ShoreOne Insurance Managers Inc. has announced a strategic partnership with Trisura Specialty Insurance Company to expand its capacity for homeowners in select coastal regions, backed by Trisura’s robust financial strength.
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Amwins Specialty Casualty Solutions Enhances Portfolio With Public Entity Excess Casualty Program
Amwins Specialty Casualty Solutions (ASCS), a leading MGA and specialty insurance program creator, has announced the launch of its Public Entity Excess Casualty Program.
Minnesota HOA Communities Grapple with Soaring Property Insurance Costs
A growing number of Minnesota’s condominium and townhouse communities are seeing sharp increases in property insurance rates, with some rising by as much as 400 percent.
The Doctors Company to Acquire ProAssurance for $1.3 Billion
In a landmark deal set to reshape the medical professional liability landscape, The Doctors Company — the largest physician-owned medical malpractice insurer in the U.S. — has announced plans to acquire ProAssurance Corporation for $25.00 per share in cash.
Munich Re Moves to Full Ownership of Next Insurance in $2.6B Deal to Expand U.S. Presence
In a major push to strengthen its foothold in the U.S. insurance market, Munich Re has announced plans to acquire the remaining 71% of California-based Next Insurance for a total valuation of $2.6 billion.
Nearmap Launches ‘Portfolio Intelligence’ Solution for P&C Insurers
Nearmap announced the launch of Portfolio Intelligence, an AI-powered pre-built solution allowing insurance carriers to move beyond individual property assessments and act on portfolio-level insights.
Key Highlights from the OECD Economic Outlook, Interim Report March 2025
The latest OECD (Organisation for Economic Co-operation and Development) Economic Outlook, Interim Report March 2025, provides an insightful analysis of global economic trends, highlighting resilience in 2024 but signaling headwinds in the years ahead.
Hail Happens: The Costly Storms Homeowners Can’t Ignore
Hailstorms are often overlooked compared to hurricanes and wildfires, but they are proving to be one of the most financially devastating weather events for homeowners and insurers alike.
Food Safety at Risk Amid Federal and State Budget Cuts
Recent federal and state budget reductions are affecting the U.S. food safety system, potentially increasing the risk of foodborne illnesses. Cuts under both the Trump and Biden administrations have impacted food testing, state inspections, and advisory committees focused on preventing outbreaks. These reductions may limit the ability of government agencies to detect and respond to… Continue reading Food Safety at Risk Amid Federal and State Budget Cuts
Colorado Advances Legislation to Expand Insurance Discounts for Consumers
The Insurance Rebate Reform Model Act (SB25-058), a bill aimed at updating Colorado’s insurance regulations, has passed the House Business Affairs and Labor Committee with unanimous support.