Browsing: insurance

Golden Life Insurance Limited faces severe financial difficulties, with unpaid claims, closed headquarters, and regulatory scrutiny.

The impact of the recent California wildfires is rippling through the property insurance market, leading to higher premiums, stricter policies, and fewer coverage options for homeowners.

Bajaj Finserv announces the acquisition of Allianz SE’s stake in its insurance ventures, increasing its ownership to 100%.

A federal judge in Florida has denied State Farm’s motion for summary judgment in a case concerning insurance coverage for a car accident, emphasizing the potential legal significance of certificates of insurance.

Allianz has agreed to sell its stakes in its Indian non-life and life insurance joint ventures to Bajaj Finserv.

Amwins Specialty Casualty Solutions (ASCS) has introduced a new insurance program designed for municipalities, schools, and other public entities, offering comprehensive liability and workers’ compensation coverage.

Mutual Capital Group (MCG) has finalized its acquisition of ICC Holdings (ICCH), the parent company of Illinois Casualty Company, in a deal valued at approximately $73.8 million.

The Great Bay Insurance Group has appointed Timothy J. Byrne Jr. as president of the group and Ronald R. Lovatt as president of Great Bay Insurance Company.

Markel Group Inc. has appointed Simon Wilson as CEO of its primary underwriting businesses, Markel Insurance.

Allianz’s commercial insurance unit saw a 6.4% year-on-year increase in emission intensity, according to a recent report. The company also reported significant growth in revenue from sustainable solutions.