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W. R. Berkley Corporation Forms Berkley Meridian
GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today announced the formation of Berkley Meridian, a new specialty insurance business that will combine the strengths of Verus Specialty Insurance and Vela Insurance Services under a shared leadership structure and strategic vision. Marlo M. Morrison will assume the role of president of Berkley Meridian. The new business will bring together underwriting capabilities, leadership talent, and expertise across construction, pr...
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Alliant Insurance Services to Acquire Nava, Creating an AI-Native Model for the Future of Employee Benefits
IRVINE, Calif.--(BUSINESS WIRE)--Alliant Insurance Services today announced that it has entered into an agreement to acquire Nava Benefits....
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Inszone Insurance Services Climbs to #22 Among the Nation's Top 100 Property/Casualty Agencies
SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, proudly announces its placement as #22 on Insurance Journal's Top 100 Property/Casualty Agencies list for 2026, advancing seven positions from #29 the previous year. Since its founding in 2002, Inszone Insurance Services has experienced extraordinary growth, expanding from an initial team of just 30 individuals to more than 1,500 dedicated insuran...
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AM Best Upgrades Issuer Credit Ratings of Kinsale Insurance Company and Kinsale Capital Group, Inc.
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Kinsale Insurance Company (Kinsale) (Little Rock, AR). The outlook of the Long-Term ICR has been revised to stable from positive while the outlook of the FSR is stable. Concurrently, AM Best has upgraded the Long-Term ICR to “bbb+” (Good) from “bbb” (Good) of Kinsale Capital Group, In...
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Best’s Market Segment Report: Inland Marine Profitability Remains a Hallmark as the Risk Landscape Evolves
OLDWICK, N.J.--(BUSINESS WIRE)--The inland marine line of insurance coverage continues to outperform the broader U.S. property/casualty (P/C) sector on underwriting, while any premium growth remains limited and largely driven by inflationary factors and ancillary coverages, according to the new AM Best report.The new Best’s Market Segment Report, titled, “Inland Marine Profitability Remains a Hallmark as the Risk Landscape Evolves,” states that the risks associated with this line of coverage for...
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AM Best Affirms Credit Ratings of PT Lippo General Insurance Tbk.
HONG KONG--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent), the Long-Term Issuer Credit Rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) of PT Lippo General Insurance Tbk. (LGI) (Indonesia). The outlook of these Credit Ratings (ratings) is stable.The ratings reflect LGI’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropr...
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BakerHostetler Launches Crypto Asset Disputes Team
WASHINGTON--(BUSINESS WIRE)--BakerHostetler announced today the launch of its Crypto Asset Disputes team, a dedicated team focused on litigation and arbitration involving crypto assets, blockchain technology and emerging digital markets. Born out of the firm's existing Chambers-ranked Web3 and Digital Assets team, which launched in 2018, this new team formalizes and expands the firm's long-standing work in complex litigation at the intersection of digital assets, disputes and market infrastruct...
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Prodigy Care Services Ranks No. 43 in Health Services on the 2026 Inc. 5000
HOUSTON--(BUSINESS WIRE)--Prodigy Care Services, a pharmacist-founded workers' compensation pharmacy company, today announced its debut on the 2026 Inc. 5000 following three-year revenue growth of 975%. Prodigy ranks No. 43 among Health Services companies, No. 47 among Texas companies and No. 354 nationwide, placing the company within the top 7% of America's fastest-growing private companies. Founded in 2020, Prodigy manages pharmacy spend for workers' compensation payers under clinical oversig...
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ALPS Corporation Goes Live on OneShield Market Solutions to Power Lawyers' Professional Liability Operations for LawyerCare
MARLBOROUGH, Mass.--(BUSINESS WIRE)--OneShield, a provider of modern, AI powered systems for commercial property & specialty insurers and MGAs, today announced that ALPS Property & Casualty Insurance Company (ALPS), the nation's largest direct writer of lawyers' malpractice insurance, has gone live on OneShield Market Solutions (OMS) for policy administration of its LawyerCare lawyers' professional liability (LPL) program. The implementation positions ALPS to operate its recently acquir...
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Wawanesa Insurance Becomes W Insurance
SAN DIEGO--(BUSINESS WIRE)--Wawanesa General Insurance has changed its name to W Insurance and provides auto and property insurance in California through award-winning service....