U.S. annuity sales hit a record $119.3 billion in Q3 2025, driven by growth in registered variable and index-linked annuities amid market volatility and inflation concerns.
Kyle Busch and Pacific Life confront lawsuits alleging deceptive marketing of Indexed Universal Life policies, raising critical issues in life insurance compliance and consumer protection.
Roadzen signs definitive agreement to acquire majority control of a commercial auto insurance broker and MGU operating in California, Texas, Illinois, and New Jersey, expanding its footprint in specialty transportation and commercial vehicle insurance.
Explore how market concentration, loss payouts, and regulatory frameworks impact homeowners insurance premiums in Oklahoma amid rising natural disaster claims and inflation.
Explore key challenges impacting Selective Insurance, Radian Group, and Mercury General including declining revenues, profitability pressures, and market valuation insights for informed insurance investment decisions.
Guidewire is acquiring ProNavigator, a knowledge management platform for P&C insurance, to improve workflow efficiency and decision-making. The integration will enhance Guidewire's platform with advanced knowledge retrieval and search capabilities.
Nationwide commits $1.5 billion through 2028 to AI-driven innovations enhancing property and casualty insurance services with secure, scalable technology solutions.
Florida's Citizens Property Insurance Corp. sheds nearly 200,000 policies as private insurers expand, marking lowest policy levels since 2021. Depopulation program and regulatory reforms drive market shift amid hurricane risk.
Pacific Life commits $12.3 million to open a new Charlotte office, creating 301 jobs in actuarial, finance, technology, and HR roles. The expansion supports Charlotte's growing reputation as a financial services hub with $5.5M in state tax incentives.
CVS Health closes 16 Oak Street Health locations citing elevated medical costs and CMS risk model changes, reflecting broader strategic shifts in retail healthcare amid financial pressures.
