Markets
Brown & Brown to Acquire Risk Strategies, One80 Parent for Nearly $10B
Brown & Brown Inc. said it has entered into an agreement to buy Accession Risk Management, the parent company of specialty brokerage firm Risk Strategies and wholesaler One80 Intermediaries, for ...
Auto Insurance Satisfaction Rankings: High LTV Customers Most at Risk
"It's Now a Buyer's Market for Auto Insurance, J.D. Power Finds." That headline on top of an announcement about the release of the J.D. Power 2025 U.S. Auto Insurance Study this week summed up a key ...
Hedge Funds Face California Rebuke Over Role in Wildfire Claims
Hedge funds are facing pushback in California as their bets tied to insurance claims stemming from the Los Angeles wildfires are attacked as unethical. The transactions in focus are tied to so-called ...
Homeowners Suing USAA and AAA Insurers Over LA Wildfires
Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims payouts they say didn't cover their losses. The lawsuits were filed in ...
Viewpoint: California’s Property Insurance Crisis and the Path to Reform
California's property insurance market remains in turmoil, exacerbated by escalating wildfire risks, insurer withdrawals and systemic shortcomings in the state's safety net—the California FAIR ...
Rate Moderation Continues During June’s Property-Cat Renewals: Howden Re
Property-catastrophe reinsurance pricing saw continued moderation at the June 1 renewals with a selective return of capacity following historic pricing strength, according to Howden Re, the ...
Demand for Insurance Rises as Majority of Pet Parents Underestimate Cost of Care: Study
Costs associated with pet care continue to rise, according to consumer financing company Synchrony's 2025 Pet Lifetime of Care Study, which found an increase of 10 percent for dogs and close to 20 ...
Viewpoint: Global Reinsurers Stand Strong Amid Investment Volatility, Natural Disasters
The reinsurance industry has shown significant improvements in operating performance in recent years. Despite facing substantial insured natural catastrophe losses globally, reinsurers achieved ...