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IGI Launches Bermuda-Domiciled Reinsurance MGA Cipher Underwriting Ltd
International General Insurance Holdings Ltd. announced the launch of Bermuda-based treaty reinsurance managing general agent Cipher Underwriting Ltd, which it said will be ...
Source: BestWire   Date: September 2, 2026
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AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Mountain Life Insurance Company
...Mountain Life) (headquartered in Lexington, KY). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Mountain Life's balance sheet strength, which ...
Source: BestWire   Date: September 2, 2026
Best's Market Segment Report: AM Best Maintains Stable Outlook on Taiwan's Non-Life Insurance Segment
James Chan, director, analytics, AM Best. To access the full copy of this commentary, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=368135. AM Best is a ...
Source: BestWire   Date: September 2, 2026
Guy Carpenter Rebrands as Marsh Re; Company Says War, Terrorism Market Faces First Loss
President and Chief Executive Officer Dean Klisura said in a statement. Marsh Re said the war, terrorism and political violence insurance market could incur its first loss-making ...
Source: BestWire   Date: September 2, 2026
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Texas AG Investigating Health Insurer's Tricare Claims Denials
Paxton said in a statement. "I will not allow health insurance companies to take advantage of Texans through deceptive or unlawful practices." TriWest said it is reviewing ...
Source: BestWire   Date: September 2, 2026
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AM Best Affirms Credit Ratings of The Allstate Corporation and Core Subsidiaries
...Term ICR of "a-" (Excellent) of ASMI Auto Group's members. AM Best also has affirmed the FSR of A (Excellent) and the Long-Term ICR of "a" (Excellent) of First Colonial Insurance ...
Source: BestWire   Date: September 2, 2026
AM Best Affirms Credit Ratings of IRB-Brasil Resseguros S.A.
...Rio de Janeiro, Brazil). Concurrently, AM Best has affirmed the Brazil National Scale Rating (NSR) of "aaa.BR" (Exceptional). The outlook of these Credit Ratings (ratings) is ...
Source: BestWire   Date: September 2, 2026
AIG's Zaffino to Step Down to Join Software Firm Palantir in Financial Services Role
American International Group Inc. Executive Chair and board member Peter Zaffino will join Palantir Technologies Inc. as global head of financial services to drive ...
Source: BestWire   Date: September 2, 2026
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AM Best Downgrades Credit Ratings of SteadPoint Insurance Company; Places Credit Ratings Under Review With Negative Implications
Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for ...
Source: BestWire   Date: September 2, 2026
Best's Market Segment Report: Steering Profitability Remains Crucial for Lloyd's in Softening Market
...Vous de Septembre on Sept. 6, 2026, at 10:15 a.m. (CEST) in Monte Carlo. For more information, please visit the event website. AM Best is a global credit rating agency, news ...
Source: BestWire   Date: September 2, 2026
Los Angeles County Suing State Farm Over Claims Practices
Unfair Competition Law. The January 2025 LA wildfires destroyed or damaged more than 16,000 structures, primarily homes, and many property owners remain out of their homes more ...
Source: BestWire   Date: September 1, 2026
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Australian MGA Enters US Promising to Close Small-Business Cyber Protection Gap
New Zealand, said it has launched Emergence U.S., based in Florida. Cyberthreats continue to grow while cyber insurance adoption among small and midsized businesses remains ...
Source: BestWire   Date: September 1, 2026
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Brokers Seek Dismissal of $50 Million Fraud Lawsuit Over Statute of Limitations
Maryland (BestWire, June 25, 2026). The insurer said the scheme resulted in it seeing more than $50 million in losses, the complaint said. CareFirst alleges the Rappaports operated ...
Source: BestWire   Date: September 1, 2026
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MGA Counterpart Expands to Lawyers' Professional Liability Insurance in Sixth Launch During Past Year
Casals Melia, director of LPL at Counterpart, in a statement. "At Counterpart, the infrastructure and the carrier and broker relationships were already in place, so I could spend ...
Source: BestWire   Date: September 1, 2026
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UnitedHealthcare Reducing Prior Authorization Requirements Across 11 States in October
Oxford offerings, the insurer said. In May, UnitedHealthcare said it was working to reduce prior authorization requirements by the end of this year for 30% of services that require ...
Source: BestWire   Date: September 1, 2026
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Skuld Cancels Some War Risk Insurance Near Red Sea, Indian Ocean, Gulf of Aden
United States war with Iran. "In light of concerning developments in the Red Sea area, which have materially increased geopolitical and operational uncertainty, the association has ...
Source: BestWire   Date: September 1, 2026
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Bamboo Plans IPO as an Emerging Growth Company
Form S-1 filed with the U.S. Securities and Exchange Commission. The price range and number of shares offered have not yet been disclosed, but the company said in the filing it ...
Source: BestWire   Date: September 1, 2026
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Perils: July Convective Storms in Europe Caused $2.54 Billion in Insured Losses
Perils said the initial estimate will be updated Oct. 19. The SCS were triggered by high-level cool air moving in from the northeast across the continent, according to Perils. The ...
Source: BestWire   Date: September 1, 2026
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Weekly Calendar: AM Best's Reinsurance Market Briefing at Rendez-Vous de Septembre on Sept. 6
Report on Industrial Producer/Consumer Price Index. Sept. 9. Governing Council of the European Central Bank Monetary Policy Meeting. Sept. 9-10. ECB August 2026 Long Term Interest ...
Source: BestWire   Date: September 1, 2026
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Best's Market Segment Report: AM Best Maintains Stable Outlook on Global Life Reinsurance Segment
Europe where the leading global life reinsurance entities operate. AM Best continues to monitor evolving regulations in offshore jurisdictions. To access the full copy of this ...
Source: BestWire   Date: September 1, 2026

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