Follow these five steps to secure a smoother deal and a stronger valuation. Selling your insurance agency is one of the most significant decisions of your career. While your eye may be set on the final prize, the real work …
How to Prepare Your Insurance Agency for Sale — Before You Announce Your Intent Read More »
Anyone in the insurance brokerage world generally knows the three magic words that require an insurance producer license: the “sale,” “solicitation,” or “negotiation” of insurance. For too many, this is the end of the equation. Most state insurance codes do …
Perfluoroalkyl or polyfluoroalkyl substances (PFAS), the synthetic “forever chemicals” found in everything from firefighting foam to food packaging, are shaping up to be one of the most urgent emerging risks facing the insurance industry. Like asbestos, PFAS exposures are widespread, …
The wreckage caused by Hurricane Melissa in Jamaica is expected to cost insurers $1 billion to $3 billion, according to property intelligence company Cotality. The insured losses are a fraction of the total property damage, which Cotality estimates at $2 …
Melissa Jamaica Damage Seen Costing Insurers Up to $3 Billion Read More »
Philadelphia Insurance Companies announced the acquisition of the Collector Vehicle Division from Ignyte Insurance, a Carlyle backed portfolio company. The transaction, valued at $615 million, is the largest acquisition in the 63-year history of Philadelphia Insurance Companies. The deal includes …
PHLY Makes Largest Acquisition in Its History With Collector Car Business Expansion Read More »
New attributes—electrical panel location, roof life stage, and plumbing materials—enhance underwriting precision and deepen visibility into structural risk. Tampa, FL – October 14, 2025 — PGM Solutions today announced the expansion of its Home Factors property intelligence platform. The latest …
The city of Detroit has agreed to pay $5.85 million to settle a lawsuit over the death of a pedestrian who was struck by a city bus, the second fatality involving the same driver since 2015. Wayne County Judge Kathleen …
Detroit to Pay Nearly $6M in Death Connected to Bus Driver with Many Crashes Read More »
The Texas State Office of Risk Management Board of Directors announced Sara Hays as the newly appointed Executive Director. Hays joins the Office after many years of state service, including Chief of Staff for two state representatives and Budget and …
People Moves: Texas State Office of Risk Management Names Hays as Executive Director Read More »
A North Dakota judge has ordered Greenpeace to pay damages of $345 million, reducing an earlier jury award after it found the environmental group and related entities liable for defamation and other claims in connection with protests of an oil …
North Dakota Judge Says Greenpeace Must Pay $345M in Pipeline Lawsuit Read More »
Thick smoke blanketed a rural community in southern Texas and many residents were ordered to evacuate as firefighters worked to contain a blaze Wednesday evening, officials said. The Mill Fire in Gregory, Texas, about 150 miles (80.5 kilometers) southeast of …
Wildfire Forces Rural Community in Southern Texas to Evacuate Read More »
