Learn how the Massachusetts FAIR Plan provides a safety net for homeowners in high-risk areas struggling to find traditional insurance, including key rules and coverage tips.
Insurance for Rural Living: Uncover the Hidden Deals
Living in the countryside has its perks, like stunning views and wide-open spaces, but when it … Insurance for Rural Living: Uncover the Hidden DealsRead more
FM Expands Its Reach: Acquires Velocity Specialty Insurance Company
FM, a top commercial property insurer, will boost its role in the excess and surplus insurance market by acquiring Velocity Specialty Insurance, enhancing its ability to meet specialized coverage needs.
Berkshire Hathaway Specialty Insurance Appoints Bertrand Le Gall as New Head of Casualty in France
Berkshire Hathaway Specialty Insurance has named Bertrand Le Gall as the new Head of Casualty in France to boost its portfolio and market presence, leveraging his decade of industry experience for growth.
Palomar Holdings Makes Strategic Move by Acquiring First Indemnity of America Insurance Company
Palomar Holdings Inc has acquired First Indemnity of America Insurance Company, entering the surety insurance market. This deal diversifies its portfolio and supports growth and shareholder value.
Maiden and Kestrel Join Forces to Create New Specialty Insurance Powerhouse
Maiden Holdings Ltd and Kestrel Group are merging to form a new publicly listed specialty insurance group, aiming to innovate and strengthen their market presence.
Ryan Specialty Expands Its Horizons with $525 Million Acquisition of Velocity Risk Underwriters
Ryan Specialty has acquired Velocity Risk Underwriters for an undisclosed amount, boosting its property catastrophe insurance capabilities and preparing for growth in specialized disaster insurance.
Core Specialty Expands Its Horizons With Acquisition of London Aviation Underwriters
Core Specialty Insurance has acquired London Aviation Underwriters, strengthening its role in aviation insurance and enhancing its position as a leading specialty insurer in a changing market.
California Takes Bold Steps to Revamp Home Insurance Amid Wildfire Crisis
California is enacting new rules to improve its troubled home insurance market, especially in wildfire areas. Insurers must boost coverage, but there are worries about rising rates due to climate issues.
California’s Home Insurance Crisis Escalates Amid Devastating Wildfires
Recent wildfires in Los Angeles have worsened California’s home insurance crisis, leading to high premiums and cancellations. New regulations seek stabilization, but may not ease homeowners’ financial struggles.