Article

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

Alchemy Insurance Solutions is stepping up its game in the insurance market for cannabis businesses. As a specialty Managing General Agent (MGA), Alchemy focuses on providing tailored insurance programs for niche industries across the U.S. They have built strong partnerships with A-rated carriers to deliver customized coverage for high-risk sectors, including cannabis operations, self-storage facilities, … Read more

Tanner Webb has taken an unconventional route to become a construction underwriter at Central Insurance. Originally a trained musician, Webb shifted gears to work as a claims adjuster before finding his passion in commercial lines underwriting. His journey began in Fort Worth, Texas, where he earned a performance degree from Texas Christian University. Even though … Read more

Garrett Droege is shaking things up in the insurance world. As the senior vice president and head of innovation at IMA Financial Group, he is pushing the industry to adapt to new technologies like blockchain and artificial intelligence. Droege is not just waiting for regulations to catch up; he is actively selling innovative insurance products … Read more

Employers are being urged to pay attention to Generation Z when it comes to using artificial intelligence (AI) in the workplace. This younger generation is not only comfortable with AI but is also leading the way in its adoption. Demis Bril, a senior director at Instant Offices, emphasized that supporting Gen Z is about more … Read more

American farmers are facing significant challenges in 2025, with issues ranging from severe weather to liability risks tied to modern farming practices. This environment makes choosing the right farm insurance more important than ever. In response to these challenges, the best farm insurance companies in the U.S. have shown remarkable resilience. For instance, Iowa Farm … Read more

BioLab Inc. has announced that it will not rebuild its chlorine manufacturing plant in Conyers, Georgia, following a serious fire that occurred on September 29. This decision comes after the company struggled to resume operations at the facility, which has a history of dangerous incidents, including explosions and chemical fires that have affected nearby communities. … Read more

A 21-year-old man has been charged for providing alcohol to a younger fan who fell from the stands during a Pittsburgh Pirates game. The incident happened on April 30, when Kavan Markwood, 20, fell from a 21-foot-high wall at PNC Park, landing on the warning track below. Ethan Kirkwood, from McKeesport, Pennsylvania, was arrested on … Read more

The property and casualty (P&C) insurance market is facing significant challenges as it works to find a balance between risk and profitability. Recent reports highlight that after years of rising premiums and market exits, many companies are still trying to stabilize their operations. Notably, auto insurance has shown some improvement, buoyed by sharp premium hikes … Read more