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WTW adds scale, tech with $1.3B Newfront acquisition

Willis Towers Watson’s $1.3 billion cash-and-stock deal to acquire private equity-owned brokerage Newfront will expand its middle-market business and specialty focus, adding “cutting-edge” technology and agentic AI capabilities, its top executive says. The deal also reflects several industry trends, including large brokers’ desire to...

The Hartford reveals what’s leading small business insurance claims

The analysis found that water and freezing damage accounted for roughly 22% of small-business claims...

As retirements rise, insurers race to preserve hard-won wisdom

LONDON – The insurance sector faces an “invisible problem” of people retiring from the industry and taking their years of experience and knowledge with them, experts say. To address the issue, organizations should formalize training and knowledge sharing at all levels and ensure that...

The Best Landlord Insurance Companies

If you're turning a home into a rental property, you'll generally need landlord insurance. Sometimes called rental property insurance or dwelling insurance, it's typically required if you have a mortgage on your rental property.Landlord insurance will cover your rental property and protect your...

Baldwin CEO expects ‘meaningful momentum’ from proposed CAC buy

Baldwin Group CEO Trevor Baldwin expects to capture “meaningful momentum” from the broker’s planned acquisition of CAC Group. Mr. Baldwin made his comments on a call with analysts Wednesday morning to discuss the transaction, which was announced Tuesday after markets closed. The combined business is...