April 7, 2025

Minnesota Lawmakers Propose Auto Insurance Program for Low-Income Residents

Minnesota lawmakers have introduced a bill that would establish a low-cost auto insurance program for low-income residents. HF 2215 would establish the Minnesota Lifeline Insurance Program, a state-sponsored, alternative auto insurance option for motorists who have a household adjusted gross …

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Business Moves: Dutch Broker HW International Completes MBO; Jewelers Mutual Buys Australia’s Q Report; Ardonagh Advisory Buys UK Broker ALP Holdings

Dutch Broker HW International Completes Management Buyout HW International BV (HWI BV), the privately held, Dutch insurance broker, has completed a management buyout with the backing of OBL Investments BV, a privately held company. Financial details of the MBO were …

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Cattle Raisers Insurance to Offer 10% Discount on Travelers Property Coverage

Cattle Raisers Insurance, in partnership with Higginbotham, announced a new offering that provides qualified Texas & Southwestern Cattle Raisers Association members with an exclusive 10% discount on Travelers property insurance coverage. The announcement builds on the recently launched partnership between …

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Florida OIR Faults DFS in Move to Combine Regulatory Functions. DFS Pushes Back

In a March memo to lawmakers, Florida’s Office of Insurance Regulation sharply criticized the state’s rather unique two-agency insurance regulatory structure, arguing that the Department of Financial Services has dropped the ball on consumer complaints, investigations and insurer affiliate companies. …

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SecurityScorecard Names Willis as Official Cyber Broker as Part of Partnership

SecurityScorecard and Willis, a WTW business, announced a collaboration to enhance cyber risk quantification, improve insurance modeling, and strengthen enterprise security strategies for organizations worldwide. As part of this partnership, SecurityScorecard has named Willis as its official insurance broker. By …

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