Browsing: insurance

ICW Group Insurance Companies has launched ICW Specialty, a new Excess and Surplus (E&S) business unit under VerTerra Insurance, expanding its product strategy and entering new market segments.

Federal Life Insurance Company has completed its acquisition of Texas Service Life Insurance Company, a leader in preneed insurance, marking a significant development in the industry.

Insurance premiums for vessels navigating the Strait of Hormuz have surged by over 60% due to escalating tensions between Israel and Iran

RetailFirst Insurance Group’s insurers receive positive outlook from AM Best due to sustained improvement in operating performance

Insurance brokers are calling for insurers to show flexibility with co-insurance clauses due to the impact of tariffs on insured values, while insurers prefer to explore alternative solutions.

Columbus Business First recognizes Grange Insurance with Corporate Citizenship Award for outstanding community engagement and charitable contributions in 2024

Goldman Sachs Asset Management report reveals insurers’ strategies to boost retirement income solutions and platform innovations amid economic uncertainty

GCP Capital Partners announces the closing of a single-asset continuation vehicle transaction with Apollo S3 to support the continued growth of ALKEME Insurance, a full-service middle-market insurance brokerage in the United States.

Allstate Corp. reported $777 million in estimated pretax catastrophe losses for May, primarily due to three large-scale wind and hail storm events

Industry stakeholders expect artificial intelligence (AI) to revolutionize the global insurance business model by changing the industry’s skill base and facilitating more predictive risk management