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Verisk and Moody's are the first two modeling companies to submit their models to the California Department of Insurance. A Verisk executive explained the functioning of their model and what insurers' options are.

A surge in overall employment added to upward pressure on the 10-year Treasury yield, likely making the industry think twice about its cautious payroll growth.

Craig Phillips worked on early efforts to move the government-sponsored enterprises toward a conservatorship exit during the first Trump administration.

New chairs Nanci Weissgold and Bill Nelson both also sit on the trade association's board of directors.

As the flames continued to spread, banks closed more branches while others donated to relief efforts.

Seen by many as a logical pick for the Federal Reserve's next vice chair for supervision, Gov. Michelle Bowman wants the institution to focus on safety and soundness issues, tailoring and transparency.

Mortgage lenders increased their offerings of adjustable-rate and cash-out refinance loans in December as rates rose, the Mortgage Bankers Association said.

The Federal Housing Administration has released its first non-draft update of guidance on which defects it's most concerned about and what to do about them.

Robin L. Spaulding, CPCU, AIC is a seasoned insurance executive with a deep domain background in property and casualty insurance. As Chief Insurance Officer for CLARA Analytics, she advises clients on operational best practices to fully leverage AI opportunities as they transform their claims operations. Over the course of her career, she has done what she describes as "almost every claims job from claim rep trainee to VP." Robin worked at multiple carriers and TPAs along with a managed care company before becoming Divisional Vice President of Claims at Great American Insurance Company. After devoting many years as a multiline claims professional, she then served as an insurance consultant. Most recently, Ms. Spaulding was the Global Head of Claims for Capgemini's insurance practice in the financial services division. She holds a Bachelor of Science in business administration with a major in marketing from Drake University.

The 30-year fixed rate mortgage continues to close on the 7% mark. With political uncertainty and the U.S. economy remaining strong, it could keep going up.