Rep. Lloyd Smucker from Pennsylvania isn’t buying the state insurance department’s story about “skyrocketing” Affordable Care Act premiums. In a letter to Insurance Commissioner Michael Humphreys, the ...
ZestyAI said regulators in West Virginia, Georgia, South Dakota, Montana, Oregon, and Utah reviewed and accepted its Severe Convective Storm risk models for use in carrier rate and rule filings. The ...
Lloyd’s Europe plans to roll out a Reinsurance Collateral Deposit starting Jan. 1, 2026 for the 2026 Year of Account and beyond. The move comes after market discussions and backing from the LMA, and ...
Florida lawmakers dropped House Bill 459 into the mix, pushing mandatory mediation for disputed property insurance claims. The pitch looks simple on paper yet loaded in practice, aiming to balance ...
JAB Insurance stepped in with a deal to buy New York based Columbian Mutual Life and its Illinois arm Columbian Life, both still stuck in state rehabilitation. The agreement sits at the centre of the ...
Private equity now controls almost $700bn in life insurance assets, and the firms keep steering insurers into private credit, structured deals, affiliated entities, and offshore restructurings that ...
A high stakes fight over fire damage, soot, cleanup costs, and claims handling at a big Birmingham apartment complex just delivered a major Eighth Circuit ruling. Travelers walked into the case years ...
A June forecast from the Congressional Budget Office says up to 4.2 mn Americans would walk away from Affordable Care Act health insurance coverage (frequently called “Obamacare”) without the enhanced ...
Volt Underwriting just stepped into the ports and terminals class, signing a binder led by Tokio Marine Kiln. The MGA puts an initial $15mn line on the table and plans to build a global book covering ...
A federal judge rejected Geico’s attempt to shut down a lawsuit that says the insurer owes $69.7mn in unpaid business license taxes and penalties to the Municipal Association of South Carolina. The ...
James Chan, director of analytics at AM Best, said insurers in China keep tightening ties with EV makers to grab better data, sharpen underwriting and lift margins. China’s regulator, the National ...
Hiscox Insurance Co. Inc. has been ordered to hand over its claims and underwriting files in a $6.8 mn coverage dispute tied to a string of fraudulent electronic transactions at Dwolla Inc. The United ...
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