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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.
Wefox Advances Exit from German Insurance Market
Wefox is proceeding with its planned exit from the German insurance market as part of a strategy to focus on...
Read moreMAPFRE Appoints New Chief Innovation Officer
MAPFRE has appointed Jiménez as the new group chief innovation officer, marking a new phase for MAPFRE Open Innovation. With...
Read moreRelation Insurance Services Acquires H Group Benefits
Relation Insurance Services, a prominent insurance brokerage firm, has acquired the assets of Illinois-based H Group Benefits, Inc., a health...
Read moreJM Glendinning Announces Key Promotions
JM Glendinning has announced several key promotions within its ranks. Edmondson has been elevated to client director at the Blackburn...
Read moreGreat Eastern Reports Tripled Profit for H1 2024
Great Eastern has announced a substantial increase in its profits for the first half of 2024, with a remarkable tripling...
Read moreNTUC Enterprise: Allianz Acquisition to Boost Income Insurance’s Strengths
NTUC Enterprise has stated that Allianz’s acquisition of Income Insurance will significantly enhance its ability to meet long-term policyholder commitments....
Read moreSedgwick Enhances Energy Claims Expertise in APAC Region
Sedgwick, a leading firm in claims management, has unveiled new solutions tailored to meet the demands of loss adjusting and...
Read moreTune Protect Group Appoints New CEO and CFO
Tune Protect Group has announced the appointment of How Kim Lian as Group Chief Executive Officer (GCEO) and Teoh Kek...
Read moreNHI Act to Revamp New Zealand Insurance Sector
New Zealand's insurance industry is poised for major changes with the implementation of the Natural Hazards Insurance (NHI) Act. The...
Read moreCalifornia’s FAIR Plan Reform Aims to Stabilize Insurance Market
California’s FAIR Plan is set for a major update to address ongoing issues in the state’s insurance market. Insurance Commissioner...
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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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