World Insurance Associates acquires Clarke Insurance
A challenging moment for New Jersey’s personal auto market The acquisition adds to World’s footprint in a state where personal…
Author: insuracarelife.com
Once-promising AIG insurance venture in China for sale for 15 Cents
A cleanup with real teeth The sale lands amid a broader regulatory reckoning. China’s National Financial Regulatory Administration has scheduled…
Carbon Underwriting lands FTV backing amid MGA consolidation
Vostrizansky, a partner at FTV who led the transaction alongside colleagues Richard Earnshaw and Max Weber, said Carbon’s data-led approach…
Why state reinsurance schemes keep failing
Between 2017 and 2026, reinsurers paid out 95% of the premiums they received from US homeowners’ insurers in claims payments…
JetBlue passenger plane hit by drone on JFK approach
The drone operator, if identified, faces civil FAA penalties of up to $75,000 per violation and potential criminal charges –…
The Doctors Company closes $1.3 billion ProAssurance acquisition
The AMA’s April 2026 Policy Research Perspective report confirmed that medical liability premiums rose for the seventh consecutive year in…
3.1TB of NAIC data dumped on to the dark web
What the dump contains ShinyHunters revised its claims about the dataset on Thursday, saying its earlier account of the contents…
Higginbotham enters South Carolina with Turbeville Insurance deal
Turbeville Insurance Agency was founded in 1991 by William L. “Bill” Turbeville Jr. and serves personal, commercial, life, health and…
Cancer claims and specialty drugs drive stop-loss cost surge: QBE
The annual report, which draws on QBE’s proprietary claims data, found that neoplasms account for 36% of all stop-loss claim…
Strait of Hormuz crisis: Why the biggest opportunity in marine war insurance lies ahead
The Strait of Hormuz has been closed, mined, contested and partially reopened since February. War risk premiums surged from 0.125%…