Ryan Specialty has recently announced the appointment of Shawn Yingling as Chief Retail Distribution Officer for its specialty underwriting segment, Ryan Specialty Underwriting Managers (RSUM). This strategic move is expected to bring a fresh perspective and extensive expertise to the company,
Crescent Specialty, an independent, employee-owned MGA and Wholesale Brokerage firm headquartered in Houston, Texas, has recently achieved Coverholder status with Lloyd's of London. This significant milestone marks a pivotal moment in the company's journey, reflecting their commitment to long-term
The Fort Myers Beach community in southwest Florida is grappling with a significant decision by FEMA that could impact its recovery from Hurricane Ian in 2022. FEMA has announced that this area will lose its flood insurance discounts due to improper rebuilding practices in designated flood zones.
New York City's Taxi and Limousine Commission (TLC) recently proposed significant changes to commercial auto insurance requirements in response to the financial instability of American Transit Insurance Co. (ATIC), which insures around 60% of the city's 120,000 for-hire vehicles. ATIC reported over
In a significant shift for California's insurance market, Farmers Insurance has announced it will resume offering multiple types of policies after a period of limiting new contracts and halting several insurance lines. This change comes as Farmers aims to ease the ongoing insurance crisis in the
Farmers Insurance has announced a significant expansion of its coverage options in California, marking a positive shift in the state's insurance market. This decision comes in light of substantial regulatory challenges and wildfire losses that previously led to market instability and increased
