Industry News
Horace Mann Enters New Jersey; Partners With Plymouth Rock
Horace Mann Educators Corp., which targets teachers and others in education, announced its expansion into New Jersey. Already serving educators in more than 40 states, Horace Mann will offer its ...
Micro-Captives Growing Like Weeds in Hard Florida Market
Despite continued uncertainty over the future of federal tax rules on micro-captive insurance companies, the instruments seem to be increasingly popular for small businesses, especially in Florida, ...
Mixed Bag: What Trump 2.0 Tariffs, DOGE Activities Mean For Insurers
Setting aside the populist flavor of his campaign rhetoric, Donald J. Trump's previous service as the nation's 45th President presents a remarkable opportunity to make educated guesses about the ...
Survey: Better Communication Needed For Totaled Auto Claims
Drivers who have had their car declared a total loss are noticeably impacted by how carriers communicate them. That's according to survey of U.S. policyholders that shows drivers' emotional state and ...
Effective Jan. 1, Workers Comp For Mental Health Available To NY Workers
New York Governor Kathy Hochul has signed legislation to expand workers compensation benefits to people who are facing job-related mental health crises. The new law, which goes into effect January 1, ...
Economic Threats Top of Mind for Business Leaders
Economic downturn, labor shortages and inflation top the list of concerns for business leaders globally, according to the World Economic Forum's 2024 Executive Opinion ...
Gallagher to Buy AssuredPartners for $13.5B to Increase Mid-Market Reach
Arthur J. Gallagher this morning said it has entered into an agreement to acquire AssuredPartners for $13.45 billion cash to expand its reach in the U.S. middle-market property/casualty and employee ...
Insured Losses From Natural Disasters Top US$100B for 5th Consecutive Year: Swiss Re
Estimated insured losses from natural catastrophes are on track to surpass US$100 billion in 2024 – for the fifth consecutive year -- and are even likely to hit US$135 billion-plus, according to ...