Safeco Insurance and Columbia Insurance Group have entered a strategic agreement that will transfer Columbia’s personal auto and umbrella insurance lines to Safeco, expanding both companies’ focus on their core markets.
Author: Maria Valdez Haubrich
Coastal Insurance Rate Hikes: A Looming Hearing and Industry Impacts
Insurance professionals across North Carolina are closely watching the negotiations between state regulators and insurance companies over proposed increases in homeowner insurance premiums, particularly for coastal regions.
Dockworkers’ Strike: What It Means
A dockworkers’ strike that began on October 1, 2024, across East and Gulf Coast ports threatens to disrupt supply chains nationwide. The strike, led by the International Longshoremen’s Association (ILA), stems from disagreements over wages and the automation of dockwork machinery.
vQuip Launches AdventureShield: Transforming Liability and Safety for Adventure Rentals
vQuip, a premier provider of specialty insurance programs and risk management solutions for complex, bespoke experience markets is proud to announce the launch of AdventureShield, an innovative, first-of-its-kind risk management solution designed specifically for the high-risk adventure rental sector.
Exemplar Accelerates Growth With New P&C Insurance Practice
Only a small percentage of holistic business service firms offer dedicated Property & Casualty (P&C) insurance solutions—an oversight Exemplar Companies is addressing with the launch of its new P&C service line, led by industry expert Christine Milone.
EPIC Announces Acquisition of TDC Life, Expanding Life and Executive Benefits Platform
Strategic acquisition aligns with EPIC’s growth objectives, significantly enhancing its competitive advantage and presence in the advanced planning and life insurance market.
Florida’s Insurance Crisis: Could Other States Shoulder the Burden?
As Florida grapples with skyrocketing home insurance premiums, a new legislative proposal could see the cost of insuring homes in disaster-prone areas spread across the entire nation.
Gulf Coast on Watch for a New Possible Storm Development Later This Week
The National Hurricane Center (NHC) has issued a notice advising residents along the Gulf Coast, including Florida, to monitor a growing tropical disturbance in the Caribbean Sea.
Hurricane Helene’s Aftermath: What Florida’s Insurance Market Can Expect
With over 50,000 claims and more than $500 million in estimated damage, the impact is widespread, but experts suggest the storm might not be as devastating to Florida insurance companies as feared.
Travelers Publishes 2024 Injury Impact Report
Analysis of 1.2 million workers compensation claims reveals the costliest claims are driven by the most common workplace accidents; also shows first-year employees still among those most vulnerable to injury.