Author: Maria Valdez Haubrich

As hurricane season approaches, many Americans may be thinking only of the usual coastal hotspots. But a new report from Cotality™ is revealing a broader and more unsettling reality — hurricane risk is no longer confined to familiar flood zones.

Homeowners affected by the devastating January 7 wildfires in Los Angeles County have filed lawsuits against three major home insurance providers alleging they were left severely underinsured and unable to rebuild after the destruction of their properties.

Artificial intelligence (AI) is playing an increasingly significant role in transforming underwriting processes. A recent Capgemini report shows that 62% of executives believe AI enhances underwriting quality and reduces fraud.

Chartered insurance broker Konsileo has announced the appointment of Joe Zuk to its board of directors, marking the company’s third non-executive board member.

In the months following the January Eaton fire, which destroyed an estimated 6,000 homes in Altadena, a growing number of vacant lots have entered the real estate market, and many have already been sold.

Ategrity Specialty Holdings LLC is launching an IPO of 6,666,667 shares at an expected price of $14–$16 per share, will convert to a Nevada corporation named Ategrity Specialty Insurance Company Holdings, and has granted underwriters a 30-day option to purchase up to 1,000,000 additional shares.

In 2024, managing general agents (MGAs) and other delegated underwriting authority enterprises (DUAEs) in the United States generated $89.9 billion in premium, reflecting a 15% year-over-year increase.

A recent survey conducted by insurance brokerage Gallagher has revealed that a significant majority of U.S. business owners are worried about the potential impact of President Donald Trump’s newly introduced tariffs on their supply chains.

What does it really take to sell a Managing General Agency?

JAB Insurance has announced that Jin Chang will join the firm in July as a Partner, bringing more than 30 years of insurance experience.