Insurance

75% of Buyers Are Concerned About Rising Homeowners Insurance Costs: Survey

75% of Buyers Are Concerned About Rising Homeowners Insurance Costs: Survey

Nearly 75% of recent and prospective buyers believe that homeowners’ insurance could become unaffordable, according to a new Realtor.com survey. Eighty-eight percent of those surveyed believe they will pay more for homeowners’ insurance in the future, and 42% have already confirmed they have experienced a rise in home insurance costs. Even more alarming is that […]

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Oklahoma Insurance Department to Host 3rd Annual Insurance Day

Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

The Oklahoma Insurance Department announced it will host the third annual Oklahoma Insurance Day on Wednesday, Nov. 19, 2025, at the Sheraton Oklahoma City Downtown Hotel. This event aims to bring together key players in the insurance sector to discuss important topics and issues affecting Oklahoma. The conference allows regulators, business leaders, industry professionals and

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Rethinking Basis Risk in Structured Insurance Solutions

Rethinking Basis Risk in Structured Insurance Solutions

Insurance solutions—more broadly referred to as risk transfer—that are parametric in design have become a common point of conversation between insurance buyers and their risk advisors when discussing protection options. These alternative risk transfer products are widely viewed as complementing traditional, indemnity-based property insurance. While a parametric insurance payment is triggered based upon a transparent,

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Arthur J. Gallagher & Co. Acquires Minnesota’s Bremer Insurance Agencies

Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Arthur J. Gallagher & Co. announced the acquisition of St. Paul, Minnesota-based Bremer Insurance Agencies, Inc. Terms of the transaction were not disclosed. Bremer Insurance Agencies, a subsidiary of Old National Bancorp (NASDAQ:ONB) following the completion of Old National’s acquisition of Bremer Bank, is a property/casualty insurance broker serving commercial, agricultural and personal lines clients

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SageSure and Affiliate to Acquire Olympus MGA and Olympus Insurance in Florida

SageSure and Affiliate to Acquire Olympus MGA and Olympus Insurance in Florida

In a three-way deal involving carriers, underwriters, holding companies and more, catastrophe-focused managing general underwriter SageSure announced it will acquire the managing general agent for Florida-based Olympus Insurance Co. At the same time, the parent company for SageSure’s carrier partners Auros and Interboro Insurance will take over Olympus Insurance Co., the companies said early Wednesday.

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Lincoln International Agrees to Buy Insurance Brokerage Advisory MarshBerry

Lincoln International Agrees to Buy Insurance Brokerage Advisory MarshBerry

Lincoln International, a global investment banking advisory firm, said it has a definitive agreement to acquire MarshBerry, an advisory firm serving the insurance brokerage, insurance distribution, and wealth management sectors for over 40 years. Lincoln said Woodmere, Ohio-based MarshBerry will bring a suite of specialized services, including investment banking, consulting and growth advisory, market intelligence,

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Florida Farm Manager Pleads in ‘Insurance Farming’ Scheme. Insurance Agent Next?

Florida Farm Manager Pleads in ‘Insurance Farming’ Scheme. Insurance Agent Next?

In a wide-ranging scheme that prosecutors are calling “insurance farming,” a former manager for one of the larger agricultural operations in Florida is now awaiting a sentencing hearing in December. Christopher Lee, 49, from the Naples area, on Aug. 26 pleaded guilty to more than $1.1 million in crop insurance fraud, part of a federal

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Insurance Firm Definity Financial Readies C$1 Billion Debt Sale

Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Definity Financial Corp. plans to sell around C$1 billion ($723 million) of debt in two parts as it prepares to close the acquisition of Travelers Canada, according to people familiar with the matter. The senior notes will be sold in five- and 10-year tranches, the people said, asking not to be identified discussing private details.

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UConn Law Launches Graduate Certificate in Insurance Law

UConn Law Launches Graduate Certificate in Insurance Law

The University of Connecticut School of Law is launching a new Graduate Certificate in Insurance Law for legal and insurance professionals seeking advanced knowledge in one of Connecticut’s most vital sectors. Enrollment is now open for the Spring 2026 semester. Developed by the Insurance Law Center at UConn Law, the school says the certificate is

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Former California Insurance Commissioner Carries on Climate Change Crusade

Former California Insurance Commissioner Carries on Climate Change Crusade

When Dave Jones first started talking about climate change and what insurers should be doing about it some 15 years ago, the response could be thought of as something akin to a collective shrug. There wasn’t much to say. Insurance policies were renewed annually, and the effects of global warming that would become bad enough

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