W.R. Berkley Appoints Shadi Albert as President of Vela Insurance Services
W.R. Berkley Corporation appoints Shadi Albert as president of Vela Insurance Services, signaling strategic leadership transition in excess and surplus lines insurance.
W.R. Berkley Corporation appoints Shadi Albert as president of Vela Insurance Services, signaling strategic leadership transition in excess and surplus lines insurance.
AJ Gallagher acquires Equinox Agency in an undisclosed deal, marking notable activity in insurance agency M&A and market consolidation.
Explore liability and claims challenges in retail parking lot vehicle damage cases as highlighted by a Walmart incident involving a $2,000 repair claim. Insights into insurer and third-party claims administrator roles.
Applied Home National Underwriters announces CEO Bob Courtemanche's departure after two years, signaling leadership transition in the P&C insurance sector.
Pennsylvania faces increasing inland flood risks prompting legislative efforts to improve flood risk disclosures, insurance affordability, and flood mitigation amid rising flood insurance claims and recovery challenges.
Orion180 debuts FLEX Home Insurance in nine Massachusetts counties, offering customizable coverage without coastal restrictions amid rising premiums and non-renewals.
House Bill 48 in Utah mandates new wildfire risk fees and updated mapping to guide insurance premiums and promote risk mitigation in high-risk wildland urban interface zones, impacting Wasatch and Summit counties starting 2026.
Health insurance premiums in the Affordable Care Act marketplace are projected to increase by 15% in 2025, driven by rising medical costs, new drug expenses, tariffs, and uncertain subsidy extensions.
Progressive Corporation reported a sharp rise in Q2 2025 profits driven by premium growth, improved underwriting margins, and positive investment returns, with policy counts rising across personal and commercial lines.
Travelers reports strong Q2 2025 results with improved underwriting discipline, premium growth, and strategic capital deployment, poised to outperform peers in the U.S. insurance market.