M&A market set for growth in 2025, report finds

[ad_1] In the wake of a devastating EF2 tornado that hit Rome, New York, in July 2024, lawmakers are moving to strengthen disaster resilience with a sweeping legislative package. Senate Bill 7761, introduced by Sen. Joseph Griffo on May 5, 2025, outlines a three-part initiative aimed at delivering immediate aid and long-term climate mitigation tools…

[ad_1] Wildfires have exposed insurance deficiency in the state [ad_2] Source link

[ad_1] Senate Bill 1643 would mandate regulatory approval for any proposed rate adjustment, whether an increase or decrease, exceeding 10%. If the commissioner does not act within 30 days, the rate would take effect automatically, unless it involves an increase of 10% or more. [ad_2] Source link

[ad_1] The problem, Merlin argued, isn’t the existence of affiliated service providers – it’s the lack of transparency and oversight. “Managing general agents, service companies, reinsurers all have a proper place, and they can be affiliated,” he said. “But that’s why the transactions have to be audited.” [ad_2] Source link

[ad_1] Lincoln Place Capital LLC, which owns property at 5917 North Illinois Street in Fairview Heights, filed its complaint on August 19, 2025, in the Southern District of Illinois. The company says it held a property insurance policy with Cincinnati Insurance, policy number ENP0670301, covering direct physical loss or damage to buildings, business income, and…

[ad_1] Vermont continues to refine its captive insurance laws, with proposed legislation in 2025 focusing on technical corrections and clarifications related to controlled-unaffiliated risk, conversions of captive insurance companies into protected cells, parametric contracts, and confidentiality.  [ad_2] Source link