Four subsidiaries of Progressive Corp. have agreed to a nearly $14 million class action settlement to resolve allegations that they underpaid New York policyholders on total loss vehicle claims.
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New Study “Addressing the Personal Cyber Protection Gap”
As cyber threats continue to evolve and escalate, a new report reveals a troubling disconnect between the growing risks individuals face online and the low adoption of personal cyber insurance
America’s Top Wholesale Brokers and MGAs for 2025
Insurance Business America (IBA) has officially revealed the winners of its 2025 5-Star Wholesale Brokers and MGAs awards, celebrating the firms that stood out in a rapidly growing sector of the insurance industry.
INSTANDA Announces Strategic Partnership with Benekiva to Modernize Life & Health Insurance Claims Processing
INSTANDA, a world-leading policy administration and digital distribution system, has announced a strategic partnership with Benekiva, a leading insurtech dedicated to transforming claims management with speed, intelligence, and compassion.
USG Announces Hire of Cody McStotts in Saint George, UT
USG Insurance Services, Inc., a prominent national wholesaler and MGA, is pleased to announce the addition of Cody McStotts to their US Satellite team. McStotts has joined as Associate Producer/Broker and will be working under the guidance of Jim Parsons, First Vice President: Regional Manager.
1 in 7 U.S. Homes Are Uninsured, New LendingTree Study Reveals
Millions of American homeowners are living without a safety net. According to a new study by LendingTree, nearly 1 in 7 owner-occupied homes across the United States — an estimated 11.3 million properties — are uninsured.
ShoreOne Insurance Managers Expands Offerings for Coastal Homeowners
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.
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.
