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In the latest edition of Insurance Business TV, Danny Kaufman, president of Burns & Wilcox, reflects on the firm being named among this year’s five-star wholesale brokers and MGAs. He discusses the lines that have seen particular growth, the innovations the company is making and the role that AI will play in the future.
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[ad_1] Cobblestone Lofts, facing significant liability, sought a declaration that Great American was required to provide coverage under its policy. Great American denied the claim, issuing a “direct, definitive notice” that stated “a breach of contract is not an accident and, therefore, does not constitute an ‘occurrence’ under the Primary Policy or Umbrella Policy,” and…
[ad_1] Surplus strength fuels confidence as rates stabilize and demand grows [ad_2] Source link
[ad_1] Who is the future of insurtech? Tell us which providers deserve recognition [ad_2] Source link
[ad_1] In its earnings report, Principal’s net income for Q1 2025 was $138.4 million, or $2.65 per diluted share, up from $124.6 million, or $2.38 per diluted share, in the same quarter last year. Net realized capital losses for the period amounted to $115.1 million, a significant increase from $17.9 million in the prior year….
[ad_1] Life and specialty insurance follow Lastly, the life and specialty insurance segments fell 15.7% and 12.4%, respectively, in the first five days following the tariff announcement, according to Yahoo Finance data. Despite both sectors seeing momentary spikes upwards, they remain 15.7% and 12% below pre-tariff levels, respectively. [ad_2] Source link
[ad_1] For wholesale brokers like Dennis Fox (pictured), who specializes in healthcare placements at Brown & Riding, the squeeze is palpable. A decade into the business, he’s juggling rising costs, evolving retailer relationships, and shrinking carrier appetite. From youth nonprofits to long-term care, placements are becoming more unpredictable. [ad_2] Source link
