Industry News
Industry News
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The consortium of businesses intends to work with state regulators to protect consumers as interest from secondary market investors also grows.
February 14 -
Federal Reserve Chair Jerome Powell said insurance companies and banks are already pulling out of disaster-prone areas, which could pose problems.
February 12 -
The Hartford refreshes its brand and Bosch acquires Roadside Protect, plus more insurtech news.
February 11 -
As a market leader, Rocket Companies rebranding comes in the foreground of several court battles and fluctuating earnings performance.
February 10 -
The main wildfires in California have subsided, but calculating the damages — both financial and emotional — is a challenge for all involved.
February 10 -
There were about 50 funding events in the insurtech sector in January, according to a review by Digital Insurance.
February 10 -
Nationwide announced an agreement to acquire Allstate's employer stop loss segment for $1.25 billion.
January 31 -
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Travelers Institute launches Forces at Work and Zurich's new business units, plus more insurtech news.
January 20 -
Gov. Gavin Newsom modeled his latest order on a similar ban imposed in Hawaii following the 2023 Maui wildfire that aimed to protect community wealth.
January 15 -
Bankers are putting pre-established action plans for disaster recovery into motion as wildfires in Los Angeles sweep across the region.
January 13 -
Sentry Insurance announced the completion of its acquisition of The General from American Family Insurance for $1.7 billion.
January 3 -
Products belonging to Amynta Group's newly acquired Crum & Forster platform included coverage aimed at protecting mortgage loan portfolios from borrower default.
December 31 -
The biggest news this year includes results from state insurance commissioner races, President-elect Donald Trump's return to the White House and more.
December 30 -
Five key trends could affect the insurance industry in 2025.
December 25 -
MetLife Investment Management will pay $800 million for PineBridge, which manages about $100 billion in assets, according to a statement.
December 23 -
Liberty Mutual is working with a financial adviser on the potential disposal, which could help it raise a few hundred million dollars, the people said, asking not to be identified because the deliberations are private.
December 20 -
Allianz SE withdrew an offer to buy a majority stake in Singapore's Income Insurance Ltd. for about $1.6 billion, dealing a blow to its ambitions in a key growth market.
December 16 -
Arthur J. Gallagher & Co agreed to acquire insurance broker AssuredPartners in a $13.45 billion deal, its largest-ever acquisition.
December 9 -
Recap the breach impacting more than 800,000 Liberty Bankers Insurance Group policyholders, spiking collision claims for battery electric vehicles and more.
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