Insurance News

TORONTO--(BUSINESS WIRE)--As Canada’s largest network of women in finance, VersaFi initiates a study on the factors influencing careers in principal risk-taking roles....

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that it will host a conference call to discuss its second-quarter 2026 earnings results on Thursday, July 23, 2026, at 11 a.m. EDT. The call will follow the release of the company’s earnings results for the second quarter of 2026, which is schedul...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Declares Regular Cash Dividend...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of BNY Trade Insurance, Ltd. (BNY Trade) (Hamilton, Bermuda) and The Hamilton Insurance Corp. (Hamilton) (Melville, NY). The outlook of these Credit Ratings (ratings) is stable. The ratings of BNY Trade reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business p...

LONDON--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Orient Insurance PJSC (Orient) (United Arab Emirates) [UAE] and its subsidiaries, Orient Insurance Company - Egypt (Orient Egypt) (Egypt) and Orient Takaful PJSC (Orient Takaful) (UAE). The outlook of these Credit Ratings (ratings) is stable. These companies collectively are referred to as Orient or the group.The ratings reflect Orient’s bala...

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Marsh (NYSE: MRSH) today declared a 10% increase in the quarterly dividend from $0.900 to $0.990 per share on outstanding common stock, payable on August 14, 2026, to stockholders of record on July 23, 2026. About Marsh Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of $27 billion and more than 95,000 colleagues,...

VANCOUVER, British Columbia--(BUSINESS WIRE)--PGI Canada Ltd., in partnership with Purbeck Insurance Services and Markel International Insurance Company Limited (Canadian Branch), today announced the launch of PGicover, Personal Guarantee Insurance, for Canadian business owners entering into loan agreements. PGicover is designed to help business owners better understand and manage the personal financial exposure associated with personal guarantees, which are commonly required by lenders as part...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Accelerant Insurance Europe SA (AIE) (Belgium), Accelerant Insurance UK Limited (AIUK) (United Kingdom), Accelerant Specialty Insurance Company (ASIC) (Little Rock, AR), Accelerant National Insurance Company (ANIC) (Little Rock, AR), Accelerant Insurance Company of Canada (AICC) (Canada), Accelerant Re (Cayman) Ltd. (ARKY) (Cayman Isl...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bbb+” (Good) from “bbb” (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Florida Family Insurance Company and its subsidiary, Florida Family Home Insurance Company, which together make up the two pool members of Florida Family Group (Florida Family). The outlook of the Long-Term ICRs has been revised to stable from positive, while the outlook of the FSR is stable....

NEW YORK--(BUSINESS WIRE)--KBRA releases research examining a case study for the commercial mortgage-backed securities (CMBS) sector, which focuses on servicer holdbacks and their impact on CMBS waterfalls. A servicer holdback is an amount withheld by the master servicer or special servicer from proceeds that would otherwise be distributed to CMBS certificateholders. Holdbacks are intended to ensure funds are available to pay future servicing costs, anticipated expenses, or unresolved obligatio...