(Bloomberg) — The tiny town of Drew, Mississippi, has been left behind by the modern economy. Most businesses along its lone main street are shuttered, so it’s hard to buy a cup of coffee or groceries. Stray dogs zigzag through …
Very few insurance companies showed up this month to talk about the future of the much-debated, 90-year-old Federal Home Loan Bank System, despite the fact that the system lends heavily to many large insurers at low interest rates, for a …
Kentucky’s General Assembly has become the only legislature so far this year to adopt a bill that could give insurers lower rates on commercial loans from the Federal Home Loan Bank system. The Kentucky Senate this week unanimously approved House …
Many in the insurance industry may think of the Federal Home Loan Bank as an agency that facilitates affordable mortgages for homes. The system, founded in the waning days of the Herbert Hoover administration to support community investment, is that. …
