The European Insurance and Occupational Pensions Authority (EIOPA) has proposed draft guidelines on artificial intelligence use in insurance. According to Insurance Europe, the guidelines could ...

Canada’s Office of the Superintendent of Financial Institutions (OSFI) launched three consultations and introduced changes to the Life Insurance Capital Adequacy Test (LICAT), as part of its Spring ...

A legislative proposal in Michigan introduces mandatory premium reductions and consumer protection measures for auto insurance buyers. Senate Bills 328 and 329, sponsored by Sen. Jeff Irwin (D–Ann ...

Australian life insurer, TAL, has partnered with leading global insurtech Cover Genius to launch embedded life insurance in Australia, with the introduction of backd by TAL. Simple, affordable and ...

Trucordia, formerly known as PCF Insurance Services, will receive a $1.3 bn investment from Carlyle’s Global Credit platform. The deal, which values the company at $5.7 bn and is expected to close ...

In the first quarter of 2025, U.S. individual life insurance new annualized premium reached $3.94 bn, reflecting an 8% increase from the same period in 2024, according to LIMRA report. The total ...

Voxel, a California-based startup, has raised $44 mn in a Series B round led by NewRoad Capital Partners, with additional investment from Eclipse, Rite Hite, Tokio Marine, MTech, HG Ventures, and ...

Dai-ichi Life Holdings plans to acquire a 15% stake in M&G to expand its operations in the U.K. and European life insurance and asset management sectors. The companies described the move as part of a ...

Insurance commissioners from across the United States have asked the U.S. Senate to reconsider specific provisions in the reconciliation bill known as the “One Big Beautiful Bill Act.” The bill ...

A federal court in Florida upheld Amerisure Insurance Co.’s denial of coverage in a dispute over construction defects at a condominium complex, ruling that the insurer had no obligation under its ...

AM Best maintains a stable outlook for the UK life insurance market, supported by strong pension-related activity, steady expansion in defined contribution (DC) pensions, and solid investment returns ...

State Farm General Insurance confirmed it is cooperating with a market conduct examination initiated by the California Department of Insurance (CDI), which is investigating what regulators described ...