Insurance Journal News Feed

Insurance Journal news feed

1. General Atlantic-Backed Indian Insurer Acko Eyes Up to $2.5B Valuation in IPO: Sources

   India’s Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned initial public offering and is eyeing a listing in early 2027, two people familiar with the matter said. Backed by investors including General …

2. Michigan Cleared in Lawsuit Over 2020 Dam Collapse

   The state of Michigan was cleared of liability Thursday in a disastrous 2020 dam failure that flooded communities, destroyed more than 100 homes and drained a popular lake. Court of Claims Judge James Redford acknowledged the “real and lasting damages” …

3. NFL’s Rooney Rule Meets Biggest Challenge in Trump’s DEI Crackdown

   The most-recognizable diversity policy in sports is facing the biggest challenge in its history. Florida Attorney General James Uthmeier, who has been endorsed by President Donald Trump, is calling for the end of the National Football League’s Rooney Rule, a …

4. Commercial Lines Rates Continue to Soften, Says Ivans Index

   Premium renewal rates in the first quarter 2026 decreased for all major commercial lines compared to the fourth quarter 2025, according to the Ivans Index. “Q1 sets an important baseline for 2026, with commercial rates continuing to soften as the …

5. Trend of Fewer Insurance M&A Deals ‘Bottoming Out’: OPTIS

   Insurance agency mergers & acquisitions in the first three months of 2026 were down 6% compared with the same period last year. It was the 10th consecutive quarter of deal volume below the long-term trend line but, investment banking and …