The Indiana bank said it struck a $40 million cash deal to sell its insurance brokerage to the Hilb Group. It joined a growing number of lenders announcing such transactions.

These tips from cybersecurity expert Brian Vecci can help keep personal and professional information safe.

Zurich partners with Quantee; Munich Re partners with MAPTYCS and other insurtech news.

Phillips, SVP of Operations, has demonstrated strategic leadership in operations management and acquisitions throughout her insurance career.

Research by ACORD covering 10 years of M&A activity by insurance carriers found that property and casualty deals did best at deriving value, while life insurers saw the most value destruction from mergers.

There were about 39 funding events in the insurtech sector in April, according to a review by Digital Insurance.

The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.

Fortune and Great Place To Work analyzed 1.3 million survey responses, ranking the best companies in the U.S.

There were about 50 funding events in the insurtech sector in March, according to a review by Digital Insurance.

Allianz Global Corporate & Specialty SE (AGCS) to sell its U.S. Fireman's Fund insurance businesses to Arch Insurance for $1.4 billion.

A legal action accuses the department of not automatically refunding mortgage insurance premiums when a borrower terminates their FHA-insured mortgage early.

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.

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.

Travelers, Nationwide and Aon lead a collection of new partnerships and acquisitions that will leverage tech to attract customers.

There were about 30 funding events in the insurtech sector in January, according to a review by Digital Insurance.

The top five P&C insurers globally have an average of more than $70 billion in premiums written.

The top five life insurers globally have an average of more than $578 billion in reserves.

Most of the legal filings accuse the title insurer and its subsidiary, LoanCare, of failing to protect the personal identifiable information of customers.

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.

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.