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Global Q1 Commercial Insurance Rates Drop 3%, but US Casualty Bucks the Trend
Apr 24 2025 // Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4 2024, according to the Global Insurance Market Index published quarterly by insurance broker Marsh. The Q1...
Business Moves: Ignyte, Novacore Spin Off From NSM Commercial Business Sale
Apr 22 2025 // Ignyte and Novacore have launched following the recent sale of NSM Insurance Group’s U.S. commercial business to investment firm New Mountain Capital. Conshohocken, Pennsylvania-based NSM had said it would become two...
MarketScout: Q1 Composite Personal Lines Rates Up 4.9%; Commercial Rates Up 3%
Apr 21 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period. Richard Kerr, CEO of Novatae Risk Group,...
Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube Report
Apr 21 2025 // Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output. “This...
Majority of Small Business Leaders Think AI Will Play ‘Crucial Role’ in Work Safety
Apr 21 2025 // More than half of small business leaders believe artificial intelligence will play a “crucial role” in worker safety over the next five years, according to a new report from Pie Insurance. A survey of...
Elevate Your Agency: Expand into Commercial Lines with EZLynx and Tarmika
Apr 17 2025 // This post is part of a series sponsored by EZLynx. As an independent agent, chances are you’re always on the lookout for new ways to diversify your business and boost revenue. If you’ve spent years building a...
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