The team of hurricane researchers at Colorado State University has predicted an above-average Atlantic hurricane season for 2025. CSU’s initial forecast of the hurricane season issued April 3 calls for 17 named storms and nine hurricanes – with four major hurricanes of at least Category 3 (111 mph or more) strength. The average hurricane season…
Brokerages insight: A deep dive into Gallagher | Insurance Business America Brokerage Market Review Brokerages insight: A deep dive into Gallagher The California Surplus Lines Market Index highlights the sector’s resilience and adaptability, even amid economic and environmental challenges. These trends serve as both a gauge of market health and a strategic tool for shaping…
Hub international Limited announced that it has acquired the assets of Dansig, Inc., d/b/a Dansig Insurance Risk Advisors (Dansig). Terms of the transaction were not disclosed. Located in Decatur, Illinois, Dansig is an independent insurance risk advisor offering a suite of employee benefits services, and commercial and personal insurance to help clients manage insurance costs,…
How can the industry break down barriers? Source link
At 2 a.m. Friday, Rick Saldaña was traveling back to Edinburg from Mercedes, a city about 26 miles away, in an area known as the Mid-Valley. The roads were flooded. The frontage roads that feed into the expressway resembled lakes. Hundreds of cars were abandoned by people unable to drive further. The rain kept coming….
Profitability and pricing Implications | Insurance Business America Featured Content Profitability and pricing Implications The California Surplus Lines Market Index highlights the sector’s resilience and adaptability, even amid economic and environmental challenges. These trends serve as both a gauge of market health and a strategic tool for shaping policy offerings, pricing and risk management. Please…
Deadly storms and flooding rains left a path of destruction across 14 states in the US South and Midwest, knocking out power to more than 400,000 customers. Record rain fell in Memphis and eastern Missouri overnight and more is expected through the weekend. The worst damage was in the central Mississippi River Valley and into…
For years, I’ve worked to expose the ways in which Big Insurance prioritizes profits over patients. And for years, I’ve seen firsthand that concern over corporate abuse in health care is not limited to any one political party. In recent weeks, I’ve had meetings with multiple Republican and Democratic congressional offices in which lawmakers and…
Attracting and retaining younger generation | Insurance Business America Lines of Business Insights Attracting and retaining younger generation The California Surplus Lines Market Index highlights the sector’s resilience and adaptability, even amid economic and environmental challenges. These trends serve as both a gauge of market health and a strategic tool for shaping policy offerings, pricing…
Texas, Oklahoma and New Mexico reported new measles cases this week, with the outbreak expanding for the first time into central Texas. Already, the U.S. has more measles cases this year than in all of 2024, the U.S. Centers for Disease Control and Prevention has said. Other states with outbreaks — defined as three or…