Insurance News

Technology giants developing big artificial intelligence data centers in Texas will need to pay more for electricity infrastructure upgrades to prevent those costs from burdening households and other businesses, according

Organic expansion and new mergers sustain revenue increases across sectors Arthur J Gallagher & Co (Gallagher) has released its financial results for Q3, ending September 30, 2024, showing growth in

Loan growth, deposit rise, and margin gains mark a transitional quarter Heritage Financial Corporation has announced net income of $11.4 million for the third quarter of 2024, down from $14.2

The Clear Group, the London-based independent insurance broker, announced it has acquired Vision Insurance Services Ltd, based in Bagshot, Surrey, UK. Financial details of the transaction were not disclosed. This

Rising risks like extreme weather and illness make insurance crucial for event success The entertainment and live events industry faces constant risks, from severe weather to the unexpected unavailability of

New strategy targets growth through integration, client focus, and acquisitions PCF Insurance Services, a top 20 insurance brokerage in the US, has announced its rebranding to Trucordia. Trucordia sa  » Read

Allianz is weighing options for its Allianz Global Investors unit, including a possible merger or partial sale of the division, four people with knowledge of the matter told Reuters, in

District of Columbia Attorney General Brian L. Schwalb reported that Universal Title will pay $500,000 after an investigation by his office found that the company was engaged in an illegal

Third quarter 2024 net income at The Hartford improved about 18% compared to the same period a year ago despite $247 million in pretax catastrophe losses—$104 million from Hurricane Helene.

Florida storms drive losses, offset by premium growth and expanded coverage Universal Insurance Holdings, the largest private homeowners’ insurer in Florida, reported a widened net loss of $16.2 million for