CEO David Solomon said conditions going to “tighten meaningfully from here” as Fed has made clear it's going to raise path target for interest rates.
Insurers are pulling back from California’s auto insurance market and have allegedly sought to become “invisible”.
More than half of respondents agree insurance offerings would increase company value and boost customer relationships.
The number of mergers and acquisitions involving insurance agents and brokers fell to 555 in the first nine months of 2022, down 14%.