American National halts life policy sales amid strategic business shift

Zurich’s business updates for Q1  The Retail segment also reported a rise in gross written premiums of 11% in US dollars. Rate changes of 5% in the first quarter, coupled with pricing adjustments in motor and property lines, along with the integration of AIG’s global personal travel insurance and assistance business, supported the increase. Underwriting…

In April, Centene’s subsidiary, SilverSummit Healthplan was selected by the Nevada Department of Health and Human Services to continue providing Medicaid services, including the expansion of Medicaid Managed Care into rural and frontier areas. The contract, set to begin in January 2026, has a five-year term, with an option for a two-year extension. Source link

The acquisition is one of several moves World has made as it looks to increase deal volume and expand geographically. In late 2024, the firm also acquired Archambault Insurance Associates, a third-generation family-owned agency serving clients in Connecticut, Rhode Island, and Massachusetts. Founded in 1928, Archambault provides personal, commercial, life and health, and surety insurance….

“Insurers must prioritise transparency in AI-driven decisions, particularly among those who perceive bias in the tools, such as providing negative claim outcomes. Some consumers will have data privacy concerns, while others will simply just prefer interacting with a human,” she said. Source link

At the end of the quarter, Brighthouse reported common stockholders’ equity, or book value of $3.5 billion, or $61.17 per common share. Excluding accumulated other comprehensive income (AOCI), the company’s book value stood at $8.2 billion, or $141.87 per share.  Source link

Gallagher has released its Q1 2025 edition of Plane Talking, offering a detailed assessment of aviation insurance market conditions, claims activity, and underwriting sentiment across sectors including airlines, aerospace manufacturers, general aviation, and space. Source link