Gavin Souter

Under its incoming CEO, Erin Lynch, CAC Group will continue to look for opportunities to expand in specialty sectors, including through acquisitions, Ms. Lynch said in an interview last week.

Juniper Re LLC, the reinsurance broking unit of Tampa, Florida-based The Baldwin Insurance Group Inc., said Thursday it has opened an office in London.

The Eaton and Pacific Palisades fires in Los Angeles will likely cause between $35 billion and $45 billion in insured losses, according to a preliminary estimate released Thursday by catastrophe…

U.S. commercial insurers are projected to see a deterioration in underwriting results for 2024, which was marked by losses from Hurricane Milton and rising general liability losses.

Several major insurance trade associations wrote to lawmakers Friday urging them to pass the Fix Our Forests Act, which includes various provisions intended to prevent wildfires and was reintroduced to the U.S. House of Representatives Thursday.

Travelers Cos. Inc. said Wednesday that claims from the ongoing wildfires in Los Angeles will hit the insurer's first-quarter earnings but that it's too early to estimate its losses.

Great American Insurance Co. Tuesday named Robert D. Martin president and chief operating officer of its Mid-Continent Group unit.

There were 750 insurance agency and brokerage mergers and acquisitions in 2024, down 10% from the 833 reported in 2023. However, three “giant deals” were made during the year, according to a report released Wednesday by Optis Partners LLC.

Wholesale broker Flow Specialty Insurance Services LLC Wednesday launched an artificial intelligence-backed brokerage service that it says can pass the Registered Professional Liability Underwriter exams.

Everest Group Ltd. said Wednesday that Jim Williamson, who was named acting CEO earlier this month, had been appointed president and CEO by the board of the Bermuda-based insurer and reinsurer.