Insurance News

ST. PAUL, Minn.--(BUSINESS WIRE)--Securian Financial today announced enhancements to Variable Universal Life (VUL) Defender®, its protection-focused VUL insurance product designed to help financial professionals build protection strategies for clients living longer lives.The newest iteration of VUL Defender maintains one of the most competitive guaranteed death benefits in the market today while delivering meaningful enhancements—including competitive premiums, stronger cash value potential and...

LINCOLN, Neb.--(BUSINESS WIRE)--Travefy, the travel industry’s most widely-adopted agency and advisor technology platform, is proud to announce a direct integration of Berkshire Hathaway Travel Protection (BHTP) into the Travefy platform slated for release in late 2026. BHTP is in a select roster of travel insurance providers to be the first to integrate into Travefy, giving advisors access to BHTP travel insurance within their existing workflow. “We’re thrilled to partner with an incredible br...

SAN FRANCISCO--(BUSINESS WIRE)--Members of the Federal Home Loan Bank of Boston (FHLBank Boston) can now pledge mortgage collateral using VantageScore 4.0 credit scores, effective immediately. The decision by FHLBank Boston allows its over 400 member banks and institutions to use the VantageScore 4.0 model to score 1.5 million more consumers in New England. “The Federal Home Loan Bank system is taking a step into the future of mortgage credit scoring with VantageScore 4.0,” said Anthony Hutchin...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Apex Insurance Risk Retention Group Inc. (Apex) (Burlington, VT).The Credit Ratings (ratings) reflect Apex’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.T...

NASHVILLE, Tenn.--(BUSINESS WIRE)--Radiology Partners, Inc., a Delaware corporation (the “Company”), today announced the expiration and results of its previously announced solicitation of consents (“Consents” and such solicitation the “Consent Solicitation”) from the noteholders (each, a “Noteholder”) of the Company’s Second Lien Senior Secured PIK Notes due 2030 (the “Notes”) to adopt certain proposed amendments (the “Proposed Amendments”) to the indenture governing the Notes (the “Indenture”)...

HOUSTON--(BUSINESS WIRE)--Corebridge Financial today announced the launch of Progressive Trigger, a first-of-its-kind index annuity interest-crediting strategy designed to help customers preserve future growth potential despite a down year. Many retirement savers understand that markets do not move in a straight line and that recoveries often take time. Progressive Trigger’s built-in Memory feature is designed for this possibility, allowing eligible interest percentages to accumulate following...

NEW YORK--(BUSINESS WIRE)--Oscar Health will release its third quarter 2026 financial results on Thursday, November 5, 2026....

OLDWICK, N.J.--(BUSINESS WIRE)--Ongoing loss reserve takedowns and enhanced workplace safety measures are cited as key factors that helped lift workers’ compensation insurers to another strong year of underwriting profits in 2025, according to a new AM Best report.The Best’s Market Segment Report, “Favorable Loss Development Drives Workers’ Compensation Profits,” states that price cuts appear to be accelerating amid very competitive market conditions, suggesting that some insurers appear willing...

LONDON--(BUSINESS WIRE)--Although geopolitical tensions have intensified in the region, the Middle East and North Africa markets present good topline growth potential for reinsurers, and continue to attract international interest, according to a new AM Best report. In its Best’s Market Segment Report, "MENA Reinsurers are Focused on Profitable Growth Opportunities Despite Heightened Geopolitical and Economic Uncertainties", AM Best states that the growth potential for reinsurers is supported by...

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Verda Healthcare, Inc. is proud to announce a new partnership with AstranaCare Partners of Arizona and AstranaCare Partners of Texas. AstranaCare, through a large network of Independent Physician Associations (IPAs), enables providers to deliver high-quality care, efficiently with supportive local resources and technology tools that allow providers to focus more on patient care rather than administrative tasks. Astrana Health, the parent company, has o...