In a strategic move to expand its portfolio, Core Specialty Insurance Holdings has acquired American National Group’s Specialty Markets Group (SMG), paving the way for the introduction of Core Specialty's brand-new financial services division. This purchase is a key growth initiative for Core
Small businesses are the backbone of California's dynamic economy, playing a pivotal role in driving innovation and providing jobs. In a state where natural calamities like wildfires and earthquakes are common, having insurance isn't just a prudent choice, it's a necessity for these enterprises.
Series A Success A Rapid Sequence of Funding Rounds Coverdash, an insurtech startup based in New York, has recently garnered significant investor attention by securing a $13.5 million Series A funding round. This new capital infusion adds to its already impressive fundraising achievements, bringing
Running a small business comes with a variety of risks—from onsite accidents to lawsuits over professional errors. Vital to mitigating such unforeseen incidents and the associated financial fallout is obtaining proper insurance coverage. However, the process of selecting the right insurance for
In the last part of 2023, commercial insurance rates in the US have experienced a notable increase, rising by 6.6% from the previous year. This upturn is part of an ongoing trend where the insurance industry has seen a steady escalation in rates of over 6% for consecutive periods. The comprehensive
Falvey Insurance Group has recognized the changing insurance landscape for various industries and responded by creating an innovative Commercial Output insurance product. This new offering targets the unique challenges faced by sectors such as manufacturing, institutional, industrial, and commerce.