Directors & Officers insurance liability delivered its strongest calendar-year loss ratio in more than a decade in 2025, coming in at 50%, even after three consecutive years of declining direct ...
Winter storms swept across a broad stretch of the US over the weekend, delivering heavy snow, ice accumulation, and sustained freezing temperatures. Homeowners, motorists, and businesses now face ...
Willis, a UK-based insurance broker and risk management firm, known for providing corporate insurance brokerage, reinsurance, and human-capital consulting services worldwide, a business of WTW, said ...
Defaqto, UK’s leading provider of financial product ratings, market intelligence, and adviser technology, has agreed to acquire the Market Pricing Business of Pearson Ham Group, a move that materially ...
Connecticut’s reputation follows its lawmakers wherever they go. Rep. Kerry Wood, a Democrat from Rocky Hill and co-chair of the legislature’s Insurance and Real Estate Committee, said colleagues ...
Lawmakers in Mississippi are weighing a bill aimed at cutting financial ties between the insurance industry and candidates for insurance commissioner. The proposal would bar campaign donations from ...
US-based insurtech Insurity, that provides cloud-based core systems and analytics for the property and casualty (P&C) insurance industry, has launched a new Partner Program aimed at tightening ...
State Farm Insurance Co. is under fire in federal court over claims it denied or canceled policies using what the plaintiffs call “cheat-and-defeat AI algorithms.” The lawsuit, filed in the U.S.
The National Association of Insurance Commissioners rolled out its proposed 2026 budget with five fiscal targets that read less like numbers and more like a tech blueprint for regulators. Revenue is ...
The European Insurance and Occupational Pensions Authority (EIOPA) has proposed draft guidelines on artificial intelligence use in insurance. According to Insurance Europe, the guidelines could ...
Stand, an insurtech startup targeting properties most at risk from natural disasters, has closed a $35m Series B round. Eclipse led the financing, with continued backing from Inspired Capital, ...
State Farm faces a federal class-action complaint alleging the company sold life and annuity products tied to PHL Variable Insurance Co. even as PHL’s finances were sliding toward a $2.2bn capital ...
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