The U.S. insurance distribution market reached $210.37 billion in 2023 and is projected to grow to $337.26 billion by 2029.
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Amwins Program Underwriters Announces New Carrier for Architects & Engineers Program
The program continues to provide professional liability coverage for architectural and engineering firms across the United States.
ILS Market Sees Strong Demand as Investors Expand Into New Insurance Structures
Investor demand remains high, though questions are emerging about the long-term sustainability of returns amid rising capital inflows.
IICF Midwest Gala Celebrates 15 Years and $640,000 in Community Grants
The event celebrated the division’s 15th anniversary and highlighted more than $640,000 in Community Grants awarded to 55 nonprofits serving communities across the Midwest.
Liberty Mutual Retires Safeco Brand, Consolidates Under Single Name
Safeco customers retain their existing agent relationships, and their policies are not affected by the transition.
Google Plans $40 Billion Investment in Anthropic Amid AI Infrastructure Race
The announcement follows Anthropic’s release this month of its latest model, Mythos, to a limited group of partners.
Global SME Insurance Market Projected to Reach $45 Billion by 2033
The study projects the market will grow from $25.8 billion in 2026 to $45 billion by 2033, reflecting a compound annual growth rate of 8.2%.
Federal Court Strikes Down Key Internal Revenue Service Rule on Micro Captive Insurance
On April 15, Senior Judge Lee H. Rosenthal of the U.S. District Court for the Southern District of Texas vacated the IRS classification of 831(b) micro captive insurance plans as “listed transactions.”
Senate Committee Rejects Bill Requiring Insurance Coverage for Fire-Resistant Homes
The decision marks the latest setback for similar proposals introduced in recent years.
Theft Risks Increase for Farm Equipment During Spring Planting Season
The seasonal surge in field activity creates conditions that may expose valuable assets to potential loss.