Arthur J. Gallagher & Co. has announced that the anticipated closure of its $13.45 billion acquisition of AssuredPartners Inc. will likely be pushed to the second half of 2025.
Author: Maria Valdez Haubrich
Wildfire Recovery in L.A. Stalls as Insurers Pull Back on Coverage
The aftermath of the recent wildfires in Los Angeles, particularly in the Pacific Palisades area, has left displaced residents facing significant challenges in rebuilding due to insurance constraints.
USG Announces Hire of Joshua Reinhold in Trinity, FL
USG Insurance Services, Inc., a prominent national wholesaler and MGA, is pleased to announce the addition of Joshua Reinhold to their Tampa, FL, office.
Louisiana Property Insurance Market Shows Signs of Stability as Rate Increases Decline
The Louisiana Department of Insurance (LDI) reports notable progress in stabilizing the state’s property insurance. Since the legislation passed, 10 new homeowners insurers have entered the market.
Redfin Report: The Rise of the Rich Renters
Nearly three-quarters of the most populous U.S. metropolitan areas (35 out of 50) have seen wealthy renters take up a bigger piece of the rental market pie in recent years, led by Raleigh, NC, and Orlando, FL.
AccuWeather’s 2025 Tornado Season Forecast: What to Expect
As severe weather season kicks into gear across the United States, meteorologists at AccuWeather have released their predictions for the 2025 tornado season.
Navigating Mortgage Lending Risks Amid Reduced Oversight
The mortgage lending landscape has shifted dramatically, with recent changes affecting regulatory oversight. With the CFPB no longer enforcing certain protections as rigorously, borrowers and financial institutions alike must navigate an evolving market with increased caution.
Navigating Market Shifts: Nationwide Expands Surplus Lines Property Offerings
The property insurance market is undergoing significant changes as major insurers scale back in high-risk regions, prompting a surge in demand for excess and surplus (E&S) lines coverage.
SAN Group Welcomes Michael Sakraida as Regional Vice President
Satellite Agency Network Group, Inc. (SAN), the leading alliance of independent insurance agencies in the Northeast, is pleased to announce the appointment of Michael (Mike) Sakraida as Regional Vice President for Massachusetts, New Hampshire, and Maine.
Insurance Leaders Raise Record $1.2 Million for Charity at IICF Southeast Gala
The Insurance Industry Charitable Foundation (IICF), a nonprofit dedicated to strengthening communities, raised a record-breaking $1.2 million at its 13th annual IICF Southeast Gala last week at The Thompson in Dallas.