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Aspida Life Re Appoints Former Fortitude Re Exec as Operations Chief
Aspida Re's long-term growth objectives, the company said. Lewis joins Aspida with more than 13 years of leadership experience across reinsurance finance, capital management, and ...
Source: BestWire   Date: September 8, 2026
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AM Best Requests Comments on Proposed Revisions to ‘Life Settlement Securitization' Criteria
Valuation Basic Tables for mortality rates. Other changes in the draft of the criteria include updates to certain adjustment factors, such as the Basic Adjustment Factor, Age-Based ...
Source: BestWire   Date: September 8, 2026
AM Best: Market Segment Outlook – Peru Insurance
Best Senior Financial Analyst Inger Rodriguez. Following is an edited transcript of the interview. View the video version of this interview here. Q: What are some of the main ...
Source: BestWire   Date: September 4, 2026
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AM Best: Market Segment Outlook – Global Life Reinsurance
Following is an edited transcript of the interview. View the video version of this interview here. Ahead of the Rendez-Vous de Septembre in Monte Carlo, AM Best is maintaining its ...
Source: BestWire   Date: September 4, 2026
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Utah Regulators Approve New Property Insurer With Eye on International Business From Asia
Further AI, at a recent Best's Briefing (BestWire, July 17, 2026). Earlier, the Utah Governor's Office of Economic Opportunity awarded Usurance a post-performance tax reduction for ...
Source: BestWire   Date: September 3, 2026
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Texas Insurance Regulator: State Law Prohibits Price Optimization in Rate Setting
Abbott said in a statement. "Price optimization drives up costs for loyal customers. TDI will take action against any company that uses this illegal practice." An attempt to gain ...
Source: BestWire   Date: September 3, 2026
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UK Regulator Moves to Ban Adviser Over ‘Misleading' Pension Transfer Advice
Financial as its representative. The FCA said Thomas gave misleading information about his role in the pension transfer cases to the principal firm, which is responsible for ...
Source: BestWire   Date: September 3, 2026
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WTW Appoints Two Directors to P/C Reserving and Capital Team
WTW has appointed Gary Rohrig and Justin Rosile as directors to the property/casualty reserving and capital team within its insurance consulting and technology business. Rohrig ...
Source: BestWire   Date: September 3, 2026
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Hospital Group Urging NAIC to Take Comprehensive Approach on Affordability Framework
American Hospital Association. The NAIC should also provide a balanced assessment of the benefits each policy idea presents as well as any limitations or tradeoffs. The AHA said ...
Source: BestWire   Date: September 2, 2026
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California Lawmakers Reject Utility ‘Bailout,' Pass Handful of Property Insurance Bills
Court said in a statement. After SB 492 failed, Pacific Gas & Electric Co.'s stock fell 20%, while Edison International saw a 23% drop, Consumer Watchdog said. "That is not ...
Source: BestWire   Date: September 2, 2026
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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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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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Illinois New E-Bike Law Mandates Insurance Coverage
Secretary of State's office said. Prior to the new law, Illinois had no regulations governing these vehicles, which have seen a 300% increase in injuries and deaths from 2019 and ...
Source: BestWire   Date: August 31, 2026
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Insurance Industry Celebrates California Wildfire Bill Preserving Subrogation Rights
... Ritter said in a statement. "We're grateful for the collaboration among legislators, the administration, wildfire survivors, local governments and other stakeholders to maintain ...
Source: BestWire   Date: August 31, 2026
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Corgi Insurance Appoints Head of Public Policy and Corporate Affairs
...Arn Bennett as head of public policy and corporate affairs. Bennett will build Corgi's federal government affairs function, with a focus on Congress, the U.S. Securities and ...
Source: BestWire   Date: August 28, 2026
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Prudential of Japan Sees More Than 84% Sales Drop in First Fiscal Quarter Amid Suspension
Prudential Life Insurance Co. Ltd., the Japan unit of Prudential Financial Inc., said annualized insurance premiums for new contracts dropped 84.3% in the first quarter amid a ...
Source: BestWire   Date: August 28, 2026
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Industry Blindsided by California's Stalled Telematics Bill
Personal Insurance Federation of California. Adey said the bill appeared to have a clear path forward after it received strong support in other committees, making it a surprise to ...
Source: BestWire   Date: August 27, 2026
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Oklahoma Regulator Puts Mending Health Under Supervision
Mending Health Insurance in Oklahoma Inc. has been placed under supervision by the Oklahoma Department of Insurance in a move the company said is designed to help it wind down its ...
Source: BestWire   Date: August 27, 2026
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Insurance Professional Pulls Ahead in Oklahoma Commissioner Republican Runoff
Marty Quinn, a former state lawmaker, the Oklahoma Election Board said. State election results will be certified by Sept. 1. The results track with the outcome of the Republican ...
Source: BestWire   Date: August 26, 2026
8th Circuit Revives Challenge to Iowa's Public Adjuster Prohibitions
Court for the Southern District of Iowa, Central Division. In seeking an appeal, Shamrock Hills argued that the lower court was wrong when it did not find Iowa's rules covering ...
Source: BestWire   Date: August 26, 2026
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