Acies MGU Launches Ports & Terminals MGA TEDmar International Acies MGU, the managing general underwriter and Lloyd’s coverholder, announced the launch of TEDmar International, a managing general agent that specializes in ports & terminals (P&T), led by marine market experts, …
Third Wave Insurance, an insurance brokerage platform managed by TPG, has entered into definitive agreements to acquire five insurance and advisory agencies across Louisiana, Mississippi and Florida. The acquisitions include Massad Olinde, a Baton Rouge-based employee benefits and retirement advisory …
Analog Devices Inc. is assessing a new claim by a group of hackers who say they’ve stolen hundreds files containing information on customers of the computer chips maker. A hacking group known as ExfilSquad has claimed to have breached Analog …
The Ventura County District Attorney’s Office was awarded $898,840 from to investigate prosecute workers’ compensation fraud for the fiscal year. The grant, awarded through the California Department of Insurance, funds the DA’S Workers’ Compensation Fraud Unit. The unit includes prosecutors, …
Relation Insurance Services announced their acquisition of the assets of Mid-State Insurance. The transaction went into effect on March 31, 2026; terms of the transaction were not disclosed. Founded in 1986 as an independent life and health agency in Milwaukee’s …
First responders searched homes and buildings on Tuesday for possible victims, a day after a powerful tornado touched down in northeastern Wisconsin, hollowing out homes and toppling power lines as it remained on the ground for more than 20 minutes. …
About 900,000 current and former Origin Energy Ltd. customers had their data accessed in a security breach, the latest in a string of cyberattacks on major Australian companies and essential-service providers. It began examining a possible threat in early July, …
A 7.1-magnitude earthquake hit Japan’s southern Kumamoto prefecture on Tuesday, knocking out power to thousands of homes, rupturing roads and leaving some trapped and others presumed dead inside a partially collapsed shopping mall. Speaking to reporters at her office in …
Ratings analysts at AM Best see the pending acquisition of Safety Insurance Group by Mapfre as “strategically compelling” as both companies have complementary geographic and product profiles. Last week Safety, a property/casualty insurer in Massachusetts and New England, announced it …
Formula 1 parent company Liberty Media, which also promotes the Las Vegas Grand Prix, has agreed to a settlement of about $3 million to end a class-action lawsuit brought by spectators regarding the inaugural 2023 race. The opening-night practice session …