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US commercial insurance rates continue upward trajectory – report
Umbrella and excess coverage, along with commercial auto, saw the most significant increases Source link
Mutual Capital Group completes acquisition of ICC Holdings
Established in 2009, MCG’s subsidiaries include Mutual Capital Analytics, Inc., Mutual Capital Investment Fund, LP, Mutual Capital Services, Inc., Tuscarora Wayne Insurance Company, Keystone National Insurance Company, Lebanon Valley Insurance Company, Glacier Auto Insurance Company, and Glacier Insurance Agency. Source link
Judge dismisses ERISA class action over Wells Fargo’s prescription drug benefit practices
The plaintiffs—Sergio Navarro, Theresa Gamage, Dayle Bulla, and Jane Kinsella—are former Wells Fargo employees and former participants in the Wells Fargo & Company Health Plan (“the Plan”), a self-funded employee welfare benefit plan governed by ERISA. They sued on behalf of themselves, other similarly situated participants, and the Plan itself. Source link
Insurance networks at a crossroads: Growth slows as consolidation reshapes the industry
Speaking to IB, he said that most industry leaders agree that the future of insurance networks will be shaped by strategic growth, technological advancements, and increased collaboration. Specifically, Strakhov pointed to discounted vendor services, specialized support in accounting, legal, financing and consulting, as well as partnerships with MGAs and wholesalers that allow agents to manage…
Aviation insurance sending mixed signals in Q1 2025 – Gallagher
Gallagher has released its Q1 2025 edition of Plane Talking, offering a detailed assessment of aviation insurance market conditions, claims activity, and underwriting sentiment across sectors including airlines, aerospace manufacturers, general aviation, and space. Source link
Associate in Management: How this insurance credential can advance your career
Earn the Associate in Management to boost your insurance career. See how it enhances leadership skills, job prospects, and sets you apart in the industry Source link