Industry

Risks from the News

A lot happens in between newsletters—don’t miss our coverage of these trending topics.
By Andrea De Bono Posted on August 17, 2021

Here are four news-making topics that you should know about this week:

  • Storms and Hurricanes: With Tropical Storm Fred recently making landfall in Florida and a new Tropical Depression, Grace, forming in the Atlantic, it’s time to consider new technologies that may have the power to mitigate losses going forward.  Check out these unique new ideas in The Hurricane Helper.
  • Global Vaccinations: U.S. leaders recently delivered an open letter to President Biden asking for the United States to demonstrate decisive leadership in the global distribution of COVID-19 vaccines. We spoke with Lloyd’s on insurance vaccine distribution in The Last Mile.
  • War History: The current events in Afghanistan are on everyone’s minds. As war rages on in some parts of the world, we covered some of the history and requirements of the “war coverage” insurance policy. Read The Evolution of War.
  • Restaurant Earnings: During the past few weeks, public U.S. companies reported Q2 earnings. We specifically focused on food delivery as Uber (with Uber Eats) and Door Dash showed mixed results with restaurants reopening for Spring. Can the restaurant scene change once again? Are you ready for Restaurants of the Future?

The Latest in Broker M&A

Looking for recent M&A action? Here are the latest deals from our industry Ticker!

  • Hub International acquired the Kansas-based trade broker Dissinger Reed, which provides insurance to more than 200 colleges and universities, 27 state high school associations across the U.S., and the National Federation of State High School Associations (August 16)
  • Arthur J. Gallagher inked an agreement to buy Willis Re—the reinsurance brokerage operations of Willis Towers Watson—for $3.25 billion in cash (August 13)
  • Brown & Brown of Florida, a subsidiary of Brown & Brown, acquired all the assets of Sudler Insurance Services, which offers employee benefits products and services to customers throughout Florida, Michigan and South Carolina (August 13)
  • NFP announced its acquisition of Dublin-based Aiken Insurances, a retail and commercial insurance broker in Ireland’s specialist sectors (August 2)
Andrea De Bono Director of International, The Council Read More

More in Industry

Another Battle in the War on Non-compete Clauses
Industry Another Battle in the War on Non-compete Clauses
The Federal Trade Commission overstepped its authority with a new rule.
Industry Unifying Voices: Empowering Diversity in Insurance
Five organizations united in April for an extraordinary event to move DEI forwar...
Happy 20th, Leader’s Edge!
Industry Happy 20th, Leader’s Edge!
Here are a few thoughts from the founder on this platinum anniversary.
Louisiana Prioritizes Insurance Reform
Industry Louisiana Prioritizes Insurance Reform
We are taking insurance reform very seriously to address deep-rooted, fundamenta...
Strengthening Crop Insurance
Industry Strengthening Crop Insurance
Eight Republican senators have introduced legislation to hel...
The Leaders We Need, Today and Tomorrow
Industry The Leaders We Need, Today and Tomorrow
The Council is joining with She Should Run to help empower w...