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Mission Underwriters Expands Digital Distribution Capabilities with Talage Acquisition

Mission Underwriters has taken a major step forward in modernizing commercial insurance distribution through its acquisition of Talage, a submission management platform designed specifically for the commercial insurance sector.

PAK Programs Expands Cyber Coverage for Beverage Industry

Vineyard agricultural fields in the countryside, beautiful aerial landscape during sunrise.

In an age where cyberattacks are becoming more frequent — and more damaging — PAK Programs is taking a proactive step to protect the alcoholic beverage industry.

Leadership Shake-Up at UnitedHealth Group as CEO Andrew Witty Abruptly Resigns

UnitedHealthcare headquarters in Minnetonka, Minnesota, USA, May 5, 2023. UnitedHealthcare is the health benefits business of UnitedHealth Group, an American health care and well-being company.

UnitedHealth Group was rocked on Tuesday, May 14, by the sudden resignation of its chief executive officer, Andrew Witty. The company cited “personal reasons” for his departure and announced that Stephen Hemsley will step back into the top role effective immediately.

Revau’s Strategic Merger Marks a New Era in North American Specialty Insurance

Revau Advanced Underwriting has taken a bold leap forward with the announcement of a transformational merger involving Brazos Specialty Risk Insurance and Twenty Mile Insurance Services.

Hub International Secures $1.6 Billion Investment, Reaches $29 Billion Valuation

Hub International Limited has announced a $1.6 billion minority equity investment, bringing its enterprise valuation to $29 billion. This marks the highest valuation to date for a private insurance brokerage.

Trump Signs Executive Order Targeting Lower Prescription Drug Prices

Part of daily life routine for an adult with ADHD, taking the right medication that helps them focus on daily life and achieve their goals throughout the day. These ADHD pills and other medicines are displayed with open pill bottles on top of a white counter top in the kitchen.

On May 12, U.S. President Donald Trump signed an executive order that aims to reduce the cost of prescription drugs in the United States by aligning prices with those paid in other developed countries.

Nevada Legislature Halts Bill to Increase Minimum Trucking Insurance Requirement

Many Trucks on the Country Road in the Evening at Sunset

A bill in the Nevada Legislature that sought to double the minimum liability insurance requirement for certain in-state commercial trucking operations has been withdrawn from consideration.

Self-Defense Insurance Gains Traction Amid Rise in Gun Ownership

The image shows the midsection of a person wearing jeans and a green shirt. The person has a handgun holstered at their waist. They are also wearing a black wristwatch on their left wrist. The background is somewhat blurred but appears to consist of a bench and possibly some other indistinguishable objects or people.

A growing segment of the insurance market is emerging in response to increased gun ownership and expanded self-defense laws across the United States: self-defense insurance.

NOAA Retires Billion-Dollar Disaster Database: What It Means for Insurers

The National Oceanic and Atmospheric Administration (NOAA) has announced it will no longer update its Billion-Dollar Weather and Climate Disasters database, a move that comes amid broader federal budget cuts to climate initiatives.

Global Banking Standards Shift Toward Climate Risk Awareness

Businessman analyze sustainability investment and signing a green business contract. Concept of Sustainable development. ESG, Co2, Green technology, Net zero, green energy, and Carbon credit.

Global banking regulators are stepping up efforts to deepen their understanding of climate-related financial risks, with renewed attention to the implications of extreme weather events on financial stability.