How do you underwrite a bar that can’t escape its own reputation?
In an age of nuclear verdicts, this kind of underwriting has become a high-stakes venture, where an establishment’s vibe can outweigh its compliance
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Chubb consolidates two divisions in North America
Meanwhile, Ranucci has 17 years of experience in insurance and previously served as head of North America lower middle market and as global chief underwriting officer for small business. He will oversee operations, including profit and loss management, field and home office underwriting, product development, pricing, portfolio management and analytics. Source link
Three insurers approved to take over 135,000 Citizens Property Insurance policies
One notable example of depopulation driving insurer growth is Slide Insurance Co., which expanded its book of residential policies from 209,799 at the end of 2023 to over 341,000 by the close of 2024. Similarly, American Integrity Insurance Co., another active participant in the program, saw its policy count jump to nearly 340,000 in the…
Insurance hires: BHSI, Farmers Insurance and EPIC Insurance
EPIC launches construction and infrastructure group EPIC Insurance Brokers & Consultants introduced its Construction & Infrastructure Group (C&I Group) to serve general contractors, specialty contractors, architects, engineers, developers and other industry stakeholders. Source link
Four Gift Shop Insurance Policies You Need for Your Business
Running a gift shop is a labor of love—whether it’s a quaint storefront in a tourist town, a family-run main street staple, or a boutique full of seasonal charm. Like any small retail operation, your gift shop faces particular risks, such as customer injuries and stolen merchandise. For the nearly 64,000 gift shops in the…
Warner Pacific acquires Black, Gould & Associates
Founded in 1980 and based in Phoenix, Arizona, BGA serves more than 2,500 agents and agencies, and represents over 8,000 group insurance clients and 60,000 individual policyholders. This marks Warner Pacific’s seventh acquisition in the past year and underscores the company’s continued expansion across the US, particularly in the Southwest. Source link
Erie Insurance launches new foundation
The foundation will operate as a separate entity, with its board of directors and officers responsible for overseeing charitable strategy, funding decisions, and investment management. It will consolidate much of the company’s existing charitable activity, previously managed through the Erie Giving Network. Source link