News

The purpose of the hearing was to gather stakeholder and industry perspectives on the current state of the Federal Crop Insurance Program (FCIP).

Legislation includes the SAFE Banking Act preventing criminal prosecution against agents engaging with cannabis-related legitimate businesses, as well as the Hermit’s Peak Fire Assistance Act.

There were 427 announced insurance agency mergers and acquisitions during the first half of 2022, up 16% from 369 for the same period in 2021, according to OPTIS Partners.

After the Big “I” and other trade organizations noted concerns, the U.S. House of Representatives Rules Committee deemed the amendment was not in order.

To pay for proposed spending, Senate Democrats are considering including two tax increases that would fall entirely on small businesses.

Acrisure, a financial services technology provider and one of the top-10 largest insurance brokers in America, will take over the naming rights of the Pittsburgh Steelers’ home field.

Forty-four percent of employees around the world reported experiencing stress during “a lot” of the day, according to the Gallup report.

The second quarter of 2022 saw personal lines rate increases stabilize at 5.16%. Commercial rates also stabilized at a composite increase rate of 5.91%.

Earlier this week, Ivans, a division of Applied Systems®, announced that Nationwide has joined the Ivans Distribution Platform. Additionally, Vertafore® announced its acquisition of MGA Systems.

Nationally, nearly 7.8 million single and multifamily homes with more than $2.3 trillion in combined reconstruction cost value are at risk of storm surge, according to CoreLogic.