Mergers and acquisitions of insurance agencies fell in 2013, with 248 reported transactions in the United States and Canada, according to a new semi-annual survey by OPTIS Partners, an investment banking and financial consulting firm specializing in the insurance industry. …
Shareholders challenged more than 94 percent of U.S. merger and acquisition deals valued over $100 million in 2013, according to a new M&A report by Cornerstone Research. Deals worth $100 million or more attracted an average of five lawsuits, with …
Four states – California, Illinois, Alabama and Mississippi – along with the District of Columbia, are the top five riskiest places in the country for employee lawsuits. Businesses in these states and jurisdictions face a substantially higher risk of being …
January 1 marked the beginning of an expansion of healthcare coverage for drug and alcohol addiction treatment under the Affordable Care Act (ACA). This expansion is leading to a growth in the rehabilitation facilities market but what that growth looks …
A new survey from Towers Watson confirms that more than half (55 percent) of property/casualty insurance chief financial officers believe the property reinsurance market is softer than the primary market, while about one-third (34 percent) deem the same is true …
Insurance may not be at the top of the list for college graduates when it comes to career choices, but the young professionals that do take a stab at it have some good things to say. This special issue of …
Although most insurers providing professional liability insurance for architects and engineers sought to raise rates last year, the size of the increases generally failed to meet their expectations. Nevertheless, nearly all leading insurers offering this specialty coverage saw premium growth …
The market for environmental insurance products remains fluid and highly competitive. Although some carriers raised rates, aggressive pricing and terms are still prevalent. Pricing expectations are flat to 10 percent lower than in 2012. (Marsh, Jan. 2014) Virtually all markets …
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The call to become an insurance agent is different for everyone. For Matthew Ostrow the call to become an independent agent came via social media. Thirty-year old Ostrow entered insurance just five months ago after a recruiting firm contacted him …
