Insurance News from December 16, 2025
National News
LA Fires and US Severe Convective Storms Drive Insured Losses of $107B in 2025
Insured losses from natural catastrophes will surpass US$100 billion mark in 2025 for...
International & Reinsurance News
‘Shadow Banking’ Growing at Double the Rate of Traditional Lenders, FSB Says
The non-bank financial sector's share of global assets grew to 51%, or $256.8 trillion,...
East News
New York Says Cab, Rideshare Insurance Rates to Rise 25%
New York officials have told rideshare companies, driver representatives and others in...
West News
World Insurance Associates Acquires SilverLeaf Insurance in Arizona
World Insurance Associates LLC acquired the business of SilverLeaf Insurance Group in...
Southeast News
US House Bill Aims to End Private Flood Insurance Coverage Penalty
Homeowners required to purchase flood insurance can utilize private flood policies,...
Texas / South Central News
YA Group Acquires Texas’ J.M. Reagan Consulting
YA Group announced the acquisition of the business of J.M. Reagan Consulting (JMR), a...
Midwest News
Illinois Company Agrees to Pay $421K to Resolve Alleged False Claims Act Violations
Swiss Automation Inc. has agreed to pay $421,234 to resolve alleged False Claims Act...