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The Missouri Department of Commerce and Insurance has released preliminary estimates on the number of uninsured properties affected by the F3 tornado that struck St. Louis on May 16. The tornado, which traveled 23 miles, impacted around 5,000 properties and caused damages estimated at $1 billion. It first touched down in Clayton and moved northeast … Read more

Emergency service teams from across Australia are coming together to assist with the aftermath of severe flooding in New South Wales. The floods have caused widespread destruction, leaving around 32,000 residents cut off from normal access to their homes and communities. The New South Wales State Emergency Service (NSW SES) has announced that nearly 200 … Read more

COVU, Inc., a company focused on using artificial intelligence to improve customer service in the insurance sector, has announced its acquisition of Uno Insurance Services. This Texas-based agency is known for its strong presence in Houston’s Spanish-speaking communities and has shown impressive growth through strategic acquisitions. This acquisition marks a significant step for COVU as … Read more

An explosion on a boat carrying raw sewage in New York City has resulted in the death of a longtime city employee. The incident occurred on Saturday morning around 10:30 a.m. near the North River Wastewater Treatment Plant, where the city-owned vessel was docked. Authorities reported that the blast injured another worker, who was taken … Read more

PIB Group, a rapidly growing insurance intermediary in Europe, has decided to step back from takeover talks and has instead secured £400 million in debt financing to fuel its expansion plans. This announcement was made on Thursday, July 10, 2025. The company’s decision marks the end of a lengthy strategic review led by its private … Read more

Mike Morse has stepped into a new role as the director of small business underwriting at Central Insurance, bringing with him a wealth of experience and a strong focus on service. His career in the insurance industry began in commercial lines customer service, where he learned the importance of understanding client needs. Morse believes that … Read more

Car insurance can often feel dull and unexciting, but some companies are turning that perception on its head. By using humor in their marketing campaigns, these businesses have found a way to engage potential customers in a fun and memorable way. A recent article by Ramon Berenguer highlights how some of the biggest names in … Read more

Earthquake insurance is becoming more important for many Americans, especially those living in areas prone to seismic activity. With standard homeowners’ insurance typically excluding earthquake damage, having a separate policy is essential for adequate coverage. Recent data highlights the top earthquake insurance companies in the U.S., showcasing their market shares and the protection they offer. … Read more

BMS Group, an independent re/insurance broker based in London, has made a notable move by acquiring Oria Sigorta ve Reasürans Brokerliği A.Ş., a company located in Istanbul, Turkey. The financial terms of the deal have not been disclosed. Oria, established in 2019, has quickly gained a strong reputation in the insurance market, particularly in corporate … Read more

American International Group (AIG) has settled its legal dispute with Dellwood, a new excess and surplus insurance firm founded by former AIG executives. This settlement comes after a lawsuit that began in April 2024, when AIG accused Dellwood and its founders—Michael Price, Kean Driscoll, and Thomas Connolly—of stealing trade secrets and violating employment contracts. The … Read more