The U.K. Financial Conduct Authority (FCA) plans to update insurance regulations to cut outdated or duplicative rules. The goal is to reduce costs, support industry growth, and improve access to ...

The U.S. Supreme Court will review whether plaintiffs in a case against State Farm Automobile Insurance Co. must demonstrate actual financial harm rather than relying solely on an insurance code ...

The insurance industry, long perceived as traditional and often bogged down by complex paperwork and delayed claims, is on the cusp of a transformative revolution. This change is being driven by ...

Aegis, a Lloyd’s underwriter, announced it has increased the capacity of its Shield terrorism risk program to $500 mn from $250 mn. This capacity, supported by an Aegis London-led Lloyd’s consortium, ...

Average annual insured losses from catastrophic wildfires in Canada have increased to C$706 mn ($509 mn) over the past decade, compared to an average of C$84 mn in the previous period, according to ...

UK-based insurtech Marshmallow has raised £68 mn through a mix of debt and equity financing, bringing its valuation to £1.5 bn. Portage Capital Solutions participated in the round, along with funds ...

The Missouri Senate has passed a bill allowing the Missouri Farm Bureau to sell health benefit plans that bypass federal consumer protection rules. These plans can exclude coverage for pre-existing ...

The National Association of Insurance Commissioners (NAIC) has outlined its federal priorities for 2025, advocating for the elimination of the U.S. Department of Treasury’s Federal Insurance Office ...

A consortium led by Allianz SE, BlackRock, and Japan’s T&D Holdings will acquire Viridium Group, a German life insurance consolidator, for €3.5bn from private equity firm Cinven. Generali Financial ...

The U.S. life insurance industry saw a 13% increase in pretax operating income in 2024, driven by higher interest rates and strong investment returns, despite a slight decline in interest margins, ...

MetLife expects its group benefits business to expand by 4% to 7% over the next year as employers seek to enhance their offerings for employees, Chief Financial Officer John McCallion said. The group ...

Nirvana Insurance, an AI-driven commercial trucking insurer, raised $80mn in a Series C funding round, bringing its valuation near $850mn. The company has experienced significant growth, surpassing ...