Jul 12, 2024 · AM Best has ranked the world’s biggest insurance brokers based on 2023 total revenue, with a new number three emerging and three newcomers making the cut.

National insurance news for USA insurance professionals. Read American insurance news, analysis, and interviews with leaders in the US insurance industry.

Mar 8, 2023 · The 10 largest insurance companies in the US have a combined market capitalization of $1.05 trillion, accounting for almost a third of the industry’s global figure of $3.231 trillion.

Nov 23, 2022 · Premium: How much they need to pay for coverage.; Policy term: How long the policy lasts.; Policy limit: The maximum amount the policy will pay out for a covered peril.; Deductible: The amount the ...

Dec 11, 2023 · sole proprietorship: Owned and managed by one person partnership: Two or more individuals share ownership limited liability company (LLC): Protects owners against personal liability for the ...

Nov 19, 2024 · McKinsey highlighted that rising costs, including repair expenses and reinsurance premiums, have brought affordability into focus, particularly in the U.S. Insurers are encouraged to innovate and ...

Nov 23, 2022 · In this part of our client education series, we will explain the meaning behind common industry buzzwords to help consumers gain a proper understanding of how different insurance policies work, so ...

A confluence of factors is driving growth in the specialty markets, including tightening market conditions (rate increases, stricter coverage terms and conditions, and reduced capacity), a low ...

Aug 2, 2023 · Business insurance carriers provide a range of policies that can help protect your company. The selection is diverse and the kind of coverage you require depends on several factors including size ...

Mar 19, 2024 · Julie Wood, QBE North America CEO – insurance experience. Chief executive officer, QBE NA – September 2023 to Present; Interim chief executive officer, QBE NA – August 2023 to September 2023