Nearly 70 House Republicans sent a letter to congressional leaders urging them to include the repeal of the Affordable Care Act
Enstar Group Ltd. is said to be the frontrunner to reinsure-to-close Novae Group Plc's $1.1 billion legacy book
The existing claims for the now-insolvent
Catastrophe modeling firm AIR Worldwide estimates global insured average annual losses of $78.7 billion for 2017. The 1% aggregate exceedance probability insured loss, or the 100-year return period loss, from catastrophes worldwide is nearly $250 billion in 2017, the Verisk Analytics Inc. company said in its 2017 Global Modeled Catastrophe Losses
Desjardins Financial Security Life Assurance Co. will stop new sales of its standalone long-term care
Allstate Corp. entered into an accelerated share repurchase
Auto-Owners Insurance Co. Chairman and CEO Jeff Harrold is retiring effective Dec. 31. Jeffrey Tagsold, the company's president and COO, will succeed Harrold as chairman and CEO on Jan. 1, 2018.
Financial news in other parts of the world
Asia-Pacific: Zurich to buy ANZ's life insurance biz; Taiwan denies forex intervention
Europe: Zurich buying ANZ's life insurance biz; Spain sells 7% stake in Bankia
Middle East & Africa: Iran vows to pop up banks; Fitch downgrades Oman
Latin America: Proposed bankruptcy law to give Brazil banks more power; S&P cuts Colombia
The day ahead
Early morning futures indicators pointed to a mixed opening for the U.S. market.
In Asia, the Hang Seng dropped 0.59% to 28,793.88, while the Nikkei 225 slid 0.32% to 22,866.17.
In Europe, around midday, the FTSE 100 gained 0.16% to 7,465.70 and the Euronext 100 climbed 0.20% to 1,046.20.
On the macro front
The NFIB Small Business Optimism Index, the PPI-FD report, the Redbook, and the Treasury budget are due out today.
