Glenn Renwick, the former President, CEO and Chairman of the Board of the Progressive Corporation, has died at age 69 following a car accident in Florida. Renwick was born in Dunedin, New Zealand. He ...

Swiss Re reported strong first-quarter results in both its property & casualty and life & health reinsurance businesses, despite a slight drop in revenue and continued caution in U.S. casualty lines.

Massachusetts Insurance Commissioner Michael Caljouw denied a proposed 7.1% rate increase from the Workers’ Compensation Rating and Inspection Bureau of Massachusetts. He challenged key parts of the ...

Ryan Specialty Holdings announced the acquisition of 360 Degree Underwriting, a managing general underwriter based in Dublin and Galway, Ireland. The company specializes in commercial construction.

Chinese insurtech XChange TEC INC to appeal a Nasdaq delisting notice after failing to maintain the required $35 mn minimum market value of listed securities. The company filed the appeal. This move ...

MetLife appoints Jane Slusark as chief communications officer. She will manage global communications, covering internal messaging, external relations, and media coordination. She is Global ...

With risk-adjusted rate changes falling and economic conditions unclear, Lloyd’s is pushing its underwriters to stay focused, especially in the expanding delegated business sector, according to Chief ...

A recent study by CLARA Analytics shows that AI tools can flag possible fraud in property and casualty claims just two weeks after filing, much faster than traditional methods. The research reviewed 2 ...

Helvetia Group announced that its board of directors has approved a merger involving Caser, Helvetia Seguros, and Helvetia Holding Suizo. Caser will act as the absorbing company in the process. The ...

Alberta lawmakers have passed legislation to introduce a privately operated no-fault auto insurance model, focusing on a “care first” approach, according to the Insurance Bureau of Canada (IBC).

Montana is changing how it taxes captive insurance companies. A new law signed by Gov. Greg Gianforte replaces the flat-rate system with a tiered premium tax model and sets minimum yearly taxes.

The California Department of Insurance (CDI) is forming a task force to develop clear rules for insurance coverage and cleanup procedures related to smoke-damaged homes. The new group, named the Smoke ...