Tag: Commercial Insurance

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.

2025 Medicare Advantage Star Ratings Drop Spurs Health IT Innovation Across Payers

The 2025 decline in Medicare Advantage Star Ratings intensifies regulatory scrutiny. Black Book Research reveals health IT strategies top plans use to boost quality, member experience, and compliance across all payers.

Florida Insurance Reforms Limit Accountability, Impact Policyholders and Market Stability

Florida's recent insurance reforms have reduced insurer accountability, complicating claims processes and impacting both personal and commercial policyholders amid rising premiums and market instability.

King Risk Partners Expands Northeast Presence with Fidens Insurance Acquisition

King Risk Partners expands Northeast insurance market footprint through the acquisition of Fidens Insurance Brokers, enhancing commercial and M&A insurance capabilities.

Relation Insurance Acquires Engle and Associates to Expand Market Reach

Relation Insurance Services expands its geographic and service footprint through acquiring Engle and Associates Insurance Brokers, enhancing local expertise with national resources.

Launch Underwriters Names Dennis Sparks as CEO to Drive Growth

Launch Underwriters appoints Dennis Sparks as CEO to lead growth and expand its underwriting platform in commercial and personal lines, targeting London and EU markets.

World Insurance Associates Acquires Christopher Williams Agency, Expands in New York

World Insurance Associates LLC acquires Christopher Williams Agency and Barrett Millard LLC, enhancing its insurance services and expanding its presence in the Rochester, NY market.