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Trisura Group reports earnings boost
[ad_1] In its insurance operations, Trisura reported net insurance revenue of CA$172.7 million, a 12.8% increase from the same quarter last year, mainly driven by growth in primary lines. Underwriting income was CA$29.9 million, up 1.7% from a year earlier, due to business expansion and foreign exchange fluctuations, though partly offset by a higher combined…

Former Aon EVP Todd Jones joins CRC Group as growth chief
[ad_1] Healthcare expansion, rebrand for CRC Last month, the wholesale specialist also announced the hiring of Matt Zelenc as senior vice president within CRC Specialty’s ExecPro and Healthcare Practice Groups. In this role, he oversees a team specializing in management and professional lines of coverage, including healthcare services, private company management liability, and cyber liability….

Gallagher’s RPS acquires Litchfield Special Risks to expand in Texas
[ad_1] Deal boosts transportation focus and strengthens broker network across the Southwest [ad_2] Source link

Florida house advances bill to end no-fault auto insurance
[ad_1] House Bill 1181 and its Senate counterpart propose to eliminate the state’s no-fault insurance law effective July 1, 2026. Under the proposed changes, drivers would be required to carry bodily injury liability coverage with minimum limits of $25,000 per person, $50,000 per incident, and $10,000 for property damage. [ad_2] Source link

Trucordia acquires Huffman Insurance | Insurance Business America
[ad_1] Trucordia has also acquired CADA Insurance Services, expanding its footprint in Louisiana. CADA operates offices in Baton Rouge, Chalmette, Gretna, and Kenner, and provides coverage across several lines, including auto, home, commercial, general liability, and workers’ compensation. [ad_2] Source link

M&A insurance demand could surge as cross-border deals get riskier
[ad_1] However, geopolitical risks, including trade policy uncertainty in the US, ongoing war in Ukraine, and right-wing electoral surges in countries like Germany and France, are posing significant hurdles for investors. As economic and political volatility casts shadows over these regions, M&A players are re-evaluating the risks in cross-border mergers and acquisitions. [ad_2] Source link