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.
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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.
Severe Dust Storms and High Winds Disrupt Travel Across New Mexico
New Mexico faced severe weather conditions on Tuesday as powerful winds and dust storms swept across the state, causing major highway closures, power outages, and fire hazards.
DUAL North America Expands Personal Lines Reach With Homebound Insurance Exchange Partnership
DUAL Personal Lines has announced a new partnership with Homebound Insurance Exchange to strengthen its capacity offerings and broaden its geographic presence.
Severe Storms and Tornadoes Leave 42 Dead Across Multiple States
At least 42 people have died following a weekend of severe storms and tornadoes that swept across the Midwest and South, leaving widespread destruction and power outages.
Legacy Insurance Advisors Adopts EZLynx to Enhance Efficiency and Growth
Legacy Insurance Advisors has selected EZLynx, an applied company, as its agency management system in an effort to enhance efficiency and improve client service.