Third Point’s Dan Loeb Wins Vote to Turn London-Listed Fund Into Reinsurer

Dan Loeb has won a vote to turn his UK investment trust into a life and…

Australia Pension Fund Mercer Sued Over Customer Disclosures

Australia’s financial regulator is suing A$70 billion ($46 billion) pension fund Mercer Super, accusing it of…

CNA’s $120M Contribution Finalizes Rochester Diocese Claims Fund

The Catholic Diocese of Rochester, its insurers, and survivors of clergy sexual abuse have agreed on…

Newsom Seeks $18B for Utilities’ Wildfire Fund as California Faces Future Blazes

California Gov. Gavin Newsom is circulating a legislative proposal to shore up a state fund for…

Michigan Suspends 2 Title Insurance Agents Over Escrow Fund Mismanagement

The Michigan Department of Insurance and Financial Services this week announced the suspension of two title…

A Closer Look at the $50 Billion Rural Health Fund in the New Reconciliation Law

On July 4, 2025, President Trump signed a budget reconciliation bill into law that includes significant…

Texas Agencies Missed Opportunities to Fund Flood Warning System

Over the last decade, an array of Texas state and local agencies missed opportunities to fund…

Massachusetts High Court Orders Workers’ Comp Trust Fund Payments

In two separate rulings, the Massachusetts Supreme Judicial Court has found that an insurer in runoff…

Hedge Fund Strategy Built on Catastrophes Taps a Hot New Trend – Parametrics

One of the most successful hedge fund strategies of recent years — insurance-linked securities — is…

Georgia Insurance Office Uses Appointment Fees to Help Fund New Elevator Inspectors

Elevator inspections in Georgia have been an issue for years, exacerbated by the death of an…