Arthur J. Gallagher & Co. today announced it has signed a definitive agreement to acquire AssuredPartners, a US insurance broker with client capabilities across commercial property/casualty, specialty, employee benefits and personal lines, for a gross consideration of $13.45 billion from GTCR.
Auto lenders expect EV adoption to slow on the heels of the expected elimination of the federal EV tax credit…
Stand, a homeowners insurance provider for properties in high-risk areas, has raised $35 million in a Series B funding round, which will support the company’s expansion into the Florida market.
Bhutan has joined forces with Binance and DK Bank to become the first country to roll out a national-level crypto payments system for tourists.
Floodbase, a platform focused on insuring flood risks beyond traditional coverage, has partnered with insurance intermediary Yokahu to introduce automated parametric flood insurance in New Orleans.
The Insurance Council of Australia (ICA) has declared a ‘Significant Event’ for regions of Queensland, New South Wales and Victoria impacted by severe storms between 23 December and Boxing Day.
London-based digital savings and mortgage platform Tembo has raised £14 million in a Series B funding round led by Goodwater Capital.
Agents and Brokers, Current Issue, Employment Practices, P/C Insurers
Incentives increased in the fourth quarter, driven by normalizing supply levels and intensifying competition. Toyota is offering a 4.99% annual…
Financial markets AI-analytics firm big xyt has secured a €10 million funding round to drive global expansion.
The Travelers Companies has reported Q3 2025 net income of $1.888 billion, up 50% from the same period of 2024, with a consolidated combined ratio of 87.3%.
S&P Global Ratings has raised the long-term issuer credit and insurer financial strength ratings for African Reinsurance Corp. (Africa Re) and its South African subsidiary, African Reinsurance Corp. (South Africa) Ltd., to ‘A’ from ‘A-‘, driven by its long track record of strong operating performance while managing foreign currency risks as a result of operating in African countries.
