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The insurance distribution sector recorded 148 merger and acquisition transactions in the first quarter of 2026, a 6% decline from 157 in the same period a year earlier and the lowest first-quarter deal volume since 2016, according to OPTIS Partners’ North American Agent & Broker Merger & Acquisition Update.
The quarter’s total came in 16% below the previous fi...
The first three months of 2026 produced no single insured loss event exceeding $10 billion, leaving the global insurance and reinsurance industry with ample catastrophe budgets heading into the historically costlier second and third quarters, according to Gallagher Re.
Total economic losses from natural disasters reached $58 billion in Q1, 12% below the 10-year first-q...
World Insurance Associates named John Newell as chief executive officer effective April 21, succeeding founder Rich Eknoian, who transitions to executive chairman.
“World’s pace of growth and track record of innovation have been exceptional, and the opportunity ahead is even greater,” Newell said.
Newell brings more than two decades of experience in the insuranc...
Alliant Insurance Services appointed Michael J. Cusack as president of Alliant Property & Casualty.
“Mike brings strong business acumen and leadership skills and, as an outstanding producer, he is uniquely qualified to continue to drive significant growth across Alliant P&C,” said Peter Arkley, president of national retail brokerage at Alliant. “Mike’s client-c...
Lockton named Ashleigh Sears as its Alternative Risk Solutions Practice Leader.
“Lockton is committed to delivering highly specialized alternative risk solutions that meet the evolving needs of our clients,” said Devin Beresheim, U.S. Risk Solutions Leader. “I’m pleased that Ashleigh has joined Lockton and I am confident she is the right person to lead the practice at ...