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Virginia-based Markel Corporation completed the acquisition of SureTec Financial Corp. a large, privately owned surety company based in Houston.
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JLT Specialty USA appointed Grant Nichols senior vice president at the firm’s base in Philadelphia.
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Private U.S. property/casualty insurers suffered a $4.7 billion net underwriting loss in 2016, following an $8.9 billion net underwriting gain in 201
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Wells Fargo is considering the sale of its insurance brokerage business for up to $2 billion, according to a recent report.
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Paid ride-sharing service Uber will raise rates in eight states, including Pennsylvania and Delaware, to have customers pay the cost of insurance for
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Lemonade, the online insurance startup based in New York that promises renters and homeowners insurance in 90 seconds and claims payment in 3 minutes
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Risks and damages from hacker attacks are fueling coverage demand for cyber insurance, which may triple the market to $10 billion by 2020.
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Encompass Insurance, the Allstate Insurance company that sells business through independent agents, will leave the Massachusetts market to improve pr
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