Author: completebodyneeds
Keystone announced Kreager Insurance Services, Inc. as its newest network partner in Wisconsin. Founded more than 50 years ago, Kreager is independent insurance agency serving individuals, families, and businesses throughout Wisconsin. With offices in Marathon and Schofield, the agency is led by partners Ryan and Julie Kreager, who are focused on continuing the agency’s legacy while preparing the next generation of leadership. Was this article valuable? Yes No Here are more articles you may enjoy. The most important insurance news,in your inbox every business day. Get the insurance industry’s trusted newsletter
A majority of Texans oppose the construction of data centers in their community, including nearly two-thirds of Texans living in rural areas, according to a new poll published Tuesday. The survey of 1,200 self-reported registered voters conducted by the University of Texas/Texas Politics Project comes as Republican state officials increase their scrutiny of the tech industry and its race to build out the infrastructure needed to support the growing use of artificial intelligence. “What the data underlines is how much of a problem the business stakeholders that are heavily in favor of [data center development] have on their hands,” said…
In another measure of the remarkable turnaround of the Florida insurance market, Citizens Property Insurance Corporation’s share of the market has dropped to just 2% for the first time in more than 15 years, Citizens’ president said at a board meeting Tuesday. Click to enlarge As of the end of March 2026, Florida-based carriers held 70% of the market in the state, with “pups”—Florida subsidiaries of national writers—taking 15%, President Tim Cerio’s report explained. Citizens’ share has dropped from a high of 23% in 2011, as 2022 legislative changes have made a difference, rates have stabilized and more than 20…
Alliant Insurance Services has added Yana Jones as Vice President within its Employee Benefits Group, expanding the firm’s benefits consulting capabilities in Indiana and across the region. Jones will work with employers to design benefits programs that align with business objectives, strengthen workforce retention, and support long-term growth. Jones has extensive experience advising employers on employee benefits strategy and execution throughout Indiana and the Chicagoland region. She has worked with organizations across a wide range of industries, including manufacturing, technology, financial services, and public entities, helping clients navigate complex benefits challenges. Prior to joining Alliant, Jones served as a Health…
Allianz Global Investors secured $744 Million in commitments for the first close of its latest private credit fund targeting investments in the Asia Pacific, underscoring sustained investor interest for the asset class in the region. The Allianz Asia Pacific Secured Lending Fund III targets mid-market private credit opportunities by lending to high-growth companies across Southeast Asia, South Asia, Oceania and selected Asia Pacific markets, excluding China, according to a statement Tuesday. AllianzGI raised $610 million in 2023 for a the predecessor APAC private credit fund. Private credit in Asia, where managers typically operate through investment vehicles with a defined, finite…
The independent agency channel placed 62% of all property/casualty insurance written in the U.S. in 2025, a slight increase from 2024 when 61.5% of insurance written was placed by independent agents. According to the 2026 Market Share Report published by the Independent Insurance Agents & Brokers of America (Big “I”) trade association, independent agents (IAs) wrote 87.7% of commercial lines written premiums in 2025 and 39.5% of personal lines. The independent insurance agency channel also gained traction in surplus lines, with a 9.9% utilization rate, up from the five-year average of 9.3%. Private flood had a 52.6% utilization rate, up…
Equal Parts, an InsurTech that acquires independent insurance agencies and equips them with artificial intelligence technology, announced it has acquired Texas-based D3. D3 was started in Amarillo, Texas by Rex Young, Stephanie Musick, Dustin Webb, and Brock Sherwood. Collectively, the four founders bring more than 75 years of insurance experience. D3 writes home, auto and commercial and has additional offices in Denton and Gainesville. Austin-based Equal Parts launched in 2025 with $10 million of capital led by Equal Ventures and Max Ventures. Equal Parts seeks to redefine insurance distribution by acquiring small agencies and empowering them with AI-powered tools designed…
Iran and Oman said they’ll begin work on finding an agreement over the future administration of the Strait of Hormuz, including the cost of managing transit, as traders and shipowners fret over the prospect of the introduction of a tolling arrangement. The two nations — which border the narrow opening to the Persian Gulf — will begin discussions on the services relating to navigation, including “costs associated with them in accordance with international standards,” according to a joint statement. They added that both countries are committed to keeping Hormuz secure and open for international navigation. Iran has been seeking to…
Private U.S. property/casualty insurers posted a first quarter 2026 underwriting gain of $15.8 billion—quite the reversal after recording an underwriting loss of $864 million for the first three months last year. A new report from Verisk and the American Property Casualty Insurance Association (APCIA) said after tax net income for this portion of the industry more than doubled to $40.9 billion in Q1 2026. “Industry profitability improved in 2025 and the first quarter of 2026, driven largely by moderating inflation and an unusual respite from natural catastrophes over the past 12 months,” said Robert Gordon, senior vice president, policy, research…
Exceptionally warm sea surface temperatures in the Pacific Ocean are setting the stage for a potential “super” El Niño of record-breaking intensity. Temperatures in a part of the equatorial Pacific that’s closely monitored to define El Niño and La Niña events are currently at 29.4C (84.9F), or 1.7C above the 30-year average, according to the latest data from US National Oceanic and Atmospheric Administration. That’s on track to be the largest warm deviation from the historical average for June since 1981, the data show. El Niño is a naturally occurring climate phenomenon that can cause drenching rains in one part…
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