Delaware regulator highlights carriers possibly overextending step therapy exceptions for biologics

Delaware’s insurance regulator is stepping in to clarify rules around step therapy exceptions, especially when it comes to biologic drugs. On March 24, 2026, the Delaware Department of Insurance issued a bulletin aimed at all insurers and health plans regulated under the state law. The notice highlights concerns that some carriers might be stretching exceptions … Read more

Commercial Multiple Peril Market Outlook for 2026 and Beyond: Fragmentation, Costs, and State-Level Risk Factors

Insurance Business has unveiled an updated Commercial Multiple Peril (CMP) Competitor Analysis, offering a fresh look at one of the insurance industry’s most varied and challenging sectors. This new report covers market shifts from 2014 to 2024, examining over 260 insurers and highlighting where the market is growing, shrinking, or holding steady. The CMP line … Read more

Corebridge and Equitable agree to $22 billion merger

Corebridge Financial and Equitable Holdings are joining forces in a deal worth about $22 billion. This all-stock merger will create one of the biggest retirement, life insurance, and asset management companies based in the US. The combined company will serve over 12 million customers and manage around $1.5 trillion in assets. Both companies’ boards have … Read more

Largest Retirement Community in the World Turns to Municipal Market to Fund Additional Housing Development

Florida’s Villages, the world’s largest retirement community, is growing bigger. The sprawling 57,000-acre development is raising nearly $130 million through a high-yield municipal bond deal to build more than 2,800 new homes and new amenities. Located in one of the fastest-growing metro areas in the U.S., The Villages has become a popular spot for Baby … Read more

Why Insurance Has Become Highly Specialized

Emily McGinn from Vertafore recently joined Insurance Business TV to talk about the growing trend of hyper-niche insurance markets. She explained why companies are focusing on very specific areas within insurance and what skills they need to succeed in these narrow fields. These include strong underwriting knowledge and the ability to analyze data effectively. The … Read more

Terrorism cover enters a new era marked by indistinct threats

The rising conflict between the US and Iran is pushing up terrorism risks, making it harder to tell the difference between acts of terror and civil unrest. A new report from Marsh reveals that attacks are no longer just about damaging property. Instead, they involve more varied and unpredictable threats like political violence, cyberattacks, and … Read more

EY warns that the surge in Physical AI will cause greater disruption for insurers than generative AI.

Physical artificial intelligence, which includes technologies like self-driving cars and humanoid robots, is set to change the insurance world in big ways. Chris Raimondo, the insurance consulting leader for the Americas at EY, says this shift might have a bigger impact on insurance than the digital AI tools many companies use today. Spending on AI … Read more

Top Agency to Work For – South Central Region: Higginbotham

Higginbotham, a Fort Worth, Texas-based insurance agency, has built a strong reputation as one of the best independent agencies to work for, thanks largely to its unique approach to hiring and company culture. For 35 years, the firm has enjoyed an average annual growth rate of 21%, an impressive feat in the insurance industry that … Read more