Fitch: US Insurance Market Forecast to Withstand Losses From Large Hurricane This Year

Published on June 21, 2023
With ample capital, Fitch Ratings' latest annual 'U.S. Hurricane Season' report indicates U.S. property and casualty (P/C) and reinsurers can absorb
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Senator Says DeSantis’ Veto of Flood, Other Projects is Political Retaliation

June 21, 2023
Florida Gov. Ron DeSantis has vetoed flood-control and other measures in central and west Florida and at least one Republican claims that it was retaliation for his support for the governor’s rival in the 2024 presidential race. State Sen. Joe …

World Insurance Acquires Business of B. R. Alexander in Boston

June 21, 2023
Insurance broker World Insurance Associates LLC (reports it acquired the business of B. R. Alexander & Co., Inc. of Boston, Massachusetts on May 1, 2023. Terms of the transaction were not disclosed. B. R. Alexander was founded in 1937. The …