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News
Employers now naming AI as a factor in broker selection, Zywave survey finds
5+ hour, 47+ min ago (503+ words) AI has become a named factor in how clients choose their brokers, alongside rising demand for brokers who act as trusted strategic advisors, according to Zywave's 2026 Broker Services Survey, an annual study that gauges what employers expect from their insurance…...
Marsh figures show US rates bucking global trend
5+ day, 1+ hour ago (323+ words) Commercial insurance buyers are still getting a good deal. Global rates fell an average of 6% in the second quarter of 2026, according to Marsh's latest Global Insurance Market Index - the eighth quarter in a row of declines, and a bigger drop…...
US commercial property rates fall for first time since 2017, Alliant finds
1+ week, 16+ hour ago (579+ words) Commercial property premiums fell 1.2% across all account sizes in the first quarter of 2026, the first decline since the third quarter of 2017, according to Alliant Insurance Services' 2026 Mid-Year Insurance Marketplace Insights and Observations Report. The report, now in its ninth edition,…...
Old Republic completes vote on Everett Cash Mutual deal
3+ week, 5+ day ago (519+ words) AM Best placed Everett Cash Mutual Insurance Co. under review with a positive outlook this year, while its merger partner drew the opposite rating. That divergence sits behind a deal that took another step forward when ECM members voted to…...
Half of New Zealanders fear losing access to home insurance
4+ week, 9+ hour ago (831+ words) Insurance Business Half of New Zealanders fear losing access to home insurance New Zealanders know what needs to change The Reserve Bank of New Zealand (RBNZ) placed insurance affordability on its financial stability risk register for the first time in…...
GI Collective launches to push home insurance up the adviser agenda
1+ mon, 1+ week ago (554+ words) Mortgage advisers want to sell more general insurance, but many struggle to fit it into the client conversation. Three major home insurance providers are now teaming up to change that. Paymentshield, LV= General Insurance (LV= GI) for Intermediaries, and Ceta…...
The buyer's window is open - but Aon says the clock is ticking
2+ mon, 1+ week ago (221+ words) Read next: Marsh insurance index shows every region posting rate declines in Q1 Howden CEO David Howden has described 2026 as a moment when “everyone stands to benefit” amid falling prices despite elevated political and economic volatility — a verdict that captures the…...
FSRA hits Ontario mortgage broker and firm with $210,000 in penalties
2+ mon, 4+ week ago (421+ words) The Financial Services Regulatory Authority of Ontario, or FSRA, has imposed administrative monetary penalties of $60,000 on mortgage broker Harold Gerstel and $150,000 on Esther Gerstel Inc. (EGI), and issued a compliance order restricting EGI from conducting mortgage lending unless it complies…...
Fee-only home insurance is moving beyond prestige cover
4+ mon, 7+ hour ago (326+ words) Fee-based remuneration has long been common in specialty lines such as D&O, marine, aviation and other complex commercial risks. What is new, or at least becoming more visible, is the way that logic is appearing in brokered home insurance…...
Home insurance is the biggest blind spot for Canadian collectors, says expert
4+ mon, 1+ week ago (705+ words) For many Canadian collectors, the single biggest risk to their card, memorabilia or art collections isn’t theft or fire – it’s assuming their homeowner’s policy will pick up the tab if something goes wrong. “The biggest risk is assuming that a…...