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Protective Life to Acquire P/C Specialty Insurance Carrier Obsidian
May 1 2026 // In a rare crossing of insurance lines, Alabama-based Protective Life Insurance Co. is moving to expand into property/casualty lines by acquiring Obsidian Insurance Holdings, Inc., a New York-based property, casualty and...
Grant Thornton: Insurers See AI Gains but Face Governance Gap
Apr 30 2026 // Insurers are seeing gains from artificial intelligence, but many are also exposing themselves to unnecessary risks, according to a new Grant Thornton report. The independent CPA firm’s 2026 AI Impact Survey Report...
Viewpoint: Japan and Korea Insurers to Accelerate M&As in the US and Globally
Apr 29 2026 // Japan and Korea insurers have shown unprecedented demand for M&As and strategic investments overseas in the past few years, targeting opportunities in both developed and emerging markets. While insurers from these two...
Another Appeals Court Balks at Class Action Over Auto Insurers’ ACV Methods
Apr 28 2026 // In another win for auto insurers, a federal appeals last week struck down a proposed class-action lawsuit over the methods carriers use to value totaled vehicles. At least five appellate courts in the last few years have...
With Lower Q1 Insured Losses, Re/Insurers Well-Placed for More Costly Quarters Ahead
Apr 27 2026 // Global and regional natural catastrophe activity and loss totals were lower in the first quarter of 2026 than in comparable quarters of previous years, leaving the re/insurance industry well-positioned as it heads into the...
General Atlantic-Backed Indian Insurer Acko Eyes Up to $2.5B Valuation in IPO: Sources
Apr 27 2026 // India’s Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned initial public offering and is eyeing a listing in early 2027, two people familiar with the matter said. Backed by...
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