Insurance

Arizona Study Group Issues Report on Homeowners Insurance and Wildfire Risk

Auto Insurance /
Volvo Launches Independent Agency; Arden’s Wildfire Program Backed by SiriusPoint

A report from a regulator-created group found that a multifaceted approach to addressing wildfires and lack of insurance affordability in Arizona should be tackled with a multifaceted approach that includes homeowners, communities and the state working in tandem to implement solutions. The Arizona Department of Insurance and Financial Institutions announced the release of the Resiliency […]

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Affordable American Insurance Hires Haskett as Sales VP

Life Insurance /
Affordable American Insurance Hires Haskett as Sales VP

Ross Haskett Affordable American Insurance Inc. naned Ross Haskett vice president of sales. Haskett has a decade of experience in insurance-industry lending and agency financing, including senior leadership roles at Westfield Bank and Live Oak Banking Company. His background includes positions ranging from senior loan officer to multiple vice president roles overseeing national lending programs,

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PE Firms EQT, PAI Among Bidders for €2 Billion Insurance Broker Global

Health Insurance /
PE Firms EQT, PAI Among Bidders for €2 Billion Insurance Broker Global

Private equity firms EQT AB, PAI Partners and Stone Point have been shortlisted in the bidding for German insurance brokerage Global Group, people familiar with the matter said. Global Group, which is backed by buyout firm Castik Capital, could fetch a valuation of about €2 billion ($2.3 billion) in a sale, one of the people

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Healthcare Cyber Insurance at an Inflection Point

Life Insurance /
How ‘Shadow AI’ Could Undermine Digital Health Defenses

The cyber insurance market is reaching an inflection point where underwriting companies must differentiate healthcare from other industries in how the risk is evaluated, priced, and how claims are managed. Healthcare cyber claims data tells a consistent and troubling story: attack frequency has surged dramatically in 2025, roughly a 90% increase from the prior year,

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King Risk Partners Acquires Ohio’s Arnold Insurance Agency

Life Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

King Risk Partners announced the acquisition of Arnold Insurance Agency, an independent firm based in Reynoldsburg, Ohio. The Arnold Insurance Agency is recognized throughout Ohio as one of the premier providers of construction insurance, small business insurance, personal insurance, risk management, and surety bond services. The agency was founded in 1983 by Mark Arnold. Topics

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Hong Kong Fire to Hurt Taiping Insurance Earnings, Fitch Says

Health Insurance /
Taiping Insurance Shares Hit by Over $200 Million Exposure to Hong Kong Fire

The deadly fire that ripped through seven high-rise towers in Hong Kong is expected to result in a surge in near-term claims among insurers, and hit earnings of the complex’s main underwriter, an affiliate of China Taiping Insurance Holdings 0966.HK, an analyst at Fitch Ratings said on Thursday. China Taiping Insurance (Hong Kong) has coverage

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Flagg Reappointed to Texas Mutual Insurance Company Board of Directors

Auto Insurance /
Flagg Reappointed to Texas Mutual Insurance Company Board of Directors

Brett Flagg Brett Flagg, of Frisco, Texas, has been reappointed to the Texas Mutual Insurance Company board of directors by Gov. Greg Abbott. His board term for Texas Mutual—a policyholder-owned company and the state’s leading provider of workers’ compensation insurance—is set to expire on July 1, 2031. Flagg is an attorney and owner of Flagg

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Luigi Mangione’s Arrest Videos Played at Hearings Over Insurance Executive’s Killing

Health Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Police spoke to Luigi Mangione in a McDonald’s restaurant for more than 30 minutes before arresting him for allegedly gunning down a UnitedHealthcare UNH.N executive, according to videos played on Monday during state court hearings over whether prosecutors can use his police statements at his murder trial. The videos, as well as audio of an

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