The U.S. private flood insurance sector has expanded steadily in recent years, showing strong underwriting performance, but it still represents a relatively small portion of the overall property and casualty insurance market. According to Fitch Ratings, despite this momentum, only about 4% of U.S. homeowners currently have flood insurance coverage. Wide Gap Between Economic and… Continue reading U.S. Private Flood Insurance Market Sees Growth but Remains Limited
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Gray Divorce: A Growing Risk to Retirement Security
The rising trend of gray divorce — divorces occurring among adults aged 65 and older — is reshaping retirement planning in unexpected ways.
Faulkner University and Thompson Insurance Launch Internship and Annual Scholarship for Risk Management Students
Faulkner University and Thompson Insurance, Inc. have partnered to create new opportunities for students pursuing a Bachelor of Science in Risk Management and Insurance (RMI).
Flash Flooding and Severe Thunderstorms Threaten the Plains to the East Coast
Multiple rounds of thunderstorms are sweeping across the Plains, Midwest, and mid-Atlantic this week, bringing flash flooding, damaging winds, and hail.
1823 Partners Launches With Multi-Billion-Dollar Asset Mandate From JAB Insurance
Firm addresses growing demand for differentiated asset management solutions in the insurance sector.
Cybersecurity Insurance Market Projected to Reach $32.19 Billion by 2030
The global Cybersecurity Insurance Market is on a steep growth trajectory, expected to more than double from USD 16.54 billion in 2025 to USD 32.19 billion by 2030, according to the latest analysis from MarketsandMarkets™.
Natural Catastrophe and Climate Report 2025: A Picture of Global Risk Trends
The Gallagher Re “Natural Catastrophe and Climate Report” reveals a complex picture of global risk trends in the first half of 2025. While the overall economic losses from natural perils hit their lowest point in more than a decade, the insured losses told a very different story.
Senators Reintroduce Flood Insurance Relief Act
U.S. Senators Rick Scott and Ashley Moody have reintroduced the Flood Insurance Relief Act, legislation designed to provide tax relief for Americans who purchase flood insurance.
USG Announces Hire of Aaron Butchino in Phoenix, AZ
USG Insurance Services, Inc., a prominent national wholesaler and MGA, is pleased to announce the addition of Aaron Butchino to their esteemed Brokerage Division.
Warburg Pincus to Acquire Majority Stake in Keystone Agency Partners, Driving Next Phase of Growth
Keystone Agency Partners (Keystone), a leading national insurance broker and agency network, has announced a transformative investment from Warburg Pincus, a global leader in private equity growth investing. Under the agreement, Warburg Pincus will acquire a majority stake in Keystone, positioning the company for its next expansion phase. Existing investor Bain Capital, which launched Keystone… Continue reading Warburg Pincus to Acquire Majority Stake in Keystone Agency Partners, Driving Next Phase of Growth