How does Marsh compare to the rest of the sector? Whether this pattern is Marsh-specific or sector-wide is not yet entirely clear, as most of its peers have not reported Q2. Aon is scheduled to release its Q2 2026 results on July 29 – after this piece was filed – so a direct comparison isn’t…
London phase of a comprehensive mission The insurance meetings were a part of a longer Florida trade mission to the UK, which also included the fifth UK-Florida MOU Working Group meeting covering aerospace, aviation, life sciences and emerging technology, as well as separate events associated with the Farnborough International Airshow. For the insurance and reinsurance…
At its 2026 Spring National Meeting in March, the National Association of Insurance Commissioners issued a nationwide homeowner market data callIt is described by the NAIC as the most comprehensive collection of homeowner insurance policy data ever collected in the US. All 50 jurisdictions agreed to participate. The call requires insurers writing at least $50,000…
An experienced Charlotte-area agency specializing in collector cars. Larry S. Helms & Associates specializes in specialty coverage areas, including construction and collector vehicles, and has developed one of the region’s largest Hagerty portfolios focused on high-value collector automobiles. Firm principal Steven Helms (pictured, left) said the arrangement was designed to expand opportunities without giving up…
The Appellate Division reversed, and the Supreme Court agreed. The problem was mismatch of powers. New Jersey’s Insurance Fraud Prevention Act allows recovery of “compensatory damages, investigative expenses, costs, attorneys’ fees, and, where a pattern of fraud is established, treble damages.” The state’s anti-racketeering law allows private parties to sue in court for damages and…
Grange names CDO with $18 billion distribution track record Grange Insurance Company has named Christa Conte (pictured, center) as chief delivery officer – a role Grange’s chief property and casualty officer Ryan Mitchell described as critical to the company’s future growth. This appointment brings distribution experience on a scale that far exceeds Grange’s own book….
Arthur J. Gallagher & Company has announced that its wholesale brokerage, binding authority and program division, Risk Placement Services, has acquired Greensburg, Pennsylvania-based WN Toscano Agency. Terms were not disclosed. Toscano is a managing general agency and wholesale insurance broker serving independent agents in western Pennsylvania, offering commercial auto and trucking, general liability, inland marine…
Now, Amwins Program Underwriters has restructured its Logistics Operations program around that liability shift, supported by its proprietary FreightLock coverage form, which combines freight forwarders, motor carriers, warehouses, transportation brokers and errors and omissions liability into a single placement. Coverage is placed on a non-recruited basis through some underwriters at Lloyd’s, with monoline options available…
The debt in question is collateralized debt obligations: securities tied together from bundles of corporate loans, much of it lent to companies with junk credit ratings. Regulators had become uneasy about how much of it was held by insurers and how low the reserves behind it were. So the National Association of Insurance Commissioners spent…
What does Rousseau’s proposal include? The centerpiece is the proposed Florida Catastrophic Hurricane and Wind Protection Program, designed to act as a standalone hurricane and wind policy rather than a multiperil homeowner replacement. Homeowners will likely still need separate coverage for fire, theft and other non-disaster perils. The campaign says the model could reduce premiums…
