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Eleos Life joins US market via partnerships with Assurity and SCOR
Licensed in 41 states plus the District of Columbia, Eleos Life plans to distribute its products via banks, credit unions, and fintech platforms. The expansion aims to improve access to individual insurance in a market where many consumers lack adequate coverage. Source link

Hub International continues M&A with acquisition of Employee Benefit Associations
Hub International also purchased the assets of Yavitz Insurance Group, a privately owned insurance agency based in St. Louis, Missouri. It also acquired Mayfield Insurance, an independent insurance agency that offers commercial and personal insurance, including life, home, auto and property insurance. Source link

Property insurance’s storm | Insurance Business America
In the Q2 edition of the Property Insurance Power Panel, catch experts from Gallagher and EPIC Insurance Brokers on reinsurance costs and preparing accounts in more significant nat cat footprint areas. They also delve into market capacity and the increased use of technology in claims assessment. Source link

State Farm seeks second California rate hike a week after emergency premium approval
Martinez, who owns property in California and sits on a HOA board, notes a tangible shift in consumer awareness. “There’s way more engagement and attendance of landlords now as a byproduct of the surging insurance cost,” he said. “Whereas before, people didn’t even pay much attention to their insurance, now you have to, or else…