Companies evaluating where to locate or expand often weigh the cost of living for employees, and the disparity in insurance premiums among states influences competitiveness. Chase Gardner of Insurify ...

Reinsurance buyers generally experienced a more competitive reinsurance market at the July 1 renewal compared to recent years, with capacity available even where demand increased, and reinsurers ...

Source: Marsh Specialty and Global Placement In the first quarter of 2025, insurance rates in Asia fell 3%, with property rates also declining 3%. Insurers increased the offering of long-term ...

CatIQ estimated insurance industry losses from the ice storm that struck Ontario and Quebec between March 28 and 31 at C$416 mn. This figure represents CatIQ’s third loss estimate for the event, up ...

Insurance commissioners from across the United States have asked the U.S. Senate to reconsider specific provisions in the reconciliation bill known as the “One Big Beautiful Bill Act.” The bill ...

The United States personal auto insurance industry experienced its best underwriting result in the post-pandemic era with a net combined ratio of 95.3 in 2024, according to Triple-I report. Beinsure ...

S&P has reported that Israel’s government-backed insurance scheme is expected to absorb the majority of losses linked to the ongoing conflict with Iran. The agency currently does not plan to downgrade ...

Louisiana Governor Jeff Landry vetoed Senate Bill 111, a proposed measure intended to limit the number of lawsuits filed against insurance companies by modifying standards for bad faith complaints, ...

Marco Capital Holdings, a European property and casualty run-off group, has acquired R&Q Gamma, a subsidiary of R&Q Insurance Holdings. The transaction is subject to regulatory approval. Financial ...

United Risk Global has finalized its acquisition of Pinnacle Underwriting, an Australian managing general agent specializing in facultative reinsurance, along with its affiliate Pinnacle Holdings ...

Allianz UK will reduce its workforce by 650 positions across its operations in the United Kingdom as it adjusts to increased demand for digital services. The company, which employs about 6,000 people ...

The Internal Revenue Service (IRS) reached a settlement with Bruce Molnar, co-founder and majority owner of Alta Holdings, U.S. Risk Associates Insurance, and Newport Re, for his role in facilitating ...