SIAA has acquired Canopy Specialty Insurance, a U.S.-U.K. specialty commercial P&C managing general agent, adding underwriting and product development capabilities to its distribution platform.
MountainOne Insurance Becomes 15th Massachusetts Agency With MAIA Five Star Designation
MountainOne Insurance has earned the Massachusetts Association of Insurance Agents’ Five Star Agency Designation, becoming the 15th agency in the state to hold the recognition.
AM Best: U.S. P/C Fronting Market Tops $30 Billion as Credit Risk Grows
The U.S. P/C fronting market continued to expand in 2025, with more than $30 billion in estimated premium, while AM Best warned that growing use of unrated and unauthorized reinsurers is increasing counterparty credit risk.
Senators Want Info on Insurers’ Use Of No-Pay Claim Practices
Sens. Elizabeth Warren and Josh Hawley are seeking 10 years of homeowners and personal auto claims data from Liberty Mutual and five other major insurers amid increases in claims closed without payment.
Lou Garcia joins InsurBanc as President and CEO
InsurBanc has appointed Lou Garcia president and CEO. Garcia brings more than 25 years of experience in investment banking, alternative asset management and financial services.
