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Brighthouse Financial reports first-quarter financial results
[ad_1] At the end of the quarter, Brighthouse reported common stockholders’ equity, or book value of $3.5 billion, or $61.17 per common share. Excluding accumulated other comprehensive income (AOCI), the company’s book value stood at $8.2 billion, or $141.87 per share. [ad_2] Source link

The Hilb Group acquires Maine-based property and casualty agency
[ad_1] The Hilb Group, based in Richmond, Virginia, is a privately held insurance brokerage firm founded in 2009. The company provides property and casualty insurance, employee benefits, and retirement services to businesses and individuals across the United States. It employs over 2,200 people and operates more than 125 offices nationwide. [ad_2] Source link

Centene reports 28% increase in first-quarter earnings
[ad_1] In April, Centene’s subsidiary, SilverSummit Healthplan was selected by the Nevada Department of Health and Human Services to continue providing Medicaid services, including the expansion of Medicaid Managed Care into rural and frontier areas. The contract, set to begin in January 2026, has a five-year term, with an option for a two-year extension. [ad_2]…

US commercial insurance rates continue upward trajectory – report
[ad_1] Umbrella and excess coverage, along with commercial auto, saw the most significant increases [ad_2] Source link

Aspen’s NYSE debut outperforms
[ad_1] Is insurer’s success a nail for London’s casket? [ad_2] Source link

Which state expects to see largest increase in home insurance premiums in 2025?
[ad_1] States such as Hawaii, Iowa, and Minnesota will see a 15% rise in premiums, while Florida, which already holds the title of the most expensive state for home insurance, will see an additional 9% increase, pushing the average premium to $15,460 by the end of 2025, according to the report. [ad_2] Source link