Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, has announced that it has acquired the assets of Wycoff Insurance Agency, Inc. Terms of the transaction were not disclosed.
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Markel and Insurate Collaborate to Advance AI-Driven Workers’ Compensation Solutions
Markel Insurance announced a strategic collaboration with insurtech firm Insurate to enhance underwriting and risk management in the middle-market workers’ compensation sector.
Amazon and State Farm Reach Confidential Settlement in Patent Infringement Lawsuit
Amazon.com Inc. has settled a patent infringement lawsuit filed by State Farm Mutual Automobile Insurance Company. The case has now been dismissed with prejudice, according to a filing in Delaware federal court.
Travelers Unveils 2025 Injury Impact Report Highlighting Key Workforce Trends
The Travelers Companies, Inc. has released its 2025 Injury Impact Report, showing that while injury rates have declined since the pandemic, related costs continue to rise across more than 2.6 million claims.
Cybersecurity News: Threat Group Shifts Focus to Insurance Sector
A threat group known for high-profile retail cyberattacks has shifted its focus to the insurance industry, according to Google. The group, believed to be Scattered Spider, is linked to recent intrusions and uses tactics aimed at help desks and call centers.
Widespread Financial Anxiety in the U.S. Hits New Highs, Especially Among Younger Generations
A new national study conducted by Northwestern Mutual reveals that financial uncertainty is significantly impacting the mental, emotional, and physical well-being of Americans.
Pet Insurance Claims Help Predict Human Disease Outbreaks, New Study Finds
A new study published in Nature’s Scientific Reports reveals that data from pet insurance claims can serve as an early warning system for disease outbreaks in humans, potentially offering a one-year lead time before illnesses appear in people.
Trucking Insurance Brokers Face Market Volatility and Shrinking Options
Trucking insurance faces market strain as costs rise and insurer options shrink, demanding quicker, more detailed broker responses.
Inszone Insurance Services Acquires Denver West Insurance Brokers for Undisclosed Sum
Inszone Insurance Services has acquired Denver West Insurance Brokers, a Golden, Colorado-based agency known for personal and commercial insurance. The acquisition supports founder Tina Kiel’s retirement plans while maintaining continuity for clients and staff.
U.S. Business Owners Take Strategic Measures Amid Rising External Threats, Gallagher Survey Finds
A new survey from Gallagher, a global insurance brokerage and consulting firm, reveals that U.S. business owners are taking significant steps to shield their operations from a wide range of external threats.