insurance

The Trump administration unveiled a $20 billion reinsurance program designed to jump-start shipping through the Strait of Hormuz, where traffic has nearly ground to a halt amid U.S. and Israeli strikes on Iran.

Westchester Surplus Lines Insurance has reached a settlement with a Florida condominium association over a hurricane damage claim—three years after the association submitted loss estimates that insurers blasted as wildly inflated, even calling them 'outrageous.'

Renewal premium rates edged lower across most commercial insurance lines last month—but general liability and workers’ compensation stood out as the only exceptions, Ivans reported Thursday.

Two years ago, Rainier Miguel Salas and two licensed Florida insurance agents were charged in a scheme to sell insurance agent licenses—allegedly operating through an illegal 'licensing school' in Miami that helped unqualified applicants bypass the system and obtain credentials they never earned.

Just one year after being acquired by its CEO’s newly formed holding company, Universal North America is already making bold moves. The firm has expanded its footprint with new offices in Florida—and unveiled a new name to mark the next chapter of its growth.

A Delaware judge has ruled that insurers are not required to defend Meta Platforms against thousands of lawsuits claiming its social media giants, Facebook and Instagram, have harmed children—delivering a major setback as the company faces mounting legal pressure nationwide.

As the U.S.-Israeli air campaign against Iran intensified on Monday with no clear end in sight, attention quickly turned to a new frontline: the airline industry.

Marine insurers are pulling war-risk coverage for vessels as the escalating conflict with Iran rattles global shipping lanes. With at least three tankers damaged, one seafarer confirmed dead, and roughly 150 ships stranded near the Strait of Hormuz, oil shipping rates are poised to climb even higher—intensifying pressure on an already fragile energy market.

Zurich Insurance Group AG is closing in on a deal to acquire UK specialty insurer Beazley Plc, a blockbuster move that could reshape the specialty insurance market. According to people familiar with the matter, the company is also preparing to raise billions of dollars in equity to help finance the acquisition.

For more than a decade, insurance companies and physician groups have been locked in a high-stakes fight over one pivotal question in Florida law: Can doctors step into the role of pharmacists and dispense medications to injured workers—often at significantly higher prices?