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Business Moves: BayPine to Acquire Broker Relation From Aquiline

Insurance Journal

Private equity firm Aquiline Capital said it has entered into a definitive agreement to sell independent insurance broker Relation to investment firm BayPine. Chicago-based Relation was ranked No. 24 in Insurance Journal’s Top 100 Independent P...

Posted: Feb 18, 2026

World’s Growing Civil Unrest Has an Insurance Sting

Carrier Management

World’s Growing Civil Unrest Has an Insurance Sting A category o...

Posted: Feb 18, 2026

Pinion Insurance Launches With Up to $180M Commitment From Barings

Carrier Management

Pinion Insurance Launches With Up to $180M Commitment Fr...

Posted: Feb 18, 2026

Questions Remain Despite Mandatory Driver Impairment Sensors Clearing Funding Hurdle

Carrier Management

Questions Remain Despite Mandatory Driver Impairment Sensors Clearing...

Posted: Feb 18, 2026

Bayer Investors Concerned Over Proposed Deal to Settle Roundup Litigation for $7.25B

Carrier Management

Bayer Investors Concerned Over Proposed Deal to Settle Roundup Litigation for $7.25B Bayer's shares...

Posted: Feb 18, 2026

AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers

Carrier Management

AI Claim Assistant Now Taking Auto Damage Claims Cal...

Posted: Feb 18, 2026

Verisk Downplays AI Disruption Fears as Quarterly Profit Beats Estimates

Insurance Journal

Verisk’s fourth-quarter profit topped Wall Street expectations on Wednesday, with CEO Lee Shavel touting the quality of the firm’s proprietary data sets amid concerns around AI-driven disruption to the information services business model....

Posted: Feb 18, 2026

ITRC: Data-Breach ‘Transparency Is on Life Support’

Insurance Journal

An annual report for the Identity Theft Resource Center has found that there were a record 3,322 compromises of data in in the United States 2025, but there has been a significant decline in consumer notifications. According to ITRC’s Annual &#...

Posted: Feb 18, 2026

Suncorp weighs additional reinsurance protection amid favourable conditions

Reinsurance News

With natural hazard costs rising sharply to AU$1.319 billion in H1 2026, Suncorp executives have indicated the group may revisit its use of additional protections, including the potential purchase of a new aggregate reinsurance treaty, amid increa...

Posted: Feb 18, 2026

Former KPMG international tax specialist joins Gallagher’s Private Equity and M&A practice

Reinsurance News

Gallagher, a global insurance broking and risk management company, has announced the appointment of Adriana Carvalho Assuncao, a specialist international tax and M&A lawyer, as a Director within its fast-growing Private Equity and M&A prac...

Posted: Feb 18, 2026

Inszone Acquires Texas’ Scarbrough, Medlin & Associates

Insurance Journal

Inszone Insurance Services announced its expansion in Texas through the acquisition of Scarbrough, Medlin & Associates, Inc., a Dallas-based agency with more than four decades of experience serving commercial property clients. Scarbrough, Medlin...

Posted: Feb 18, 2026

Specialty Program Group Integrates Anova Marine and Logistiq Insurance Solutions

Insurance Journal

Specialty Program Group LLC (SPG), an operator of specialty insurance distribution, underwriting, and consulting businesses, announced the acquisition of Logistiq Insurance Solutions and the subsequent integration of Logistiq with Anova Marine Insura...

Posted: Feb 18, 2026

Ohio Asphalt Companies to Pay $30M to Settle False Claim Act Allegations

Insurance Journal

Two asphalt companies have agreed to pay $30 million total to resolve False Claims Act allegations that they submitted fraudulent test results to the Ohio Department of Transportation (ODOT) for federally funded asphalt projects in Ohio. Specifically...

Posted: Feb 18, 2026

Applied Systems reports Q4’25 Canadian commercial insurance premium trends

Reinsurance News

Applied Systems, an insurance technology provider serving brokers, insurers and agencies, has released its fourth quarter 2025 findings from the Applied Commercial Index, which tracks premium rate movements across the Canadian commercial insurance...

Posted: Feb 18, 2026

Luxury Steamer Wreck Found in Lake Michigan After 60-Year Quest

Insurance Journal

Searchers have discovered the wreck of a luxury steamer that sank in a Lake Michigan gale in the late 19th century, completing a quest that began almost 60 years ago. Shipwreck World, a group that works to locate shipwrecks around …

Posted: Feb 18, 2026

BayPine to acquire US independent insurance broker Relation for AI-driven expansion

Reinsurance News

BayPine, a private investment firm, has entered into a definitive agreement to acquire Relation Insurance Services, a US independent insurance broker, from Aquiline Capital Partners LP in an undisclosed transaction. According to the announcement,...

Posted: Feb 18, 2026

Increased HR Workload Drives Employers Toward Integrated Benefits Platforms

Risk & Insurance

Nearly three-quarters of employers report increased responsibilities, prompting shift to one-stop solutions, according to The Hartford's 2026 Future of Benefits Study. The post

Posted: Feb 18, 2026

Camden Diocese’s Sex Abuse Claims Fund to Get $180 Million Boost

Insurance Journal

The Catholic Diocese of Camden, New Jersey and several holdout insurers have agreed to add $180 million to a trust fund to pay claims of survivors of sexual abuse by the church’s clergy. The $180 million is in addition to …

Posted: Feb 18, 2026

Environmental Groups Challenge Decision to Revoke Basis of Climate Regulations

Insurance Journal

A coalition of health and environmental groups sued the Trump administration on Wednesday over its decision to revoke the scientific finding that forms the basis of U.S. climate regulations. The legal challenge filed in the U.S. Court of Appeals for...

Posted: Feb 18, 2026

Capital management, portfolio quality prioritised over growth, says Conduit Re CEO

Reinsurance News

Conduit Re, a Bermuda-based global reinsurance company, has grown its top-line from nought to more than $1.2 billion in the five years since its inception, and while very robust, Chief Executive Officer (CEO) Neil Eckert told Reinsurance News that...

Posted: Feb 18, 2026

BayPine to acquire Relation Insurance Services

coverager

Financial terms were not disclosed.

Posted: Feb 18, 2026

Progressive reports 84.4% CR for January

coverager

The insurer ended the month with a combined ratio of 84.4% and net income of $1.16 billion.

Posted: Feb 18, 2026