Every March, our industry gets a moment to pause and recognize the women shaping insurance—not just through leadership and advocacy, but through the economic power they generate every day. Women are driving business creation, influencing commercial buying decisions, and shaping household financial choices at unprecedented levels. If 2026 is the year of Give to Gain, the message is simple: when we invest in women, the entire industry benefits. (Editor’s Note: International Women’s Day was March 8.) Women-Owned Businesses: The Opportunity Women continue to create nearly half of all new businesses each year, a trend that has held steady for multiple…
Author: Awais
The U.S. Justice Department is rolling out a policy across divisions to encourage companies to report criminal misconduct in exchange for reduced penalties and other benefits, according to a DOJ memo shared with Reuters on Tuesday. The policy, similar to one already offered by the DOJ’s criminal division in Washington, would for the first time apply across U.S. attorneys’ offices and divisions, except for antitrust cases. The change marks an effort to address criticism that cooperation benefits have been inconsistent in the past. The new policy, detailed in a memo published on Tuesday, will offer tiers of reduced penalties for…
RenaissanceRe is pushing back against the idea that the January 1, 2026 renewals mark a return to pre‑hard‑market softness in property catastrophe. While prices fell at 1/1, executives from the firm stressed that the structural changes of the last two years, higher retentions and tighter terms & conditions, have been preserved, which ultimately supports risk adjusted returns.Speaking during the reinsurer and third-party reinsurance capital manager’s Q4 2025 earnings call, CEO Kevin O’Donnell flagged that while property cat rates decreased at the January renewals, structures still held up. It’s a positive signal for investors in the firm’s range of reinsurance joint-venture…
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The outstanding market for collateralized reinsurance sidecar structures has expanded rapidly, with estimates from rating agency AM Best valuing the space between $16 billion and $18 billion, which marks an 183% increase over the mid-point of the $5 billion to $7 billion range estimated by the agency in 2023.The rating agency has published a detailed new report on catastrophe bonds and insurance-linked securities (ILS), which also examined the recent growth that’s been seen across the sidecar market in recent years too. “The sidecar segment of the ILS market expanded materially in the past couple of years. The sidecar market is USD…
The agreement ends a messy dispute that began when the telehealth firm attempted to sell a compounded form of Novo’s Wegovy pill at a cheaper price.
Rising risk complexity fueling specialty growth Despite intensifying competition, Johnson expects specialty insurance markets to continue expanding as businesses face increasingly complex and interconnected risks. “I expect global specialty markets to keep growing, driven by external risk factors like climate change, an increase in secondary perils, social inflation, advancements in AI, and emerging cyber risks,” she said.
Farrell Brenner and Angela Y. Zhang Eight-year-old Jonah woke up one May morning with a swollen face and a toothache. He refused the pain medication that his mom, Geneva Reynolds, tried to give him. He didn’t sleep or eat and cried constantly. Within a few days, Reynolds became so desperate that she and her husband had to physically restrain Jonah, dumping pain medication down his throat as he screamed in pain. “It broke our hearts,” said Reynolds, who lived in Georgetown, Kentucky, at the time. “And I remember just thinking that it shouldn’t have to come to that.” Reynolds couldn’t…
SageSure, the specialist catastrophe-exposed property managing general underwriter (MGU), has sponsored its second collateralized reinsurance sidecar, securing $200 million of protection from a Seawall Re II Ltd. transaction.In July 2025, we reported that SageSure had sponsored its debut reinsurance sidecar transaction under the Seawall Re Ltd. vehicle, securing $50 million of third-party retro support from investors for its captive reinsurance vehicle Anchor Re. In turn that protection cascades down to benefit a number of SageSure linked underwriting entities. It’s not immediately clear if the same is true of this second sidecar arrangement is structured the same, to provide retrocession to…
Artificial intelligence is swiftly evolving, forcing regulators to figure out how to oversee a technology that can act autonomously and potentially improve itself, experts said at the HIMSS conference in Las Vegas.
Until recently, a call coming into the Danbury Fire Department meant alarms and tones immediately blasting at high volume — startling the firefighters before they headed out to scenes that could get their hearts pumping even faster. Capt. Kevin Lunnie said the effect could be “overwhelming.” He noticed a big jump in his heart rate when the alerts went off, which isn’t a good thing in a profession where heart problems are the leading cause of on-duty deaths. But the city is now taking a gentler approach. A new system that went online in September includes alarms that start softer…
Inszone Insurance Services announced its acquisition of Jaffery Insurance & Financial Services, an independent insurance agency based in Omaha, Nebraska. This acquisition marks Inszone’s entrance into the Nebraska market and strengthens the company’s growing presence in the Midwest. Founded in 2019 by Cyrus Jaffery, Jaffery Insurance quickly established itself as one of Nebraska’s fastest-growing agencies, specializing in personal lines with a focus on home and auto coverage. Clients of Jaffery Insurance & Financial Services will continue to work with the same trusted agents while benefiting from Inszone’s expanded carrier access, advanced tools, and nationwide support. Topics Mergers & Acquisitions Was…
Private Insurance The Affordable Care Act (ACA) requires most private health plans (group and individual) to cover, without cost sharing, the full range of FDA-approved contraceptive methods, which includes oral contraceptive pills. The ACA tasks the Health Resources and Services Administration (HRSA) with coverage requirements for a range of preventive services for women, which now includes contraception, that must be covered by insurance. Right after the ACA was passed, HRSA tasked the Institute of Medicine (IOM) to identify gaps in preventive recommendations. This committee identified contraceptive services and supplies as one of the eight gaps in preventive health services to…
WalkerHughes Insurance announced its continued expansion in Missouri with the acquisition of Hometown Insurance Agency LLC, located in Independence, Missouri. This partnership marks WalkerHughes’ entry into the Kansas City metropolitan area. Hometown Insurance Agency has established a reputation for personal service, long standing relationships, and a deep commitment to the Independence community. Team members from Hometown Insurance Agency will remain with the firm, ensuring a seamless transition for clients, partners, and employees while maintaining the agency’s local presence. WalkerHughes is a privately held, founder led retail insurance brokerage headquartered in Indianapolis, Indiana. Topics Mergers & Acquisitions Missouri Was this article…