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Maine Storm Resilience Proposal Includes Insurance Industry-Funded Mitigation Grants

Jan 9 2025 // Maine Governor Janet Mills and House and Senate leaders are championing legislation to strengthen the ability of local communities, homeowners, businesses, and emergency responders to prepare for and withstand future...

Afore Moves into Childcare Insurance Market With Block Insurance of Florida

Dec 20 2024 // Afore Insurance Services, a brokerage and broker acquisition platform based in the Atlanta area, has acquired Block Insurance in Oveido, Florida, a firm that has specialized in finding coverage for childcare providers,...

China Aims to Boost Foreign Investment in Property Insurance Market

Dec 6 2024 // China’s financial regulator unveiled a plan on Friday to enhance supervision and support the development of the property insurance industry, according to a statement.The country will support qualified foreign...

AM Best: US P/C Industry Reverses Nine-Month Underwriting Loss

Dec 4 2024 // Growth in net earned premiums outpaced a slight increase in losses and loss adjustment expenses to result in the U.S. property/casualty industry posting a nine-month 2024 underwriting profit of $4.1 billion versus a loss...

5 Ways to Prepare for the End of the Hard Market

Dec 2 2024 // For a long time, the hard market has made it difficult for agents to offer their clients the coverage they want at affordable prices — assuming coverage was available at all. Now, there are signs that this is...

Unite and Conquer: How the Insurance Industry Can Deflate Social Inflation

Nov 27 2024 // At one of the early meetings of American Legal Connections, Rich Henderson, a senior vice president for reinsurer TransRe, bumped into a concerned client from a hospital insurance company who brought his team members to...

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