AIG Names John Rice Board Chair as Zaffino Steps Down to Advisor Role
AIG has confirmed that Peter Zaffino will step down as Executive Chair and board member effective September 15, 2026, moving into a Senior Advisor…
Region
North America
Aon Prices $13.5 Billion in Notes to Fund $17 Billion USI Deal
Aon priced $13.5 billion of senior notes to help fund its $17 billion cash acquisition of USI Insurance Services from KKR, with a redemption…
Bamboo Insurance Prices IPO Range at $18-$20 a Share Ahead of NYSE Debut
Bamboo Insurance Services has set an estimated IPO price range of $18.00-$20.00 per share in an amended Form S-1, covering 35,000,000 shares sold entirely…
OSFI Rewrites Insurer Regulatory Returns Ahead of 2027 IFRS 18 Switch
OSFI has finalized new regulatory return templates for federally regulated insurers, rebuilding the statement of profit or loss around a new international standard's operating,…
OSFI Finalizes MICAT, Lowers Risk Weight for Low-Rise Construction Loans
OSFI has finalized MICAT 2027, cutting the base risk weight for certain low-rise multi-unit residential construction exposures while leaving high-rise projects unchanged. The revised…
NAIC’s Policy Locator Tool Passes Major Milestone in Unclaimed Life Insurance Benefits
The NAIC's free Life Insurance Policy Locator has matched consumers with more than $16 billion in lost and unclaimed benefits, regulators say, with growth…
Triple-I Debuts State-by-State Insurance Affordability Index
Triple-I's new Insurance Affordability Index compares auto and homeowners insurance costs against median household income across every U.S. state.
Bamboo Insurance Files for NYSE IPO, Testing AI-Driven MGU Model
Bamboo Insurance Services has filed to go public on the NYSE under the ticker BMB, putting a capital-light, AI-driven approach to homeowners underwriting in…
Eleventh Circuit Affirms LINA’s ERISA Disability Termination, No. 25-12108
The Eleventh Circuit affirmed that LINA lawfully terminated a claimant’s long-term disability benefits, rejecting all six arguments she raised on ERISA appeal.
Clearspeed Pegs Personal Lines Fraud Cost at $45.3 Billion
A new Clearspeed-commissioned analysis, authored by company advisor Kim Garland, estimates that fraud and inaccurate information cost U.S. personal auto and homeowners insurers $45.3…