MountainOne Insurance Promotes Donna Bishop to Senior VP Commercial Lines
MountainOne Insurance Agency promotes Donna Bishop to Senior VP, enhancing leadership in commercial lines operations and strategic growth initiatives.
Legacy Risk Solutions Merges with PointeNorth Insurance Group to Expand Specialty Lines
Legacy Risk Solutions merges with PointeNorth Insurance Group, expanding specialty insurance options in hospitality, trucking, real estate, and transportation across 40 offices with 600+ employees.
U.S. Insurance Rates Show Moderate Increases in Q2 2025 Across Personal and Commercial Lines
Q2 2025 U.S. insurance pricing shows moderate increases in personal and commercial lines, with notable hikes in high-net-worth homeowners and commercial auto sectors, reflecting market stabilization and underwriting cycle adjustments.
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.
Progressive Reports Strong Q2 2025 Profit with Premium and Policy Growth
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.
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.
Independent Insurance Agents Drive Majority of U.S. Property and Casualty Premiums
Independent insurance agents place 62% of U.S. property and casualty premiums and 87% of commercial lines, leveraging diverse offerings and bundling advantages under regulatory compliance.