Latest Insurance news of insurers & global insurance industry. Explore latest insights, trends and breaking insurance market news from Beinsure Media.
Insurance News delivers current updates and outlooks in the insurance industry, section provides timely coverage of significant events, regulatory changes, and market trends that impact insurers and policyholders. It highlights new insurance products, technological advancements, and major mergers or acquisitions within the sector. The focus is on presenting relevant news that affects the insurance landscape, ensuring that readers stay informed about the latest shifts and emerging issues.
If the proposed changes to the Affordable Care Act marketplace move forward, 1.9 million more people could lose health insurance, and nongroup coverage could fall by 2.2 million annually
A group of policyholders affected by wildfires in Los Angeles is calling on Insurance Commissioner Ricardo Lara to act on his statement about a possible investigation
Marsh USA LLC is accusing the outgoing head of its aviation and space practice group of conspiring with Willis Towers Watson executives to woo away a significant portion of its aviation brokers and clients
Iowa Gov. Kim Reynolds signed a new Senate File 573 into law, establishing new regulations for auto glass repair and insurance claims
California Insurance Commissioner Ricardo Lara approved State Farm General Insurance Co.’s request for interim rate increases ranging from 15% to 38%
The U.S. Court issued a split decision in a case involving two sets of insurers objecting to the Boy Scouts of America’s $2.46 bn sexual abuse settlement
The U.K. Financial Conduct Authority (FCA) plans to update insurance regulations to cut outdated or duplicative rules
Insurance broker Gallagher developed a $1 bn industry solution to help airlines avoid grounding their fleets immediately after a hostile nuclear detonation
Swiss Re reported a net income of USD1.3billion and a return on equity (ROE) of 22.4% for the first quarter of 2025
MetLife, in partnership with Aura, has launched a digital safety tool designed to help parents monitor and support their children’s online activity
HUB International, a leading North American insurance brokerage that provides employee benefits, business, and personal insurance products and services, has secured a $1.6 bn minority equity investment
The U.S. Second Circuit Court of Appeals reversed its earlier decision, ruling that arbitration clauses established under the New York Convention
The New York Supreme Court Appellate Division upheld a lower court’s decision confirming that the applicable law in an insurance dispute
The Florida Legislature passed a bill aimed at addressing foster care insurance coverage by limiting liability for subcontractors involved in the system
Aon, a global professional services firm, announced that Amanda Lyons had been appointed CEO of Aon Reinsurance Solutions Limited in Bermuda
MIB, a provider of data-focused services for the life insurance sector, is acquiring Clareto from Munich Re Life US, a subsidiary of Munich Re
MetLife reported a 10% increase in first-quarter net income, reaching $879 mn, supported by a net gain from derivatives and growth in premiums and fees
AXA XL reported a 7% increase in gross written premiums and other revenues in Q1 2025, reaching €21bn. This included a 12% rise in AXA XL Reinsurance premiums
U.S. annuity sales reached $105.4 bn in the first quarter, coming within 1% of the record set in Q1 2024, according to preliminary data from LIMRA
A federal appeals court ruled that a jury should hear a bad-faith lawsuit against Kinsale Insurance Co., which faces accusations of failing to make a timely settlement offer related to a shooting incident
Provisions altering the rules for awarding attorney fees in Florida have been added to legislation originally focused on procedures for phosphate mining litigation
The Louisiana House of Representatives approved several insurance-related bills focused on legal reforms, covering areas such as trial evidence rules and limits on specific types of damage awards
Allstate Corp. reported Q1 2025 net income of $566 mn attributable to common shareholders, a 52.4% decline from the previous year
Hanover Insurance Group Inc. reported first-quarter net income of $128.2 mn, up from $115.5 mn a year earlier
The California Assembly Insurance Committee approved the California Safe Homes Act with a 16-0 vote. The legislation, backed by the insurance industry
