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While deal volume dropped year-on-year, MarshBerry still expects 2023 to see the third-highest transaction volume on record.

The U.S. Bureau of Labor Statistics reports that over the last two decades, around 20% of new businesses failed within the first two years.

Agencies that focused solely on P&C lines accounted for 62% of the transactions during the period.

The 70-year-old woman was ordered to pay $155,870 in restitution to Travelers Insurance.

The proposed guidelines reflect the larger trend of increased antitrust scrutiny under the Biden Administration.

The deal is expected to close later this year, according to Marsh.

A new report from Clyde & Co examines the decline in M&A around the globe.

This article explores the extended outlook for hurricane activity and what insurers can do to stay ahead of the rising threat.