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Build or join? Why mid-sized brokerages are facing their defining moment
This dynamic is especially evident among large brokers across the US, whether they’re private equity–backed or independent. Many brokers need infrastructure, specialized expertise, and access to tools that require investment, and the decision to build from within or to join a firm already ahead has become central to strategic thinking. Source link

Kansas City Life sees net income rise
For the fourth quarter of 2024, the company reported a net loss of $12.6 million, or $1.30 per share, compared to a net profit of $49.1 million, or $5.07 per share, in the same period of the prior year. The loss was attributed to lower insurance revenues, reduced net investment gains, and a legal reserve…

Texas bill aims to ban forced home-auto insurance bundling
Insurance bundling in the US Bundling home and auto insurance policies is a common practice in the insurance industry. Insurers often encourage this by offering discounts and streamlined services. However, while bundling is promoted through discounts and convenience, critics say making it compulsory could infringe upon consumer rights and limit market competition. Source link

Wildfire fallout – insurers set to reassess risk, tighten policies in California
“Clearing dead plants, removing wooden furniture, (these are) things people might overlook outside forested areas,” said Heron. “There will be more focus on how homes are rebuilt and the materials used, especially roofing. If a roof isn’t fire-rated to a certain degree or is past a certain age, insurers may change terms, offering actual cash…