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The Latest Breaking News from Insurance

AIG to partner with specialty insurer Convex and asset manager Onex in $5B deal

The dual investment comes on the heels of AIG’s separate $2 billion acquisition deal with reinsurance company Everest Group.

Fortune

Washington Post’s Adani-LIC story fizzled out in India. That says a lot

Whether the story had substance or not, it is intriguing that there has been little to no follow up in mainstream print media to the Washington Post expose about the Life Insurance Corporation’s investments in Gautam Adani’s companies, allegedly at the behest of the Modi government.

Newslaundry

Many Texans will pay more for ACA health insurance. Here’s what to know about open enrollment.

The federal marketplace’s health insurance premiums will cost more for many people. Enrollment runs Nov. 1 to Jan. 15.

The Texas Tribune

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Insurers calling for trees to be felled as cheap fix for subsidence, say critics

Campaigners say problem so common that some of the UK’s most irreplaceable ancient trees in danger of being lost

The Guardian - UK

From Growth to Grit: The New Economics of Insurance Brokerage

After years of easy growth powered by consolidation and market tailwinds, insurance brokerage is entering a more demanding era.

inkl

Managing General Agent (MGA) Aggregators –The Next Frontier for Investors

Private investment has fueled the consolidation of the global insurance brokerage industry, producing some of the most remarkable value-creation stories in financial services.

inkl

Why Do Police Target Certain Cars Men Drive More Than Others?

When I was younger, I had my fair share of run-ins with the police (mostly due to modifying my car to be a racecar). And it’s true. Police officers do target certain cars more than others. It could be the sporty look of it, how loud it is, or what…

Clever Dude

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DOJ Subpoena to Gender Medicine Telehealth Provider Quashed, but Record Not Sealed

From Judge Jamal Whitehead (W.D. Wash.) in Queerdoc, PLLC v. U.S. Dep't of Justice: On January 20, 2025, President Trump… The post DOJ Subpoena to Gender Medicine Telehealth Provider Quashed, but Record Not Sealed appeared first on Reason.com.

Reason

Why insurer Nationwide is investing $1.5 billion through 2028 on AI and other tech initiatives

The property and casualty insurance company has earmarked $100 million annually for AI, including training to get 90% of Nationwide's employees to use AI every day.

Fortune

Obamacare insurance prices will jump up 26% next year, report predicts

Enhanced subsidies keeping premiums affordable for millions will expire, threatening to more than double what households pay out of pocket

The Guardian - US

Climate change is becoming an insurance crisis

Imagine waking up to find your living room underwater for the second time in five years. You try to claim insurance, only to be told your property is now uninsurable. Premiums have tripled. Your mortgage lender is concerned. And your biggest asset, your home, is rapidly losing value.

The Conversation

Why are 4.7 million Floridians insured through ACA marketplace plans, and what happens if they lose their subsidies?

Significant Figures is a series from The Conversation in which scholars explain an important number in the news.

The Conversation

Centene Rebounds With Strong Q3 Results, Optimistic 2025 Forecast

US healthcare insurance provider Centene Corporation (NYSE:CNC) stock surged on Wednesday after reporting a third-quarter 2025 adjusted earnings of 50 cents, beating the consensus loss of 14 cents per share, down from $1.62 a year ago.

Benzinga

Keir Starmer refuses to say if he stands by pledge not to raise taxes

Conservative leader Kemi Badenoch asked the prime minister on Wednesday whether he stuck by his pledge not to raise income tax, national insurance or VAT

The Independent UK

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The Independent UK

Health insurance open enrollment begins this weekend. Americans face higher prices and less help as shutdown drags on

More than 24 million people enrolled in individual plans for 2025

Benzinga

EXCLUSIVE: Roadzen Targets $200 Million Gross Written Premium After Acquiring Majority Stake In US MGU

Roadzen, Inc. (NASDAQ:RDZN) on Wednesday disclosed that it inked a deal to acquire a majority controlling stake of a licensed commercial auto insurance broker and managing general underwriter (MGU).

Motorsport

Kyle Busch sues insurance firm over $8.5M alleged retirement scheme

They claim Pacific Life and an agent nudged them into a misleading scheme

International Business Times

Sweden's EQT Launches A$5.25 Billion Bid for AUB Group in Broking Sector Shake-Up

Sweden's EQT proposes A$45 per share cash bid for Australia's AUB Group, valuing the insurance broker at A$5.25 billion amid global consolidation in the broking industry.

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The Free Financial Advisor

The “Act of God” Clause Insurance Companies Are Using to Reject Storm Damage Claims

People seek assistance from their insurance providers after severe storms destroy their residential buildings and personal belongings. However, lately, more homeowners are having their claims denied because of a term hidden in their policy: the “Act of God” clause. Storm damage claimants who received a denial after their submission can…

The Free Financial Advisor

8 Critical Questions You Must Ask Before Buying Long-Term Care Insurance

Planning for the future involves preparing for unexpected events, and long-term care insurance can help with that. This type of insurance provides financial protection for expenses that standard health insurance and Medicare do not cover, such as daily assistance and nursing home care. Given the annual increase in long-term care…

inkl

Finding the Right Appliance Repair Service: What You Need to Know

Choosing the right appliance repair service protects your investment and ensures quality work. This guide helps you evaluate repair companies, ask the right questions, verify credentials, and avoid common pitfalls when hiring professionals to fix your valuable home appliances.

Benzinga

UnitedHealth Delivers The Quarter Tepper, Burry Have Been Waiting For

It took a year of pain, but UnitedHealth Group Inc (NYSE:UNH) just gave hedge fund stars David Tepper and Michael Burry a clean bill of health. After a bruising 35% slide in the past 12 months, the insurance giant finally delivered a quarter that suggests the patient is stabilizing —…

Benzinga

UnitedHealth Lifts Outlook As CEO Promises 'Durable Growth' Ahead

UnitedHealth Group (NYSE:UNH) stock is trading higher after the insurance mammoth cited a return to sustained growth in its third-quarter 2025 earnings on Tuesday and raised its 2025 guidance.

International Business Times

6 Things Travelers Need to Know Before Heading to Europe

If you're planning a trip to Europe, there are a few things that you need to know in between the usuals, like getting your Schengen travel insurance and packing your bags.

Fortune

AIG to acquire the majority of renewal rights to Everest Group’s global retail insurance portfolio in $2 billion deal

The acquisition gives AIG access to future business without inheriting responsibility for claims and obligations predating the deal.

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