INSURASALES

Tag: Commercial Insurance

Relation Insurance Services Expands Footprint with Strategic Acquisitions

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

Global Commercial Insurance Market to Reach $1.89B by 2030, Driven by Regulatory and Tech Adoption

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 Expands Commercial Insurance into Michigan Market

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.

Starr Insurance Names Sean Chen APAC President as Phil Finley Retires

Starr Insurance appoints Sean Chen as APAC President, succeeding Phil Finley, who retires after 23 years. Key leadership change impacts APAC commercial insurance strategy.

Honeycomb Insurance Expands Specialty Non-Admitted Program Nationwide with Enhanced Limits

Honeycomb Insurance expands its non-admitted specialty program nationwide, increasing insured property limits and integrating platforms amid a challenging commercial property insurance market.

U.S. Commercial Liability Insurance Sees Seventh Year of Premium Increases

Explore key trends in U.S. commercial liability insurance premiums, capacity shifts, risk retention strategies, and underwriting challenges amid rising court settlements and market pressures.

Relation Insurance Services Acquires Advantage Insurance Group Expanding Oklahoma Presence

Relation Insurance Services acquires Advantage Insurance Group, enhancing its presence in Oklahoma and expanding its personal and commercial insurance offerings through advanced resources and local expertise.

US Commercial P&C Market Most Favorable for Buyers in 5-6 Years

US commercial property and casualty insurance market offers most favorable buying conditions in over five years, with competitive pricing and improved terms, reports Lockton.

Massachusetts Commercial Health Insurers Propose 13.4% Average Rate Increase for 2026

Massachusetts commercial health insurers propose an average 13.4% rate increase for 2026 premiums in the merged individual and small business market, per state regulators.

US Commercial P&C Insurance Market Adjusts Amid Elevated 2025 Catastrophe Losses

The US commercial P&C insurance market faces elevated catastrophe losses in 2025, with wildfire intensity and material costs impacting underwriting, premiums, and availability. Stable capital and competitive renewals present opportunities amid ongoing challenges.