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Ohio Law Limits Period Health Insurers Can Recoup Overpayments
Previous rules granted a 30-day period to file an appeal. The law, formerly Senate Bill 162, strikes an important balance between protecting care providers from "perpetual ...
Source: BestWire   Date: July 10, 2026
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European Commission OKs Zurich's $10.9 Billion Acquisition of Beazley
Beazley plc by Switerland's Zurich Insurance Group Ltd. "The commission concluded that the notified transaction would not raise competition concerns, given the companies' limited ...
Source: BestWire   Date: July 10, 2026
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UK FCA: Consumer Duty Concerns Resulted in 382 Interventions in Past Fiscal Year
Association of British Insurers was not immediately successful. (By Steve Hallo, senior associate editor, BestWire: Steve.Hallo@ambest.com)
Source: BestWire   Date: July 10, 2026
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Ohio Enacts Third-Party Litigation Financing Reforms
... Information Institute said in an email. "Without question, there needs to be more transparency and that's why this legislation is so important. Litigation funders are influencing ...
Source: BestWire   Date: July 10, 2026
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Aviva Acquires Remaining Stake in India Life Joint Venture
Aviva said in a statement. Aviva is not disclosing terms of the acquisition, a spokesperson told BestWire. Formed in 2001, Aviva India is a life insurance joint venture between DIC ...
Source: BestWire   Date: July 10, 2026
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Australia's Steadfast Extends $5.35 Billion Amwins Acquisition Offer Period
Steadfast entered into with Amwins Group Inc. and Dragoneer Investment Group LLC, under which Steadfast granted the consortium a period of exclusivity for due diligence in ...
Source: BestWire   Date: July 10, 2026
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AM Best: Best's Impairment Rate, Rating Transition Study – 1977 to 2025
Best rated companies became impaired in 2025. Following is an edited transcript of the interview. View the video version of this interview here. Q: Tell us about the scope of this ...
Source: BestWire   Date: July 10, 2026
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USAA Appoints Retired Naval Officer as SVP and  Head of Government Relations
Motherway served more than 20 years in the U.S. Navy and held a wide range of leadership roles and global assignments, including combat operations in the Middle East, the company ...
Source: BestWire   Date: July 9, 2026
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Vermont Moving to End Ban on Using Age as Health Insurance Rating Factor
Republican said will make coverage more affordable. The executive order, which went into effect July 8, directs state agencies to explore ways to immediately implement the reforms ...
Source: BestWire   Date: July 9, 2026
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Ontario Drops Certain Auto Insurance Coverage Requirements
Ontario automobile insurance regulations have been updated to make certain accident benefits optional in a move regulators say will give consumers more flexibility and reduce ...
Source: BestWire   Date: July 9, 2026
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Hong Kong Approves Two New Captive Insurers, Bringing Total to Nine
Hongkong and Shanghai Hotels Ltd., a luxury hospitality and lifestyle brand based in Hong Kong, the regulator said in a statement. It also approved SF Captive Ltd., set up by S.F. ...
Source: BestWire   Date: July 9, 2026
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Connecticut Reviewing Challenges in Nonprofit Liability Market
Insurance Commissioner Josh Hershman said in a statement. "As we work to support stable and healthy insurance markets, this study will provide objective analysis and expert insight ...
Source: BestWire   Date: July 8, 2026
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US Senate Sees Bill to Cap Out-of-Pocket Cost for Traditional Medicare
Wyden said in a statement. "Nobody should go broke to get the healthcare they need, especially seniors who have paid into Medicare with each paycheck during their working years." ...
Source: BestWire   Date: July 8, 2026
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Virginia Budget Includes $150 Million to Offset Rising Health Insurance Costs
Virginia lawmakers and Democrat Gov. Abigail Spanberger have reached a budget agreement that includes $150 million to support a fund created to offset growing health insurance ...
Source: BestWire   Date: July 7, 2026
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Australian Regulator Finalizes Updated Reinsurance Framework
The new framework will go into effect Jan. 1, 2027, APRA said. The updates follow two rounds of consolations with industry feedback and were directed by a review APRA began in ...
Source: BestWire   Date: July 7, 2026
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IFM CEO: Regulation Slows Needed Rate Increases While Minnesota Homeowners Claims Costs Rise
Minnesota president and chief executive officer. Minnesota carriers were pummeled by multiple billion-dollar storm events in 2021 and 2022. Losses combined with legal system abuse ...
Source: BestWire   Date: July 7, 2026
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PHL Variable Liquidation Expected for 2027, Rehabilitator Says
Requests for proposals to assume guaranteed blocks of business controlled by insolvent PHL Variable Insurance Co. are expected in the third quarter and liquidation is expected to ...
Source: BestWire   Date: July 7, 2026
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NAIC Offers Guidance on Quarterly Filings Following Cyberbreach
Automated Valuation Service NAIC designations based on the ratings. In addition to second-quarter filings, the NAIC said ratings data from June 17, the last date prior to the ...
Source: BestWire   Date: July 6, 2026
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New York Issues Guidance to Implement New Auto Insurance Reforms
This provision was effective May 27. Effective May 26, the definition of was altered to remove reference to "medically determined injury or impairment of a non-permanent nature" ...
Source: BestWire   Date: July 6, 2026
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California Insurance Commissioner Prevails in Fair Plan Assessment Pass-Through Dispute
Superior Court of California, County of Los Angeles. A month after the assessment was approved in January 2025, Lara issued a bulletin with further guidance on how insurers could ...
Source: BestWire   Date: July 6, 2026
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