Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
AIG Joins Private Equity Firm Onex to Acquire Re/Insurer Convex
Oct 30 2025 // Convex Group Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new, long-term ownership structure led by private equity firm Onex Corp., with American International Group becoming a minority equity...
FIO: Insurer Litigation Expenses Dipped Slightly Between 2023 and 2024
Oct 30 2025 // Insurer litigation expenses declined slightly between 2023 and 2024 and potentially benefitted from state legal reforms to address increasing litigation costs, the U.S. Department of the Treasury’s Federal Insurance...
Progressive Now 4th Largest Global Insurer; RenRe Fastest Growing in ’24
Oct 29 2025 // As a group, the top 50 global property/casualty insurers grew premiums by 8.3% in 2024, but four of them, individually, grew by more than 20%, including Progressive which vaulted into the top five. S&P Global Market...
Reuters: Iran, Russia and the New Zealand Insurer That Kept Sanctioned Oil Flowing
Oct 28 2025 // Last Christmas, the tanker Yug cruised out of the Chinese port of Qingdao after offloading 2 million barrels of sanctioned Iranian oil. Near the Arctic, a vessel carrying Russian crude churned through icy seas, bound for...
People Moves: Liberty Mutual Re Taps Aldwinckle From AXA XL Re as CUO, International Casualty; Re/Insurer IQUW Bermuda Names Guy Carpenter’s Mitchell as CUO
Oct 27 2025 // This edition of International People Moves details appointments at Liberty Mutual Reinsurance and IQUW Bermuda. A summary of these new hires follows here. Liberty Mutual Re Taps Aldwinckle From AXA XL Re as CUO,...
California Commissioner Asks Insurers for Policyholder Relief During Shutdown
Oct 27 2025 // California Insurance Commissioner Ricardo Lara issued a formal notice asking insurance companies to implement protective measures, including a moratorium on cancellations, for policyholders who may be impacted by the...
Illinois Department of Insurance Asks Insurers for Policyholder Relief During Shutdown
Oct 24 2025 // The Illinois Department of Insurance is asking insurers to provide relief to policyholders impacted by the federal government shutdown and ensure that they do not lose insurance coverage, including a moratorium on...
Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual
Oct 23 2025 // Old Republic International Corp., the Chicago-based specialty insurer, announced it has entered into a definitive agreement to acquire Everett Cash Mutual Insurance Co. and its affiliated companies (ECM), following its...
Markets/Coverages: Verisk Offers Insurers a Standardized Pet Insurance Program
Oct 23 2025 // Insurance data and technology firm Verisk has released a pet health insurance program offering U.S. insurers a standardized pet insurance program. Verisk’s new ISO Pet Insurance Line of Business program provides...
Colorado’s Regulator Warns Insurers About Auto Shops Waiving Deductibles
Oct 22 2025 // Colorado’s Insurance regulator is warning consumers and insurers about trend in auto shops in the state offering to waive deductibles. “The Division has become aware that certain auto repair shops in Colorado...
New Hampshire Youth Centers Seeking Coverage for Child Abuse Claims Sue Insurer
Oct 21 2025 // Two New Hampshire nonprofits that ran youth facilities for the state are suing their insurer seeking defense and indemnity coverage for child abuse lawsuits filed against them. Philadelphia Indemnity Insurance Co., the...
Debt Collector Adds Subrogation Recovery for Insurers in Florida and Other States
Oct 20 2025 // A debt collection agency announced it has launched a subrogration recovery service for insurance companies in Florida and other states. Southwest Recovery Services, a 21-year-old company with offices in Texas, Florida,...
Tips to Make the Most of Carrier Relationships
Oct 20 2025 // I remember talking with an agency owner a few years ago who had gotten upset with an insurance carrier with whom they were working. This has been a frequent occurrence in the last few years as the hard market has added...
New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims
Oct 17 2025 // A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent, citing millions of dollars in child sex abuse claims brought against it under the...
Italy Plans to Get €11 Billion From Banks, Insurers in 3 Years
Oct 17 2025 // Italy’s government coalition has reached an agreement over a complex scheme that would see banks and insurers contributing about €11 billion ($12.8 billion) to its budget over three years. The contribution...
Incubator, Former C&F Exec Launch Specialty Insurer for Insurers, Financial Managers
Oct 16 2025 // A former Crum & Forster executive and a London-based underwriter incubator have teamed up to launch a new specialty insurance company based in Charlotte, North Carolina. Bartlett 1889 Specialty Insurance plans to offer...
SIAA Launches New Data Driven AI Tool to Boost Agency, Carrier Growth
Oct 15 2025 // The agency network, SIAA, today announced the launch of a new artificial intelligence optimization platform called SIAA NXT, a platform that combines a suite of solutions and services designed to help members and partners...
French Banks, Insurers Sell Bonds After Macron’s New Cabinet
Oct 14 2025 // French banks and insurers tapped the European market for bonds on Monday, with investor demand holding up for most offerings despite the country’s ongoing political crisis. BPCE SFH sold a €1 billion ($1.2 billion)...
5-Year Cost of Litigation Funding to Commercial Insurers Could Top $25B
Oct 6 2025 // “Are you being serious?” Christopher Swift, chair and chief executive officer of The Hartford, was taken aback by a question from an analyst during the company’s second-quarter earnings call about the...
Insurers Fighting $345 Million Georgia School Abuse Award, With Policy Wording Again at Issue
Oct 6 2025 // In one of the longest-running and most-litigated episodes of alleged child sexual abuse at a private school, the key question in a case now before the Georgia Court of Appeals is whether insurers’ recent policies...
