Berkshire Hathaway to Acquire Alleghany for $11.6 Billion
The purchase of property-casualty insurer Alleghany is Berkshire Hathaway CEO Warren Buffett’s biggest deal since 2016.
News
NFIP Legislation Introduced as Risk Rating 2.0 Deadline Approaches
The bill would require FEMA to publish the formulas used to calculate policyholder mitigation credits under Risk Rating 2.0.
Last Chance to Apply for Legislative Conference Scholarships
Grassroots and Young Agents Committee scholarships are available to help agents advocate for the independent agency channel at the 2022 Big “I” Legislative Conference.
Marsh McLennan, WTW to Exit Russia, Aon Suspends Operations
As the war in Ukraine escalates, Marsh McLennan will pull out of all its businesses in Russia, while Aon will suspend its operations in the country.
FEMA Announces New Risk Rating 2.0 Webinars for Agents, NFIP Reauthorization Nears
Beginning April 1, all flood policies must be priced under Risk Rating 2.0 at renewal. FEMA is offering new webinars that will focus on renewals under Risk Rating 2.0.
Reps. Clark and Feenstra Announced as 2022 Legislative Conference Speakers
Rep. Katherine Clark (D-Massachusetts), Assistant Speaker of the House of Representatives, and Rep. Randy Feenstra (R-Iowa) will address the 2022 Big “I” Legislative Conference.
Inflation Outpacing Auto and Homeowners Premiums, Says APCIA Report
U.S. insurers are failing to raise premiums fast enough to keep up with historic rates of inflation, according to the American Property Casualty Insurance Association (APCIA).
RISE Conference: Empowering Women in Insurance
On International Women’s Day, Liberty Mutual and Safeco hosted the inaugural RISE Conference, featuring presentations from women insurance leaders and a keystone address by international human rights lawyer Amal Clooney.
Act Now! Early-Bird Pricing Extended for 2022 Big ‘I’ Legislative Conference
Early-bird discount registration for the Big “I” 2022 Legislative Conference, to be held April 27-29, has been extended to March 14.
Manchin Revives Talk of Tax Hikes in ‘Skinny’ Build Back Better Package
Sen. Joe Manchin (D-West Virginia) specifically noted his support of rolling back some of the Trump administration’s tax cuts and raising taxes on individuals and corporations.
