News Archives - Insurance Journal

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30 10, 2025

WTW Reports Flat Q3 Revenue of $2.29 Billion, With Organic Growth of 5%

By | October 30th, 2025|Uncategorized|Comments Off on WTW Reports Flat Q3 Revenue of $2.29 Billion, With Organic Growth of 5%

WTW reported third quarter revenue of $2.29 billion, flat with $2.29 billion for Q3 2024, which the broker attributed to the sale of its direct-to-consumer insurance distribution business, TRANZACT. WTW reported organic growth of 5% for the quarter, compared with …

16 10, 2025

NAMIC to Federal Lawmakers: Do Your Job on Flood Insurance Program

By | October 16th, 2025|Uncategorized|Comments Off on NAMIC to Federal Lawmakers: Do Your Job on Flood Insurance Program

Two weeks into the expiration of the National Flood Insurance Program, one of the insurance industry’s trade associations is once again calling for a reauthorization. The National Association of Mutual Insurance Companies (NAMIC) on Oct. 16 issued a statement directed …

16 10, 2025

Storm System Threatens Central and Southern US With Hail and Damaging Winds

By | October 16th, 2025|Uncategorized|Comments Off on Storm System Threatens Central and Southern US With Hail and Damaging Winds

As many as 22 states face the risk for severe thunderstorms, hail and damaging wind gusts over the next several days, meteorologists say. A front over the Central/Southern Rockies is expected to move northeastward, producing showers and thunderstorms over parts …

16 10, 2025

Marsh McLennan Reports 4% Revenue Growth

By | October 16th, 2025|Uncategorized|Comments Off on Marsh McLennan Reports 4% Revenue Growth

Marsh McLennan reports consolidated revenue during the third quarter of $6.4 billion, an increase of 11% over Q3 2024, or 4% on an underlying (organic) basis, level with Q3 2024. John Doyle, President and CEO, described the Q3 results as …

16 10, 2025

People Moves: Fast Joins Alliant Team in Maine

By | October 16th, 2025|Uncategorized|Comments Off on People Moves: Fast Joins Alliant Team in Maine

Alliant Insurance Services, headquartered in Irvine, California, named Rob Fast as executive vice president (EVP) within its employee benefits group. He will be based in Portland, Maine. Fast has decades of experience. His career spans product development, distribution, portfolio management …

16 10, 2025

LA County Officials Approved Emergency Declaration Over Immigration Raids

By | October 16th, 2025|Uncategorized|Comments Off on LA County Officials Approved Emergency Declaration Over Immigration Raids

Los Angeles County officials voted this week to declare a state of emergency that gives them power to provide assistance for residents they say have suffered financially from ongoing federal immigration raids. The move allows the L.A. County Board of …

17 10, 2025

New Hampshire Supreme Court: Law Erasing Limit on Abuse Claims Is Not Retroactive

By | October 17th, 2025|Uncategorized|Comments Off on New Hampshire Supreme Court: Law Erasing Limit on Abuse Claims Is Not Retroactive

A 2020 Granite State law lifting the statute of limitations for sexual abuse claims is not retroactive, the New Hampshire Supreme Court has ruled. The state’s high court found that applying the 2020 law retroactively violates the state’s constitution which …

17 10, 2025

ALKEME Acquires Maryland’s Gorges & Co.

By | October 17th, 2025|Uncategorized|Comments Off on ALKEME Acquires Maryland’s Gorges & Co.

National broker ALKEME Insurance reports it has acquired Gorges & Company, Inc., a full-service agency based in Timonium, Maryland. Founded in 1937, Gorges & Co. provides a full suite of insurance offerings, including employee benefits, business and personal property/casualty, nonprofit …

17 10, 2025

Health Net Settles With California Attorney General for $40M for Misleading Consumers

By | October 17th, 2025|Uncategorized|Comments Off on Health Net Settles With California Attorney General for $40M for Misleading Consumers

A healthcare company has settled with California Attorney General Rob Bonta for $40 million over information Bonta said was misleading consumers. Bonta announced a settlement with HealthNet LLC, Health Net of California Inc., California Health and Wellness Plan and Health …

17 10, 2025

15 States Launch Alliance to Bolster Coordination on Public Health

By | October 17th, 2025|Uncategorized|Comments Off on 15 States Launch Alliance to Bolster Coordination on Public Health

A coalition of 15 U.S. state governors representing more than a third of the country’s population has launched a new bipartisan alliance on Wednesday, aimed at improving public health coordination and emergency preparedness. The Governors Public Health Alliance will serve …