Browsing: Business Insurance

Specialty insurance broker TravMark appoints Shannon Lofdahl to lead its growth and expansion efforts.

Lancashire Holdings Ltd., a London-listed specialty insurer, reported a successful 2024 and anticipates a mid-teens return on equity in 2025, despite significant claims from catastrophic events, including the Baltimore bridge collapse.

Markel promotes Nan Fine and appoints Hillary Warren to bolster its excess casualty operations in the Southeast Region, following a successful year for the company.

HUB International Limited, a global insurance brokerage and financial services firm, welcomes new talent and expands its services.

Maryland’s Acting Insurance Commissioner backs legislation to increase oversight of auto insurance telematics, focusing on consumer protections and data privacy.

Global insurance brokerage Hub International welcomes Steven Glasgow and Jordan Sibler to HUB Mid-South and appoints new leaders, including Fran Scott and Carol Murphy.

Oakbridge Insurance, a leading privately owned insurance agency in the Southeast, announces the appointment of John Ledyard to the roles of Executive Vice President and Chief Operating Officer.

The London-listed insurer Lancashire Holdings reported robust financial results for 2024, driven by strong underwriting and investment returns, and anticipates continued growth in 2025, despite facing significant claims from the Baltimore bridge collapse and other catastrophic events.

WTW’s Commercial Lines Insurance Pricing Survey (CLIPS) reveals a continued upward trend in U.S. commercial insurance rates for Q4 2024, though the pace of increases has slowed.

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