Florida regulators have extended their supervision of American Mobile Insurance Exchange for another 120 days, marking the sixth extension in two years and signaling that the insurer’s runoff process ...

The Connecticut Supreme Court ruled that when a driver’s auto policy extends bodily injury coverage to a rental car, uninsured motorist coverage must also apply to injured passengers in that vehicle, ...

Odyssey Group, a Fairfax company, has introduced a revised brand identity, bringing Hudson and Newline into closer visual alignment with OdysseyRe and the wider group. The move reflects what the ...

Farmers Insurance plans to expand its agency force over the next year and expects to appoint nearly 1,700 new agency owners. The company said this would rank among the largest one-year expansions in ...

A Texas Department of Insurance investigator and a crime analyst helped identify a Russian national accused of submitting $400 mn in fraudulent Medicare claims. Authorities said Nikolai Buzolin was ...

Economic losses from natural catastrophes in the EU are rising due to increased economic exposure and the growing severity of climate-related disasters. Between 1981 and 2023, NatCat events caused ...

25 CSAA Ins Group 3.62 16.43 4.4 Initial ratings crept up too. AM Best issued 17 in H1, up from 15, mostly in commercial lines. Fewer ratings landed on the Under Review list – 10 compared to 20 last ...

RockRose Risk, a climate-focused insurance brokerage and captive underwriting manager that specializes in wildfire-exposed commercial property insurance in the U.S., raised $9 mn in funding to expand ...

Life insurers’ investment portfolio mix should remain broadly stable, with solid credit quality and core fixed income dominant amid a continued tilt toward private credit and alternative investments, ...

Auto insurance costs are adding to affordability pressures across California, even as rents in the Los Angeles metro area fall to a four-year low and homeownership remains out of reach for many ...

Inclined Technologies, a digital platform that simplifies access to the living benefits of whole life insurance, has closed an $8mn Series B round. HSCM Ventures led the investment, joined by ...

Fitch Ratings expects the withdrawal of hull war-risk marine insurance in the Persian Gulf to carry negative credit implications for U.S. property and casualty insurers with heavy reliance on Gulf ...