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Trucordia announces strategic acquisitions, expanding network – Utah Business

LINDON, Utah — Trucordia, a top 20 U.S. insurance brokerage, announced the acquisition of five insurance businesses across the United States. This marks a significant milestone in Trucordia’s strategy to build a values-driven, client-first national network. These new partnerships reinforce the company’s commitment...

‘Evolution of Risk’ – Business Insurance

‘Oh, what a tangled web we weave…” When that quotation was published in the early 19th century, Sir Walter Scott was surely not thinking about the risk exposures that would be created by technological advancements and e-commerce. He could not have imagined the accumulation...

Small Business Underinsurance Hits New High Despite Revenue Growth

Knowledge gaps and timing misconceptions leave U.S. business owners vulnerable as 77% lack adequate coverage, Hiscox survey shows. ...

Reader feedback overwhelming – Business Insurance

Every aspect of our 100 Leading Women project has exceeded my most optimistic expectations. As I said last week in my note accompanying our special report, I was overwhelmed by the number of women who were eminently qualified to be included in our issue...

Munich Re’s third-quarter profit improves

Munich Re reported a net result of €2 billion ($2.3 billion) for the third quarter, more than double its result for the same period last year, which was hit by heavy natural catastrophe losses. But group insurance revenue for the quarter was down 6.1%...

Alliant buys Texas brokerage – Business Insurance

Alliant Insurance Services announced Tuesday that it has acquired Highpoint Insurance Group, a Friendswood, Texas-based brokerage. Terms were not disclosed. Highpoint specializes in providing insurance coverage for mid-sized businesses, including in the energy and construction sectors, and has 44 employees in the greater Houston area,...