Yearly Archives: 2025

Tokio Marine sets aside $10 billion for global expansion

Japan-based Tokio Marine Holdings Inc. plans to spend more than $10 billion on global acquisitions to expand its international business, Life Insurance International reports,citing Bloomberg. The insurer aims to reduce its U.S. earnings share from 80% to about 70% by...

Young drivers in Ontario paying thousands more for car insurance

Car insurance in Ontario is hitting young drivers the hardest and there’s data to back it up. A recent conversation with Daniel Ivans, an expert at Rates.ca, shed light on why drivers in their early 20s could be...

Newsom signs bills to strengthen oversight of state’s insurer of last resort

Gov. Gavin Newsom signed legislation Thursday intended to bolster California’s property insurer of last resort, which was hit hard by January’s wildfires.The package of bills attempts to ease the California FAIR Plan’s financial woes while also...

Friday is payday for fed employees. What does it mean for Washington workers?

Some federal workers will miss their first full paycheck Friday amid a government shutdown that began Oct. 1. The government standoff affects nearly 80,000 federal employees in Washington state, many still reporting to work. It’s not immediately clear how many...

Sapiens partners with Linqura to integrate AI-powered underwriting for P&C insurers

Sapiens International Corporation, an intelligent insurance SaaS-based software solutions company, has announced a new partnership with Linqura, a provider of sales and underwriting intelligence solutions for the commercial insurance industry. This partnership aims to empower P&C insurers to profitably...

Maine drivers pay lowest auto insurance premiums in US, experts say

Maine offers the lowest auto insurance premiums in the nation at $926 annually, according to the National Association of Insurance Commissioners. ...
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