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The Hilb Group acquires Maryland-based employee benefits business
[ad_1] Headquartered in Richmond, Virginia, the Hilb Group is a national insurance brokerage and advisory firm offering property and casualty, as well as employee benefits services. It is a portfolio company of The Carlyle Group, a global investment firm. Hilb Group’s strategy combines organic growth with acquisition activity, supported by centralized resources across its expanding…

Georgia governor signs major tort reform bill to address legal system abuse
[ad_1] New law revises negligent security and jury guidelines [ad_2] Source link

Lemonade attributes data breach to technical issue in auto insurance quote system
[ad_1] While Lemonade continues to expand its auto insurance business, it has also reported significant growth in its marketing investments. In the fourth quarter of 2024, the company’s sales and marketing expenses climbed to $36 million, up from $13.4 million in the same period the previous year. “Alongside this acceleration, we remained laser focused on…

Late April storms cause hundreds of millions in insured losses across US – Aon
[ad_1] On April 29 alone, the federal Storm Prediction Center logged 781 combined reports of tornadoes, hail, and wind from New Mexico to New York. Multiple other reports were filed during the broader April 27–29 outbreak, spanning much of the central and eastern US. [ad_2] Source link

Tokio Marine Highland names new CEO
[ad_1] In January, Tokio Marine Highland marked the 30th anniversary of its Private Flood Division, originally established by Heinrich in 1995. The division, which began in Heinrich’s garage, has evolved into a market leader in private flood insurance, offering residential, commercial, and excess flood coverage. [ad_2] Source link

iA Financial Group posts 19% increase in core earnings for first quarter
[ad_1] The growth is due to strong sales in Canada and the US [ad_2] Source link