Allstate expects $1.17B in catastrophe losses for first two months of 2025

Embracing CHANGE at CH Insurance Your business is experiencing change. Your family and your community are changing. Just like for you, at CH Insurance, change isn’t just inevitable, it’s essential. Building on our first two cornerstones of Conversation and Collaboration, we introduce our third: CHANGE. As we continue to super-serve the communities we live and…

The move is the latest in a string of acquisitions by CRC Group as it continues to scale its specialty distribution platform. In December 2024, CRC snapped up SLB Insurance Group to bolster its binding authority operations in the Southeast — particularly South Florida, where SLB had a strong presence in high-volume property business. Just…

Montana, the state with the fewest P&C insurance agents in the country, boasts the highest estimated premium per agent, according to new data from IB+. With just 917 P&C agents serving the state’s vast insurance needs, the average premium per agent in 2024 stood at approximately $3.6 million – topping all 50 states. Source link

Wildfires have exposed insurance deficiency in the state Source link

The 2025 Atlantic hurricane season is expected to be more active than usual, with 17 named storms, nine hurricanes, and four major hurricanes, according to a new forecast from Colorado State University (CSU) in partnership with the Insurance Information Institute (Triple-I). Source link

At the same time, brokers must work with carriers to ensure the products fit the needs and budgets of SMEs. For Lezzi, the future of the cyber insurance sector hinges on a blend of forward-looking risk management, adaptable product design, and global education, especially for underserved market segments. Source link