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Unum Group today reported net income of $232.0 million for the first quarter of 2026, compared to net income of $189.1 million for the first quarter of 2025.. Included in net income for the first quarter of 2026 is a net after-tax investment loss on the Company’ s investment portfolio of $4.0 million and the Closed Block segment after-tax adjusted operating…

Porch Group, Inc., a new kind of homeowners insurance company, today reported first quarter results through March 31, 2026, that exceeded our expectations. Porch generated for shareholders 1 first quarter 2026 revenue of $109.4 million. Net loss attributable to Porch was$ million, and Adjusted EBITDA was $19.7 million.“ Porch Shareholder Interest” includes the…

Counterpart, the specialty insurance company built for the AI era, today announced the close of its $50 M Series C financing round led by Valor Equity Partners, with continued participation from existing investor Vy Capital. The round brings Counterpart’s total funding to $106 million. The U.S. Equal Employment Opportunity Commission fielded nearly 270,000…

Watercress Financial, a leading provider of home improvement financing solutions, today announced a $550 million forward flow partnership with multi-asset-class investment firm 26 North Partners LP, which will purchase loans originated through Watercress Financial’s national contractor network. As demand for home improvement payment plans grows,…

The following information was released by the U.S. House of Representatives Committee on Financial Services:. Subcommittee Chairman Flood questioned witnesses on how the U.S. views catastrophic risk, to which Mr. Anthony Vidovich, Executive Vice President and General Counsel, Everest Group, replied, "The reinsurance industry is quite vibrant.

NEW YORK& MIAMI—- Agam Capital, a global leader in insurance-related asset and liability analytics, and 1823 Partners LLC, a differentiated asset management firm focused on insurance-first investment strategies, today announced that they have formed a long-term strategic partnership to serve global insurance companies. Anant Bhalla, Co-Founder and CEO of…

Principal Financial Group ® announced results for first quarter 2026.. RIS transfer deposits of $12 billion, up 35% Investment Management gross sales of $37 billion increased 21% International Pension record AUM of $160 billion increased 20% Specialty Benefits record sales of $213 million increased 24% Life Insurance business market premium and fees…

W. R. Berkley Corporation today announced the appointment of R. Christopher DeLauder as president of Berkley Environmental. Mr. Berger will support the Berkley Environmental team through the transition and remain a key member of W. R. Berkley Corporation management engaged in other initiatives and activities. Commenting on the appointment, W. Robert Berkley, Jr.,…

Universal Insurance Holdings reported first quarter 2026 results. Net income available to common stockholders was $54.3 million, compared to net income of $41.4 million in the prior year quarter, and adjusted net income available to common stockholders was $57.8 million, compared to adjusted net income of $41.4 million in the prior year quarter.

The Hartford today announced financial results for the first quarter ended March 31, 2026. The Hartford’s Chief Financial Officer Beth Costello said,“ Business Insurance delivered another strong quarter, with 6 percent written premium growth and an underlying combined ratio of 89.2. In Personal Insurance, the underlying combined ratio improved 4.7 points,…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of ASSA Compañía de Seguros S.A.. ASSA is a subsidiary of ASSA Compañía Tenedora, S.A. and is owned ultimately by Grupo ASSA, S.A., a financial service holding company publicly traded on the Panama Stock Exchange. ASSA is a Panama- based insurer established in 1980…

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Reaseguradora América SPC Ltd.. The outlook of these Credit Ratings is stable. RAM Re is a subsidiary of ASSA Compañía Tenedora, S.A. and owned ultimately by Grupo ASSA, S.A., a financial services holding company publicly traded on the Panama Stock Exchange.

The rating upgrades for Louisiana reflect its 100% reinsurance quota share agreement with Southern Farm Bureau Casualty Insurance Company, the lead member of Southern, which was executed successfully, effective April 1, 2026. On that same date, Louisiana demutualized and converted to a stock company, and Southern Casualty purchased all the stock of this…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Shinkong Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect Shinkong Insurance’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile…

AM Best has assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of“ bbb-” to Ocean Marine Indemnity Company. OMI is a Louisiana- domiciled ocean marine insurer that writes hull& machinery and protection& indemnity coverage for commercial maritime operators, primarily in Louisiana and the Gulf Coast. The company derives substantially…

Heightened killings by terrorists across Nigeria has made it imperative for the federal government to have a re-think on insurers' request for collaboration to provide terrorism insurance cover for Nigerians writes Ebere Nwoji. But Nigeria and some other countries were less concerned about what to do to prevent that from happening or to cover the damages…