[ad_1] The agreement with Hahn Insurance Agency is the latest in a series of partnerships Liberty has established to scale its platform. Earlier this year, Liberty secured an additional $100 million in funding, led by JPMorgan Chase. This financing aims to fuel mergers, acquisitions, and innovation within the company. [ad_2] Source link
[ad_1] Cannabis Select provides high-limit, non-admitted coverage to dispensaries, cultivators, and manufacturers operating across state lines. Coverage includes up to $25 million in property protection and up to $5 million per occurrence in general and product liability, compared to Cannabis Essentials, which offers up to $5 million in property and $1 million/$2 million in liability…
[ad_1] ALKEME Automotive will operate as a dedicated platform serving franchise and used car dealerships, auto repair and body shops, towing companies, rental businesses, parts manufacturers, and service centers. The sub-brand brings together agency leaders with experience in delivering specialized coverage and services within the automotive market. [ad_2] Source link
[ad_1] Whether you’re downsizing, between homes, or simply short on space, using a self-storage facility is a smart solution for keeping your personal belongings safe. But while your items may be locked up, they’re not immune to damage or loss. That’s where self storage insurance comes in. There are over 52,300 self-storage facilities in operation,…
[ad_1] You just received a phone call from someone who says they represent your insurance carrier and would like to set up an appointment to audit your business operations. You’ve paid all of your premiums on time, so you wonder what they could want? Many commercial insurance policies are based on the “best information” that…
[ad_1] Initially, participating brokers were asked to identify the features they considered most important in a cyber policy. These included the breadth and clarity of coverage, pricing structures, claims handling capabilities, policy flexibility, and the overall quality of cyber risk products. [ad_2] Source link
[ad_1] In response to these results, the group raised its full-year adjusted net income forecast to ¥1.04 trillion, an increase of ¥40 billion from the earlier guidance. The firm projects this momentum will continue into fiscal 2025, with an adjusted net income forecast of ¥1.10 trillion, representing a 3% rise year-on-year. The adjusted return on…
[ad_1] The transaction values Acrisure at US$32 billion, representing an increase of nearly 40% from its last institutional capital raise three years ago. The company has recently added senior leadership as part of its growth plans, including the appointment of Mark Wassersug, former COO of Intercontinental Exchange, as chief technology officer, and Shawn Pelsinger, previously…
[ad_1] Statewide, flood insurance covers just 7% of residential properties. Coverage rates in major inland metropolitan areas, including Dallas, Denton, and Bexar counties, remain below 1%, despite repeated flooding events. Even in FEMA-designated high-risk zones, only 28% of residential buildings have flood insurance. [ad_2] Source link
[ad_1] Jump to winners | Jump to methodology Virtual defenders Cybercriminals work around the clock, but so do America’s top cyber insurance companies – and their efforts haven’t gone unnoticed. In a landscape of relentless digital threats, Insurance Business America recognizes the nation’s leading cyber insurance providers. Thousands of brokers from across the country offered candid…
[ad_1] Owens Insurance, founded in 1952, offers personal and commercial insurance, including coverage for home, auto, life, and business. Stokes-Farnham Insurance, established in 1954, provides similar services to individuals and organizations in the region. [ad_2] Source link
[ad_1] Everest Group appoints Darryl Page to board Everest Group has named Darryl Page (pictured above, left) as an independent, non-executive board member. Page brings more than 40 years of experience, including leadership roles at Chubb, Fireman’s Fund and Allstate. [ad_2] Source link
[ad_1] Fidens Insurance Brokers has operated for more than a decade, focusing on commercial insurance across sectors including construction, financial services, healthcare, manufacturing and distribution, real estate, and technology. The firm also has experience with mergers and acquisitions insurance, particularly in negotiating representations and warranty coverage. [ad_2] Source link
[ad_1] The transaction values Acrisure at US$32 billion, representing an increase of nearly 40% from its last institutional capital raise three years ago. The company has recently added senior leadership as part of its growth plans, including the appointment of Mark Wassersug, former COO of Intercontinental Exchange, as chief technology officer, and Shawn Pelsinger, previously…
[ad_1] “Companies are not standing still. Having navigated successive shocks since 2020, they are once again adapting, diversifying partners, reconfiguring logistics, and embedding risk-sharing across the value chain. In today’s trade environment, success depends increasingly on adaptability,” she said. [ad_2] Source link
[ad_1] “Companies are not standing still. Having navigated successive shocks since 2020, they are once again adapting, diversifying partners, reconfiguring logistics, and embedding risk-sharing across the value chain. In today’s trade environment, success depends increasingly on adaptability,” she said. [ad_2] Source link
[ad_1] 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…
[ad_1] The NY Compensation Insurance Rating Board (NYCIRB) recently voted to file for a 13.2% decrease in overall workers’ compensation loss costs. These loss costs are what insurance companies use to develop the workers’ compensation (WC) rates that employers see on their policies. NYCIRB will file their request with the NYS Department of Financial Services by…
[ad_1] In 2025, the Affordable Care Act (ACA) reporting saw a simplification with Form 1095-C only needing to be distributed upon request. . The telemedicine exception for High Deductible Health Plans (HDHPs)/Health Savings Account (HSA) plans was also eliminated. Furthermore, new HIPAA privacy rights regarding lawful reproductive health care were established. Simplified ACA Reporting: Form 1095-C, which details employer-provided…
[ad_1] Property and auto damage span multiple states [ad_2] Source link
[ad_1] Brett Klein argues that leaders must stop outsourcing responsibility [ad_2] Source link
[ad_1] Experts from WTW, Lockton and Gallagher examine the market [ad_2] Source link
[ad_1] Depopulation strategy continues as private carriers expand personal residential footprint [ad_2] Source link
[ad_1] Human element in the workplace Another risk is the human element. The workforce in 2025 includes four generations, namely Baby Boomers, Gen X, Millennials and Gen Z, creating both opportunities and challenges. Each generation brings different values, work preferences and skills, making recruitment, development and retention more complex. [ad_2] Source link
[ad_1] Net premiums written drop back as firm reports under IFRS 17 [ad_2] Source link
[ad_1] Engle and Associates is a family-owned insurance brokerage that has operated for over 45 years, offering a broad portfolio of insurance products, including commercial, home, auto, life, and health coverage. Following the acquisition, the firm will continue operating under the leadership of owners Scott Engle and Jayne Engle Allen. [ad_2] Source link
[ad_1] Foster testified that, following six years of research, he believes only the Mennonite church would qualify under the bill’s conditions. He noted that other states, including Kentucky, have similar allowances in place, although the Maine proposal featured more restrictive requirements. [ad_2] Source link
[ad_1] Claims severity has risen, especially with high-profile systemic events and persistent privacy litigation. At the same time, Schnur said, underwriting practices have become more refined, and clients, particularly those in the mid-market and enterprise tiers, are significantly more cyber-savvy than they were five years ago. [ad_2] Source link
[ad_1] RT Specialty, the wholesale division of Ryan Specialty, also earned a spot on the list. The company delivers a broad range of specialty insurance offerings, including coverage for property, casualty, professional liability, and workers’ compensation. RT Specialty operates through both traditional open market channels and delegated authority platforms. [ad_2] Source link
[ad_1] Jump to winners | Jump to methodology Speed demons Brokerages have two principal avenues for growth, but it is organic expansion that commands the industry’s focus. This, according to Sean O’Neill, head of the global insurance practice at Bain & Company, is the sector’s “holy grail” – a mark of sustainable success that firms are…
