The Latest Breaking News from Insurance

New applications for U.S. unemployment insurance benefits rose 13,000 for the week ending February 4 to a seasonally adjusted 196,000. The previous week’s figure was unrevised at 183,000. The four-week moving average as of February 4 fell to 189,250 from an unrevised 191,750 as of the week ending January 28.

As the military winds down its relief operations, residents in the flood-devastated Fitzroy Valley wonder when support funds will be made available.

Still-elevated inflation and a robust job market will likely keep the Federal Reserve officials on track to raise interest rates in the upcoming months. Amid ongoing market uncertainties, investors could consider adding fundamentally sound stocks, Visa (V), Cigna Corp. (CI), and Molina Healthcare (MOH), to their portfolios for long-term returns.…

Three months on from the double murders, Murdaugh allegedly paid a hitman to shoot him dead so that his son Buster would receive a $10m life insurance windfall