United Risk Acquires WTW’s Verita, Rebrands as Verist to Expand Specialty Insurance
United Risk acquires WTW's Verita, rebranding it as Verist to enhance specialty insurance services across multiple sectors including real estate and life sciences.
United Risk acquires WTW's Verita, rebranding it as Verist to enhance specialty insurance services across multiple sectors including real estate and life sciences.
Reliable Transportation Association expands U.S. commercial auto insurance with Lloyd's-backed Physical Damage program. Digital platform enables instant quotes, rewarding safety with competitive pricing.
Florida's top five auto insurers cut rates by 6.5% after legislative tort reforms reduce insurer litigation risks, influencing market-wide rate decreases.
Berkshire Hathaway reports improved Q2 reinsurance underwriting profits due to lower losses and expenses, despite primary insurance challenges linked to Guard.
Berkshire Hathaway reports 12% drop in insurance underwriting profit despite GEICO's improved margins. Highlights include Kraft Heinz write-down and management transition.
Key updates to ACA Marketplace policies include eligibility expansions, premium tax credit repayment limits, and enhanced enrollment periods, impacting federal budget and market dynamics through 2034.
AXA XL appoints Betsy Higgens and Megan Kelley to lead its Americas Wholesale Solutions team, signaling a strategic push in the Excess & Surplus market and insurance product development.
Oregon's homeowners insurance premiums have surged as insurers grapple with billions in wildfire-related claims since 2020, impacting affordability and market dynamics, especially in wildfire-prone areas.
Illinois explores restrictions on using socioeconomic data in auto insurance pricing, prompting industry pushback and regulatory debate on fair risk assessment and market stability.
Connecticut Bond Commission prepares to approve an additional $25 million to address crumbling home foundations, with insurance surcharges and state bonds totaling over $300 million to resolve the ongoing crisis.