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Brown & Riding Taps principal to lead healthcare practice
Jeffrey Jarboe, who previously led the healthcare practice, expressed confidence in the transition, describing Fox as a natural choice for the role. “Dennis is a great fit to lead our healthcare practice. His deep expertise, extensive experience, and thoughtful approach align well with the next phase of growth for the group and our clients’ evolving…
The Hanover sees improved underwriting in Q1 amid elevated catastrophe losses
In the core commercial segment, operating income before taxes was $26.8 million, down from $71.5 million a year earlier. The segment’s combined ratio increased to 103.4% from 93.9% in Q1 2024. Catastrophe losses totaled $46 million, or 8.5 points of the combined ratio, up from $20.7 million, or 3.9 points, in the prior-year quarter. Source…
CopperPoint appoints Kellen Booher as president and COO in planned succession
New exec brings global expertise in underwriting, claims, and digital innovation Source link
Insurance moves: EmPRO, Origin Specialty, Marsh and Coalition
They include Marsh swooping for a top Aon executive Source link
Louisiana advances several auto insurance-related bills
The House has also advanced several bills focused on tort reform. House Bill 434, which has been sent to the governor, would increase the threshold at which uninsured drivers can recover bodily injury medical expenses, raising the limit from $15,000 to $100,000. Another measure, House Bill 450, would require plaintiffs to demonstrate that injuries are…
Term life policies rise as others decline
Seniors propel market growth The most striking trend emerged in the senior population, with ages 71 and older experiencing remarkable expansion. This age group posted a substantial 21.2% year-over-year increase in life insurance applications, marking the second consecutive month of double-digit growth. Immediately preceding this bracket, individuals aged 61-70 also demonstrated positive momentum, registering a…