Q2 Composite Personal Lines Rates Up 4.6%; Commercial Up 2.8% July 21, 2025 According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased in the second quarter by 4.6%...
US Excess & Surplus Lines Growth Slowed Again in 2024; Berkshire, AIG Top Premium Rankings July 21, 2025 By Susanne Sclafane A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus...
Big ‘I’ Celebrates Continued Tax Deduction for Many Independent Agents July 21, 2025 The Independent Insurance Agents & Brokers of America (Big “I”) on July 4 celebrated the passage of the “One Big...
Los Angeles Sues Airbnb for Alleged Price Gouging Following Wildfires July 18, 2025 By Jonathan Stempel Los Angeles sued Airbnb, accusing the home rental company of allowing price gouging affecting at least 2,000 properties during January’s...
People Moves: Encova Insurance Names Two New Senior Leadership Team Members; NI Holdings Inc. Names Dawson SVP and CHRO July 18, 2025 Encova Insurance Names Two New Senior Leadership Team Members Encova Insurance Executive Vice President and Chief Strategy Officer John Kessler...
Survivors’ Lawyers Allege Decades of Systemic Abuse in Illinois Detention Facilities July 18, 2025 By Sophia Tareen Illinois has one of the nation’s worst problems with child sex abuse at juvenile detention centers, attorneys representing more than...
Cayman Islands Approves 21 New International Insurance Licenses During H1 July 18, 2025 The Cayman Islands Monetary Authority (CIMA), which represents the international insurance industry in the British overseas territory, reported that licenses...
Neptune Adds Capacity to Bring Flood Insurance Product Nationwide July 18, 2025 Flood insurer Neptune Flood said recently it secured over $400 million in premium capacity and has launched in Alaska to...
Former Tennessee Agent Sentenced For Continuing to Sell Insurance Products July 18, 2025 A former Tennessee insurance agent who lost his license in 1999 but continued to sell insurance products has been sentenced...
People Moves: Aon Appoints Key Leaders in EMEA Commercial Risk Team; AXA XL Promotes Wilkinson to Head of International Casualty, Retail, UK & Lloyd’s July 18, 2025 This edition of International People Moves details appointments at Aon and AXA XL. A summary of these new hires follows...