Insurance

Succession gap fuels Inszone’s latest commercial lines deal

Founded by Sharpe in 1999, Corporate Insurance Group operates fully remotely across Tennessee, Mississippi, and Texas. It writes workers' compensation,...

Medicare’s GLP-1 discount excludes its sickest patients – a lesson for group plans

In group plans, the relevant question is whether GLP-1 coverage is structured around diabetes only, weight loss only, or both....

Avis Budget holds onto arbitration right despite months of litigation

Budget moved to dismiss and, in a reply footnote, "reserve[d] the right to move to compel arbitration." The breach-of-contract claim...

Mercury Insurance founder George Joseph dies at 104

Under his tenure as CEO, Mercury went public in 1985 and expanded beyond California in 1989. The company listed on...

“If you’re not taking care of your client, someone else will”

Trucordia CEO on how the soft market raises retention stakes, and a broker's biggest competitive weapon Disclaimer: This story is...

Parametric insurance just paid out for a coral reef for the first time in the US

Julia Rose, marine project manager for The Nature Conservancy in Hawaii, has framed the policy as a way to keep...

Hail drives E&S homeowners surge into inland states

California, Florida, and Texas still account for roughly 64% of total US E&S homeowners direct premiums, according to S&P Global...

Why your carrier’s storm model vintage matters at renewal

A new KCC white paper makes the case that AI-informed cat models are closing a dangerous pricing gap Disclaimer: This...

Centene CFO Drew Asher to retire as Chris Neczypor named successor

Neczypor joins from Lincoln Financial Group, where he served as executive vice president and CFO since February 2023. He will...

Derecho losses mount, but property market unlikely to turn, says broker

HUB head flags property, catastrophe and business interruption claims Disclaimer: This story is auto-aggregated by a computer program and has...

Soft property market sets up insurance-to-value reckoning, Amwins warns

“Our market has been in a hard market for a while, but there's been a little bit of a change,...

Why wholesale brokers are being squeezed as retail consolidation accelerates

The pressure is emerging from a retail channel that’s steadily concentrating. The Big “I” and Future One estimated 39,000 independent...