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Posted on July 23, 2025 In a bold call to action, Rekha Skantharaja, President and CEO of Tangram Insurance Services, is urging the insurance industry to rethink its leadership model and embrace diverse voices to drive innovation and growth. Her powerful statement, “Put people like me in power,” reflects her journey as a woman of … Read more
Why Reputation Is the Risk Factor Most Companies Overlook August 5, 2025 – In the fast-paced world of business, companies meticulously manage risks like financial volatility, cybersecurity threats, and supply chain disruptions. Yet, one critical risk often flies under the radar: reputation. For insurers and businesses alike, reputational risk is increasingly proving to be a … Read more
EverPeak Insurance Bolsters National Reach with Strategic Acquisition of Method Insurance In a bold stride toward dominating the workers’ compensation market, EverPeak Insurance announces its acquisition of Method Insurance. This move promises to deliver game-changing solutions for brokers serving America’s diverse business landscape. The Acquisition Unveiled EverPeak Insurance, a dynamic subsidiary of Pinnacol Assurance, has … Read more
In a win for Florida homeowners battling insurance companies over property damage claims, a state appeals court has ruled that recent legislative changes limiting attorney’s fees cannot be applied retroactively to policies issued before their effective date. This decision directly impacts Security First Insurance Co., a major player in Florida’s volatile property insurance market, preventing … Read more
Insurance mergers and acquisitions (M&A) in the US and Canada have slowed significantly, with a notable decline in deal volume, though some sectors show resilience. In Q1 2024, agency M&A transactions in North America dropped by 18% compared to the previous year, recording only 155 deals—the lowest since Q2 2020. This marks five consecutive quarters … Read more
[ad_1] When beginning to search for reviews, make sure to look at trustworthy companies. Visit the department of insurance for the state that you live in. Many will publish consumer complaint ratios for all companies that sell policies in their state. This will reveal just how many complaints the company received per every 1,000 claims … Read more
WTW Q2 2025: Net Income Soars 134% Despite Flat Revenue Global insurance broking giant Willis Towers Watson (WTW) reported a remarkable 134% year-on-year surge in net income for the second quarter of 2025, reaching $332 million, even as revenue remained flat at $2.3 billion. The results, announced on July 31, 2025, highlight WTW’s ability to … Read more
Health Insurers Face Mounting Pressure as Medical Trends Accelerate in 2025 In 2025, U.S. health insurers are grappling with unprecedented challenges as medical cost trends accelerate, driven by rising utilization, specialty drug costs, and regulatory shifts. AM Best’s August 2025 report revised the industry outlook from stable to negative, citing a broad-based surge in medical … Read more
On July 28, 2025, Brazilian journalist Clara Nery, a correspondent for Brazil’s Band network, was the victim of an attempted phone theft in Rio de Janeiro’s Botafogo neighborhood moments before going live on the Bora Brasil morning program. While texting on her phone, a motorcyclist approached from behind and tried to snatch it from her … Read more
[ad_1] Cyber attacks are on the rise, so it’s no surprise that cyber insurance continues to be one of the fastest growing sectors in the insurance industry. For insurance agencies, there are two sides to this coin, the opportunity for cyber insurance growth, and the potential for malicious cyber attacks on their own agency’s website. … Read more