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[ad_1] The dispute arose from a lease agreement executed in February 2019, under which Hembree Insurance Trust leased a 135,847-square-foot industrial building in Scottsboro, Alabama, to Maples Industries for a five-year term running from January 1, 2020, through December 31, 2024. The lease obligated Maples to maintain the property, including a clause specifying that Maples…

[ad_1] Revenue and income both increased year-on-year [ad_2] Source link

[ad_1] Companies that exited the market included United Property & Casualty (2023), FedNat Insurance Company (2022), Southern Fidelity Insurance Company (2022), Weston Property & Casualty Insurance Company (2022), Lighthouse Property Insurance Company (2022), Avatar Property & Casualty Insurance Company (2022), St. Johns Insurance Company (2022), Maison Insurance Company by way of FedNat (2022), Gulfstream Property…

[ad_1] Transatlantic Underwriters (TAU), a Marietta, Georgia-based wholesale insurance brokerage specializing in transportation risks, has launched a new Property and Casualty (P&C) division. The expansion adds six new lines of business: Commercial General and Excess Liability, Commercial Property, Inland Marine, Builders Risk, and Garage. [ad_2] Source link

[ad_1] The move is the latest in a string of acquisitions by CRC Group as it continues to scale its specialty distribution platform. In December 2024, CRC snapped up SLB Insurance Group to bolster its binding authority operations in the Southeast — particularly South Florida, where SLB had a strong presence in high-volume property business….

[ad_1] Trade policy and economic uncertainty Since returning to office in January, President Donald Trump has introduced and modified tariffs on major trade partners, including China, Canada, and Mexico. A Wall Street Journal report on March 23 suggested the administration planned to narrow the scope of new tariffs set to take effect in April, opting…