Smar NetworkSmar.inSmargrid.comNewsInsuranceRooms

Insurance Daily News

Daily news and analysis on insurance industry trends, regulations, and market insights

Facebook Telegram
← Back to first page

Insurance News

Estonia Says Russia Behind Arson Attack on Defense Firm

Estonia’s government said with “full confidence” that Russian special services commissioned an August arson attack against a defense manufacturing facility in Tallinn. “The ars

πŸ“… 2026-09-29 | πŸ“° Insurance Journal
#insurance-news #estonia #says

Ascot reorganizes underwriting businesses, names division presidents

Ascot Group on Tuesday announced a reorganization that will bring its global insurance and reinsurance underwriting operations into a newly created division and establish a separate consumer lines bus

πŸ“… 2026-09-29 | πŸ“° Business Insurance
#insurance-news #ascot #reorganizes

Lexington sets up financial institutions practice through LexPro

Lexington Insurance, a subsidiary of American International Group, has established a dedicated financial institutions practice to support banks, asset managers, broker dealers and other organizations

πŸ“… 2026-09-29 | πŸ“° Business Insurance
#insurance-news #lexington #sets

World Insurance Adds American Insurance Agency of Mass.

Global broker World Insurance Associates LLC announced that it acquired the business of American Insurance Agency (“American Insurance”) of Hingham, Massachusetts on June 1, 2026. American

πŸ“… 2026-09-29 | πŸ“° Insurance Journal
#insurance-news #world #insurance

Golden Gate Sued Over Insurer’s $2.2 Billion Capital Shortfall

Policyholders of a struggling life insurer sued its private equity owner, accusing Golden Gate Capital of self-dealing and mismanaging PHL Variable Insurance Co. to the point that it now faces possibl

πŸ“… 2026-09-29 | πŸ“° Claims Journal
#insurance-news #golden #gate

ANV completes Car Care Plan deal to scale up in vehicle warranty

The Blackstone-backed MGA platform spun out of AmTrust last year buys the UK warranty leader and its US, European, Turkish and Chinese units from its former parent

πŸ“… 2026-09-29 | πŸ“° Insurance Business America
#insurance-news #anv #completes

Most Americans Worry About Severe Weather, But Few Feel Ready For It

Eighty-four percent of Americans are concerned about severe weather while just 11% feel highly prepared, a preparedness gap that widens in the highest-risk regions, according to COUNTRY Financial. The

πŸ“… 2026-09-29 | πŸ“° Risk & Insurance
#insurance-news #most #americans

SiriusPoint, Sutton partner on NIL coverage

Specialty underwriter SiriusPoint Ltd. and managing general underwriter Sutton Special Risk on Monday launched SportsSecure insurance coverage for college and university athletic programs, managing in

πŸ“… 2026-09-29 | πŸ“° Business Insurance
#insurance-news #siriuspoint #sutton

Missouri Man Pleads Guilty to Destroying Property at Tesla Dealership

A Barnhart, Missouri man pleaded guilty to destroying property at a Telsa dealership in Kansas City, Missouri and to unlawfully possessing an unregistered destructive device. Kevin Harkins, 28, entere

πŸ“… 2026-09-29 | πŸ“° Insurance Journal
#insurance-news #missouri #man

Aon expands diagnostic range to property and casualty risks

Aon is offering risk and finance leaders access to two diagnostic tools to better understand and act on their property and casualty exposures. Property Risk Diagnostic and Casualty Risk Diagnostic hel

πŸ“… 2026-09-29 | πŸ“° Commercial Risk Europe
#insurance-news #aon #expands

Flat-fee drug subscriptions are courting your clients' employees

Amazon and GoodRx are selling cash-pay prescription plans to insured workers. Those purchases usually sit outside the group plan, which matters for deductibles, claims data and 2027 renewals

πŸ“… 2026-09-29 | πŸ“° Insurance Business America
#insurance-news #flat-fee #drug

Eiopa says annual reporting burden for captives down 44%

Europe’s insurance regulator Eiopa said small and non-complex undertakings, which include most captives under revisions to the Solvency II Directive, will benefit the most from cuts to reporting requi

πŸ“… 2026-09-29 | πŸ“° Commercial Risk Europe
#insurance-news #eiopa #says

Prosecutors Seize Bank Accounts of Montana Firm Linked to Tether

U.S. prosecutors in California have seized millions of dollars from bank accounts and cryptocurrency wallets tied to a Montana payments company reportedly linked to Tether. Owners of Capstone, which a

πŸ“… 2026-09-29 | πŸ“° Insurance Journal
#insurance-news #prosecutors #seize