INSURASALES

SiriusPoint Sells Arcadian Stake to Lee Equity for $139M with Capacity Deal

SiriusPoint sells 49% stake in Arcadian Risk Capital to Lee Equity for $139M; deal includes extended capacity agreement through 2031, boosting specialty underwriting platform.

Nevada Auto Insurance Rates Climb Amid Market and Regulatory Pressure

Nevada experiences some of the highest auto insurance rates in the U.S., with premiums rising due to regulatory, market, and demographic factors, impacting affordability for drivers.

SiriusPoint Sells Bermuda-Based MGA Arcadian to Lee Equity Partners for $139M

SiriusPoint sells its stake in Bermuda-based MGA Arcadian to Lee Equity Partners for $139 million, signaling strategic asset optimization in reinsurance and property/casualty sectors.

Singlife's PROPEL Onboards 1,300+ Advisers, Boosts Platform Performance

Singlife's PROPEL platform has onboarded over 1,300 financial advisers within nine months, improving performance and client support for advisory firms through enhanced digital and back-office services.

Liberty Mutual Targets $2M No-Fault Insurance Fraud Scheme in NY

Liberty Mutual files federal lawsuit alleging $2 million no-fault insurance fraud involving unlicensed providers and inflated claims across NY physical therapy clinics.

Illinois Court Limits State Farm ACV Class Action Claims in Multi-State Dispute

Illinois district court partially limits State Farm ACV class action claims in Alaska, West Virginia, Kentucky, and Mississippi, highlighting complex insurance litigation and regulatory issues.

CCC Crash Course Q3 2025 Report Highlights Structural Shifts in Auto Insurance

CCC Intelligent Solutions' Crash Course Q3 2025 Report reveals how tariffs, inflation, and vehicle technology are driving structural changes in auto insurance, based on extensive claims data analysis.

California Advances Insurance Stability with Governor’s Executive Order

California strengthens homeowners insurance market stability through an executive order advancing the Sustainable Insurance Strategy and insurer commitments.

Federal Shutdown Halts New NFIP Flood Insurance Policies in Louisiana

The federal government shutdown stops new flood insurance policies under NFIP in Louisiana, impacting homeowners and prompting legislative efforts for a solution.

Increased Deer-Vehicle Collisions Raise Safety and Insurance Concerns in Ohio

Higher deer-vehicle collisions during fall in Ohio lead to increased car accidents and insurance claims, highlighting road safety and financial risks for drivers and insurers.