Insurance News

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa”

Aon reported net income attributable to shareholders of $716 million during the fourth quarter, a 44% increase from the $498 million reported in Q4 2023. For full-year 2024, net income

The transaction is expected to close in 2025 The Allstate Corporation has reached a definitive agreement to sell its group health business to Nationwide for $1.25 billion in cash, subject

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Could insurance fill the gap if FEMA is reformed? Besides waging his ongoing war against illegal immigration, President Donald Trump has also recently criticized the Federal Emergency Management Agency (FEMA)

New proposal aims to enhance transparency Georgia Governor Brian Kemp (pictured) has unveiled a comprehensive tort reform package aimed at bringing more transparency to third-party litigation funding and addressing several

Lawyers representing victims of a deadly Hawaii wildfire reached a last-minute deal averting a trial that was scheduled to begin Wednesday over how to split a $4 billion settlement. The

CDI data reveals significant claims payments as recovery efforts continue The California Department of Insurance (CDI) has released claims payment data showing that insurers have already paid out more than

Solid Q4 results show strong growth across key segments The Hartford has announced its financial results for the fourth quarter and full year ending Dec. 31, 2024. The company reported

It enables smaller investors to access Lloyd’s market via Syndicate 1910 Ariel Re has announced the successful completion of the first fundraising round for its new third-party capital platform, Ariel