Isha Marathe

Canadian P&C ​insurer Definity Financial reported a second-quarter operating earnings beat, despite results that included ‌a one-percentage-point deterioration in its combined ratio to 93.9%.

Seven P&C insurance industry companies have floated since last year, producing sufficiently positive but uneven returns, with analysts suggesting the initial public offering pipeline is active even as the market’s pricing tailwinds lose momentum.

Trisura ‌Group reported a 0.7-point improvement in its second-quarter 2026 combined ratio to 84.9%, while operating earnings of $0.76 per share were in line with the ​consensus estimate of nine analysts.

HCI Group's share price surged 10% early Friday as investors reacted positively to a comfortable second-quarter earnings beat and management commentary pointing to renewed organic growth, lower reinsurance costs and resilient margins despite a softening Florida market.

Octave Specialty Group shares fell 12.9% on Friday after company management revealed on its Q2 2026 earnings call that the company was revising its guidance for full-year 2026.

A former AssuredPartners producer sued former CEO Randy Larsen and Gallagher, raising the prospect of a class action on behalf of more than 400 producers who she alleged were falsely promised Gallagher stock to prevent them from leaving during the $13.45 billion acquisition of the brokerage.

Marsh McLennan Agency (MMA) has agreed to acquire Iowa-based Accel ​Holdings, an independent insurance and advisory ‌firm with 130 employees.

Securities class action settlement costs surged to $2.1 billion in the first half of 2026, with an increasing share of cases producing payouts above $50 million, a new Gallagher report has found, underscoring that elevated D&O litigation severity is unlikely to reduce in the second half of the year.

AIG lost a key ruling in its fight with former executives at AIG Financial Products (AIGFP), after a Delaware bankruptcy judge found that roughly $37 billion in funding the unit received after the 2008 recession was equity rather than debt, setting up a potential appeal as the trial enters its second phase.

A Florida federal court judge has denied Hub International's request for a temporary restraining order against its former producer ​Justin Sorensen, now at Alliant, accusing him of violating a ‌non-solicitation agreement.