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Truist insurance biz stake sale portends more M&A or IPO, analysts say

Truist Financial Corp.'s sale of a minority stake in its insurance arm has left the Street wondering what move the company will make next. Last month, Truist agreed to sell a 20% stake in Truist Insurance Holdings Inc. to funds managed by...

Pune techie duped of Rs 4.8 lakh in online insurance fraud | Pune News

PUNE: A 36-year-old software engineer from Chikhali lost Rs4.83 lakh to cybercrooks, who posed as officials from a private insurance company and the Insurance Regulatory and Development Authority (IRDA). The fraud took place between June and December last year. After a complaint application...

Republican lawmakers move to purge ESG movement from insurance companies

Republican lawmakers in several predominantly red states introduced bills to purge the insurance industry of the ESG movement. ...

After sizable surplus slide, Calif. auto insurer reiterates rate hike urgency

Weeks after warning that the lack of rate increases on its California private-passenger auto book "puts ability to continue business at risk," Wawanesa General Insurance Co. issued additional context as to its prospective financial challenges in its annual statutory statement. ...

United Insurance Holdings Moves Forward With Specialty Commercial Business: CEO

New You can now listen to Insurance Journal articles!United Insurance Holdings Corp. Corp. said it will move on to focus on specialty commercial lines business following news last month that its subsidiary United P&C Insurance...