Browsing: Business Insurance

Long Island builders and contractors are grappling with soaring commercial insurance rates, with the controversial Scaffold Law drawing criticism for its potential impact on construction costs.

PAVmed (NASDAQ: PAVM) announced its Q4 and full-year 2024 financial results, showcasing substantial advancements across its subsidiaries, particularly Lucid Diagnostics and Veris Health.

Specialty insurer Argo Group names new leadership amid strategic shift.

A new report from Lockton highlights challenges and opportunities in the U.S. property and casualty insurance market.

Ascot’s Lloyd’s Syndicate 1414 saw its profits decline in 2024 due to significant losses from catastrophes, including storms and the Baltimore Bridge collapse.

Several insurance companies have announced key leadership appointments and internal restructuring efforts aimed at strengthening their operations, technology, and underwriting strategies. These moves come as the industry adapts to evolving market conditions.

Ascot’s Lloyd’s Syndicate 1414 experienced a profit decline in 2024, significantly impacted by high catastrophe losses, including the Baltimore Bridge collapse and severe weather events.

HDI Global SE reported strong financial results for 2024, driven by growth and strategic initiatives. The company is also expanding its US operations with technological upgrades and specialized insurance lines.

The Doctors Company has entered into an agreement to acquire ProAssurance Corp. for $1.3 billion, making the company private.

Insurance Business America’s 2025 data reveals the best wholesale brokers and MGAs, who are becoming an increasingly important part of the industry. Discover which firms received the prestigious 5-Star designation based on their performance and service.