Progressive to End Offering Dwelling Fire Insurance December 2, 2024 By Chad Hemenway Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19. The...
US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood December 2, 2024 By William Rabb Insurance carriers may want to examine policy language — and what information they request from insureds — after the U.S....
People & Places December 2, 2024 National Marsh, a business of Marsh McLennan headquartered in New York City, named Will Thomas-Ferrand head of captive insurance beginning...
Safeco to Take Personal Lines Renewal Business of Main Street America December 2, 2024 By Chad Hemenway Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time...
Federal Judge Strikes Down Biden Overtime Pay Rule December 2, 2024 By Daniel Wiessner A federal judge in Texas permanently blocked a Biden administration rule that would have made about 4 million more salaried...
Industry Trends to Exploit for 2025 – Part One December 2, 2024 By Catherine Oak and Bill Schoeffler Agency owners must observe and learn about significant new trends in the insurance industry. The following are three critical industry...
2024 More of the Same in Commercial Auto Segment After $5B Net Loss in 2023 December 2, 2024 After the U.S. commercial auto insurance segment sustained a $5 billion net loss in 2023, a new AM Best report...
Business Moves December 2, 2024 National Vertafore, Surefyre Insurance software-as-a-service provider Vertafore has acquired Surefyre, a submission and underwriting platform for managing general agencies and...
Talent, Again December 2, 2024 By Andrea Wells It’s no surprise to independent agencies that talent, quality talent, is hard to find. Employers of every size and industry...
Texas Agency Seeks $100M to Tackle Well Blowouts December 2, 2024 By Carlos Nogueras Ramos, The Texas Tribune Unable to keep up with the growing number of leaking and erupting wells in the state’s oil fields, the Texas...