Tyler Hammel

The US federal government could face a shutdown Oct. 1 as lawmakers attempt to pass a budget bill and debate whether to extend pandemic-era increases to Affordable Care Act subsidies.

Sompo's planned acquisition of the Bermuda-based specialty insurer came less than six months after it went public and raised $397.5 million.

The Florida-focused property insurer announced on Aug. 28 it had authorized the repurchase of up to $75 million of the company's common stock.

There were 125 insurance-related deals in the second quarter of 2025 totaling $9.85 billion, compared to $6.65 billion from 123 transactions in the first quarter of the year.

Health insurers in the US have also got off to a rocky start in the third quarter after Centene announced July 2 that it had pulled its 2025 earnings guidance.

The largest deal announced in the quarter was Arthur J. Gallagher & Co.'s purchase of Woodruff-Sawyer & Co. for $1.2 billion.

The largest deal announced in the quarter was Arthur J. Gallagher & Co.'s purchase of Woodruff-Sawyer & Co. for $1.2 billion.

The largest transaction was February's sale of Legal & General's US insurance entity to Meiji Yasuda Life Insurance for $2.28 billion.

The Centers for Medicare and Medicaid Services recently said it would significantly expand its Medicare Advantage auditing efforts.

Shares in UnitedHealth bounced back from a post-fourth-quarter 2024 earnings drop, mirroring a rise seen by other health insurers.

Shares in UnitedHealth bounced back from a post-fourth-quarter 2024 earnings drop, mirroring a rise seen by other health insurers.

While the number of broker deals fell 8.5% to 119, aggregate deal value received a significant bump due to Marsh's $7.75 billion acquisition of Mcgriff Insurance Services.

The increase in share price comes amid expectations that a Republican administration could be beneficial for companies exposed to federally funded programs such as Medicare Advantage.

Shares in the health insurer tumbled more than 10% following comments from CEO Sarah London acknowledging issues surrounding Medicaid.

Chubb posted the largest CEO-to-employee pay ratio, with CEO Evan Greenberg being paid 452 times the median employee compensation of $61,188.

Andrew Witty received $23.5 million in total compensation in 2023, 352 times greater than the median salary of a UnitedHealth employee.

Andrew Witty received $23.5 million in total compensation in 2023, 352 times greater than the median salary of a UnitedHealth employee.

Analysts were upbeat on revenue even as health insurers continue to feel the impact of ongoing Medicaid redeterminations and high Medicare usage ahead of earnings season.

After being beaten down for several years, insurance technology stocks have bounced back.

The $7.6 billion deal value makes it by far the largest deal of its kind announced since at least 2017, beating only Truist’s own partial 2023 sale of 20% of Truist Insurance Holdings to the same investor group in a deal valued at $1.95 billion.