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The commercial property market is showing signs of recovery as insurance rates begin to drop after a long period of high costs and strict terms. This shift, noted by experts at Amwins, comes after several tough years for the industry. Factors such as improved loss ratios and a more relaxed reinsurance market have contributed to … Read more

A recent ruling from a Hawai‘i appellate court has made waves in a long-running workers’ compensation case involving a former employee of American Healthways, Inc. The court’s decision, issued on April 17, 2025, partially overturned a previous order that required the employee, Lola L. Suzuki, to undergo two additional medical examinations. This case began nearly … Read more

China’s financial regulator is set to increase the limits on how much insurance funds can invest in the stock market. This move aims to bolster support for capital markets and the broader economy. The National Financial Regulatory Administration announced that the upper limit for the equity asset allocation ratio for some insurers will rise by … Read more

MNK Group has unveiled a new unified brand that brings together its various broking, managing general agent (MGA), and risk-taking operations. This change aims to provide a seamless experience for customers across the globe. The group has launched a new website, groupmnk.com, which links all its entities in regions including the UK, Europe, North America, … Read more

U.S. President Donald Trump announced on Wednesday that he would temporarily lower tariffs on several countries, a surprising move that comes just a day after he imposed steep new tariffs on many trading partners. This shift in policy sent U.S. stocks soaring, with the S&P 500 rising more than 6%. Trump’s decision to suspend targeted … Read more

Earth Day serves as a reminder of how our choices affect the environment. For businesses, this responsibility goes beyond just their daily operations; it also includes their impact on the community and the ecosystem. Decisions about waste disposal, chemical handling, and emissions can significantly affect both the environment and a company’s reputation. Pollution is not … Read more

CPAs are facing more risks than ever before. As the role of accountants expands beyond traditional number-crunching, they find themselves in the midst of lawsuits, compliance issues, and fraud cases. Many accounting firms are unaware of how vulnerable they truly are. The profession has evolved significantly. Accountants are now involved in areas like investment consulting, … Read more

A recent report reveals that cyberattacks are a major concern for businesses worldwide. According to a study by Rubrik Zero Labs, a staggering 90% of IT and security professionals reported experiencing at least one successful cyberattack in 2024. This survey included over 1,600 leaders from ten different countries, highlighting a worrying trend in data security. … Read more

A recent survey reveals that a significant number of European workers are ready to leave their jobs if their companies adopt U.S.-style workplace policies. Conducted by Zety, the poll surveyed 1,000 employees across five countries: Italy, France, Spain, Germany, and the United Kingdom. The results show that one in three employees would consider quitting if … Read more

United Insurance, based in Portland, Maine, has announced its acquisition of Barresi Financial, a financial services and retirement advisory firm. Barresi has offices in Bangor and Presque Isle, and this deal will bring its team of 10 associates into the United Insurance family. Zack Frechette, the CEO of United Insurance, shared the news, highlighting how … Read more