News
Canadian life insurance new annualized premium rose 13% year over year to C$508 mn in the first quarter of 2025, according to LIMRA’s Individual Life Insurance Sales Survey. Permanent life insurance ...
Peak Reinsurance has established Peak Reinsurance North America, a new subsidiary based in Bermuda. The company will focus on casualty reinsurance and operate under a Class 3B license. According to ...
The adoption of artificial intelligence and the rise in cyber threats have created new risk exposures for directors and officers, reshaping corporate liability considerations. According to Aon’s ...
The California FAIR Plan paid $2.7 bn after receiving more than 5,000 claims from the Palisades and Eaton fires in Los Angeles in January, resulting in an $800 mn deficit. Almost half of policyholders ...
A tornado with wind speeds reaching 170 mph struck a central Kentucky city in mid-May. This event added to the rising number of severe weather incidents in the state, where secondary perils have led ...
Visits (Traffic & Engagement) – total visits as of June 1, 2025 by SimilarWeb. DR – Domain Rating developed by Ahrefs in 2016, DR is a metric that measures the strength of a website’s backlink profile ...
Chinese insurtech XChange TEC INC to appeal a Nasdaq delisting notice after failing to maintain the required $35 mn minimum market value of listed securities. The company filed the appeal. This move ...
Massachusetts Insurance Commissioner Michael Caljouw denied a proposed 7.1% rate increase from the Workers’ Compensation Rating and Inspection Bureau of Massachusetts. He challenged key parts of the ...
Swiss Re reported strong first-quarter results in both its property & casualty and life & health reinsurance businesses, despite a slight drop in revenue and continued caution in U.S. casualty lines.
Montana is changing how it taxes captive insurance companies. A new law signed by Gov. Greg Gianforte replaces the flat-rate system with a tiered premium tax model and sets minimum yearly taxes.
With risk-adjusted rate changes falling and economic conditions unclear, Lloyd’s is pushing its underwriters to stay focused, especially in the expanding delegated business sector, according to Chief ...
A recent study by CLARA Analytics shows that AI tools can flag possible fraud in property and casualty claims just two weeks after filing, much faster than traditional methods. The research reviewed 2 ...
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