Allstate reports decreased catastrophe losses in Q2 despite ongoing storm-related volatility.

Allstate Corp. reported its estimated pretax catastrophe losses for the second quarter of 2025 at $1.99 billion. This is a slight decline from $2.12 billion during the same period last year. The company shared this information in a recent statement, highlighting the impact of severe weather events on its financial performance. In June alone, Allstate … Read more

5 Essential Insurance Policies for Your Tailoring Business

Tailoring businesses are often seen as stable operations, but they still face risks that can disrupt their services. Insurance is essential for these businesses, whether they operate as independent shops or offer services in larger department stores. Having the right insurance coverage can provide peace of mind and protect against financial losses. Deidra Hoschak, a … Read more

Personnel Changes: Markel Appoints Former RSA Executive Mooney to Replace Galjaard; AXA XL Reinsurance Appoints Ivanova as Head of Property for International Reinsurance.

Markel and AXA XL Reinsurance have recently made significant executive appointments, marking important changes in leadership within their organizations. Markel has announced that Lee Mooney will take over as the managing director of Markel UK, succeeding Neil Galjaard, who is stepping down from the role. Mooney, who has over 25 years of experience in the … Read more

How Drones, Cybersecurity Threats, and Capacity Shortages are Transforming Aviation Insurance in 2025

Drone technology is changing the landscape of aviation insurance, creating new challenges and opportunities. This shift is particularly significant for managing general agents (MGAs), program administrators, and specialty brokers. While the ongoing pilot shortage is a concern, experts believe it is manageable. William Tabbert, co-head of Starfish Specialty Insurance Services, pointed out that drones are … Read more

Manufacturers confront a threefold challenge – what can insurance agents do to respond?

US manufacturers are facing significant changes as they adapt to new challenges. A recent study by Nationwide highlights three main issues: labor shortages, changes in supply chains due to tariffs, and rapid advancements in automation and artificial intelligence. These factors are reshaping how companies operate. Despite these challenges, many manufacturers remain hopeful. The study found … Read more

Key Takeaways from Top Insurance Marketing Campaigns

In the competitive world of insurance, standing out is crucial for brokers. A recent guide highlights some of the most effective marketing campaigns in the industry, showcasing how companies have creatively connected with customers and boosted their brand recognition. The guide, authored by Ramon Berenguer, was released on July 18, 2025. It emphasizes the need … Read more