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Zurich Insurance Reports Record H1 Profit of $4.2B, Driven by Middle Market, Specialty
Aug 8 2025 // Zurich Insurance Group reported some record numbers during the first half: business operating profit (BOP) was up 6% to a record US$4.2 billion and core return on equity hit a best-ever number of 26.3%. What is the reason...
People Moves: Crest Names Gibbs Commercial Lines Broker and Muehlebach General Counsel
Aug 8 2025 // Easton Gibbs Crest Insurance Group hired Easton Gibbs as a commercial lines broker. He most recently served as a screening solutions specialist at Exact Sciences. Gibbs previously played professional football with the...
Reliable Transportation Association Launches Lloyd’s Backed Physical Damage Program for Commercial Auto
Aug 6 2025 // New Physical Damage coverage now available in Pennsylvania, Ohio, New Jersey, Illinois, California, and Texas; Georgia, Florida, and additional states to follow. Warminster, PA., August 5, 2025 — Reliable...
Parrish Named CEO of Howden US, Is Sued by Former Employer Marsh
Aug 5 2025 // Mike Parrish has been named the chief executive officer of Howden U.S., a new U.S. retail broking business of Howden, and he will start in September subject to his “fulfillment of relevant contractual...
Independent Agencies’ Market Share Shows Small Decline; Strong Hold on Commercial Lines with Opportunity to Grow in Personal Lines
Aug 4 2025 // The independent agency channel placed 61.5% of all property/casualty insurance written in the U.S. in 2024, a slight decline from 2023 where independent agents placed 62.2% of P/C lines nationwide. That’s according...
Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans
Aug 4 2025 // Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second-quarter 2025 results of the Ivans Index. The Chicago-based technology provider for...
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