News
Viewpoint: Methuselah Mutuals
2+ hour, 51+ min ago (388+ words) Precious few U. S. corporations have been in business for two centuries. Among them are King Arthur Flour (1790), CIGNA (1792), Jim Beam (1795) and Brooks Brothers (1818), although the storied suit-maker entered bankruptcy proceedings in 2020 due to a plunge in sales during the COVID-19 pandemic....
Innovation in Insurance Starts with Operations
1+ week, 8+ hour ago (506+ words) This article is part of a sponsored series by Fulcrum. Across the insurance industry there is growing excitement, along with a rapidly expanding set of technology options. AI tools, automation platforms, and digital submission systems promise to make agencies faster,…...
Lockton Reports Organic Revenue Growth of 11% for Fiscal Year 2026
3+ week, 4+ day ago (511+ words) Lockton, the privately held, independent insurance brokerage, reported strong financial results for fiscal year 2026, with global revenues increasing 12% year over year to approximately $4. 5 billion, with organic growth of 11%. This performance marks Lockton's sixth consecutive year of double'digit organic growth, Lockton…...
Insurance Platform Corgi Valued at $2. 6 B in Funding Round
1+ mon, 5+ day ago (79+ words) AI insurance platform Corgi said on May 28 it raised $106 million in a funding round led by investment firm TCV that valued it at $2. 6 billion. The funding round underscores strong investor appetite for startups using artificial intelligence to modernize the financial…...
The Soft Market Advantage No One Talks About: Operational Excellence for MGAs
1+ mon, 2+ week ago (155+ words) Insurance Journal is a part of the Wells Media Group Network " 2026 by Wells Media Group, Inc. Topics: AI, Technology and Underwriting How MGAs can use speed, consistency, and technology to stay ahead A soft insurance market changes the rules for…...
People Moves: Nessa Joins Lawley; Great Bay Adds Famiglietti as VP, Commercial Lines
1+ mon, 2+ week ago (124+ words) Nessa Joins Lawley as Insurance Advisor Lawley, headquartered in Buffalo, New York, hired Amy Rae Nessa as an insurance advisor. With more than a decade of experience supporting businesses across Western New York, Nessa specializes in construction, hospitality and business…...
NH House Passes Self-Insurance for Childcare, Behavioral Health Businesses
1+ mon, 3+ week ago (139+ words) On the last day to vote on bills, the New Hampshire House of Representatives passed a bill aimed at reducing liability insurance costs for care professionals. Republished with permission from the New Hampshire Bulletin, which is part of States Newsroom,…...
Commercial Lines Rates Continue to Soften, Says Ivans Index
2+ mon, 1+ week ago (444+ words) Insurance Journal Premium renewal rates in the first quarter 2026 decreased for all major commercial lines compared to the fourth quarter 2025, according to the Ivans Index. "Q1 sets an important baseline for 2026, with commercial rates continuing to soften as the market adjusts…...
CRC Group Adds Murphy as Casualty Broker; Peachtree Group Names Morey VP
2+ mon, 3+ week ago (172+ words) CRC Group, a wholesale specialty insurance distributor, has added a broker to its specialty team, based in Charlotte, North Carolina. Will Murphy has experience in commercial insurance advisory and casualty brokerage, with a focus on business development and client engagement,…...
Inszone Acquires Oklahoma's Schuessler
2+ mon, 3+ week ago (148+ words) Inszone Insurance Services announced its expansion in Oklahoma through the acquisition of Schuessler Insurance, Inc. , a long-standing independent insurance agency based in Alva, Oklahoma. Founded in 1973 by Harvey Schuessler, the agency began as a small operation run from Schuessler's dining…...