Skip to main content

Inszone Acquires Texas’ Talerity

1 week 4 days ago
Inszone Insurance Services announced the strategic acquisition of Talerity, LLC, a specialized insurance agency focusing on professional liability for medical providers. Founded in 2008 by Cary Smith, Talerity has carved a niche in the insurance landscape with its forward-thinking approach …

Allstate Reports $731M in Q1 Pretax Catastrophe Losses

1 week 4 days ago
Allstate Corporation estimated pretax catastrophe losses of $731 million, with $328 million from the month of March. Six events contributed to the $343 million total for March — before favorable reserve re-estimates brought down the total. One hail event accounted …

Time-Tested Loss Reserving Methods Challenged: AM Best

1 week 4 days ago
Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve strengthening for accident years 2015-2019 to continue, the rating agency said in a new report. As companies “finished reporting their …