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Aon plc today announced the launch of Aon Broker Copilot, a platform that uses artificial intelligence, large-language models and predictive analytics in the commercialinsurance placement process. “Aon Broker Copilot equips our brokers with the tools to lead with insight …
Global commercialinsurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024 marking the second consecutive quarterly decrease following seven years of rising rates, according to the Global Insurance Market Index published …
Is an Invasion Covered Under a CommercialInsurance Policy? appeared first on Property Insurance Coverage Law Blog. where I gave a short explanation of the day: Tampas Mayor refused to hand over the keys to the city on Tuesday to … The post Pirates Invade Tampa!
China wants commercialinsurance firms to invest in the development of homegrown medicines, Beijing’s latest bid to support its burgeoning biotech and pharmaceutical sector. Commercialinsurers have been encouraged to set up investment funds to provide long-term financing and “patience …
Commercialinsurance rates during the third quarter in the U.S. According to Marsh’s Global Insurance Market Index — which noted the first decline in global commercial rates since the third quarter 2017 — … increased 3%, with casualty rates up 10%.
Global commercialinsurance rates fell 1% in the third quarter of 2024 from the previous quarter, which marked the first time the index has recorded a quarterly decline since the third quarter of 2017, according to the Global Insurance Market …
commercialinsurance rates went up again in the first quarter 2025, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). Carriers reported an aggregate price increase of 5.3% during the first three months of 2025 …
Global commercialinsurance rates remained flat during the second quarter of 2024 (down from a 1% increase in Q1 2024), according to Marsh’s Global Insurance Market Index. The findings mark the first time in nearly seven years – since the …
Global commercialinsurance rates remained flat during the second quarter of 2024 (down from a 1% increase in Q1 2024), according to Marsh’s Global Insurance Market Index. The findings mark the first time since the third quarter of 2017 that …
Inszone Insurance Services acquired Evers Insurance LLC in Cave Creek, Arizona. Evers Insurance specializes in commercialinsurance, particularly in the garage and auto dealer industries. It was founded in 2011 by Britt Evers. Jake Evers also contributed to the firm’s …
The Clear Group, he London-based insurance intermediary, announced the acquisition of C.R. a commercialinsurance broker based in East Horsley, Surrey, UK. Toogood & Co. Financial details of the deal were not disclosed. Clear said this strategic move underscores …
This post is part of a series sponsored by Darkhorse Insurance. Are you dipping your toes into commercialinsurance sales? Well, hold on tight because selling commercialinsurance isn’t your run-of-the-mill business. To navigate these waters successfully, you can’t just …
Starr Insurance reported that South Korea’s Financial Services Commission has granted Starr International Insurance (Singapore) Pte. Korea branch, a license to operate in Seoul and begin selling commercial property/casualty insurance throughout Korea. “Korea is one of the largest commercial …
GEICO announced the addition 500 new jobs in North Texas in an expansion of its commercialinsurance business. Of these positions, 300 will support GEICO’s commercial operations at its Richardson office, which has been designated as a main hub to …
commercial lines insurance sector for 2025, due partly to the segment’s persistently strong underwriting performance and improved investment returns, which have bolstered operating profitability. AM Best is maintaining its stable market segment outlook on the U.S. Reserve adequacy in the …
Global commercialinsurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4 2024, according to the Global Insurance Market Index published quarterly by insurance broker Marsh. The Q1 2025 average commercial rate …
1 At … The post Clear Language Wins the Day: Court Rules Ambiguity Favors Policyholders appeared first on Property Insurance Coverage Law Blog. 1 At … The post Clear Language Wins the Day: Court Rules Ambiguity Favors Policyholders appeared first on Property Insurance Coverage Law Blog.
Florida-based insurance brokerage King Risk Partners announced it has acquired Cameron Group, Inc., an independent insurance agency located in Nanuet, New York. Cameron Group serves New York, New Jersey, and Connecticut with personal and commercialinsurance. The Cameron acquisition is …
Learn how business interruption insurance protects your business stability and income during a temporary closure. The post What is Business Income Insurance? appeared first on Central Insurance Blog.
Trust impacts customer satisfaction, loyalty and brand advocacy more than other factors when small businesses choose a commercialinsurance provider. Small CommercialInsurance Study found that among small businesses with the most trust in their insurers, … Power’s 2024 U.S.
Global commercialinsurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024marking the second consecutive quarterly decrease after seven years of rising rates, according to the Global Insurance Market Index published by insurance …
Insurance software firm Applied Systems reports that it has acquired Planck, a leading artificial intelligence (AI) company for the insurance industry. Planck provides an AI-based data platform for commercialinsurance. It works with US insurance companies, helping them streamline the …
AM Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Stonetrust CommercialInsurance Company and Stonetrust Premier Casualty Insurance Company. Stonetrust is …
New Mountain Capital, an investment firm, has agreed to buy the commercialinsurance division of Pennsylvania-based NSM Insurance Group. The firms said in a news release that the deal is expected to close in the next 45 days. Terms were …
PCF Insurance Services acquired the insurance business of Top Insurance Associates in Snohomish, Washington. The Top Insurance Associates team will join PCF Insurance’s Fortiphi Insurance.
Significant cyber incidents have tripled in two years in Canada, driven by technological, socioeconomic and geopolitical factors such as the war in Ukraine, according to research from commercialinsurer QBE. Disruptive, globally significant and successful cyberattacks have increased from 10 …
Many commercialinsurance policies require a premium audit at the end of the term to match your coverage with actual business activity. The post Understanding and Preparing for a Premium Audit appeared first on Central Insurance Blog. Here's what to expectand how to make the process go smoothly.
dba Statewide CommercialInsurance Brokers. Gallagher & Co. acquired Altadena, California-based American Matar International Inc., Lana Matar and her team will remain in their current location under the direction of Scott Firestone, head of Gallagher’s Southwest region retail …
Computer desk with office equipment by Lisa from Pexels Running a business comes with plenty of challenges, and insurance is one area where mistakes can be costly. From underinsuring key assets to misunderstanding policy exclusions, commercialinsurance missteps can leave your business exposed to financial loss.
Commercialinsurance plays a key role in mitigating these risks, providing crucial protection for warehouse operations. Shield Insurance Agency is here to help you understand the importance of commercialinsurance in your warehouse operations. This is where commercialinsurance comes in.
The Clear Group, the London-based independent insurance broker, announced the acquisition of A-One Insurance Group (A-One), a major commercialinsurance broker in the south of England. Financial details of the transaction were not disclosed. Clear said this latest deal is …
The post How to Start a Clothing Boutique: Insurance Edition appeared first on Central Insurance Blog. Protect your clothing boutique from day one with essential insurancecovering liability, property, cyber risks, workers comp, and more.
Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines satisfaction reaching an all-time high. According to the J.D. Power 2024 …
Miller, the London-based specialist re/insurance broker, announce it has completed the acquisition of Madrid-based commercialinsurance broker Bruzon Correduría de Seguros y Reaseguros. The transaction, which first was announced in May, closed on Sept. 30 following the receipt of all …
Texan Insurance, full-service insurance agency, announce its acquisition of Austin, Texas-based J&M Insurance, a trusted provider of personal and commercialinsurance solutions for nearly two decades. Founded in 2005 by Todd Michalowski, J&M Insurance offers independent commercial, home and auto …
Protect your compact construction equipment manufacturing business with tailored insurance. The post Insurance for Compact Construction Equipment Manufacturers: How to Protect Your Tools, Business, and Future appeared first on Central Insurance Blog.
Founded in 1963, GLM Insurance is a third-generation family-owned agency providing personal and commercialinsurance throughout Virginia and North Carolina. The Andrew Agency has acquired Garriques, Lloyd & McMahon in Richmond, Virginia. The Andrews Agency is an independent agency based …
Axis Insurance Managers Inc., the Vancouver, Canada-based insurance broker, announced the acquisition of Fuse Insurance, a Calgary-based, technology-driven commercialinsurance brokerage.
insurance brokers, has acquired Talbert Insurance Services in Duluth, Georgia, expanding King’s presence in the Southeast. Talbert, in business in north Georgia since 1982, offers personal and commercialinsurance. King Risk Partners, one of the largest U.S. Larry Talbert II …
Explore essential appliance store insurance policies to protect your business from liability, theft, property damage, and employee injuries. The post What Appliance Store Insurance Policies Should I Invest In? appeared first on Central Insurance Blog.
Utah-basrd insurance broker Trucordia has acquired the insurance business of Archibald Insurance, an agency with offices in Richmond, Midlothian and North Chesterfield, Virginia. Archibald Insurance offers personal and commercialinsurance.
Hodges has 25 years in the property and casualty insurance business and was previously vice president of commercialinsurance for Bankers Insurance Group, which … Lake Mary, Florida-based Trident Reciprocal Exchange, launched in 2024, recently named Ryan Hodges chief executive officer.
Learn how the right insurance policies can help protect your packaging business from equipment breakdowns, liability claims, and costly interruptions. The post Protect Your Packaging Business With the Right Insurance appeared first on Central Insurance Blog.
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