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Updates

Stay informed with the latest developments from the global insurance industry. The Update category delivers timely news, policy changes, regulatory insights, market trends, and innovations shaping the future of insurance worldwide.

Stellantis Recalls 375,000 Jeep SUVs Over Fire Risk, Advises Owners to Park Outdoors

November 15, 2025November 5, 2025
Stellantis Recalls 375000 Jeep SUVs Over Fire Risk Advises Owners to Park Outdoors Stellantis Recalls 375,000 Jeep SUVs Over Fire Risk, Advises Owners to Park Outdoors

Stellantis has announced a global recall of 375,000 plug-in hybrid Jeep Wrangler and Grand Cherokee SUVs due to a battery …

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Baldwin Insurance Reports Revenue Growth, But Posts Loss in Q3

November 15, 2025November 5, 2025
Baldwin Insurance Reports Revenue Growth But Posts Loss in Q3 Baldwin Insurance Reports Revenue Growth, But Posts Loss in Q3

Baldwin Insurance Group has announced a revenue of $365.4 million for the third quarter, marking a 7.8% increase compared to …

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Tariff-Linked Lawsuits Set to Drive Surge in D&O Insurance Demand

November 15, 2025November 5, 2025
Marsh Files Lawsuit Against Former Employees Over Scheme to Launch Howden US 1 Tariff-Linked Lawsuits Set to Drive Surge in D&O Insurance Demand

A group of investors in Dow Inc. filed a lawsuit in late August accusing the chemical giant of failing to …

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Marsh Files Lawsuit Against Former Employees Over ‘Scheme’ to Launch Howden US

November 15, 2025November 5, 2025
Marsh Files Lawsuit Against Former Employees Over Scheme to Launch Howden US Marsh Files Lawsuit Against Former Employees Over 'Scheme' to Launch Howden US

Marsh, the global insurance brokerage, has filed a new lawsuit against seven former employees who are now at Howden US, …

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Hurricane Melissa Causes 30% GDP Loss for Jamaica

November 15, 2025November 5, 2025
Untitled design 64 Hurricane Melissa Causes 30% GDP Loss for Jamaica

Jamaica’s Prime Minister Andrew Holness revealed on Tuesday that Hurricane Melissa, which struck the island last week, caused damage equivalent …

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AIG Reports Strong Q3 2025 Results, Boosted by Strategic Investments and Deals

November 15, 2025November 5, 2025
Untitled design 20 AIG Reports Strong Q3 2025 Results, Boosted by Strategic Investments and Deals

American International Group (AIG) has posted impressive financial results for the third quarter ending September 30, 2025, with net income …

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LIC AAO 2025 Mains Exam: Revised Shift Timings and Reporting Schedule

November 15, 2025November 5, 2025
Untitled design 19 LIC AAO 2025 Mains Exam: Revised Shift Timings and Reporting Schedule

The Life Insurance Corporation of India (LIC) has announced revised shift timings for the LIC AAO 2025 Mains exam. As …

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Arabia Insurance and United Cooperative Assurance Explore Merger

November 15, 2025November 5, 2025
Untitled design 18 Arabia Insurance and United Cooperative Assurance Explore Merger

Riyadh — Arabia Insurance Cooperative Company and United Cooperative Assurance Company have signed a memorandum of understanding (MoU) to explore …

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Dutch Government Pauses Plan to Halve Healthcare Deductible

November 15, 2025November 5, 2025
Untitled design 17 Dutch Government Pauses Plan to Halve Healthcare Deductible

The caretaker Dutch government has decided to delay its proposal to reduce the healthcare deductible to €165 starting in 2027, …

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Baldwin Insurance Group Reports Q3 Loss but Beats Earnings Expectations

November 15, 2025November 5, 2025
Untitled design 16 Baldwin Insurance Group Reports Q3 Loss but Beats Earnings Expectations

TAMPA, Fla. — The Baldwin Insurance Group, Inc. (BWIN) has reported a loss of $18.7 million for the third quarter …

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