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Higginbotham has added a new member to its team by acquiring Stephens Insurance Services, a benefits-focused company based in Lubbock, Texas. This move aims to combine strong local connections with more resources to improve service across West Texas and eastern New Mexico. Stephens Insurance Services is known for its work in three main areas: group … Read more

Trust in insurance salespeople is at a low point, with only 12 percent of Americans saying they believe these professionals are honest and ethical, according to a recent Gallup poll. By comparison, nurses topped the list with a 78 percent trust rating, while car salespeople are almost as mistrusted as insurance agents, scoring just 8 … Read more

Special Contingency Risks (SCR), a business under WTW, has introduced a new insurance add-on aimed at supporting people who have been taken hostage. This new option, called Enhanced Victim Support (EVS), is part of a special partnership with Hostage International, a charity that helps former hostages and their families. The EVS extension offers extra help … Read more

Bishop Street Underwriters has secured a major $125 million investment from White Mountains Insurance Group, giving a big boost to one of the fastest-growing managing general agency (MGA) platforms in the U.S. This capital injection comes just two years after Bishop Street was founded by Chad Levine, former chief strategy officer at Aon Affinity, and … Read more

US annuity sales hit a new high in 2025, reaching $461.3 billion—a 6% increase from the previous year. This marks the fourth year in a row of record-breaking sales, driven largely by retiring baby boomers and worries about outliving their savings. According to LIMRA, a group that tracks insurance industry data, fourth-quarter annuity sales jumped … Read more

State Farm has announced a landmark payout for its auto insurance customers after posting strong financial results for 2025. The company reported a net income of $12.9 billion and approved a $5 billion cash-back dividend, the biggest in its 103-year history. This dividend covers more than 49 million insured vehicles and averages about $100 per … Read more

John Cicchelli has been named the new head of the employee benefits practice at World Insurance Associates LLC. He will be based at the company’s headquarters in Iselin, New Jersey. Cicchelli will lead efforts to grow the business, focusing on expanding markets and developing new products across North America. Cicchelli brings three decades of experience … Read more

Danny Lakey and his wife used to spend quiet evenings on their front porch in rural Hood County, Texas, watching the sun set over nearby grazing cows. That peaceful life was what they hoped for when they bought their log home in 2021. Now, their rocking chairs sit mostly empty. Since 2023, a large cryptocurrency … Read more

A friendly soccer match between Argentina and Puerto Rico has been moved from Chicago to Florida. The game, which was set to take place on October 13 at Chicago’s Soldier Field, will now be held at Chase Stadium in Fort Lauderdale. This smaller venue is home to Inter Miami CF, the club where Argentine star … Read more

The real estate insurance market is showing signs of easing, offering a rare chance for buyers to score better deals. Brokers say the property and hospitality insurance sectors are becoming more competitive, leading to softer prices, though liability insurance remains a tough area. Lockton’s update from February 2026 highlights increasing competition among insurers, especially in … Read more