Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Mapfre to Buy Safety Insurance for About $1.54B
Spain-based insurance company Mapfre agreed to buy property and casualty insurer Safety Insurance Group for about $1.54 billion. The $105-a-share deal provides a 44% premium to Safety Insurance's Thursday closing price of $72.94. The stock was…
Mapfre to Buy Safety Insurance for About $1.54B -- Update
The $105-a-share deal provides a 44% premium to Safety Insurance's Thursday closing price of $72.94. The stock was recently up 38% to $100.99 after hours. The deal is expected to close during the first quarter of 2027, subject to customary closing…
Many Insurance Distribution Leaders Draw The Wrong Conclusion About AI
Scotty Elliott, chief distribution officer, Health for AmeriLife, a leader in distributing and marketing insurance and financial solutions. Every major technology shift produces two kinds of leaders: those who ask what technology can do for…
Insurance startup Corgi reportedly raised more money at $4B - its third round in 8 weeks
Insurance tech, data room software, and coffee-shop startup Corgi is reportedly raising yet another round that closely follows its last raise and would double its valuation, sources have told Forbes. The round is said to be a second extension of…
Car insurance is highest in these 5 states - but drivers are about to get a win
There are five states where car insurance premiums will cost drivers a median of $2,676 a year or more, a new study has found. Louisiana is home to the highest annual median rate in the nation at $3,342, according to an analysis published Monday by…
Selective Insurance: Q2 Earnings Snapshot
BRANCHVILLE, N.J. (AP) — BRANCHVILLE, N.J. (AP) — Selective Insurance Group Inc. (SIGI) on Thursday reported second-quarter profit of $129.4 million. The Branchville, New Jersey-based company said it had net income of $2.11 per share.
Universal Insurance: Q2 Earnings Snapshot
FORT LAUDERDALE, Fla. (AP) — FORT LAUDERDALE, Fla. (AP) — Universal Insurance Holdings Inc. (UVE) on Thursday reported earnings of $59.2 million in its second quarter. The Fort Lauderdale, Florida-based company said it had profit of…
Editorial: Oregon's home insurance problem
The price of housing in Oregon is bad enough. Homeowners then have to worry about insurance. Oregon generally has lower homeowner's insurance premiums than the national average or neighboring states. Knowing that doesn't make a rising insurance…
At The Edge Of Insurability: When Wildfire Risk Becomes Investment Risk
From severe wildfires in northern Ontario to record heat across Europe, extreme weather is back in the headlines. Two factors are driving rising wildfire risk and related insurance losses. Rising global temperatures are leading to increased…
Hartford Insurance's Q2 earnings beat consensus, new stock buybacks announced (HIG:NYSE)
Hartford Insurance Group (HIG) was trading lower even as the insurer announced second-quarter earnings that exceeded consensus estimates and a new $4.2B share repurchase program. Shares were 1.59% lower at $139.93 during post-market trading on…
Goosehead Insurance, Inc. (GSHD) Q2 2026 Earnings Call Transcript
Goosehead Insurance, Inc. (GSHD) Q2 2026 Earnings Call July 22, 2026 4:30 PM EDT Maddie Middleton - Senior Director of Investor Relations Mark Jones Jr. - President & COO John Martin - Chief Financial Officer Thomas Mcjoynt-Griffith - Keefe…
Commercial insurance rates fell 6% in second quarter: Marsh
Average commercial insurance rates fell 6% globally in the second quarter and by 2% in the United States, amid plentiful capacity and favorable reinsurance conditions, Marsh said Thursday. Property rates posted the steepest declines globally, while…
How shipping insurance rates are rising, as Hormuz, Bab al-Mandeb shut down
Maritime insurance prices have soared amid shipping disruptions in the Strait of Hormuz and are also rising for vessels traversing the Bab al-Mandeb, with both waterways – critical channels for the global economy – now theatres of…
Pennsylvania ACA health insurers propose 2027 double-digit premium rate increases
From Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Let us know! Nearly all health insurance companies that sell individual plans on Pennie, Pennsylvania's Affordable Care Act marketplace, are…
Lionel Messi's Left Foot Insured For Rs 8700 Crore? Here's What We Know
File photo of Lionel Messi© AFP Lionel Messi is currently back in Argentina after an exhausting FIFA World Cup 2026 that saw his team go down to Spain in the final. Throughout the marquee event, Messi time and again inspired Argentina to make…
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