Arthur J. Gallagher & Co. announced Monday that it acquired Tompkins Insurance Agencies, a Batavia, New York-based unit of Tompkins Financial.
Gallagher paid $223 million for the unit, which gives Tompkins Financial a pretax gain of $183 million, Tompkins said. Gallagher said it paid...
The Hartford’s third quarter results were met with a negative market reaction, despite the company surpassing Wall Street’s revenue and non-GAAP profit expectations. Management attributed performance to robust growth in Business Insurance, particularly in small business and E&S lines, and improved margins in...
Insurance rates are going up because of inflation, higher claims costs, and insurers adjusting to rising risks. Rising premiums affect millions of households and businesses across home, auto, and health coverage.For people who just received their insurance renewal and are now facing yet...
Net income at The Hartford increased 41% to about $1.1 billion in the third quarter of 2025.
Q2 property/casualty written premiums increased 7% compared to Q3 2024, led by growth of 9% in the business insurance segment.
Helped by lower catastrophe...
Business Insurance magazine has named Holmes Murphy the No. 1 large employer in its Best Places to Work in Insurance program for the 14th consecutive year.
The annual program recognizes employers that establish workplaces where employees can thrive, enjoy their work and help their...
