Immigration crackdowns trigger insurance fallout in construction industry

Aon’s global chief broking officer explains why “business as usual” is over Source link

In the core commercial segment, operating income before taxes was $26.8 million, down from $71.5 million a year earlier. The segment’s combined ratio increased to 103.4% from 93.9% in Q1 2024. Catastrophe losses totaled $46 million, or 8.5 points of the combined ratio, up from $20.7 million, or 3.9 points, in the prior-year quarter.  Source…

King was elected to a full term in 2022 and became the first Hispanic candidate in Georgia history to win statewide office. During his tenure, King has overseen regulatory matters involving insurance carriers, agents, and fire safety across the state. His office has been responsible for managing responses to severe weather events, addressing market disruptions,…

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

Headquartered in Richmond, Virginia, the Hilb Group is a national insurance brokerage and advisory firm offering property and casualty, as well as employee benefits services. It is a portfolio company of The Carlyle Group, a global investment firm. Hilb Group’s strategy combines organic growth with acquisition activity, supported by centralized resources across its expanding national…

Trucordia has also acquired CADA Insurance Services, expanding its footprint in Louisiana. CADA operates offices in Baton Rouge, Chalmette, Gretna, and Kenner, and provides coverage across several lines, including auto, home, commercial, general liability, and workers’ compensation. Source link