INSURASALES

Florida's Hurricane Fund Retention Formula Inflates Insurance Premiums

Florida's automatic increase in the Hurricane Catastrophe Fund retention contributes to higher homeowners insurance premiums by driving up reinsurance costs. Resetting the retention threshold could lower premiums and improve market stability.

AmeriLife and Levinson Partner to Expand Agent Resources and Market Reach

AmeriLife and Levinson & Associates form a strategic partnership to provide licensed insurance agents nationwide with enhanced resources, innovative tools, and comprehensive support, boosting growth and client service capabilities.

Nationwide Launches CareMatters Annuity; AllianceBernstein Adds Fixed-Annuity to Secure Income Platform

Nationwide launches CareMatters Annuity with guaranteed LTC benefits; AllianceBernstein expands Secure Income Portfolio by adding fixed-annuity allocation for retirement income solutions.

Malibu Life Expands Into Annuities with TruSpire Acquisition and Sector Moves by Pacific Life and Lincoln Financial

Malibu Life Holdings acquires TruSpire Retirement Insurance, expanding into direct annuity issuance by mid-2026. Pacific Life settles IUL lawsuit and adds FIAs, while Lincoln Financial advances Rila platform development.

Florida Pastor Accused of Forging Life Insurance Policy on Ill Congregant

Florida pastor charged with forging a $100,000 life insurance policy on a church member undergoing surgery, highlighting risks of beneficiary fraud in life insurance.

CMS Star Ratings Upheld in Humana Medicare Advantage Lawsuit; Class Actions Impact Insurer Litigation

Court upholds CMS decision on Humana Medicare Advantage star ratings amid rising class-action insurance lawsuits involving provider network inaccuracies and insurer duties.

Arthur J. Gallagher & Co. Acquires Strategic Services Group to Expand Midwest Benefits Consulting

Arthur J. Gallagher & Co. acquires Strategic Services Group, enhancing its employee benefits consulting services in Michigan and the Midwest. This move strengthens Gallagher's regional presence in the insurance and risk management sectors.

Vertafore Announces AI-Focused Education Sessions for Accelerate 2026 Insurance Conference

Vertafore and NetVU announce AI-centric educational sessions for Accelerate 2026, empowering insurance professionals to integrate AI and digital innovation in agencies, MGAs, and carriers.

Bolt Unveils AI Technology to Automate Insurance Agency Quoting & Lead Management

Bolt launches AI-driven technology to automate quoting and lead management for insurance agencies, enhancing efficiency and customer service in the U.S. insurance market.

SIAA Launches SIAA NXT Platform to Transform Independent Insurance Agency Distribution

SIAA introduces SIAA NXT, an AI-driven Intelligent Distribution Platform enhancing connections and growth for independent insurance agencies and carriers across the U.S.