MagMutual Insurance Co. and MDAdvantage Holdings Inc. have reached an agreement for MagMutual, headquartered in Atlanta, to acquire MDAdvantage Insurance Co., based in New Jersey. MDAdvantage, according to AM Best, is one of the top three providers of medical professional …
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced last week that Francis Hall, the former co-owner of Bill Hall Jr. Trucking turned herself into Bexar County authorities. There had been a warrant out for Hall’s arrest since …
U.S. traffic deaths jumped about 7% in the first three months of 2022 to 9,560, the highest number of people killed on American roads in a quarterly period since 2002, regulators said on Wednesday in a preliminary estimate. Traffic deaths …
Gov. Gretchen Whitmer has declared a state of emergency for four southeastern Michigan counties following a water main break that led to a boil-water advisory for several communities. Whitmer issued the emergency declaration Sunday for Lapeer, Macomb, Oakland, and St. …
Lloyd’s announced it has received regulatory approval to set up a second protected cell company (PCC), which aims to enhance market accessibility for investors – a key deliverable of the Future at Lloyd’s project. Lloyd’s previously announced a number of …
Quotech, the insurtech that creates data-taming systems for specialty insurers, brokers, and MGAs, has raised £1 million from a number of angel investors and Convex Group Ltd., the international specialty insurer and reinsurer. Proceeds from the funding round will be …
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, announced the acquisition of Another Day Ltd. Terms of the transaction were not disclosed. Founded in 2016, AnotherDay is a London-based risk management consultancy that helps organizations across 90 …
Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turkey and Ukraine said, taking the total to ten since the first ship sailed last week under a deal with Russia to unblock Ukrainian grain …
Water levels on the Rhine in Germany fell again during hot dry weather over the weekend and cargo vessels cannot sail fully loaded, vessel brokers and commodity traders said on Monday. Shallow water is causing problems for shipping on the …
In the latest in the back-and-forth court filings between Arthur J. Gallagher and Alliant Insurance Services, Gallagher said its competitor is putting on a “masterclass in deflection” to prevent the court from granting a restraining order against Alliant. Late last …