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Wholesale insurance brokers and Managing General Agents gain ground as surplus lines market surges
[ad_1] This momentum has elevated standout firms such as Monarch E&S, Wholesure, and Gorst & Compass, each earning 5-Star status for their performance across 10 criteria including product range, tech innovation, and ability to place niche risks. Monarch E&S president Yiana Stavrakis emphasized the firm’s commitment to tailoring solutions for mid-market clients and exploring niche programs—most notably, a custom personal…
Marsh McLennan discloses top five risk trends in 2025
[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
California, Florida, and Texas lead the way as property and casualty premiums climb to $780 billion
[ad_1] California emerged as the top performer in the US property and casualty insurance market with $94 billion in direct premiums [ad_2] Source link
Chubb CEO calls for greater consistency in US trade policy
[ad_1] Speaking on a first-quarter earnings call, Greenberg said the federal government should align its trade, economic, and fiscal priorities. He expressed hope that future trade agreements would ease or remove tariffs, which he said have affected the country’s international standing and increased the risk of an economic downturn. [ad_2] Source link
North American insurance industries brace for tariff shock
[ad_1] “The new tariffs announced this week, which will impact imported vehicles and auto parts, are expected to inflate the cost of new cars, repairs and used car values due to tight profit margins for manufacturers and the interconnected global supply chain,” Friedlander said. “This could generate higher premiums for home insurance and business insurance,…
What Insurance Do I Need for my Nursery Garden Business?
[ad_1] Whether you own a small local greenhouse or a larger outdoor retail space, it’s important to you to see plants and flowers thrive. With the right nursery and garden insurance coverage, your business is protected and positioned to thrive as well. With over 10,000 nursery and garden businesses in the U.S.—mostly small to midsize—a…