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Disclosures show the insurer has roughly 4,300 homeowners’ policies in effect in fire-impacted zip codes.
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Most carriers paid more in homeowners’ claims than they collected in premiums.
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A quick roundup of today’s need-to-know news, including Acrisure's prefs raise and broking M&A activity.
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BroadStreet took the lead as the most acquisitive brokerage last year with 90 takeovers.
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The much-anticipated creation of a DOGE office is already being challenged in court.
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The executives will report to Jenise Klein, CUO for North America.
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The cyber MGA also named Sarah Thompson global head of sales strategy and Jack Jenner to managing director.
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Commercial auto ended the year with its biggest gains at 9.82%, compared to 9.71% in Q3 2024.
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The announcement confirms this publication’s report that Grim resigned from Brown & Riding.
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The business is targeting an enterprise value in excess of $30bn, sources said.
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Loss-cost indicators are high for liability, low for property.
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Severe convective storms accounted for 41% of last year’s insured loss load.