Arthur J. Gallagher Acquires Pacific Northwest Brokerage Durham & Bates
Arthur J. Gallagher expands into Pacific Northwest by acquiring insurance brokerage Durham & Bates, boosting property/casualty and employee benefits services.
Buffalo Grove Residents Face Property Damage Risks from Golf Course Stray Balls
Buffalo Grove homeowners near The Arboretum Club golf course report repeated property damage from stray golf balls, highlighting liability and reimbursement challenges.
Oklahoma Homeowners Face Rising Insurance Costs Amid Coverage Gaps for Hail and Flood Damage
Oklahoma homeowners encounter high insurance premiums and significant coverage gaps for hail and flood damage, emphasizing the importance of regular policy reviews and flood insurance amid increasing weather risks.
Baker Tilly Supports P&C Insurer in NAIC AI Governance Compliance and Maturity Assessment
Baker Tilly partnered with a mutual P&C insurer to validate compliance with the NAIC Model AI Bulletin and benchmark AI governance maturity, delivering a strategic roadmap for responsible AI adoption in insurance.
Social Inflation Drives Up Workers Compensation Claims Severity and Costs
Social inflation is increasing the severity and cost of U.S. workers compensation claims, driven by legal challenges, regulatory changes, and evolving claim management strategies.
Flood Insurance: Essential Coverage Homeowners Often Overlook
Many homeowners lack flood insurance despite flood risks outside high-risk zones. Learn why flood coverage and preventive maintenance are crucial for all property owners.
Palomar Holdings Outperforms with Strong Growth and Profitability in Specialty Insurance
Palomar Holdings reports strong earnings growth, premium valuations, and strategic expansion in crop and Surety insurance, highlighting its robust position in specialty insurance markets.
Unaddressed Enforcement Gaps Undermine Efforts to Lower Car Insurance Rates
Efforts to reduce car insurance rates are undermined by enforcement challenges and prevalence of uninsured drivers, with legislative reforms showing limited impact on premiums.
Insurance Gaps in Gig Economy Driving: Coverage Considerations for Rideshare and Delivery
Explore critical insurance coverage gaps for gig economy drivers, with insights on rideshare endorsements and risk mitigation strategies for delivery and rideshare workers.
TransRe Adopts Cytora AI to Digitize Facultative Reinsurance Operations
TransRe partners with Cytora to deploy AI-driven digital risk processing in facultative reinsurance, improving underwriting accuracy and operational efficiency.