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Los Angeles-headquartered carrier Mercury has been fined $27.6mn for collecting illegal broking fees from auto insurance customers...
The US Securities and Exchange Commission (SEC) is investigating US title insurer First American Financial over a data breach that left more than 885 million...
Maiden Holdings reported a loss of $22mn in the second quarter of 2019, as the carrier said it now has “sufficient capital” to satisfy Bermudan solvency requirements...
Welcome to The Insurance Insider’s Political Risk Rankings report 2019 – a FREE taste of the highly valuable and statistically significant work our superb research team has been getting involved in...
A legacy deal agreed last September between German insurer Sovag and Axa Liabilities Managers has broken down after the time window to secure regulatory...
Applied Underwriters, a workers’ compensation carrier recently sold by Berkshire Hathaway, has been fined $3mn by New York regulators for allegedly overcharging businesses...
The trouble with regulation is that its three main pillars – conduct, prudence and competition – are in a rock, paper, scissors relationship with each other...
Atlas Financial has seen two of its Illinois-based offshoots placed into rehabilitation by the state’s office of the special deputy receiver as the troubled insurer continues to look for ways...
Who would want to run an MGA these days? In fact, the answer is quite a lot of people, actually...
Third-party claims administrators are to be subject to approval by Lloyd’s and its ongoing oversight under a new system announced today...
