If you’re running a multi-carrier MGA in Texas, chances are your accounting and commissions workflow looks like this: Multiple carrier commission structures Split payments across brokers, sub-agents, and producers Midterm premium changes with no automation Manual spreadsheets and QuickBooks exports …
Accounting and Commission Automation for Multi-Carrier MGAs in Texas Read More »
Zurich Insurance Group AG has made a sweetened £8 billion ($11 billion) bid to buy Beazley Plc, an offer that’s won the tentative approval of the UK insurer’s board. The Swiss insurance giant’s revised cash proposal of 1,310 pence a …
Beazley Agrees to Zurich’s Sweetened £8 Billion Takeover Bid Read More »
A federal judge on Tuesday rejected Elon Musk’s bid to dismiss a U.S. Securities and Exchange Commission lawsuit that claimed he waited too long to disclose his purchases of Twitter shares in 2022. U.S. District Judge Sparkle Sooknanan in Washington, …
Elon Musk Loses Bid to Dismiss SEC Lawsuit Over Twitter Stake Read More »
Hub International Limited (HUB), headquartered in Chicago, Illinois, named Andrea Baldrica as chief sales officer of U.S. Employee Benefits. Baldrica will be responsible for driving HUB’s national employee benefits sales strategy and comprehensive growth across its employee benefits services. Baldrica …
The American Property Casualty Insurance Association testified on Capitol Hill Jan. 3 in support of the Fix Our Forests Act. The legislation, led by Reps. Bruce Westerman, R-Ariz., and Scott Peters, D-Calif., was passed by the House following the January …
APCIA Testifies in Support of the Fix Our Forests Act Read More »
It’s probably too late for 2026 legislative session, but by this time next year, a newly formed Florida group hopes it will be well on its way toward a new set of laws that will help Florida become a powerhouse …
New Association Wants Florida to Become a Major Domicile for Captives Read More »
New Jersey Governor Mikie Sherrill said she will be nominate Susan Ochs, a financial services and economic policy expert, as Commissioner of the Department of Banking and Insurance (DOBI). Ochs served as a senior advisor to the head of the …
Policy Expert Ochs Is NJ Gov. Sherrill’s Choice as Banking and Insurance Commissioner Read More »
Insurer Chubb booked fourth quarter net income 24.7% higher than a year ago at about $3.2 billion. Results included record P/C underwriting income of $2.2 billion, up nearly 40% over the same period in 2024. The P/C combined ratio was …
Chubb Posts Record Q4 and Full Year P/C Underwriting Income, Combined Ratio Read More »
This edition of International People Moves details appointments at Marsh, Tokio Marine Kiln (TMK), and Everest Group. A summary of these new hires follows here. Marsh Names Quest as UK CEO, Succeeding Lay Insurance broker Marsh announced the appointment of …
Plaintiffs claiming punitive damages in lawsuits must meet a high bar, a Florida appeals court found in overturning a trial court’s decision in a fatal accident involving an online car-sharing platform. Turo Inc., a firm that connects renters with automobile …
Florida Appeals Court Blocks Punitive Damages Claim in Car-Sharing Crash Case Read More »
