Insurance News

Deal to boost its presence in the Northeast ALKEME has announced the acquisition of North Point Insurance Agency, a family-owned agency with offices in New York, Vermont, and Maine. The

Customers can secure small collections with a single premium AM Specialty Insurance Company (ASIC), an Arizona-based surplus lines carrier with an A- (Excellent) rating from AM Best, has announced its

The U.S. Transportation Department said on Thursday it is awarding $1 billion for a series of projects aimed at reducing traffic crashes, as road deaths remain sharply higher than pre-pandemic

Alera Group said its president, Jim Blue, will become the firm’s chief executive officer, effective January 1, 2025. Blue will succeed Alan Levitz, who will become Alera Group’s Executive Chairman.

JACKSON, Miss. (AP) — The state of Mississippi is suing drug manufacturers and pharmacy benefit managers alleging that opioids were over-prescribed. Attorney General Lynn Fitch, a Republican, filed the suit

Key drivers of market growth outlined The global construction insurance market is seeing a notable increase in capacity levels, approaching those seen in 2019 during the last soft market cycle,

Fitch Ratings announced that it shifted its outlook on the global reinsurance sector to neutral yesterday but the downward shift came with an expectation of continued profitability—and a forecasted combined

DETROIT (AP) — About 1,000 workers at a General Motors joint venture electric vehicle battery plant in Spring Hill, Tennessee, will get big pay raises now that they have joined

Strong ROE achieved despite rising catastrophe payouts and complex risk environments Aon has released its “Ultimate Guide to the Reinsurance Renewal – September 2024” report, highlighting the contrast between the

Record profits abound, though pricing challenges loom with potential loss volatility Fitch Ratings has revised its outlook for the global reinsurance sector from "improving" to "neutral," indicating that the pricing