A June forecast from the Congressional Budget Office says up to 4.2 mn Americans would walk away from Affordable Care Act health insurance coverage (frequently called “Obamacare”) without the enhanced ...

Westlake Chemical’s long running battle with a slate of major insurers has morphed into one of the most consequential industrial coverage fights in recent memory. On Thursday August 27, 2020, a fire ...

James Chan, director of analytics at AM Best, said insurers in China keep tightening ties with EV makers to grab better data, sharpen underwriting and lift margins. China’s regulator, the National ...

The Illinois House has voted down a contentious insurance regulation bill that would have expanded the state’s power to review and modify filed rates, mandate longer notice periods for premium hikes, ...

Omnix Medical, a Jerusalem biotech working on anti-infective drugs, closed a $25 mn Series C funding round co-led by Harel Insurance & Finance and the European Innovation Council (EIC) Fund. Existing ...

London-based insurtech INSTANDA has closed a $20 mn round, a push that lifts total capital raised to more than $85 mn. CommerzVentures led the deal, adding its weight as a specialist investor focused ...

The cyber insurance market in 2025 is showing two conflicting trends. Large corporates are tougher, with better-prepared systems that cut into the cost of major attacks. Yet, the threat environment is ...

Hannover Life Re of Australasia struck a deal earlier this year to acquire Swiss Re Life & Health Australia’s direct life insurance arm, known as iptiQ. The sale price wasn’t disclosed. For Hannover, ...

Previsico, the UK-based InsurTech specializing in live flood alerts, has closed its Series A funding round, setting the stage for a major expansion push. Investors included Connecticut Innovations, ...

S&P Global Ratings shifted its outlook on Vienna Insurance Group and its reinsurer VIG RE to positive from stable. The agency kept both entities at A+ for insurer financial strength and issuer credit.

The Cayman Islands Monetary Authority cleared 11 new insurance licenses in the third quarter, keeping the island’s reputation as a magnet for captives and international insurers firmly intact.

Global law firm Clyde & Co has added two senior names to its U.S. roster, appointing Jon Ebner and Ronald Ohren as partners in the firm’s Chicago office. The move reflects a broader push to strengthen ...