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PE-Backed Insurance Broker Hub International Files Confidentially for US IPO
Jun 29 2026 // Private equity-backed insurance broker Hub International announced on Friday that it has confidentially filed for an initial public offering in the United States. The Chicago-based company was valued at $29 billion in its...
People Moves: Venbrook Names Ward CFO; Lesmann Joins Crest as Broker; Alliant Adds Lundquist to Benefits Team
Jun 29 2026 // Ward Joins Venbrook as CFO Venbrook Group LLC named Kenneth W. Ward chief financial officer. Kenneth Ward Ward specializes in operational efficiency, cost-cutting initiatives and growth. He has worked across a variety of...
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested
Jun 25 2026 // A 14-month-long “ghost broker” investigation has concluded with the arrest of a man accused of procuring more than 1,120 auto insurance policies using fraudulent data and social media apps. The Utah Insurance...
Former Idaho Insurance Agent Pleads Guilty to Backdating Policy
Jun 24 2026 // A former Idaho insurance agent pled guilty to insurance fraud for backdating a policy. Stetzen Bailey, of Heyburn, a former Farm Bureau Insurance agent, pled guilty to one felony count of insurance fraud. An investigation...
Big I: Independent Agencies’ Market Share Up Slightly in 2025
Jun 23 2026 // The independent agency channel placed 62% of all property/casualty insurance written in the U.S. in 2025, a slight increase from 2024 when 61.5% of insurance written was placed by independent agents. According to the 2026...
Cover Whale Launches Wholesale Transportation Broker Headed by Atkielski
Jun 23 2026 // New York-based Cover Whale Insurance Solutions LLC, a technology-enabled commercial transportation managing general agent (MGA), has launched Breakwater Markets, a digital wholesale brokerage focused on transportation...
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