The Franklin Fire in Malibu, California, rapidly grew overnight, consuming nearly 4,000 acres and forcing evacuations for most of the city.
Author: Maria Valdez Haubrich
California’s Insurance Market: Navigating Wildfires, Inflation, and Change
California’s insurance market faces unprecedented challenges due to climate change-driven disasters and persistent economic inflation, forcing some carriers to withdraw from the market entirely.
Top Property and Casualty Insurance Trends for 2025: Insights from Industry Leaders
From AI-driven innovations to shifts in coverage strategies and the rise of alternative insurance models, the P&C insurance industry in 2025 is set to evolve in response to consumer needs, climate risks, and technological advancements.
Inszone Insurance Services Enhances Automotive Industry Expertise
Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, announces the acquisition of Commercial Insurance of Texas Agency Services, a specialized agency based in Texas.
Aftermath of Crisis Highlights Challenges in Health Insurance Transparency and Access
The recent tragic events surrounding UnitedHealthcare have brought renewed attention to the systemic frustrations many Americans experience with the health insurance industry.
Study: 80% of Insurtech MGAs are Developing Their Own Products
ReSource Pro and InsurTech NY today released a new research report examining insurtech MGAs and their impact on reshaping the insurance landscape.
New Peer Network Aims to Help U.S. Cities Adopt Climate-Resilient Infrastructure
A new initiative from the Smart Surfaces Coalition seeks to support U.S. cities in enhancing climate resilience through innovative urban infrastructure.
Global Insurance Revenue to Hit $7.5 Trillion by 2025
The global insurance industry is poised for significant growth despite recent economic challenges and evolving risk landscapes, according to Accenture’s Insurance Revenue Landscape 2025: Innovate for Resilience report.
Business Travel Market Growth Highlights Key Considerations
The global business travel market, projected to grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2030, is expected to reach USD 928.45 billion by the end of the forecast period, according to Verified Market Reports®.
Breaking News: Arthur J. Gallagher & Co. Acquires AssuredPartners for $13.45 Billion
In a landmark deal, Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management, and consulting services firm, has signed a definitive agreement to acquire AssuredPartners for $13.45 billion in an all-cash transaction.