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1 day ago | 
insurancebusinessmag.com | Bryony Garlick
Insurance News By Apr 23, 2025 Share Insurers aren’t just adapting to risk - they’re chasing it. Niche policies in cyber, environmental, and automation-related liabilities are no longer add-ons; they’re central to deal-making. After a sluggish 2023, the M&A space is picking up steam - powered by a sharp pivot toward emerging risks. Private equity firms are buying into specialized insurance not only to shield investments but to drive them.
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1 day ago | 
mpamag.com | Bryony Garlick
On top of already existing problems in the housing market, brokers are now navigating surging insurance premiums By 23 Apr 2025 Oklahoma’s mortgage landscape is being reshaped by surging insurance premiums - placing a new strain on borrowers and lenders alike, already dealing with rising interest rates and inflated home prices.
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2 days ago | 
mpamag.com | Bryony Garlick
In an industry obsessed with specialization, one hybrid firm is betting big on versatility – and it’s paying off By 22 Apr 2025
Automation may cut the grunt work, but running a boutique firm that juggles lending, broking and fund management still demands hands-on hustle - and it’s a model that’s quietly thriving.
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3 days ago | 
insurancebusinessmag.com | Bryony Garlick
Workers Comp By Apr 21, 2025 Share At Troy Insurance, the red flags aren’t the big claims - they’re the small ones that show up quietly and often. Left unchecked, they lay the groundwork for major losses. Minor workplace incidents don’t just disappear - they compound. OSHA investigations regularly uncover overlooked safety issues that not only lead to fines and shutdowns but also drive up workers' compensation premiums.
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1 week ago | 
insurancebusinessmag.com | Bryony Garlick
Wholesale By Apr 16, 2025 Share Not every broker wants to run toward hard-to-place risks. In a tough market, where even standard lines like auto liability require creativity and layered placements, the wholesale distribution market has experienced significant growth, driven by increasing demand for specialized insurance solutions. However, this rising demand has not simplified deal closures, particularly for new businesses.
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1 week ago | 
insurancebusinessmag.com | Bryony Garlick
Wholesale By Apr 16, 2025 Share Rising claim severity is forcing insureds to cut back coverage, with some ditching $5 million limits in favor of more modest options. Medical liability premiums in the US reached over $11.6 billion in 2023, according to the NAIC. But that growth masks a stressed market. Carriers are pulling out of high-risk states like California and Florida, tightening underwriting standards in response to soaring jury awards and escalating litigation costs.
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1 week ago | 
mpamag.com | Bryony Garlick
One thing still cuts through advertising cacophony: genuine, consistent service By 16 Apr 2025 In the high-stakes housing market of Orange County, Calif.—where the average home price sits at $1.4 million—building trust and long-term relationships is key. Instead of relying on flashy billboards or targeted digital ads, brokers should consider focusing on putting clients first at every stage of the homebuying journey.
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1 week ago | 
insurancebusinessmag.com | Bryony Garlick
From electrical panel shortages to pickup truck backorders, the supply chain squeeze continues to distort underwriting metrics and destabilize project timelines. In construction especially, ripple effects are severe - delays don’t just slow progress, they trigger policy audit issues, shift sales figures and drive-up premiums off-cycle. As a result, the current insurance environment doesn’t compare to previous economic downturns, said Brent Aycock (pictured), managing director at Higginbotham.
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1 week ago | 
insurancebusinessmag.com | Bryony Garlick
Insurance News By Apr 11, 2025 Share Self-funding is no longer just a strategy for corporations - it’s becoming a lifeline for school districts bracing against shifting education policy and skyrocketing insurance costs. As the federal government leans into decentralization, pushing more oversight to local levels, districts are scrambling to adapt. The result? A growing divide in how schools manage their risk.
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2 weeks ago | 
insurancebusinessmag.com | Bryony Garlick
Colorado’s construction insurance market is buckling—fewer carriers, rising premiums, and stripped-down coverage are leaving builders with little protection and even less clarity. “I think Colorado has been on the brink of an insurance crisis since 2010,” said independent broker Stephanie Beninati. That’s when lawmakers passed House Bill 1394—an effort to protect contractors that, according to Beninati, ended up pushing insurers out of the state.
