The devastating wildfire raging in the Pacific Palisades neighbourhood of Los Angeles has now destroyed more than 1,000 structures and is growing, while the Eaton Fire, burning in the Angeles National … [Read More...] about Over 1,100 structures destroyed by growing Palisades and Eaton fires, say officials
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P&C Insurance
Over 1,100 structures destroyed by growing Palisades and Eaton fires, say officials
Core Specialty agrees renewal rights transaction with Argo
Insurer Core Specialty and its subsidiaries have entered into a series of transactions with certain subsidiaries of Argo Group International Holdings to acquire the renewal rights and related unearned … [Read More...] about Core Specialty agrees renewal rights transaction with Argo
Rate adequacy in property still ‘very attractive’ despite declines at 1.1 renewals: Peel Hunt
Analysts at Peel Hunt estimate that loss-free risk-adjusted rates across a diversified reinsurance portfolio fell by around 6% at the January 1st, 2025, renewals, but stress that rate adequacy remains … [Read More...] about Rate adequacy in property still ‘very attractive’ despite declines at 1.1 renewals: Peel Hunt
Independent Agency News
Can You Still Enjoy the Benefits of Health Insurance Despite Not Having a Job?
Whether you are self-employed, … [Read More...] about Can You Still Enjoy the Benefits of Health Insurance Despite Not Having a Job?
Discover 12 of the Most Important Health Insurance Bag of Words Before You Pick a Plan
How Do We Define the High-Deductible Health Plan or HDHP?
Did you know that you could … [Read More...] about How Do We Define the High-Deductible Health Plan or HDHP?
Changes to the Obamacare plan: What Options Do We Have?
Are you covered by an … [Read More...] about Changes to the Obamacare plan: What Options Do We Have?
What to Do If You Lose Your Job-Sponsored Health Coverage?
Are you among those people who … [Read More...] about What to Do If You Lose Your Job-Sponsored Health Coverage?
How Do We Define Short-Term Health Insurance?
If you have been on a quest … [Read More...] about How Do We Define Short-Term Health Insurance?
Jump Start Your Health Insurance: Covering Pre-Existing Conditions
It’s not always easy to … [Read More...] about Jump Start Your Health Insurance: Covering Pre-Existing Conditions
Will A Not-At-Fault Accident Affect My Insurance Rate?
Understanding Not-At-Fault … [Read More...] about Will A Not-At-Fault Accident Affect My Insurance Rate?
Featured Stories
US E&S insurance market poised to maintain upward trajectory, says Conning
The Excess and Surplus (E&S) insurance market has experienced significant growth, achieving a 21% compound annual growth rate over the past five years, surpassing $104 billion in premiums in 2023, and is expected to continue its upward trajectory, … [Read More...] about US E&S insurance market poised to maintain upward trajectory, says Conning
Troutman Pepper and Locke Lord merge to form new global law firm
Law firms Troutman Pepper and Locke Lord have announced their merger to form Troutman Pepper Locke LLP, a firm with over 1,600 attorneys and 33 offices across the US and Europe. Tom Cole, Chair of Troutman Pepper Locke, said, “This merger is a strategic … [Read More...] about Troutman Pepper and Locke Lord merge to form new global law firm
ASIC earns AM Best’s affirmation of A- rating with stable outlook
AM Specialty Insurance Company has announced that AM Best has reaffirmed its Financial Strength Rating (FSR) of A- (Excellent) with a stable outlook. This recognition highlights ASIC’s focus on underwriting quality, disciplined risk management, and … [Read More...] about ASIC earns AM Best’s affirmation of A- rating with stable outlook
Flood events drive 78% of international industry losses in 2024: CRESTA
According to the Q4 CRESTA Industry Loss Index (CLIX) update, which provides data on non-US catastrophe events that have generated industry losses above $1 billion, 2024 was dominated by flood events, driving 78% of the total industry loss figure. In terms of … [Read More...] about Flood events drive 78% of international industry losses in 2024: CRESTA
Moody’s adjusts global P&C insurance outlook to stable
Ratings agency Moody’s has changed its outlook for the global property and casualty (P&C) insurance sector to stable from negative for 2025. The stable outlook is driven by factors such as improved personal lines pricing adequacy, commercial lines pricing … [Read More...] about Moody’s adjusts global P&C insurance outlook to stable