A beacon of impressive growth in the insurance sector, Inszone Insurance Services has recently ascended to the #33 spot on the Insurance Journal’s Top 100 Independent Property/Casualty Agencies list for 2024. This remarkable climb, from their initial entry at #86 in 2021, is a testament to the
In the second quarter of 2024, the U.S. commercial insurance market witnessed a marked deceleration in premium increases, representing a major shift in market dynamics largely propelled by the Council of Insurance Agents & Brokers' (CIAB) Commercial Property/Casualty Market Index for Q2/2024. This
Ryan Specialty, an international specialty insurance firm, has recently made a strategic acquisition by obtaining certain assets from Greenhill Underwriting Insurance Services. This acquisition marks an important step in Ryan Specialty’s effort to expand its capabilities and offerings in the niche
In a rapidly evolving cyber landscape, businesses are shifting their approach from relying on insurance payouts to handling ransomware attacks internally. This change has led to a notable decrease in cyber insurance claims, even as more companies invest in such policies. The trend highlights an
The persistent increase in property and casualty insurance premiums in California has become a pressing concern, with the state witnessing a $3.2 billion rise in 2023 compared to the previous year. This unsettling trend can be attributed to the escalating frequency and severity of natural
The commercial insurance market has been a topic of significant scrutiny recently, given its fundamental impact on businesses of all sizes. With continuous fluctuations in premium rates, stakeholders are eager to understand whether these costs are stabilizing or still on the rise. The second