ALKEME Acquires Innovative Insurance Group

California-based insurance brokerage ALKEME has acquired Innovative Insurance Group, a major player among Virginia’s insurance agencies. This move broadens ALKEME’s reach on the East Coast, with the local team continuing to work out of its eight Virginia offices. Innovative Insurance Group was formed in 2015 when four Virginia benefits agencies combined. The company focuses on … Read more

North Carolina Residents Now Eligible for State Assistance Following Tropical Storm Chantal

People living in central North Carolina whose homes and belongings were damaged by heavy rains from Tropical Storm Chantal last month can now apply for state financial help. The aid is available to residents in eight counties around the Raleigh-Durham-Chapel Hill area, following a state disaster declaration signed by Governor Josh Stein. The storm dumped … Read more

Two South Carolina Deputies Injured by Live Rounds Stored in Baggie Inside Desk Drawer

Two deputies in Greenville County, South Carolina, were seriously injured during a SWAT training exercise when they were shot with live breaching rounds instead of blanks. The incident happened on July 29 at a vacant school building where officers were practicing room clearing. According to Sheriff Hobart Lewis, the rounds used were taken from a … Read more

Smith Brothers Acquires Moscato & Associates

Smith Brothers Insurance, a Connecticut-based broker, has expanded its reach by acquiring Moscato & Associates, an independent agency located in Ithaca, New York. The deal, finalized on August 1, 2025, brings Moscato & Associates’ expertise in employee benefits, individual health, and Medicare under the Smith Brothers umbrella. Edward Moscato and his team will join Smith … Read more

Zurich Insurance Achieves Record $4.2B H1 Profit Fueled by Middle Market and Specialty Segments

Zurich Insurance Group has reported impressive results for the first half of the year, with business operating profit rising 6% to a record $4.2 billion. The company’s core return on equity also reached an all-time high of 26.3%, highlighting strong financial health. CEO Mario Greco credited this success to Zurich’s smart approach to underwriting and … Read more