INSURASALES

Legacy of Merton Segal: Founder of Meadowbrook Insurance Group and Industry Mentor

Merton Segal, founder of Meadowbrook Insurance Group, significantly influenced self-insurance and property casualty sectors, mentoring future insurance professionals and supporting Detroit philanthropy.

North Dakota Empowers Insurance Commissioner with Restitution and Fine Authority

North Dakota's new law grants the insurance commissioner authority to require restitution and impose fines on insurers, enhancing regulatory enforcement and consumer protections.

Amwins Launches CoverCap for Middle-Market Commercial Property Coverage

Amwins introduces CoverCap, a new primary property coverage solution targeting middle-market commercial property risks up to $50 million TIV, enhancing underwriting efficiency and risk management.

Nevada Senate Advances Bill to Double Trucking Liability Insurance by 2030

Nevada Senate passes bill to double trucking liability insurance from $750K to $1.5M by 2030, sparking debate over impact on small trucking firms and insurance market.

Group 1 Automotive Q1 Earnings Surpass Expectations with $128.1M Profit

Group 1 Automotive reported first-quarter earnings exceeding analyst estimates with $128.1 million net income and $10.17 adjusted EPS, highlighting robust financial performance in the auto dealership sector.

Global Commercial Insurance Rates Decline 3% in Q1 2025 Amid Casualty Rate Increase

Global commercial insurance rates dropped 3% in Q1 2025, continuing a trend of declining premiums except for a 4% rise in casualty lines driven by US market conditions.

Ohio Jury Clears GATX in $600M East Palestine Train Derailment Settlement

Ohio jury rules GATX not liable for $600M Norfolk Southern settlement over 2023 East Palestine train derailment sparked by railcar bearing failure.

Connecticut Homeowners Face Rising Insurance Non-Renewals Amid Cost Pressures

Connecticut homeowners saw a 45% rise in insurance policy non-renewals in 2023 amid rising repair costs and tariff-related inflation, reflecting national insurance market challenges.

Accelerant Expands Specialty Insurance Platform with Major Re/Insurer Integration

Atlanta-based insurtech Accelerant broadens its specialty insurance risk exchange by adding leading reinsurance and insurance firms to its data-driven platform, signaling increased tech integration in the sector.

MSI Launches CGL Insurance Targeted at Habitational Property Owners

MSI introduces a tailored commercial general liability insurance product for habitational property owners addressing rising risks and capacity challenges in the U.S. market.