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Amwins is making a significant move in the casualty insurance market by launching a new Excess Casualty Sidecar Program. This initiative comes through its underwriting arm, Special Risk Underwriters (SRU), marking SRU’s first venture into casualty-focused products. The program is exclusively available through Amwins brokers and offers follow-form excess liability coverage on a quota-share basis. … Read more

HW International, a Dutch insurance broker, has successfully completed a management buyout with support from OBL Investments, a private investment firm. While the financial details of this deal remain undisclosed, it marks a significant shift for the company, which has undergone a restructuring process over the past year. The buyout involves HWI BV, the holding … Read more

President Donald Trump’s recent tariff plans have sent shockwaves through global markets, leading to significant declines in both Asian and European stocks. On Monday, Trump stated that foreign governments would have to pay "a lot of money" to have the tariffs lifted. This comment, along with his comparison of the tariffs to "medicine to fix … Read more

A federal appeals court has ruled that President Donald Trump cannot remove Democratic members from two federal labor boards. This decision, made by the U.S. Court of Appeals for the District of Columbia Circuit, overturns an earlier ruling and adds more challenges to Trump’s attempts to exert control over independent federal agencies. On Monday, the … Read more

UnitedHealth Group, the largest health insurer in the U.S., is facing growing criticism over care denials, rising costs, and a system that many patients find confusing. In response, the new CEO has made a public commitment to improve communication with patients and make access to care easier. This change comes after months of scrutiny, particularly … Read more

Travelers, a major insurance company, reported a significant drop in its financial performance for the first quarter of 2025, largely due to the devastating wildfires in California. The company recorded catastrophe losses of $2.266 billion from these fires, leading to a net income of $395 million. This is a sharp decline compared to the $1.123 … Read more

Marsh McLennan has started 2025 on a strong note, posting impressive financial results for the first quarter. The global professional services firm reported a consolidated revenue of $7.1 billion for the quarter ending March 31, 2025. This marks a 9% increase compared to the same period last year, with 4% of that growth coming from … Read more

Rising medical costs and economic worries are taking a toll on American workers, according to a recent study by MetLife. The 2025 U.S. Employee Benefit Trends Study shows that employees are feeling less healthy, less productive, and less engaged than before. The report indicates a decline of 5% in holistic health, productivity, and engagement among … Read more

New Mexico has been identified as having the highest rate of uninsured homes in the United States. A recent report highlights that nearly one in seven homes across the country lacks insurance coverage. According to the data, about 11.3 million out of 82.9 million owner-occupied homes, which is approximately 13.6%, are uninsured. This report, produced … Read more

A federal judge has awarded nearly $2 million in damages to the family of Ulises Valladares, a Texas man who was fatally shot by an FBI agent during a rescue attempt in January 2018. Valladares, 47, was kidnapped and was bound and blindfolded when the incident occurred. The shooting took place as authorities tried to … Read more