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CIAB: Clear Evidence of Softening Commercial P/C Market Conditions in Q2

Insurance Journal

Commercial property/casualty premium increases in the second quarter 2024 were flat or down from the previous quarter for all lines of business—evidence of a softening insurance market, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey. Premiums …

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CIAB: All Commercial Lines See Lower Q3 Premium Increases Except Umbrella

Insurance Journal

According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes rose … Respondents of a recent survey reported lower premium increases for all lines of business except umbrella during the third quarter.

Premium 246
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Real Estate MGA Ventis Launches in Ireland

Insurance Journal

Ventis, the London-based commercial and residential real estate managing general agent, has expanded into Ireland, continuing its mission to deliver client service and capacity to brokers in the underserved middle of the property market. Ventis’ capacity will be distributed through …

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UK Broker Kingfisher Insurance Acquires MIS Motorsport’s Commercial Business

Insurance Journal

the London-based specialist insurance broker, has acquired MIS Motorsport’s commercial business in the UK and Ireland. Kingfisher Insurance Services Ltd., Financial details of the transaction were not disclosed. As part of the acquisition, a new entity will be created called …

Broker 278
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Why Telematics Alone Won’t Lower Distracted Driving Risks

Insurance Journal

For many years, agents and brokers have advised clients about the benefits of telematics in reducing commercial auto risks. So, why havenit market conditions improved, and why is distracted driving still so prevalent? The answer comes down to follow- through.

Risk 130
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Understanding the Differences Between Commercial Insurance Brokers and Agents

Insurance Agent Near Me

Explore the disparities between commercial insurance brokers and agents in our enlightening blog post 'Understanding the Differences Between Commercial Insurance Brokers and Agents'.

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Arthur J. Gallagher & Co. Acquires Philippines-Based Re/Insurance Broker Philinsure

Insurance Journal

announced it has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers & Managers Inc., Philinsure is a commercial … Gallagher & Co. dba Philinsure, following a minority investment in the business. Terms of the transaction were not disclosed.