Liberty Mutual, Continental push N.C. Supreme Court review on asbestos claims
Liberty Mutual and Continental ask North Carolina Supreme Court to review asbestos workers’ comp ruling they say conflicts with precedent on bellwether cases
Insurance News
Latest Insurance news of insurers & global insurance industry. Explore latest insights, trends and breaking insurance market news from Beinsure Media.
Insurance News delivers current updates and outlooks in the insurance industry, section provides timely coverage of significant events, regulatory changes, and market trends that impact insurers and policyholders. It highlights new insurance products, technological advancements, and major mergers or acquisitions within the sector. The focus is on presenting relevant news that affects the insurance landscape, ensuring that readers stay informed about the latest shifts and emerging issues.
Yuexiu completes full takeover of Hong Kong Life with $130 mn capital boost
Yuexiu Enterprises finalizes Hong Kong Life acquisition, injecting HK$1 bn ($130m) to expand retirement, health, and Greater Bay Area insurance growth
Strategic Limited Partners exits Minnesota after $290k penalty for unlicensed health plans
Strategic Limited Partners must halt insurance business in Minnesota, repay consumers, and pay $290k after selling unauthorized health plans tied to MNsure confusion
Florida Senate Bill 158 pushes stricter pet insurance disclosures & reporting rules
Florida Senate Bill 158 proposes tougher pet insurance disclosures, annual insurer reporting, and new continuing education for agents selling the line
Illinois sues State Farm to force release of nationwide homeowners insurance data
Illinois pushes State Farm to hand over nationwide homeowners data after sharp rate hikes. Regulators say the info is critical for affordability oversight
Florida bill seeks to bar AI-only insurance claim denials, mandate human review
Florida Senate Bill 202 would require insurers to ensure humans make final claim denial decisions, with written affirmations and regulator oversight
New York fines 8 auto insurers $19 mn over cybersecurity violations, data breaches
New York DFS fined eight auto insurers and agencies $19 mn for weak cybersecurity controls that exposed personal data through online quoting systems
UK motor insurer Premier Insurance enters administration, 16,000 policies hit
Premier Insurance Co. placed into administration by Gibraltar regulator, with FSCS stepping in to protect 16,000 UK motor policyholders
US pension risk transfer sales plunge in 2025 as annuities hit records
LIMRA reports PRT premiums fell 64% in Q2 2025 to $4.1bn, while total annuity sales hit a record $226.1bn in the first half of the year
October storms bring $100 mn+ insured losses across U.S. coasts and Alaska
A series of severe storms across the U.S. and Alaska in mid-October could leave insurers with losses in the hundreds of millions, according to Aon’s… Read More »October storms bring $100 mn+ insured losses across U.S. coasts and Alaska
Vienna Insurance Group acquires Nürnberger in €1.38 bn deal with major backer support
VIG launches €120-per-share offer for Nürnberger valued at €1.38bn, with 64% of shareholders pledging support ahead of regulatory review
U.S. District Court upholds CMS calculation of Humana’s 3.5 Medicare Advantage rating
A federal court ruled CMS correctly calculated Humana’s 3.5 Star Rating, rejecting the insurer’s challenge over dropped customer-service test calls
Beat Capital launches 1889 Specialty MGA for U.S. financial institutions
Beat Capital Partners unveils 1889 Specialty Insurance, a new MGA offering management liability and professional lines for U.S. financial institutions
State Farm to expand into Massachusetts homeowners and auto market by 2027
State Farm is preparing to scale up in Massachusetts, where its market share in personal auto and homeowners sits below 0.29%, according to BestWire. The… Read More »State Farm to expand into Massachusetts homeowners and auto market by 2027
Brown & Brown Europe to acquire Pardus Underwriting, expand UK MGA reach
Brown & Brown Europe agrees to acquire Pardus Underwriting, a UK MGA focused on property and commercial insurance, strengthening its London Market presence
Hong Kong names AIA and Prudential Asia as systemically important insurers
HKIA designates AIA and Prudential Asia as domestic systemically important insurers, subjecting them to tighter oversight and annual reviews
Carpe Data and Harbor AI team up to speed E&S underwriting with AI insights
Carpe Data and Harbor partner to give E&S insurers faster, cleaner underwriting workflows with AI-driven signals, pricing recommendations, and renewal monitoring
US workplace insurance premiums rebound in Q2 2025 after early slump
Workplace life and disability insurance rose in Q2 2025, though year-to-date sales stayed below 2024 levels, LIMRA data shows
Salesloft-Drift OAuth breach exposes SaaS supply chain risk for cyber insurers
The Salesloft-Drift OAuth breach hit 700 firms, exposing SaaS supply chain risks that cyber insurers must now treat as systemic portfolio exposures
HealthTec Nava Benefits sequred $30 mn Series C funding, led by Thrive Capital
Nava Benefits, a US-based employee benefits and healthcare technology provider, has unveiled HQ, an AI-powered platform designed to simplify benefits administration for HR teams
Abacus Global acquires AccuQuote to expand digital insurance and wealth services
Abacus Global buys AccuQuote, merging insurance tech with wealth planning to grow revenue, extend digital reach, and serve millions of clients across the US
Tesla Insurance eyes Florida – real-time pricing, employee rates, and a 12-state footprint
Tesla filed an updated Florida auto program effective Dec 2025, runs Safety Score 2.2 with up to ±50% monthly premium swings, and operates across 12 states with in-house insurers
Insured NatCat losses for 9M 2025 exceeded $105 bn – Gallagher Re
Gallagher Re Q3 report shows insured cat losses at $105bn YTD, below average but still sixth straight year over $100bn; warns volatility and unmodeled risks ahead
Fairfax to sell €813 mn Eurolife life stake to Eurobank, keep P&C focus
Fairfax signs term sheet to sell 80% of Eurolife’s life business to Eurobank for €813mn, while retaining P&C stake and acquiring 45% of ERB Asfalistiki
Kansas City Life Insurance $45 mn COI fee settlement consolidates three class actions
A Missouri judge approved consolidation of class suits in Kansas City Life’s $45 mn settlement over alleged overcharges on cost-of-insurance fees
Flood insurance coverage worth $1.3 tn sits on the edge of expiring, marked as the deadline. Congress hasn’t agreed on an extension
Discover how motor vehicle tort cases added $42.8 bn in excess litigation costs in 2014–2024. Triple-I highlights rising case volumes and the impact on insurance costs
Dynamic trends are influencing the size and complexity of claims around the world. Proactive claims management can help organizations recover swiftly after a loss event and manage potential claims exposures.
Geoeconomic fragmentation makes managing global risks like climate, cyber, and pandemic risks more difficult for insurance and reinsurance sectors