Acrisure, a financial services firm based in Grand Rapids, Michigan, has raised $2.1 billion in a funding round led by Bain Capital’s special situations arm.
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Memorial Day Weekend Weather Alert: Storms to Persist Across Central and Southern U.S.
As Memorial Day weekend approaches, a persistent and evolving severe weather pattern threatens to disrupt plans across much of the central and southern United States.
Understanding Terrorism Insurance: Lessons from the Palm Springs Fertility Clinic Bombing
The recent bombing at a fertility clinic in Palm Springs, California — identified by officials as an act of terrorism — has reopened important discussions around terrorism insurance.
Nearmap to Acquire itel, Creating a Unified Property Intelligence Powerhouse for Insurance
Nearmap, a leading property intelligence provider, announced on May 20, 2025, its acquisition of itel, a trusted provider of property claims solutions.
Climate Risk: The Sixth “C” of Credit Worth Watching
First Street’s 13th National Risk Assessment reveals how disasters like flooding, hurricanes, and wildfires are producing “hidden credit losses” that lenders’ conventional models fail to anticipate.
Owens Insurance Agency and Stokes Farnham Insurance Agency Join World Insurance Associates
World Insurance Associates LLC has taken a significant step forward in its national expansion strategy with the acquisition of Owens Insurance Agency and Stokes Farnham Insurance Agency.
Q1 2025 Commercial Insurance Trends: Market Softens, But Litigation Keeps Pressure on Auto and Umbrella Lines
According to The Council of Insurance Agents & Brokers’ Q1 2025 P/C Market Survey, average premium increases slowed across the board, though certain sectors remain under pressure due to escalating litigation dynamics.
California Launches Smoke Claims & Remediation Task Force to Address Wildfire Aftermath
California Insurance Commissioner Ricardo Lara has announced the formation of a new Smoke Claims & Remediation Task Force within the California Department of Insurance.
New Study Finds Medicaid Expansion Associated with Lower Mortality Rates
A new study analyzing data from over 37 million Americans reports a link between Medicaid coverage and reduced mortality risk.
Tornadoes Devastate Kentucky and Missouri, Leaving at Least 25 Dead
A powerful spring storm system swept through the U.S. Midwest and Ohio River Valley overnight, spawning deadly tornadoes that devastated communities in Kentucky and Missouri.