The transaction is expected to close by the end of 2024 and will enhance Marsh McLennan Agency’s operations across commercial property & casualty insurance, employee benefits, management liability and personal lines.
Congress passed legislation to fund the federal government and extend the National Flood Insurance Program (NFIP) through Dec. 20.
The bill will improve forest management, reduce wildfire risk and protect critical infrastructure through federal, state, tribal and local collaboration.
The study looks at the independent agency ecosystem as it gains distance from the pandemic and navigates the obstacles presented by the hard market.
A record 6.8% of all home insurance customers are actively shopping for new policies in 2024, yet only 2.2% of homeowners switched policies as a result.
The Big “I” installed Indiana’s Todd Jackson, owner and partner at McGowan Insurance Group in Indianapolis, as the 2024-2025 Big “I” chairman.
The transaction is expected to close by the end of the year pending regulatory approvals.
As the cyber threat landscape becomes more complex, preparedness against cyber risks is declining with only 73% of U.S. business leaders feeling resilient against the cyber risk.
A key theme of this year’s Applied Net 2024 event was cutting through the noise associated with artificial intelligence (AI) technology and driving productivity for agencies large and small.
The newly expanded resource—which builds upon the toolkit first published in July 2023—covers a wide range of updates and strategies for navigating the challenges posed by the hard market.
