Beginning July 1, 2025, Florida insurance agents will no longer be required to complete a “diligent effort” to obtain coverage from admitted carriers before turning to surplus lines insurers.
Author: Maria Valdez Haubrich
Smart Insurance Joins Integrity to Expand Reach and Empower Agents
A strategic partnership aims to bridge Medicare gaps in Asian American communities and fuel agent growth through advanced tools and resources.
Intelligent Speed Assistance: A New Tool in Traffic Safety Enforcement
As traffic fatalities continue to rise across the United States, state governments are exploring new ways to reduce dangerous driving behavior, especially among those with a history of excessive speeding.
Navigating Shifts in the Environmental Insurance Market: Key Trends and Emerging Risks
The environmental liability insurance market remains generally stable, but underlying shifts in risk profiles, regulatory enforcement, and coverage limitations are prompting carriers and insureds alike to reassess their strategies.
HUB Int’l Grows MA Employee Benefits With Allegiant Acquisition
HUB International Limited, a leading global insurance brokerage and financial services firm, announced today that it has acquired the assets of Allegiant Global Partners, Inc.
California Safe Homes Act: A Bold Step Toward Wildfire Resilience and Insurance Relief
The recently introduced California Safe Homes Act (Assembly Bill 888) offers a lifeline for communities at risk and homeowners grappling with rising insurance costs.
NSM Execs Unveil Bold New Specialty Insurance Venture
A seasoned leadership team with a legacy of growth at NSM Insurance Group unveils a bold new specialty insurance platform.
CVS Health to Exit ACA Market in 2026: What Aetna Members Need to Know
CVS Health has announced its intention to exit the Affordable Care Act (ACA) individual insurance market beginning in 2026, affecting roughly 1 million Aetna policyholders across 17 states.
Rising Secondary Perils Trigger Urgent Stress Testing Needs for U.S. P&C Insurers, Says AM Best
A new AM Best report warns that nearly half of all U.S. states have experienced record-breaking property catastrophe loss ratios, exceeding their 10-year medians by over 20 percentage points, underscoring an urgent need for insurers to reevaluate risk strategies in light of secondary perils.
Ryan Specialty Completes Acquisition of USQRisk Holdings
Ryan Specialty, a leading international specialty insurance firm, is pleased to announce it has completed the acquisition of certain assets of USQRisk Holdings, LLC.