Industry News
Ategrity Specialty Seeks $113.3M in IPO
Ategrity Specialty Insurance Company Holdings announced today the pricing of its expected initial public offering of 6,666,667 shares of common stock at a public offering price of $17.00 per share. ...
Samsung Fire & Marine Insurance Increases Stake in Lloyd’s Insurer Canopius
Canopius Group, the London-based specialty and property/casualty insurer and reinsurer, announced that Samsung Fire & Marine Insurance (SFMI) has entered into an agreement to purchase an ...
U.S. Commercial Lines Prices Up 5.3%, But Still on Downward Trend: WTW CLIPS
U.S. commercial insurance rates went up again in the first quarter 2025, according to the latest findings from WTW's Commercial Lines Insurance Pricing Survey (CLIPS). Carriers reported an aggregate ...
Hyundai, Kia, Toyota, Nissan Models Win 2025 IIHS Vehicle Safety Awards
The Insurance Institute for Highway Safety's latest round of vehicle safety award winners include six vehicle models from four foreign automakers earning 2025 TOP SAFETY PICK+ awards in the latest ...
ECRA, CMC Pools Have New Runoff Manager: Alan Gray LLC
Alan Gray LLC has been named will perform claim administration, financial coordination, and data management services related to the runoff of two legacy reinsurance portfolios containing long-tail ...
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 ...
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 ...
U.S. P/C Industry Posts $1.1B Q12025 Underwriting Loss: AM Best
Growth in net earned premiums during the first three months of 2025 was offset by losses and expenses, resulting in a $1.1 billion net underwriting loss of the U.S. P/C industry. According to ...