Ryan Specialty, the Chicago-based specialty insurance services firm, announced it is in final discussions to acquire Innovisk Capital Partners from Abry Partners and BHMS Investments LP. As a result of the acquisition, Innovisk would become a part of Ryan Specialty …
Ardonagh Advisory announced it has agreed to acquire Rowett Insurance Broking Ltd. in the UK. Rowett specializes in commercial, and personal insurance from its offices in St. Austell and Plymouth, England. Its subsidiary company, AGRi Insurance Facilities Ltd., specializes in …
IQUW, the London-based property and specialty re/insurer, has announced that its financial institutions (FI) product, FortiFI, has launched new wording for the Australian insurance market. Launched in the US earlier this year, FortiFI is one of the only fully end-to-end …
The Singaporean corporations that owned and operated the cargo ship Dali have agreed to pay $101,980,000 to resolve a civil claim brought by the United States for costs related to the response to the catastrophic collapse of Baltimore’s Francis Scott …
The owner of a Fresno, California-based for-profit vocational school was charged with engaging in fraudulent billing practices related to workers’ compensation. Paul Steve Ramirez, 59, was charged with 11 felony counts, including insurance fraud. The fraudulent insurance claims could reach …
MONTGOMERY, Ala. (AP) — A judge has appointed a mediator in the long-running dispute over who gets licenses to grow and sell medical marijuana in Alabama. Montgomery Circuit Judge James Anderson named retired Circuit Judge Eugene Reese to act as …
As the third-fastest growing company on a list of the world’s top 50 largest insurance companies, State Farm Mutual Automobile Insurance Co. continued to rank No. 1, according to research S&P Global Market Intelligence. State Farm recorded nearly $87.6 billion …
H.W. Kaufman Group Names Kaufman and Kaufman Davis to Newly Established Co-President Role H.W. Kaufman Group, headquartered in Farmington Hills, Michigan, named Danny Kaufman and Jodie Kaufman Davis as co-presidents. The newly created positions establish distinct leadership responsibilities across Kaufman’s …
Alcohol-fueled company events could become a thing of the past, as UK employers consider new rules that place an onus on firms to protect workers from sexual harassment or risk hefty damages claims. Under a new law, companies will have …
Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced the acquisition of London-based Redington Ltd. Terms of the transaction were not disclosed. Redington is an investment consulting firm providing comprehensive investment, research and technology services to pension funds, …