Browsing: insurance

Insurance premiums for vessels navigating the Strait of Hormuz have surged by over 60% due to escalating tensions between Israel and Iran, increasing the cost of insuring a $100 million ship to $200,000 per passage.

Young entrepreneur Jordan White launches insurance agency in former Red’s Insurance office

22-year-old Jordan White takes over Red’s Insurance client list and expands services

Chicago-based specialty insurance firm Ryan Specialty LLC has acquired Portage-based insurance broker JM Wilson Corp. and opened a new office in Livonia, marking its entry into the Michigan market.

Dairy Protect by Breakwater Insurance Brokers launches tailored insurance solutions for dairy farmers in western Victoria and regional South Australia

The insurance industry’s broker-carrier dynamic is undergoing significant changes driven by consolidation, operational efficiency, and shifting expectations. Jorge Martinez of Patriot Growth Insurance Services explains how these factors are impacting relationships and creating new opportunities.

Colorado sees 159% increase in billion-dollar weather disasters; Kin brings technology-driven home insurance solutions to the state

Insurance broker Reliance Global Group Inc. withdraws public offering to fund Spetner Associates acquisition, opting to sell Fortman Insurance subsidiary instead

Patriot Select Property and Casualty Insurance Co. picks up nearly 12,000 homeowners insurance policies from Citizens Property Insurance Corp.

The Michigan Department of Insurance and Financial Services is reminding residents to review their insurance coverage during National Homeownership Month