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WTW: US Commercial Insurance Price Increases in Q1 ‘Steady’ at 6.3%

Jun 11 2024 // Broker WTW said commercial lines insurance increased overall by an average of 6.3% during the first quarter. Quarterly price increases have been about 6% since the global pandemic, WTW reported in its Commercial Lines...

Port of Baltimore Channel Reopens Fully to Commercial Maritime Traffic

Jun 11 2024 // Seventy-six days after it was blocked by the collapse of the Key Bridge, the major shipping channel through the Port of Baltimore has been cleared of debris and restored to allow commercial maritime transit. The U.S. Army...

People Moves: CSAA Names Huebner EVP of Commercial Insurance

Jun 11 2024 // Jeff Huebner CSAA Insurance Group named Jeff Huebner executive vice president of commercial insurance. Huebner is responsible for the distribution of commercial insurance under the Mobilitas brand. Huebner has been with...

ALKEME Acquires Personal and Commercial Specialist InsurePro in Utah

Jun 11 2024 // ALKEME acquired InsurePro in Draper, Utah. Ladera Ranch, California-ALKEME is an insurance agency providing businesses and individuals with commercial and personal insurance, employee and executive benefits, retirement and...

Emerald Bay and Arrowhead Launch Commercial Earthquake Facility in California, Pacific Northwest

Jun 7 2024 // Emerald Bay Risk Solutions and Arrowhead General Insurance Agency Inc. have launched a commercial earthquake facility that provides difference in conditions insurance policies for medium to large businesses. Arrowhead EQ...

Commercial Property Insurance Market Proving More Stable, Capitalized: USI

Jun 6 2024 // Following last year’s historically challenging property insurance market, 2024 is proving to be “a more stable and capitalized market,” USI Insurance Services reported in its latest Commercial Property...

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