Recent Posts
News•Mar 2, 2026
Baldwin Posts Fourth Quarter Loss; Carlisle Takes Over Underwriting Group
Baldwin Insurance Group posted a Q4 loss of $25.9 million, or 37 cents per share, widening its annual deficit to $33.8 million. Revenue slipped to $347.3 million, missing Zacks analysts’ $354.3 million estimate. CEO Trevor Baldwin signaled a turnaround for 2026, while Amy Carlisle took over the underwriting, capacity and technology solutions group. The firm also launched an embedded home‑insurance partnership with Fairway Independent Mortgage.
By Insurance Journal
News•Feb 27, 2026
UK Appoints Barclays Executive as Top Bank of England Regulator
The UK government appointed Katharine Braddick, a former regulator now Barclays group head of strategic policy, as the Bank of England's deputy governor for prudential regulation. Her five‑year term begins on July 1, 2026, succeeding Sam Woods. The move follows finance...
By Insurance Journal
News•Feb 27, 2026
State Farm to Issue $136M in Dividends to Louisiana Drivers
State Farm announced a $136 million dividend distribution to Louisiana personal auto policyholders, averaging $138 per vehicle. The payout follows a stronger‑than‑expected underwriting performance nationwide and a 5.8% drop in Louisiana auto premiums in 2025. The dividend will be issued this...
By Insurance Journal
News•Feb 27, 2026
US Judge Again Refuses to Allow New Hampshire to Abolish Auto Inspections
A federal judge denied New Hampshire's request to stay a court injunction that blocks the state from abolishing its vehicle inspection and maintenance (I/M) program. The injunction remains in force until the EPA approves the state's plan to meet Clean...
By Insurance Journal
News•Feb 26, 2026
San Diego Approves $6M Settlement With Insurers for Flood Damage
San Diego’s city council approved a $6 million settlement with 17 insurers to resolve subrogation claims stemming from the January 2024 floods. The payment, drawn from the city’s self‑insurance program, concludes part of a broader litigation wave accusing the municipality of neglecting...
By Insurance Journal
News•Feb 24, 2026
Mexico’s Cartel Violence Could Hit Economy and Insurance Segment: AM Best
Cartel violence erupted in Mexico after the killing of leader Nemesio Oseguera Cervantes, halting flights and disrupting tourism in Puerto Vallarta. Tourism, which contributes about 10% of Mexico’s GDP, faces short‑term setbacks and longer‑term perception risks. AM Best issued a negative...
By Insurance Journal
News•Feb 23, 2026
FIGA Moves to End 1% Assessment for Insolvent Insurer Claims 2 Years Early
The Florida Insurance Guaranty Association (FIGA) announced it will terminate the 1% emergency assessment on homeowners and commercial policies two years ahead of schedule, effective Oct. 1. The early end is attributed to a calm 2025 hurricane season, absence of insurer...
By Insurance Journal
News•Feb 23, 2026
Tech Update: Zywave Unveils 4 New AI Agents; Cytora, Warren Group Partner to Improve Commercial Property Underwriting
Zywave unveiled four AI agents in its Winter 2026 release, already deployed with more than 35 insurance firms. The agents automate prospect identification, lead scoring, research enrichment, and outreach, while new platform features add TurboRater single sign‑on and expanded Benefits CPQ...
By Insurance Journal
News•Feb 23, 2026
ECB Steps Up Scrutiny of European Banks’ AI Industry Exposure
The European Central Bank has launched a focused inquiry into banks’ exposure to the artificial‑intelligence sector, requesting detailed loan information on data‑center financing and related AI firms. Parallel workshops are probing how banks deploy generative AI, covering governance, business models...
By Insurance Journal
Deals•Feb 23, 2026
Sompo Holdings Secures Regulatory Approvals to Acquire Aspen Insurance in $3.5B Deal
Sompo Holdings Inc. received antitrust and insurance regulatory approvals to complete its acquisition of Aspen Insurance Holdings Ltd. via a subsidiary of Sompo International Holdings Ltd. The $3.5 billion transaction, first announced in August 2025, is expected to close within...
Insurance Journal
News•Feb 20, 2026
High Court Ruling on Trump Tariffs to ‘Ease Uncertainty,’ Says AM Best
The U.S. Supreme Court issued a 6‑3 decision rejecting President Donald Trump’s authority to impose sweeping tariffs, a move hailed by rating agency AM Best as a relief for the insurance sector. The court’s ruling eliminates the tariff‑related uncertainty that has...
By Insurance Journal
Deals•Feb 18, 2026
BayPine to Acquire Broker Relation From Aquiline
BayPine announced it will acquire Broker Relation, a broker relationship platform owned by Aquiline. The deal expands BayPine's capabilities in the insurance distribution market. Financial terms were not disclosed.
Insurance Journal
Deals•Feb 18, 2026
Inszone Acquires Texas‑Based Scarbrough, Medlin & Associates
Inszone, a leading insurance technology platform, announced the acquisition of Texas‑based brokerage Scarbrough, Medlin & Associates. The transaction expands Inszone’s presence in the Texas market and broadens its service capabilities. Financial terms were not disclosed.
Insurance Journal