Do you have what it takes to join the ranks of the 2025 Fast Brokerages?

Join the Race: 2025 Fast Brokerages Competition Now Open Insurance brokerages across the United States are encouraged to participate in the highly anticipated fourth annual Fast Brokerages report, which recognizes firms demonstrating exceptional growth over the past year. This initiative, spearheaded by Insurance Business America, aims to highlight the most dynamic players in the insurance … Read more

Personnel Changes: Tarby Appointed as Permanent CEO of Plymouth Rock; Inszone Insurance Establishes Three Regional President Positions

Ethan Tarby Takes the Helm at Plymouth Rock Assurance Plymouth Rock Assurance, a prominent player in the insurance industry headquartered in Boston, has officially appointed Ethan Tarby as its new president and CEO of Plymouth Rock Assurance Corporation. Tarby has been serving as the interim president and CEO since June 2024 and is now set … Read more

Insurance Group Celebrates Significant Win Against FCC Regulation Aimed at Curbing Robocalls

New FCC and Court Rulings: What They Mean for the Insurance Industry The recent decisions by the U.S. 11th Circuit Court of Appeals and the Federal Communications Commission (FCC) are reshaping the landscape of telemarketing and consumer outreach for the insurance industry. These rulings have sparked a mix of optimism and concern among industry stakeholders, … Read more

Dubai Developer Proposes High-End Condominium Project at Location of 2021 Surfside Collapse

Dramatic Development in Surfside: Luxury Condos Rise from Tragedy In a significant move for South Florida’s real estate market, DAMAC International, a Dubai-based developer, has announced plans for a 12-story luxury condominium project named The Delmore. This ambitious development is set to rise on the site of the Champlain Towers South, which tragically collapsed in … Read more

The Importance of Business Owners Policies in Risk Management for Small Enterprises

Protecting Your Small Business: The Essential Guide to Business Owners Policies (BOP) Owning a small business is an exciting venture filled with opportunities and challenges. From managing operations to ensuring customer satisfaction, business owners have a lot on their plates. Amid these responsibilities, one crucial aspect that should never be overlooked is risk management. This … Read more

Sources indicate that Brazilian insurer Porto Seguro is seeking partners for its health business.

Porto Seguro’s Potential Health Insurance Division Sale: Insights and Implications Porto Seguro, a key player in the Brazilian insurance market, is currently contemplating a strategic move that could reshape its health insurance division. While no final decision has been made, the company is exploring the possibility of selling a minority stake in this division, an … Read more

European Insurers Could Encounter New Capital Regulations for Climate Risks

EIOPA Calls for Urgent Recalibration of Insurance Capital Requirements Amid Climate Crisis The European Insurance and Occupational Pensions Authority (EIOPA) has issued a critical call for the recalibration of capital requirements within the insurance sector, highlighting the urgent need to address the increasing risks posed by climate-driven disasters across Europe. This recommendation emerges from a … Read more

Allstate has declared a quarterly dividend that will be paid on January 2, 2025.

Allstate Corporation Announces Quarterly Dividend for Shareholders The Allstate Corporation (NYSE: ALL), a leading provider of insurance and financial services, has officially declared its latest quarterly dividend, a move that reflects the company’s commitment to returning value to its shareholders. On November 14, 2024, Allstate’s board of directors approved a dividend of $0.92 per share … Read more

Georgia’s governor introduces a tort reform initiative aimed at reducing escalating litigation expenses.

Georgia’s Tort Reform Package: A Comprehensive Overview of Proposed Changes Georgia Governor Brian Kemp has recently introduced a significant tort reform package aimed at enhancing transparency in third-party litigation funding and addressing critical issues within the state’s legal framework. This initiative is designed to tackle the rising costs of litigation while ensuring fairer outcomes for … Read more

California insurers have disbursed more than $4.2 billion in claims related to the Eaton and Palisades wildfires.

California Wildfires: A Comprehensive Overview of Insurance Claims and Recovery Efforts The devastating Eaton and Palisades wildfires in California have prompted significant financial responses from insurance companies, with the California Department of Insurance (CDI) reporting over $4.2 billion in claims payouts as of January 31, 2025. This staggering figure highlights the extensive damage inflicted by … Read more