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…
Region
North America
Aon Announces CFO Transition: Reese Departs, Virani Named Interim Chief Financial Officer
Aon plc has named Nadin Virani as interim Chief Financial Officer after Edmund Reese stepped down from the role. Reese will stay on as…
Arkansas, DC, Indiana, and Michigan Regain NAIC Accreditation Status
Arkansas, the District of Columbia, Indiana, and Michigan won reaccreditation under the NAIC's Financial Regulation Standards program during the 2026 Summer National Meeting. Here's…
US Life Insurers’ Level 3 Bond Exposure Doubles to $592 Billion, AM Best Warns
AM Best's new special report finds that US insurers' Level 3 asset holdings have surged over the past decade, with the life/annuity segment and…
Thoma Bravo to Take Accelerant Private in $4 Billion Deal
Private equity firm Thoma Bravo has agreed to take specialty insurance marketplace Accelerant Holdings private in an all-cash transaction. The deal carries a steep…
Spokane Wildfires Force 60,000 Evacuations as Reinsurance Market Stays Firm
Three wildfires near Spokane, Washington destroyed up to 700 structures and forced 60,000 evacuations over the first weekend of August, Guy Carpenter reports. The…
NAIC’s Columbus Meeting Puts AI Oversight and Cyber Rules on the Agenda
The NAIC convened its 2026 Summer National Meeting in Columbus, Ohio, placing AI governance and cyber risk oversight at the center of the agenda.…
Washington Court Backs Discovery Breach, Tosses $1M Sanction Over Excess Layers
A Washington Court of Appeals panel affirmed that Cozen O'Connor breached its discovery duty by not surfacing two excess layers above Safelite's primary policy,…
Corebridge and Equitable Shareholders Approve $22 Billion Merger
Corebridge Financial and Equitable Holdings shareholders approved their all-stock merger at a July 30, 2026 special meeting, clearing the path toward a combined $1.5…
Aon: Primary D&O Pricing Rises 0.6% After Sixteen Quarters of Declines
Aon's Q2 2026 D&O Pricing Index shows primary policy pricing up 0.6% year over year, the first increase after sixteen straight quarters of declines,…