The overseas investment arm of China’s Ping An Insurance (Group) Company is reconsidering its exposure to the US as the Iran war fuels waves of volatility. The conflict in the Middle East has upended global markets over the past few weeks, dragging down global equities, pushing US yields to their highest level in months and sparking wild moves in the price of oil. It has also encouraged one of China’s biggest insurers to rethink how it approaches the world’s largest economy. “The key question for me to consider is how much and whether you continue to deploy capital into the…
Author: Awais
Could a market that facilitates millions in wagers on how many times Vice President JD Vance claps during a State of the Union address, or whether Elon Musk will finally be unmasked as Satoshi Nakamoto—the elusive, pseudonymous creator of bitcoin—actually provide a serious hedge for global insurers? Although the insurance industry has always been in the business of calculating the odds, it has long been uneasy with the optics of betting. But as prediction markets like Polymarket and Kalshi seize global headlines with such high-volume wagers, a provocative question is stirring: If these platforms can price the hyper-specific behavior of…
A south Florida FedEx driver, now a quadriplegic after a vehicle crash in 2019, may need constant care and may benefit from a trip to see family members in New York. But the employer and the workers’ compensation insurer should not have to foot the bill for the trip, a Florida appeals court decided last week. Florida’s 1st District Court of Appeals, which handles workers’ comp claims appeals, overturned a judge of compensation claims ruling from 2025. The compensation judge, Jack Weiss, found that a family trip, with attendants and extensive medical equipment, was not actually medically necessary. But the…
On a trip to Dubai two years ago to review luxury hotels, I found myself at a beach-club brunch surrounded by people with British accents. Groups were debating the merits of different corners of the Clapham neighborhood. If not for the sunshine and the skyline, I could have been home in London. That’s by design. For more than two decades, Dubai has sold itself to Brits as a shinier alternative to Spain: winter sun without the drizzle — and without income tax. From the 1999 debut of the iconic sail-shaped Burj Al Arab hotel to the world’s largest man-made island,…
Hyundai Motor said on March 20 it has reports of four minor injuries because rear power seats in new Palisade SUVs may trap a person as sales remained halted after an incident earlier this month in which a two-year-old girl was killed in Ohio. Hyundai said on March 17 it was recalling 68,500 new Palisade SUVs in the United States and Canada over an issue with power seats following the child’s death on March 7. The South Korean automaker said last week that sales of its 2026 model Palisade Limited and Calligraphy trims had been halted indefinitely. It said the…
The website used by an Iranian government-linked hacking unit that claimed responsibility for a March 11 cyberattack on a U.S. medical device maker was back up and running a day after the FBI and Department of Justice seized its internet domains. Four domains associated with “Handala Hack Team” had been seized, the Department of Justice said on Thursday. Handala is one of several public personas used by a hacking unit operating under Iran’s Ministry of Intelligence and Security (MOIS) as part of the agency’s psychological operations, the DOJ said. On March 20, Handala said in a post on its website…
An airport in a dusty and remote corner of rural Spain has once again become a parking lot for aircraft stranded in Europe, this time due to the war with Iran, which has forced countries to close their airspace and airlines to reroute flights. State-owned Teruel airport in eastern Spain, which normally serves as one of Europe’s largest aircraft maintenance and storage hubs, had around 140 planes park there over two years during the COVID pandemic. Now its dry, salt-free climate, which lends itself to preserving planes, is being sought again by airlines whose timetables have been scrambled and are…
Targets and tactics: beyond the immediate conflict zone The most exposed sectors map closely to classes that already attract heavy cyber and property‑cat capacity — energy and utilities, financial services with Middle Eastern links, aerospace, defense and logistics, healthcare, cloud and telecoms, and critical national infrastructure such as water utilities. Opportunistic targeting means organizations with no direct connection to Israel, the US or the conflict can still be hit, particularly if they are high‑profile or symbolically significant.
Scomed was given multiple opportunities to respond over three hearings but largely declined to present its own arguments or evidence. Hartford, meanwhile, introduced exhibits – all of which came from Scomed’s own counsel – showing that Scomed’s business model revolved around stocking and selling commonly prescribed products. These included pages from Scomed’s website and Facebook page, a state Department of Health certification, and a Medicare accreditation as a supplier of Durable Medical Equipment, Prosthetics, Orthotics, and Supplies, or DMEPOS. Hartford argued that these documents only reinforced the distinction between a health care provider and a medical supplier.
Substitute House Bill 2428, passed unanimously by both chambers of the 69th Legislature during the 2026 Regular Session, adds new notification obligations for insurers issuing individual life insurance policies in the state. The House approved the measure 94-0 on February 12, 2026, and the Senate followed with a 48-0 vote on March 4, 2026. The bill was originally sponsored by Rep. Mari Leavitt, Rep. Kristine Reeves, and Rep. Lisa Parshley, and advanced through the House Consumer Protection & Business committee.
TAG sued Shackelford and Passe shortly after, on February 24, 2025, alleging breach of contract, trade secret violations, tortious interference, unfair trade practices, civil conspiracy, and money owed. The defendants fired back with counterclaims against TAG and its president, Edward Lee Shackelford, accusing the company of engaging in improper tactics to recapture clients.
R&W is witnessing a recovery with North America experiencing the most pronounced pricing increase
The capital-light approach enables insurance businesses to separate capital from origination, underwriting, and servicing functions, transforming them into balance sheet-light asset managers. This allows platforms like Accelerant to generate fee-based revenue while reducing the need to deploy their own balance sheet.
Results come as the company pivots toward scaling permanent capital vehicles following its 180 Degree Capital merger