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Swiss Insurer Helvetia Baloise to Cut Up to 2,600 Jobs Following Merger

Dec 9 2025 // Newly created Swiss insurer Helvetia Baloise plans to cut up to 2,600 jobs in the coming years to boost profitability, a person familiar with the matter told Reuters on Tuesday.Switzerland’s largest multi-line...

BNP Paribas Raises Stake in Belgium’s Largest Insurer Ageas in Deal Worth $3.5 Billion

Dec 8 2025 // BNP Paribas plans to increase its stake in Belgium’s largest insurer Ageas to 22.5% from 14.9%, cementing its position as top anchor investor in a two-leg transaction worth 3 billion euros ($3.5 billion), the...

‘Dream Is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course

Dec 5 2025 // The message from the Florida Chamber of Commerce Insurance Summit was loud and clear: Don’t mess with legislative changes that have all but restored the state’s property insurance market.And while you’re...

People Moves: Flagg Reappointed to Texas Mutual Insurance Company Board

Dec 4 2025 // Brett Flagg Brett Flagg, of Frisco, Texas, has been reappointed to the Texas Mutual Insurance Company board of directors by Gov. Greg Abbott. His board term for Texas Mutual—a policyholder-owned company and the...

Nine Insurers OK’d to Sell Group Health to Washington Employers

Dec 4 2025 // Washington Insurance Commissioner Patty Kuderer approved nine health insurers to sell group health plans to small employers in 2026. The insurers are: Asuris Northwest Health, Kaiser Foundation Health Plan of the...

State Farm Sued Over Policies Backed by Distressed Insurer PHL

Dec 3 2025 // State Farm Mutual Automobile Insurance Co. faces a lawsuit accusing it of fraud and unjust enrichment for selling products from PHL Variable Insurance Co., which authorities say has a $2.2 billion capital shortfall that...

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