CRC Group, the Charlotte, North Carolina-based wholesale specialty insurance distributor, has entered a definitive agreement to acquire Lloyd’s managing agency Atrium Underwriting Group Ltd. from investment funds managed by Stone Point Capital LLC and other investors. Atrium will retain its …
CRC Group Agrees to Acquire Lloyd’s Managing Agency Atrium Underwriting Group Read More »
Sarah Gladki announced as Executive Director of IICF’s 2nd International Division Toronto, Ontario, July 7, 2025 –The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and enriching lives, announced the appointment of Sarah Gladki as …
Insurance Industry Charitable Foundation Launches IICF Canada Read More »
When Trump’s huge tax bill was signed into law July 4, missing were changes to the taxes third-party litigation funders pay. Once included within the One Big Beautiful Bill (OBBB) was language to tax earnings by litigation funders at a …
Tax Increase on Litigation Funders Does Not Make Final Budget Bill Read More »
WalkerHughes Insurance, a privately held, founder-led retail insurance brokerage headquartered in Indianapolis, Indiana, is pleased to announce the addition of Apogee Insurance Solutions, LLC, a St. Peters, Missouri-based insurance agency, to its growing Missouri platform. This marks WalkerHughes’ second acquisition …
WalkerHughes Acquires Missouri’s Apogee Read More »
Insurtech wefox has secured funding of €151 million ($177.8 million), which will enable the company to build its core market positions in Austria, the Netherlands, and Switzerland as well as its asset-light managing general agent (MGA) and smart insurance distribution …
Business Moves: Insurtech Wefox Raises €151M to Build New MGA Focus, Core Markets Read More »
Flooding has caused an average of more than 125 deaths per year in the United States over the past few decades, according to the National Weather Service, and flash floods are the nation’s top storm-related killer. Here’s a look at …
A Look at Some of the Deadliest Floods in the US in the Last 25 Years Read More »
Los Angeles was already struggling to revive its fragile economy after the most destructive wildfires in its history erupted six months ago. Now, immigration raids are driving workers crucial to the rebuilding into the shadows. Framers and landscapers are abandoning …
ICE Raids Derail Los Angeles Economy as Workers Go into Hiding Read More »
The MEMIC Group, headquartered in Portland, Maine, promoted Karl Lagasse to vice president of business technology and hired Jason Ennis as director of architecture and innovation. Lagasse oversees the project management, software engineering, and quality assurance teams while spearheading the …
People Moves: MEMIC Hires Ennis and Promotes Lagasse Read More »
A wildfire on the central coast of California has grown to 84,080 acres, prompting evacuation orders and closing part of a highway. The Madre Fire, the biggest the state has seen this year, started on Wednesday and is burning in …
California Wildfire Grows to Nearly 80,000 Acres, Forcing Evacuations Read More »
According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased in the second quarter to 4.6%. U.S. personal lines rose an average 4.9% during the firth quarter. Dallas-based MarketScout, a division of Novatae Risk Group, said …
MarketScout: Q2 Composite Personal Lines Rates Up 4.6%; Commercial Up 2.8% Read More »
