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Florida Lawmakers Weighing Insurance Industry Changes

Florida legislative leaders, facing increasing pressure from the public and the press, this week pledged to investigate property insurers’ financial structures. And bills filed before the 2025 Legislature began this week also would require executive...

Safeco and Liberty Mutual snared in homeowners hail case by branding, letterhead

However, the court ruled that the claim for bad faith could proceed. Oklahoma law recognizes...

Florida launches investigation into insurance companies’ alleged profit concealment

An investigation is underway right now in Florida to determine whether insurance companies hid profits while going bankrupt.Gulf Coast News first told you about this report last week. Now, it's got the attention of state...

Jackson National Life Insurance Company 2024 annual statutory statement – Insurance News

ANNUAL STATEMENT FOR THE YEAR 2024 OF THE JACKSON NATIONAL LIFE INSURANCE COMPANY 1 2 3 4 5 6 7 8 9 Other Lines of YRT Mortality Total Individual Life Group Life Individual Annuities Group Annuities Accident and Health Fraternal Business Risk Only 1. Premiums and annuity considerations for life and accident and health contracts ............17,595,753,800 .................344,785,245 .................... 1,782,491 ............ 16,894,301,754 .................354,884,310 ................................. 0 ................................. 0 ................................. 0 ................................. 0 2. Considerations for supplementary contracts with life contingencies ..........................

Aon acquires Mitsubishi Chemical Group’s in house insurance business in Japan

Global insurance and reinsurance broker Aon completed its acquisition of Mitsubishi Chemical Group’s (MCG) in-house insurance agency business on March 1, 2025. The in-house insurance agency business operated as part of Dia Rix, the in-house business services provider to MCG group companies. Aon will provide...