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Insurance Business

National insurance news for USA insurance professionals. Read American insurance news, analysis, and interviews with leaders in the US insurance industry.

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News

Insurance Business
insurancebusinessmag.com > nz > news > breaking-news > fmgs-toughest-claims-year-in-121-years-puts-rural-pricing-in-focus-587571.aspx

FMG’s toughest claims year in 121 years puts rural pricing in focus

2+ week, 3+ day ago   (810+ words) Insurance Business FMG’s toughest claims year in 121 years puts rural pricing in focus Insurance...posted a $69.3 million net profit after tax for the year ended March 31, 2026, down from $119.2 million the prior year. The headline number, however, is not the…...

Insurance Business
insurancebusinessmag.com > au > news > non-profits > steadfast-foundation-marks-15-years-of-giving-586499.aspx

Steadfast Foundation marks 15 years of giving

3+ week, 5+ day ago   (203+ words) 1% of the group's net profit after tax each year for charitable giving, with charities often put...

Insurance Business
insurancebusinessmag.com > uk > news > breaking-news > fca-marks-its-own-homework-on-insurance--and-gives-itself-a-six-or-seven-588501.aspx

FCA marks its own homework on insurance – and gives itself a six or seven

1+ week, 3+ day ago   (463+ words) The UK's financial watchdog doesn't often put a number on its own performance. This week, giving evidence to peers, it did. Appearing before the House of Lords Financial Services Regulation Committee yesterday as part of its inquiry into regulation of the…...

Insurance Business
insurancebusinessmag.com > au > news > breaking-news > iags-broker-growth-lag-is-deliberate-not-a-retreat-586278.aspx

IAG's broker growth lag is deliberate, not a retreat

3+ week, 2+ day ago   (375+ words) built into Sunrise before the end of the calendar year. Hill ruled out a single unified broker portal as...

Insurance Business
insurancebusinessmag.com > uk > news > columns > giving-the-next-generation-of-mgas-room-to-grow-589006.aspx

Giving the next generation of MGAs room to grow

5+ day, 8+ hour ago   (345+ words) same. We expect that figure to rise further next year - conservatively we expect MGAA Incubator membership...

Insurance Business
insurancebusinessmag.com > reinsurance > news > breaking-news > compre-renews-wakam-lpt-as-annual-cycle-mechanism-gets-its-first-test-588873.aspx

Compre renews Wakam LPT as annual cycle mechanism gets its first test

6+ day, 13+ hour ago   (356+ words) reserves as of December 31, 2025. A further accident year has been added to the reinsurance coverage under...Group CEO of Wakam. "Adding a further accident year under the annual framework keeps our balance sheet...structure. "The addition of a further accident…...

Insurance Business
insurancebusinessmag.com > asia > news > catastrophe > reinsurers-post-nearrecord-returns-but-the-numbers-have-a-catch-588127.aspx

Reinsurers post near-record returns, but the numbers have a catch

1+ week, 5+ day ago   (814+ words) ratio by 6.8 percentage points versus the prior year, when the California wildfires dominated first-half...

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insurancebusinessmag.com > ca > news > group-benefits > group-benefits-have-changed-more-in-five-years-than-the-decade-before-it-westlands-spence-says-588217.aspx

Group benefits have changed more in five years than the decade before it, Westland's Spence says

1+ week, 4+ day ago   (503+ words) Group benefits in Canada have changed more in the past five years than in the decade before it, according to Mark Spence (pictured), vice president, group health and life insurance, Canada at Westland Benefits, who points to the pandemic as…...

Insurance Business
insurancebusinessmag.com > us > news > breaking-news > florida-employers-could-be-staring-down-a-tenth-straight-year-of-workers-comp-savings-587079.aspx

Florida employers could be staring down a tenth straight year of workers' comp savings

3+ week, 2+ day ago   (446+ words) employers could be staring down a tenth straight year of workers' comp savings Insurance Business...employers could be staring down a tenth straight year of workers' comp savings Premiums set to continue...Florida businesses may be about to bank their…...

Insurance Business
insurancebusinessmag.com > ca > news > commercial-liability > the-farm-insurance-gap-brokers-keep-missing-the-operation-changed-and-the-policy-didnt-586733.aspx

The farm insurance gap brokers keep missing: the operation changed and the policy didn't

3+ week, 3+ day ago   (565+ words) Canadian farms can look completely different in five years than they did at the last renewal - bigger, more complex, and passed to a new generation - and in both cases, the risk most likely to catch owners off guard is the…...

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