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Commercial insurance price hikes ease

Commercial insurance policyholders paid an average premium increase of 7% in the fourth quarter of 2023, down from 8.1% in the prior quarter, according to the Council of Insurance...
Commercial insurance policyholders paid an average premium increase of 7% in the fourth quarter of 2023, down from 8.1% in the prior quarter, according to the Council of Insurance...
Article / 2 months ago

Amwins replaces insurer on trucking programs

Amwins Inc. said Thursday that Lancer Insurance, a division of Core Specialty Insurance Holdings Inc., would replace Protective Insurance Co. as the insurer for two of its trucking programs....
Amwins Inc. said Thursday that Lancer Insurance, a division of Core Specialty Insurance Holdings Inc., would replace Protective Insurance Co. as the insurer for two of its trucking programs....
Article / 3 months ago

General liability rate hikes ease, auto still tough

General and excess liability policyholders saw some slowdown in the pace of rate increases at year-end renewals, but buyers with a significant auto liability exposure continued to see hefty price...
General and excess liability policyholders saw some slowdown in the pace of rate increases at year-end renewals, but buyers with a significant auto liability exposure continued to see hefty price...
Article / 4 months ago

One80 Intermediaries buys MGA

Boston-based One80 Intermediaries Inc., said Tuesday it has acquired GMI Insurance, a managing general agent that specializes in commercial transportation and related coverage....
Boston-based One80 Intermediaries Inc., said Tuesday it has acquired GMI Insurance, a managing general agent that specializes in commercial transportation and related coverage....
Article / 9 months ago

Commercial premium increase up slightly in Q2: CIAB

Commercial insurance premiums increased by 8.9% in the second quarter of 2023, up slightly from an 8.8% hike in the first quarter, according to the Council of Insurance Agents & Brokers’...
Commercial insurance premiums increased by 8.9% in the second quarter of 2023, up slightly from an 8.8% hike in the first quarter, according to the Council of Insurance Agents & Brokers’...
Article / 9 months ago

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