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Insurance news provides updates on industry trends, regulations, and innovations. It covers topics such as new insurance products, market developments, and insights into risk management, offering valuable information for policyholders and industry professionals alike.
Delhi High Court Dismisses Subramanian Swamy’s PIL Against Axis Bank
On August 12, the Delhi High Court dismissed a public interest litigation (PIL) filed by Bharatiya Janata Party (BJP) leader...
Read moreIUA Expands Team with New Appointments
The International Underwriting Association (IUA) has welcomed Mantawy and Hepburn to its underwriting and claims department. They will oversee London...
Read moreAllianz Commercial Appoints New Interim CEO
In a recent statement, Allianz Commercial announced that Chris Townsend will assume the role of interim CEO of Allianz Commercial...
Read moreLiberty Company Announces Key New Hires
Liberty Company has appointed Lisa Gaston as Managing Director of its entertainment sector. Gaston, who previously served at Momentous Insurance...
Read moreQBE Sees Net Profits Surge to $802 Million in First Half of 2024
In the first half of 2024, QBE Insurance Group reported a remarkable 100.5% increase in net profits, reaching $802 million....
Read moreKey Insurance Navigates Rising Crash Claims
Key Insurance Limited has reported a notable increase in earnings, reaching $15.8 million for the second quarter ending June 2024....
Read moreHub International Expands with Acquisition of Southern Colorado Insurance
Hub International Ltd. has announced the acquisition of SCIC LLC (Southern Colorado Insurance), a prominent insurance agency based in Colorado...
Read morePhonePe Launches Pre-Approved Term Life Insurance
PhonePe has introduced a new pre-approved term life insurance feature, making coverage accessible to millions of Indians without requiring proof...
Read moreBeazley Hits Record Profit in First Half of the Year
Beazley has reported a record first-half profit of $728.9 million for the period ending June 30, driven by strong premiums...
Read moreWestern Insurers Continue to Cover Russian Oil Shipments Despite Sanctions
Recent data reveals that Western insurers are maintaining coverage for Russian oil shipments, with companies such as West, headquartered in...
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OPTIS: Insurance M&A Falls 10%
As of the end of September 2024, the total number of insurance agency mergers and acquisitions (M&A) has decreased by...
Marsh: US Rates Up 3%
In the third quarter of 2023, commercial insurance rates in the U.S. experienced an overall increase of 3%, with casualty...
Progressive Ends Fire Insurance
Progressive Insurance has announced that it will discontinue offering dwelling fire insurance, commonly known as "landlord insurance," for non-primary residences...
Zurich Insurance Sets New Goals
Zurich Insurance Group AG has announced ambitious new targets for profitability and growth over the next three years, driven by...
4th Circuit: No Crypto Coverage
A recent ruling by the Fourth Circuit Court of Appeals has clarified that homeowners insurance policies do not cover the...
Safeco Buys Main Street
Liberty Mutual’s Safeco Insurance has announced a significant agreement to acquire the personal lines business of Main Street America, marking...
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