Author: insurancejournalnews

A summary of recent sporting events, including soccer matches and the Super Bowl.

Markel Group Inc. has appointed Simon Wilson as Chief Executive Officer of Markel Insurance, overseeing the company’s primary underwriting businesses.

Allianz saw a 6.4% year-on-year increase in emissions intensity within its commercial insurance unit, although revenue from sustainable solutions grew significantly.

A group of policyholders has launched a lawsuit against Penn Mutual, accusing the company of misrepresenting life insurance policies for tax benefits.

Manitoba Public Insurance (MPI) has been instructed to raise its basic rates, leading to an average increase of $51 for passenger vehicles in the 2025-26 fiscal year.

Manitoba drivers will see an increase in their auto insurance rates, averaging $51 per vehicle, starting April 1, 2025.

The Financial Services Commission (FSC) is allowing insurance companies to diversify their business offerings to respond to demographic shifts, climate change, and technological advancements.

A new bill introduced in the Senate seeks to provide a long-term extension to the National Flood Insurance Program, moving away from the cycle of short-term renewals.

HDFC Life emerges as a standout performer amidst a challenging landscape for the life insurance industry.

These plans offer both life coverage and a payout option, providing a potential financial safety net.