Insurance Business America

Transaction to conclude by Q4 2024 Mutual Capital Group (MCG) and ICC Holdings, parent company of Illinois Casualty Company, have announced a definitive merger agreement. Under the agreement, MCG will

One group points to higher spending, inflation, while the other blames climate change The US Senate Budget Committee held a hearing to discuss the insurance crisis affecting homeowners nationwide, with

Organization focused on breaking the cycle of generational poverty Erie Insurance has announced a $1 million donation to United Way of Erie County, a social impact organization focused on breaking

Higher reinsurance costs for property remains a major concern The US personal insurance sector is poised for improved underwriting performance in 2024, according to Fitch Ratings.  » Read More

AM Best delivers the verdict following various market developments AM Best has revised its outlook for the global reinsurance segment to positive from stable, signaling clear sailing ahead for the

Swiss Re CEO exits the role The Geneva Association has announced that Lee Yuan Siong (pictured above), group chief executive and president of AIA, was appointed chairman of the organization,

Insurers could save millions as court allows more say when policyholders are in Chapter 11 Insurance News By Matthew Sellers  » Read More

"The biggest misconception is that all brokers read the policies and make sure that there’s adequate coverage" Insurance News By Emily Douglas The biggest misconception when dealing with insurance po

Bill cuts the public out of insurance rate reviews, watchdogs say Six consumer organizations have issued a warning to California state senate and assembly leaders regarding the possible effect of

Announcement demonstrates expansion of an "already excellent relationship," exec says Euclid Transactional, LLC, a managing general agent specializing in transactional insurance underwriting and claims handling, has expanded its pa  » Read