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Pine Walk unveils new international casualty MGA
Pine Walk, founded in 2017, now supports 12 MGAs and provides underwriting, operational and regulatory frameworks for specialist insurance businesses. In 2024, the platform’s gross written premium grew 11% to $900 million, with expectations to exceed $1 billion this year. Source link
Court lets insurance, mortgage servicing claims move forward after wind damage denial
In an order issued March 20, Judge Henry T. Wingate of the US District Court for the Southern District of Mississippi denied motions to dismiss filed by PennyMac Loan Services, LLC and Caliber Home Loans, Inc. The ruling allows plaintiffs Ashley C. Guerdan and Catherine E. Guerdan to proceed with their lawsuit, which includes claims…
What Northeast Contractors Need to Know
Contractors and their work are vital to the nation’s economy. In 2024, the construction industry contributed approximately $2.2 trillion—around 4.5% of the nation’s GDP. With over 8.2 million employees, the sector is essential for job creation and economic growth. In the Northeast, where infrastructure projects, urban development, and historic renovations are common, construction plays an…
Renters Insurance: The Important Things College Students Need to Know
As a college student, we know there’s a lot on your mind as the school year approaches. From meeting new friends and gaining independence to writing research papers and eating (sometimes questionable) food in the dining hall, the last thing you want to worry about is insurance. We’re here to help you understand how renters…
Insurance markets shift as global construction projects accelerate – WTW
The report notes that tariffs, particularly those affecting the cross-border movement of construction materials, are expected to add further pressure to cost structures. Outside the United States, regional economic conditions are playing a key role. In Asia, growth is supported by both public and private investment, especially in energy and infrastructure. Source link
Talanx confirms current-year outlook on back of record net income
Insurance revenue rose 11% to €48.1 billion, while operating profit (EBIT) increased to €4.9 billion from €3.1 billion in the previous year. Net income grew by 25% to €1.98 billion, exceeding the company’s original 2025 target ahead of schedule. Return on equity reached 17.9%, up from 16.6% in the year prior. Source link