New Jersey Top Court Denies Insurance Producers Consumer Fraud Exemption
NJ Supreme Court rules Consumer Fraud Act insurance exemption no longer shields brokers, producers, or agents, exposing them to treble damages.
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Vantage Taps Arch Veterans Grandisson and Gansberg After $201.7M Year
Vantage leadership shifts to Arch Capital veterans Marc Grandisson and David Gansberg after a breakout $201.7M net income year for the Bermuda reinsurer.
UK Captive Regime Consultation Promises 4-6 Week Authorisations by Mid-2027
UK captive insurance regime consultations from the FCA and PRA promise 4-6 week authorisations by mid-2027, undercutting Marsh's own setup benchmark.
Saudi Re Buys 22.5% of Lloyd’s Backer AdA in London Market Return
Saudi Re returns to Lloyd's with a 22.5% stake in AdA Risk Holding, an 18-month round trip from its 2024 Probitas exit to a…
CNSF Data Shows Mexico VAT Reform Already Denting Insurer Profits
Mexico VAT reform pressure is now realized: CNSF's Q1 2026 data show sector net profit down 10.5% and medical-expense profit collapsing 63.5%.
Allstate Names Christian Lown CFO as Personal-Lines Margins Recover
Allstate CFO pick Christian Lown arrives as Property-Liability's combined ratio hits 82.0% and catastrophe losses tumble, testing capital strategy.
KKR Joins Consortium’s Bid to Take Steadfast Group Private
Steadfast acquisition moves: KKR joins Amwins and Dragoneer in a non-binding all-cash scheme bid to take the ASX broker private.
FCA’s CP26/22 Redraws Insurance Rules on UK Residency and PII Limits
FCA's CP26/22 redraws UK insurance rules by customer residency and moves broker PII limits from euros to sterling, with no exemption for Gibraltar or…
APRA Rewrites ECAI Recognition Guidelines to Cover Insurers Explicitly
APRA's ECAI recognition guidelines now explicitly name insurers, landing two days after its reinsurance framework overhaul was finalised on 7 July 2026.
US P/C Underwriting Gain Hits $60.9B as Personal Lines Profit Quadruples
The US P/C underwriting gain reached $60.9 billion in 2025 as personal lines profit nearly quadrupled, while commercial auto stayed unprofitable.