Hurricane Ian continued to churn through central Florida Thursday morning, leaving widespread flooding and wind damage in its wake. It was too early to know the extent of property insurance claims from the storm, although a few analysts and officials …
Truist Insurance Holdings Inc., one of the largest U.S. brokerages and a part of Truist Financial Corp., announced that it has agreed to acquire the national premium finance company BankDirect Capital Finance from Texas Capital Bancshares. BankDirect will now become …
The owners of one of the oldest insurance agencies in Texas must have felt pretty surprised when they were named in a federal lawsuit brought by an AIG company, alleging the agency was part of an elaborate fraud that forged …
Ryan Specialty Appoints New Senior Leadership within Underwriting Managers Specialty Chicago-based Ryan Specialty has made appointments to three new senior leadership roles within the Underwriting Managers specialty. Brian Lillis, Chief Operating Officer, has been with Ryan Specialty Underwriting Managers for …
A 2012 insurance industry proposal to make tornado shelters part of the building code for large commercial and residential buildings was blocked by construction and building management interests, the New York Times reported. The idea of requiring storm-safe rooms in …
The disease known as COVID-19 may have caused wrenching changes around the world, but its effects on workers’ compensation claims were relatively minor in 2020, the National Council on Compensation Insurance said in a new report. Overall claim frequency, including …
The news that Berkshire Hathaway was in talks to sell its workers’ compensation unit, Applied Underwriters, caught readers’ attention in February and was easily Insurance Journal’s biggest workers’ compensation story of the year then and as the deal played out. …
National Brightway Insurance Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies, launched its new Independent Agent Program with its first group of new owners. The new program was unveiled in January. The following …
Artificial Intelligence and Private Equity Investments Will Play an Increasing Role Plaintiff attorneys, at least the smart ones, must make sales decisions, too. Whereas a smart producer will create a pipeline that filters prospects by probability of a sale, plaintiff …
Telemedicine, Breweries, Intellectual property, Nurseries and Cottage foods Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. Here are five industry sectors and insurance market sectors that could offer opportunities for agents and brokers in …
