However, over time, the technology “will indelibly alter” the landscapes of both insurance and legal industries, said Senior Director Gerry Glombicki. “While AVs have moved beyond

A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch Read More »

Impact of Florida Reforms ‘Undeniable,’ Reinsurance Should Drop Again

Auto Insurance /
While One Suit Over Citizens’ DOAH Hearings is Dropped, Drama Builds in Another

Adam Schwebach, broker and head of property for North America at Gallagher Re, the global reinsurance broker, last week sat down for an interview with Insurance Journal. The discussion came on the heels of Gallagher Re’s annual Florida broker summit, which provided some fresh insights into the shape of the reinsurance market and the continued

Impact of Florida Reforms ‘Undeniable,’ Reinsurance Should Drop Again Read More »

Trump Nominates Kevin Warsh to Fed Chair. How Will This Impact Savers?

Personal Finance /
Trump Nominates Kevin Warsh to Fed Chair. How Will This Impact Savers?

President Donald Trump nominated Kevin Warsh, a former Fed governor, to be the next head of the Federal Reserve. Warsh would still need to be confirmed by the US Senate before he takes over for Jerome Powell in May. Warsh previously served on the Federal Reserve Board of Governors from 2006 to 2011, after being

Trump Nominates Kevin Warsh to Fed Chair. How Will This Impact Savers? Read More »

5 Ways Trump Could Impact Your Portfolio This Year

Investment Tips /
President Trump in the Oval Office with charts

(Image credit: Getty Images) As 2026 kicks off, the “Trump 2.0” economic agenda has moved from campaign promises to portfolio realities. Between trade tensions, the sweeping One Big Beautiful Bill Act (OBBBA) and a new regulatory environment, investors are facing a significantly altered landscape from recent years. However, before you overhaul your portfolio like a

5 Ways Trump Could Impact Your Portfolio This Year Read More »

A Key Stat Just Crossed a Major Milestone—And It Could Have a Major Impact on the Housing Market

Real Estate Buying & Selling /
for sale sign

In This Article America’s tipping point for small investors might come not from a sudden drop in interest rates or a deluge of new construction, but from something far simpler: For the first time in many years, more homeowners carry mortgage rates at or above 6% than enjoy 3% loans. It marks a shift that

A Key Stat Just Crossed a Major Milestone—And It Could Have a Major Impact on the Housing Market Read More »

Litigation Funding, Other New Laws in SE States Could Impact Liability Insurance

Life Insurance /
Litigation Funding, Other New Laws in SE States Could Impact Liability Insurance

New laws in Southeastern states took effect this week, impacting several aspects of property and casualty insurance. In Georgia, Senate Bill 69 puts new restrictions on third-party litigation financing, a lawsuit funding practice that has raised growing concerns for insurers. The bill, signed into law in early 2025, now requires financiers to register with the

Litigation Funding, Other New Laws in SE States Could Impact Liability Insurance Read More »

Severity Was Up, But Will Falling Claims Volume Impact the Profession?

Health Insurance /
Severity Was Up, But Will Falling Claims Volume Impact the Profession?

The average claim severity during the third quarter 2025 could turn out to be one of the highest quarterly amounts in recent history, however the quarter will produce the lowest claim volume in five years—continuing a trend of decreased catastrophe events that has had a downstream impact on claims professionals. A new report from Verisk

Severity Was Up, But Will Falling Claims Volume Impact the Profession? Read More »

Apollo Expands Asset-Level Risk Reviews to Reflect Impact of Extreme Weather

Life Insurance /
Apollo Expands Asset-Level Risk Reviews to Reflect Impact of Extreme Weather

Apollo Global Management Inc. is building out its risk review process to reflect the impact on asset valuations of extreme weather. The decision comes amid a rise in the damage done to physical assets by floods, storms and wildfires. Apollo, which has been conducting so-called top-down analyses for such risks since 2023, is now broadening

Apollo Expands Asset-Level Risk Reviews to Reflect Impact of Extreme Weather Read More »