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Insurance is making national headlines in 2023 as major providers retreat from writing new policies in large parts of the country and renewal premium prices skyrocket. Elevated asset valuations, escalating rebuilding costs, and larger and more frequent natural disasters have lowered the insurers’ profitability and are likely to result in sustained premium ...

November's jobs report shows the American labor market is still flourishing with strong employment and wage growth — alongside workers flooding into the labor force. Why it matters: The penultimate payrolls release of 2023 shows that the economy skirted recession fears, underpinned by a strong labor market. • Jobs growth is cooler than earlier this year, ...