Jan 7, 2025 · The rise of nuclear verdicts—jury awards surpassing $10 million—has already significantly impacted the insurance industry, and this year the trend may intensify.

National insurance news for USA insurance professionals. Read American insurance news, analysis, and interviews with leaders in the US insurance industry.

Dec 9, 2024 · Arthur J Gallagher & Co has signed a definitive agreement to acquire AssuredPartners, a leading US-based insurance broker, for $13.45 billion in an all-cash …

Dec 16, 2024 · Insurance lines results. Rates are expected to continue increasing in the following year but there are signs of moderation. The steepest rate hikes next year could come from …

Jan 3, 2025 · Allianz SE held its position as the largest insurer by nonbanking assets for the fifth consecutive year, reporting $1.09 trillion in assets. UnitedHealth Group led in net premiums …

Jul 23, 2024 · MINIMUM MANDATORY CAR INSURANCE LIMITS BY STATE. State. Minimum mandatory requirements. Alabama. BI: $25,000 per person. BI: $50,000 per accident. PD: …

Aug 23, 2021 · The 10 largest health insurance companies in the US control nearly 57% of the market, underwriting $821.5 billion worth of premiums in the past year.

Jul 12, 2024 · AM Best has ranked the world’s biggest insurance brokers based on 2023 total revenue, with a new number three emerging and three newcomers making the cut.

Dec 18, 2024 · The transaction is expected to close by mid-2025, subject to regulatory approvals. Once completed, Stone Point will join Madison Dearborn Partners, HPS Investment Partners, …

Dec 20, 2024 · Safeco, a subsidiary of Liberty Mutual, will exit several smaller insurance lines in California due to increasing market risk and volatility, according to a company spokesperson.