Chubb reports record Q3 property/casualty profits driven by strong underwriting performance and evolving market dynamics. Net premiums and investment income rise amid competitive pricing pressures.

MGT secures $21.6M in Series B funding to enhance AI-driven commercial P&C insurance for small businesses across the U.S. Expansion targets E&S markets and AI innovation.

Three Jacksonville teenagers face felony charges after crashing a stolen car into a mattress store, causing significant property damage and business interruption. The incident highlights insurance risks and claims implications for small businesses in urban areas.

AIG reveals new leadership structure for its North America Commercial Insurance division ahead of Don Bailey's retirement, focusing on strategic growth and digital innovation.

Inszone Insurance Services acquires Texas-based Head Insurance, enhancing its national platform with over a century of local expertise and expanding client access to broader coverage options and technology.

HWP Insurance appoints Jack Cauley as Vice President and Director of Commercial Sales to drive growth and innovative risk financing solutions.

Liberty Mutual Insurance introduces Infrastructure Solutions unit within Global Risk Solutions to support complex infrastructure projects with specialized underwriting and risk management.

Relation Insurance Services acquires two independent insurance firms to expand commercial, employee benefits, and Medicare-related offerings amid industry consolidation.

The global commercial insurance market is set to expand at a 7.9% CAGR, reaching $1.89 billion by 2030, driven by regulatory reforms, insurtech adoption, and rising risk exposures in North America, Asia-Pacific, and other regions.

Rockford Mutual Insurance launches commercial insurance products in Michigan, offering tailored coverage for small and mid-sized businesses through independent agents, enhancing market competition and choice.