INSURASALES

Alpine Re Drops Plans to Launch $1 Billion Reinsurance Firm Amid Market Challenges

Alpine Re cancels plans to build a $1 billion reinsurance company due to difficult market conditions, reflecting challenges in the reinsurance sector.

Lucosky Brookman LLP Expands Insurance Defense Litigation in New York

Lucosky Brookman LLP expands its Insurance Defense Litigation Practice Group with a new office in Westchester County, NY, adding expertise in transportation and casualty claims for national trucking and insurance clients.

3rd Circuit Upholds Insurance Exclusions for Pre-Acquisition Wrongful Acts

The 3rd Circuit Court rules that insurance policy exclusions for pre-acquisition wrongful acts will be strictly enforced, stressing the importance of due diligence in mergers and acquisitions.

Demand for Digital Tools in Commercial Motor Insurance

Discover the key insights from Direct Commercial Limited’s Broker Barometer highlighting the growing demand for digital tools and platform integration in the commercial motor insurance sector.

NSM Insurance Group Sells US Commercial Division to New Mountain Capital

NSM Insurance Group sells its US commercial insurance division to New Mountain Capital, aiming for enhanced growth and specialization in the insurance market.

Florida Faces Insurance Crisis as Hurricane Season Approaches

A study reveals Florida homeowners are facing high claim rejection rates from insurers as hurricane season nears. Authorities are taking action against fraudulent practices.

King Risk Partners Acquires Ricky Credille Insurance in Mississippi

King Risk Partners has acquired Ricky Credille Insurance to expand its Medicare and health insurance services, bolstering its presence in the Southeast.

Leadership Changes Fuel Growth in Insurance Sector

Leadership changes at IMS, Coalition, and Pro-Praxis highlight growth in insurance.

Florida Voters Could Lower Insurance Premiums by 2026

Florida's proposed constitutional amendment could allow voters to lower insurance premiums, providing protections for policyholders against cancellations and raises in rates.

Insurance Agency Mergers Dip in 2024, High-Profile Deals Persist

Explore the trends in insurance agency mergers and acquisitions for 2024, including key deals and market insights from OPTIS Partners.