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News
X Money Rolls Out Up to $10M FDIC Coverage for Premium+
2+ mon, 2+ week ago (27+ words) X is offering X Money to select Premium+ users with a cash sweep program that extends FDIC insurance up to $10M; public launch planned for mid-2026....
Specialty Life Inc. agrees to licensing conditions and administrative penalties
3+ mon, 1+ day ago (94+ words) The Globe and Mail Specialty Life Inc. agrees to licensing conditions and administrative penalties TORONTO, June 11, 2026 /CNW/ - The Financial Services Regulatory Authority of Ontario ("FSRA"), Specialty Life Inc. ("SLI") and Insurance Supermarket Inc. ("ISI") have agreed to conditions on their…...
PRA takes action on UK insurers' use of funded reinsurance
4+ mon, 1+ week ago (478+ words) The Bank of England regulates and supervises insurers through the PRA. Credit: iStock The plans – set out in a consultation published today (29 April) – would see funded reinsurance being treated more like other investments that UK life insurers hold, ending what…...
Foresters Financial revamps Accelerated Underwriting program, increasing limits to $2 million and expanding eligibility
4+ mon, 2+ week ago (308+ words) Apr 28, 2026, 10:00 ET Underwriting has traditionally been one of the slowest, most rigid parts of the life insurance process. Foresters is changing that, with an enhanced AUW program that allows even more applicants to go fluidless, eliminating unnecessary steps and speeding…...
Insurers call on EU leaders for a genuine simplification package for financial services: Insurance Europe
5+ mon, 3+ week ago (176+ words) 18th March 2026 - Author: Beth Musselwhite - Ahead of the March European Council, insurers have called on EU leaders to deliver a genuine simplification package for financial services, including a Financial Services Omnibus, that achieves visible and measurable reductions in regulatory burdens, according…...
P/C Statutory Results: The Highs and The Lows
6+ mon, 47+ min ago (225+ words) A new report from S&P Global Market Intelligence is filled with information about record line-of-business loss ratios achieved in 2025—with some property/casualty lines coming in at record lows, and others reaching record high levels. Not surprisingly, the highs…...