Ageas to Fully Acquire AG Insurance; BNP Paribas Retains Strategic Stake

Ageas to fully acquire AG Insurance from BNP Paribas Fortis for €1.9 billion, strengthening its Belgian operations and reaffirming bancassurance partnership amid strategic growth under Elevate27.

Bermuda Segregated Account Companies Drive Growth in Captive Insurance Sector 2023

Bermuda's segregated account companies led growth in captive insurance in 2023, with rising premiums, regulatory updates, and evolving risk management strategies.

Berkshire Hathaway Updates Leadership in Insurance and Non-Insurance Divisions

Berkshire Hathaway announces key leadership changes in its insurance division, including a new GEICO CEO and plans for CFO succession, reinforcing its strategic governance and operational expertise.

Hildene to Acquire SILAC, Expanding Fixed Annuities Market Footprint

Hildene Capital Management announces acquisition of SILAC, boosting its fixed indexed annuities presence with a $550M deal set for mid-2026 closure, enhancing investment strategies and market growth.

Idaho Congressman Proposes Extending Short-Term Health Insurance Duration to Three Years

Idaho Congressman introduces bill to extend short-term health insurance plans from 4 months to 3 years amid expiring ACA subsidies, impacting health insurance coverage and market dynamics.

Mitsui Sumitomo Insurance Acquires Stake in U.S. Insurer W. R. Berkley

Japanese insurer Mitsui Sumitomo Insurance acquires at least 12.5% stake in U.S. commercial insurer W. R. Berkley, marking strategic market expansion and governance involvement.

NCOIL Updates Insurance Fraud Law and Readopts Contractor Protection Model

NCOIL updates anti-insurance fraud model law and readopts Storm Chasers model to strengthen contractor regulations and reduce fraud risks after catastrophes.

Brocker, Karns and Karns Offers Independent Insurance Solutions Across Iowa

Brocker, Karns and Karns provides independent insurance coverage options across Iowa, partnering with Auto-Owners Insurance for competitive rates on home, auto, life, and business policies.

Atlanta Faces Local Surge in Vehicle Break-Ins Despite Citywide Decline

Despite a citywide decline in car break-ins, Atlanta neighborhoods near Grant Park experienced over 100 vehicle break-ins in a single night, highlighting localized security challenges and insurance implications.

China Launches Commercial Health Insurance List Featuring CAR-T Therapies

China launches its first Commercial Health Insurance Innovative Drug List with CAR-T therapies, advancing access to innovative cancer and rare disease treatments under commercial insurance.