Industry News
Industry News
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A legal action accuses the department of not automatically refunding mortgage insurance premiums when a borrower terminates their FHA-insured mortgage early.
March 14 -
Clyde & Co. insurance industry M&A report shows a drop from 2022 to 2023, but a recent recovery that could power a rebound this year.
March 1 -
The Charlotte, North Carolina, company has agreed to sell its remaining 80% stake in its insurance brokerage unit to raise billions of dollars in cash and extra capital. The "wild card" is how Truist will deploy them, one analyst says.
February 20 -
Travelers, Nationwide and Aon lead a collection of new partnerships and acquisitions that will leverage tech to attract customers.
February 16 -
There were about 30 funding events in the insurtech sector in January, according to a review by Digital Insurance.
February 6 -
The top five P&C insurers globally have an average of more than $70 billion in premiums written.
February 5 -
The top five life insurers globally have an average of more than $578 billion in reserves.
January 16 -
Most of the legal filings accuse the title insurer and its subsidiary, LoanCare, of failing to protect the personal identifiable information of customers.
January 10 -
Banks' sales of insurance agencies for eye-popping multiples emerged as one 2023's notable trends. Though the bandwagon shows no sign of slowing, several prominent community banks appear to be holding on to their insurance operations.
December 29 -
Banks large and small are selling some or all of their insurance subsidiaries, enticed by the high prices they're being offered. Here's a rundown of the deals that were struck in 2023.
December 22