US insurance commissioners and industry trade groups are backing renewed efforts to dismantle the Federal Insurance Office, reopening a long-running fight over who controls insurance oversight. Troy ...

Definity Financial has completed the acquisition of the personal insurance and most of the commercial insurance operations of The Travelers Companies in Canada for nearly C$3.3 bn in cash. The ...

Alliant Insurance Services has become the latest broker to sue Howden US, accusing the firm of deploying a smash-and-grab strategy to pull teams from competitors and disrupt established client ...

A bill filed in the Florida House of Representatives would revise how the Florida Hurricane Catastrophe Fund sets its industry-aggregated retention and calculates participating insurers’ retention ...

Auto insurers across the U.S. are cutting vehicle insurance rates after a sharp pullback in claims, a reversal few predicted following years of post-pandemic premium hikes. The shift benefits drivers ...

Premier Insurance Co., a Gibraltar-based motor insurer with roughly 16,000 UK policyholders, has been placed into administration by the Gibraltar Financial Services Commission. The UK’s Financial ...

Humbrela, a Swiss ICT startup, picked up €161 k from Venture Kick to push its AI platform further. The company is building tech that pulls together scattered insurance and warranty data so brokers, ...

Michigan’s Department of Insurance and Financial Services (DIFS) claims the state’s 2019 auto no-fault law cut rates and reduced the number of uninsured drivers. The consulting firm Milliman, hired by ...

Swiss Re’s annual SONAR report identifies new or changed risks that are difficult to quantify and could have a major impact on society and industry. By providing early insights into evolving risks, ...

State Farm Insurance Co. is under fire in federal court over claims it denied or canceled policies using what the plaintiffs call “cheat-and-defeat AI algorithms.” The lawsuit, filed in the U.S.

The insurance industry, long perceived as traditional and often bogged down by complex paperwork and delayed claims, is on the cusp of a transformative revolution. This change is being driven by ...

Aon has rolled out Aon Claims Copilot, a single, integrated digital platform built to modernize claims management through analytics, automation, and global consistency. The new tool blends technology ...