US-based auto and personal lines distributor Confie has acquired Houston, Texas-based TGS Insurance Agency, a provider specialising in standard personal lines insurance. The deal was closed earlier this month and its financial terms have not been disclosed. The acquisition is intended to expand InsureOne’s capabilities as a national platform for standard personal lines and small commercial customers. InsureOne was formed in 2019 through the consolidation of Confie’s standard personal lines and commerci ...

AndreyPopov/iStock via Getty Images Private auto insurers in the US continued to benefit from earned-in rate increases in the second quarter and again pushed premiums to record levels. Direct premiums written (DPW) came in at $90.34 billion, the highest second-quarter total on record, according ...