Arthur J. Gallagher & Co., a prominent insurance brokerage, risk management, and consulting services firm, has recently announced the acquisition of two brokerages: Dawson & Keenan Insurance Ltd. in Canada and Hann Insurance Brokers Pty Ltd. in Australia. These strategic moves are set to
The concept of micro-captive insurance is garnering significant attention in Florida as small businesses seek alternatives to traditional insurance due to soaring commercial insurance rates. Despite the increased scrutiny by the IRS concerning potential tax implications, more small business owners
As commercial property and casualty (P/C) insurance stakeholders speculate about future rate stability, the financial repercussions of Hurricane Helene remain a pertinent topic of discussion. Despite the strain inflicted by recent natural disasters, industry experts are forecasting that rates will
The Florida homeowners' insurance market, once beleaguered by insolvencies and escalating legal costs, is showing signs of recovery. This positive shift follows significant legislative reforms implemented two years ago, which have created a more stable environment for insurers. The entry of new
The commercial real estate market is facing unprecedented challenges as a confluence of factors, including reinsurance expenses, persistent inflation, regulatory changes, and frequent weather-related claims, are driving up property insurance costs. According to a recent report by the Urban Land
Arch Capital Group Ltd has garnered substantial attention as it has been named the fastest-growing firm among the world's largest property and casualty insurers by S&P Global Market Intelligence. Based in Bermuda, Arch Capital saw a significant boost in its gross premiums earned, reaching $17.02
