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Commercial Auto MGA Cover Whale Obtains $40M Equity Financing

1 mois 2 semaines ago
Cover Whale Insurance Solutions, Inc., a managing general agency (MGA) focused on commercial auto isurance, announced $40 million in new equity financing from Morgan Stanley Expansion Capital. Founded in 2020, Cover Whale’s proprietary driver safety program combines continuous underwriting, real-time …

Inszone Acquires Beasy Insurance Services in California

1 mois 2 semaines ago
Inszone Insurance Services acquired Beasy Insurance Services in California. Founded by Wendy Beasy in 2002, Beasy Insurance Services specializes in personal lines coverage placement throughout California and the Southwest. Sacramento, California-based Inszone is an insurance brokerage firm offering of property/casualty …

Michigan Manufacturer Sued for Sexual Harassment

1 mois 2 semaines ago
East Jordan Plastics, Inc., a manufacturer of plastic horticultural containers, violated federal law when it subjected female production employees to sexual harassment before taking untimely remedial action, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. According to …

The Hartford Net Income Up 35% on Premium Growth

1 mois 2 semaines ago
Net income at The Hartford increased 35% to $990 million in the second quarter 2025 as personal lines returned to profitability compared to the same period a year ago. Q2 property/casualty written premiums increased 8% compared to Q2 2024. Premiums …
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