1 month 3 weeks ago
Two veteran Florida insurance agency owners have launched a growth platform for agencies, aimed at helping them build better businesses, carrier relationships and lead generation. Kingdom Growth Partners, based in Jacksonville, is led by David Wilson, national director with American …
1 month 3 weeks ago
Incurred losses and expenses in California workers’ compensation in calendar year 2025 were $15.7 billion, or 102% of earned premium, up from 99% of earned premium in 2024. The Workers’ Compensation Insurance Rating Bureau of California released the 2025 California …
1 month 3 weeks ago
Many Mid-Atlantic U.S. businesses aren’t done raising prices due to President Donald Trump’s slate of import tax increases, new research from the Federal Reserve Bank of New York, released on Wednesday, said. “Our latest regional business surveys reveal that nearly …
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1 month 3 weeks ago
Trucordia acquired the assets of Dominion Insurance Services Inc. in California. Dominion is a boutique brokerage with a specialty focus in lawyers professional liability and other professional liability lines. Related: Trucordia Acquires Illinois’ Hecht-Stout Insurance Agency Trucordia is the group …
1 month 3 weeks ago
Gov. JB Pritzker signed artificial intelligence legislation modeled after similar bills in California and New York on Monday, furthering a push for a state-driven national framework in lieu of federal regulations. “Congress and the president ought to be passing similar …
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1 month 3 weeks ago
The Texas Senate Committee on Health and Human Services held a public hearing Tuesday to gather information that will shape future legislation on THC products sold in the state. Lawmakers made arguments against THC that harkened back to the days …
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1 month 3 weeks ago
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a” (Excellent) of OMS National Insurance Company, …
1 month 3 weeks ago
Brown & Riding this week announced the launch of its new national Private Client Practice, a specialty practice area focused on affluent personal lines risks. The practice is led by Courtney Kerr, a seasoned private client professional, and backed by …
1 month 3 weeks ago
HDI Global (HDI) said it has strengthened its underwriting leadership team in the U.S. with the appointments of Bevan Greibesland as chief underwriting officer, specialty lines, and Bruce Griffin as chief underwriting officer, long tail lines. Greibesland joined HDI in …
1 month 3 weeks ago
Mayor Michelle Wu announced that the city of Boston, on behalf of Boston Public Schools (BPS), has filed a lawsuit against Meta and other social media companies, including TikTok, Snapchat, and YouTube, alleging that these platforms deliberately target minors with …
1 month 3 weeks ago
London marine insurers have been seeing fewer inquiries for journeys to transit the Strait of Hormuz and some said the cost of cover had risen, in a sign of growing caution from shipowners as the US and Iran exchange attacks. …
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1 month 3 weeks ago
A California bill to enable carriers to offer auto insurance discounts for good driving behavior is making its way through state Legislature. Assembly Bill 311 would amend the state’s bedrock insurance law, Proposition 103. The bill, the Consumer Driving Data …
1 month 3 weeks ago
About a year after launching, Honda Insurance Solutions is no longer in operation. Editor’s Note: Updated late July 9 to include a statement from American Honda Finance Corporation (AHFC). Started as a licensed insurance agency for Honda and Acura owners …
Chad Hemenway
1 month 3 weeks ago
Executive summary: Once seen as niche, the iGaming, or the online gambling and sports betting industry, has come of age — now a regulated global market, expanding rapidly and attracting mainstream attention. In this article, Elizabeth Grima of the specialty …
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1 month 3 weeks ago
Australia’s Steadfast said on Thursday that Amwins Group and Dragoneer Investment had reaffirmed their takeover proposal valuing the insurance broker at A$7.7 billion ($5.34 billion), prompting a four-week extension of the exclusivity period. Here are some details: The consortium reaffirmed …
1 month 3 weeks ago
Traffic through the Strait of Hormuz came to a near standstill after the US struck Iran for a second straight day, leaving a fragile truce between the two sides looking increasingly shaky. Renewed hostilities, which caused oil and fuel prices …
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1 month 3 weeks ago
UK water regulator Ofwat found that Severn Trent Plc had “serious failings” in how it deals with wastewater and sewage as part of a broad investigation into practices of utilities in the sector. Ofwat didn’t impose a fine on Severn …
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1 month 3 weeks ago
Deere agreed on July 8 to settle a lawsuit by the Federal Trade Commission and five U.S. states accusing the farm equipment maker of illegally requiring farmers to use its network of authorized dealers for repairs, rather than use independent …
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1 month 3 weeks ago
Major coffee trader ECOM Agroindustrial Corp. is pushing for a fivefold increase in the number of growers covered by its specialty weather insurance in Vietnam, where the industry depends on thousands of smallholder farmers increasingly exposed to climate risk. The …
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1 month 3 weeks ago
Indian insurance aggregator InsuranceDekho’s parent has selected HSBC Holdings Plc, Morgan Stanley, ICICI Securities Ltd. and IIFL Capital Services Ltd. as advisers to a potential initial public offering, according to people familiar with the matter. The offer from Girnar Insurance …
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