California lawmakers introduced legislation designed to standardize how insurers handle wildfire smoke damage claims. The proposal follows major fires that contaminated thousands of homes across the ...

California’s property insurance market shows growing strain as insurers retreat from areas once considered moderate wildfire risk. Thousands of homeowners now rely on the California FAIR Plan for ...

Insurance firms enter 2026 under rising operational strain across finance and back-office functions. Settlement cycles stretch longer, data fragmentation deepens, and AI adoption trails stated ...

Active Capital Reinsurance, a Barbados-based reinsurer established in 2007, completed its Global Retrocession Programme as part of strategic initiatives executed at the end of 2025. The placement ...

Farmers Insurance filed a lawsuit accusing a former Oklahoma agent of redirecting customers and policies to competing insurers before leaving the company. The complaint, filed March 11 in the U.S.

Rating pressure for the global insurance sector should stay limited if the Iran conflict remains short and avoids major damage to oil production or shipping infrastructure. Fitch Ratings expects ...

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 ...

London-based insurtech INSTANDA has closed a $20 mn round, a push that lifts total capital raised to more than $85 mn. CommerzVentures led the deal, adding its weight as a specialist investor focused ...

Ancient Financial, a newly formed financial services company focused on life and annuity reinsurance and asset management, has signed a definitive agreement to acquire F&G Life Re from a subsidiary of ...

Pension Insurance Corporation, a UK-based specialist insurer that provides bulk annuity policies to defined benefit pension schemes, has completed a £155 mn buy-in transaction with the trustee of ...

Founded in New York, insurtech WithCoverage, an AI-enabled risk management platform positioning itself as a replacement for traditional insurance brokers for fast-growing companies, has closed a $42 ...

Globe Life said its newly formed subsidiary, Globe Life Re, has been licensed in Bermuda and is now operational, marking the group’s formal entry into offshore reinsurance. The Bermuda-based entity ...