The Latest Breaking News from Insurance

President Joe Biden is confronting a significant challenge as his administration grapples with the fallout from the second- and third-largest bank failures in history

When it was established in 1933, some 4,000 banks had closed in the first few months alone. The FDIC is relying on one of its main tools — deposit insurance — to prevent more banks from failing.

The Biden administration will allow Ukrainians who entered the United States last year at the Mexico border to renew their humanitarian status, giving them continued access to government benefits like health insurance and food stamps.

For those with plenty of liquid assets, knowing how FDIC insurance works can save potential headaches down the line.

Given the antipathy towards Wall Street bailouts in the 2008 crisis, Biden is at pains to stress that ‘no losses’ will be borne by taxpayers

A deadline has been extended allowing people more time to boost their retirement pot.

Polo Works, a commercial insurance service provider, will move 300 of its staff into the Grange business park this summer

If a bailout doesn't cost anything, is it really a bailout?

The US Treasury, Federal Reserve and Federal Deposit Insurance Corporation have unveiled a plan meant to stem any contagion from Silicon Valley Bank's (SVB) failure on Friday. The Federal Reserve will provide an emergency lending facility that will ensure all of the bank's depositors are repaid in full. Elsewhere, the…

Federal regulators said Sunday they would protect all Silicon Valley Bank depositors, including those above the deposit insurance limit.

SVB's collapse has triggered a historic reframing of depression-era deposit insurance.