MERGERS AND ACQUISITIONS
Jun 03, 2026 03:20 PM (EDT)
Wellington Management agreed to acquire Hartford Funds, an investment solutions provider for wealth management, from Hartford Insurance Group Inc., for $1.9 billion.
SPECIAL REPORT
Jun 10, 2026 09:45 AM (EDT)
The U.S. property/casualty industry recorded a $16.3 billion net underwriting gain in the first quarter of 2026 following a $1 billion loss in the same prior-year period, which had been driven largely by the California wildfires, according to a new AM Best report.
Jun 10, 2026 09:43 AM (EDT)
Due to the catastrophe protection gap in the Philippines, insured losses from damage caused by a recent 7.8-magnitude earthquake in the Mindanao region are expected to be limited and a small fraction of total economic damage,
Jun 04, 2026 08:49 AM (EDT)
AM Best has maintained its stable outlook on Spain’s non-life insurance segment, noting that while the segment continues to grow profitably, rising claims costs could narrow margins.
Jun 08, 2026 09:00 AM (EDT)
Premium generated from U.S. directors and officers’ liability coverage declined for a fourth straight year in 2025, reflecting heightened competition in the segment as warning signs loom over commercial lines underwriting.
OBITUARIES
Jun 10, 2026 03:19 PM (EDT)
W.R. Berkley Corp. Executive Chairman William "Bill" R. Berkley has died 59 years after founding the global commercial insurance and reinsurance business that carries his name.
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