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ALKEME, an insurance brokerage, has made headlines with its recent acquisition of Crawford Insurance Group (CIG), a well-established agency located in Rochester Hills, Michigan. This deal marks ALKEME’s first venture into the Michigan market and is part of the company’s broader strategy to expand its presence in the Midwest. CIG, founded in 2001, has earned … Read more

Zurich North America has announced important leadership changes in its customer and distribution management team. The company made the announcement on April 17, 2025, as part of its effort to strengthen relationships with brokers and improve customer support across the United States. Three key promotions were revealed: Carl Sutter, Andy Peterson, and Allison McEnerney Sletteland. … Read more

Lemonade Inc., an insurtech company, recently reported a data breach affecting around 190,000 applicants for its auto insurance. The breach was linked to a technical issue in the company’s quoting system, which inadvertently shared personal data, including driver’s license numbers, with a third-party provider. The company disclosed this incident in a filing with the U.S. … Read more

The U.S. property and casualty insurance industry has turned a corner, reporting its first full-year underwriting gain in four years. This positive shift has contributed to a significant increase in net income, which soared to $170 billion in 2024. According to a report from Verisk and the American Property Casualty Insurance Association (APCIA), this figure … Read more

Travelers Companies has rolled out a new service called Travelers Cyber Risk Services. This suite is designed to enhance its cyber liability policies, aiming to help businesses reduce the risk of cyberattacks and lower recovery costs if they do occur. The service includes several valuable features. One standout is the Cyber Risk Dashboard, which is … Read more

Many companies rely on recruiters to find the best talent. However, if recruiters are not doing their job well, it can hurt your chances of hiring quality candidates. This issue is becoming more apparent as businesses notice red flags in the recruiting process. One major concern is when candidates are not properly vetted. Companies often … Read more

Cotality, the company formerly known as CoreLogic, is making waves with a fresh new look and innovative solutions aimed at tackling climate-related risks. This rebranding, which includes a new logo and tagline, marks a significant shift for the company as it seeks to expand its role from a mortgage-focused financial services provider to a leader … Read more

A Colorado insurance group is raising concerns about a proposed bill aimed at reforming the state’s home insurance market. Although lawmakers have made some changes to the legislation, the Rocky Mountain Insurance Information Association believes more adjustments are necessary before it becomes law. Carole Walker, the group’s executive director, emphasized that while progress has been … Read more

In the world of commercial insurance, many processes still rely on outdated methods like faxes and PDFs. Graham Topol, co-CEO of MGT Insurance, believes this situation reflects not just a technological lag, but also a deeper issue of priorities within the industry. Despite 94% of insurance companies claiming to work on improving efficiency, more than … Read more

A major oil spill off the coast of Nigeria in December 2011 has raised serious concerns about safety practices in the offshore oil industry. The incident began when a leak occurred in a pipeline connecting a production vessel to a tanker. Over three hours, the crew realized that more oil was being lost than was … Read more