Andover Companies Invests in Reinsurance Startup Mereo

The Andover Companies Invests in Mereo Insurance: A New Era for Reinsurance The Andover Companies, a prominent mutual insurance group based in the Northeast, has recently made headlines with its investment in Mereo Insurance, a Bermuda-based (re)insurance startup. This strategic move, finalized on January 31, 2025, positions Mereo as a key player in the reinsurance … Read more

Baltimore Files Lawsuit Against Glock for Handguns That Can Be Easily Modified into Automatic Weapons

Baltimore Takes Legal Action Against Glock: A Growing Concern Over Modified Firearms In a significant legal move, Baltimore has filed a lawsuit against Glock, the well-known gun manufacturer, over the design features of its handguns that allegedly allow for easy modification into fully automatic weapons. This lawsuit, initiated on [insert date], raises serious concerns about … Read more

Personnel Update: Moore Joins Woodruff Sawyer as Vice President and Producer

Julia Moore Joins Woodruff Sawyer as Vice President In a significant move within the insurance industry, Julia Moore has been appointed as a Vice President and Producer at Woodruff Sawyer, a prominent insurance brokerage firm headquartered in Sacramento, California. This strategic addition is expected to enhance the company’s capabilities in the middle market and employee … Read more

Connecticut’s Captive Insurance Sector Continues to Expand

Connecticut’s Captive Insurance Industry: A 2024 Growth Surge Connecticut is making headlines in the insurance world with a remarkable expansion in its captive insurance sector. In 2024, the state has welcomed nine new captive insurers, marking a significant 17% increase compared to the previous year. This growth is not just a number; it represents a … Read more

Florida-Based The Liberty Company Expands Further with $100 Million Credit Offering

Liberty Company Insurance Brokers Secures $100 Million Credit Facility for Growth Initiatives The Liberty Company Insurance Brokers, a rapidly expanding brokerage headquartered in Gainesville, Florida, has recently announced a significant financial boost in the form of a $100 million line of credit. This strategic move is expected to further enhance the company’s growth trajectory and … Read more

Perspective: The Key Ingredients for Creating a Thriving MGA

Understanding the Success Factors of Managing General Agencies (MGAs) The insurance landscape is undergoing a significant transformation, with the managing general agency (MGA) model emerging as a beacon of opportunity for underwriters looking to innovate and create specialized solutions. This shift is driven by ambitious professionals stepping away from traditional insurers to establish MGAs that … Read more

Alliant Appoints Foley as Vice President of Benefits, Located in Tennessee

Alliant Insurance Services Appoints Connor Foley as Vice President of Employee Benefits Alliant Insurance Services, a prominent name in the U.S. insurance brokerage landscape, has announced the appointment of Connor Foley as the new Vice President in its Employee Benefits Group. This strategic move is part of Alliant’s ongoing commitment to enhancing its employee benefits … Read more

Mexico’s Sheinbaum Plans to Sue Google Over ‘Gulf of America’ Map Alteration

Mexico’s President Claudia Sheinbaum Takes a Stand Against Google Over Gulf of Mexico Name Change In a significant development in international relations and digital mapping, Mexico’s President Claudia Sheinbaum has issued a stern warning to Google regarding the recent renaming of the Gulf of Mexico to the Gulf of America on its mapping services. This … Read more

Trump’s Opposition to U.S. Offshore Wind Impacts the Supply Chain

The Decline of U.S. Offshore Wind Investments: An Industry in Turmoil The U.S. offshore wind industry, once heralded as a beacon of hope for clean energy expansion, is currently facing significant challenges. Companies that previously committed to investments in offshore wind infrastructure and supply chains are now retracting their plans, reflecting a broader downturn in … Read more

Markets/Coverages: Mosaic Introduces Comprehensive General and Environmental Liability Insurance

Mosaic Insurance Introduces Comprehensive Environmental Coverage Mosaic Insurance has recently unveiled a groundbreaking insurance product designed to meet the evolving needs of businesses facing environmental risks. The new Site Pollution & General Liability (SGL) form combines primary commercial general liability with an extensive suite of pollution and professional coverages, providing a holistic solution for various … Read more