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Insurance M&A activity slows as economic uncertainty shapes deal trends – OPTIS
Active acquisition drivers Among the most active buyers over the past four quarters, BroadStreet Partners led with 81 transactions, exceeding its five-year average of 58. Hub International followed with 61 deals, slightly below its five-year average of 65, while Inszone Insurance Services recorded 44 deals, above its average of 32. Source link

Virginia court upholds near $1.7 million appraisal award in Church Mutual property coverage case
Ephesus disputed the insurer’s valuation and invoked the policy’s appraisal clause, set forth in Form A 100, § C(2) (Jan. 2001). That provision required each party to appoint a “competent and impartial appraiser,” with a third-party umpire resolving disagreements. The insurer’s appraiser valued the net replacement cost at $68,148.78, while the church’s appraiser submitted an…

Colorado eyes new wildfire insurance fees
Alongside HB 1302, lawmakers are also reviewing a separate proposal—House Bill 1182—which would impose new disclosure and notification requirements on insurers using wildfire risk models in underwriting. If passed, HB 1182 would mandate greater transparency from insurers about their use of catastrophe models, risk scores, and other tools used to assess wildfire exposure when determining…

Insurance moves at LexisNexis, NFP, Intact Insurance and others
Bessire, former CTO and chief data officer at Coterie Insurance, will enhance MGT’s AI-driven risk assessment and pricing capabilities. Johnson, with a track record in scaling agency networks, will lead business development efforts to expand MGT’s presence nationwide. Source link