Disaster doesn’t discriminate. Every business is at risk.
Floods are hitting towns that never worried about rising rivers. Fires are sweeping through suburbs that once felt safely tucked between the city and the forest. And storms are striking farther inland than ever, just ask...
This year (2025) marks the 20th anniversary of Hurricane Katrina, Business Insurance revisited the storm’s profound impact on the insurance industry, and teammate Cliff Simpson, Executive Managing Director, offered valuable insights into how the sector evolved in its aftermath.
Katrina didn’t just devastate communities; it redefined how...
Bridge Specialty Group, the wholesale division of Brown & Brown, named Steve Emmons chief information officer, succeeding Tony Cacchione, who was recently named chief information officer of Arrowhead Intermediaries, an expanded role. Previously, Mr. Emmons was head of IT strategy and architecture.
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U.S. commercial insurance rates increased 3.8% in the second quarter of 2025, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS).
WTW said the price increase has been very close to 6% over the...
The combined gross written premiums for insurance companies in Montenegro rose 10% year on year to 89 million euros ($104 million) in the first seven months of 2025, according to the country’s Insurance Supervision Agency, SeeNews reported. Non-life business accounted for €73 million...
