As one of the latest examples of consolidation in the industry, the acquisition is notable in that it aims to preserve the availability of lending resources for both parent companies' customers.

After months of speculation, Truist Financial has agreed to sell 20% of its insurance brokerage subsidiary to the private-equity firm Stone Point Capital for $1.95 billion. The deal was touted as a way to provide capital for expansion and increase earnings over time.

Remote job search site FlexJobs compared their database to Comparably's list of "Happiest Employees in 2022", and the results are in.

The difficult showing comes even as the company continues to enact a multiyear strategy meant to streamline the business and increase growth.

Wells Fargo will pay $300 million to settle a lawsuit claiming it improperly charged customers for unneeded auto-collision protection insurance — and hid the practice from investors.

The private mortgage insurer is purchasing Agents National and Boston National from Incenter, which itself is a unit of Finance of America.

Insurance core systems company going private for $19 per share.

Insurance companies are largely poised to maintain or increase their tech investment next year, despite economic headwinds.

American Equity rejected the all-cash offer twice, first on Dec. 12 and again on Tuesday, according to a statement, confirming a Bloomberg News report.

The largest U.S. bank's new digital money coach, embedded in its Chase app, has a referral feature designed to capture more business for wealth managers and contribute to attracting talent.

Between changing public perception and promising preliminary data, it's possible that ketamine, MDMA and psilocybin may be covered for mental health treatments.

Ohio-based workers compensation claims administrator has territory and practices that the global TPA values.

M&A activity in the insurance industry has been on the rise in the last two years and is likely to stay strong through 2022 and beyond.

Insurance brokers are seen as attractive targets for private equity thanks to their asset-light business models and the fragmented nature of the industry.

The US insurer is working with Bank of America Corp. on the possible divestments, which could fetch more than 1 billion euros ($1 billion), according to the people, who asked not to be identified because the discussions are private.

There is no cookie-cutter way to establish an MGA these days.

The North Carolina bank has made 11 insurance-related acquisitions in the last three years, and a top executive forecasts more buying chances as brokerage consolidation continues.

Exclusive Arizent research found that more than 95% of employees think they have something to learn from people who are different from them. But only 66% think that diverse companies make better decisions. We explore the disconnect.

USAA teams up with Humana; Blackstone partners with Resolution Life; and more news.

Inflation is changing the insurance industry with a new focus on telematics and increased insurance shopping for better pricing.