Hub announced that it has acquired the assets of Lindenwood Agency, Inc. Terms of the transaction were not disclosed. Located in St. Charles, Missouri, Lindenwood Agency is one of the largest independent insurance agencies in St. Charles and has been …
Winter Storm Éowyn is gathering strength, supercharged by the Arctic blast that moved through the US, and has the potential to trigger power outages and travel disruptions across the UK later this week. Authorities have expanded warnings, forecasting the storm …
The rise of artificial intelligence, the digitization of the economy and everyday life’s growing computing needs have turbocharged the expansion of data centers, driving up a surge in electricity demand in Texas and across the country. Texas’ main grid operator …
Uber Technologies Inc. is pouring millions of dollars into a national ad campaign to push for reforms in insurance policies that it says have been exploited by personal injury lawyers and contribute to higher ride prices. The San Francisco-based rideshare …
Howden, one of the world’s largest closely held insurance brokers, is in talks to acquire Risk Strategies, according to people with knowledge of the matter. The talks to acquire Risk Strategies, which is ultimately backed by private equity firm Kelso …
Indian authorities have ordered British insurer Aviva’s local unit to pay $7.5 million in back taxes and penalties after an investigation found it created fake invoices to pay illegal commissions and claimed incorrect tax credits, an order shows. The tax …
Brazilian insurance group Porto Seguro is in talks with private equity funds to possibly sell a minority stake in its health business, with discussions focusing on the strategic advantages of potential partners and valuation, two people familiar with the talks …
California Insurance Commissioner Ricardo Lara and a group of state lawmakers are pushing a 10-bill legislative package designed to improve disaster preparedness and help protect wildfire survivors. The bills intended focus are on consumer protection, climate resiliency and market strength. …
Forth quarter 2024 net income at W.R. Berkley Corp. jumped 45% compared to a year ago to about $576 million. For the year, the Greenwich, Connecticut-based commercial insurer said it booked record income of about $1.8 billion compared to about …
Pen Underwriting, the London-based managing general agent, announced a simplified divisional structure to bring together core commercial underwriting capabilities and expertise across the UK and Ireland. Under the central leadership of Sarah Breslin as managing director of the new Commercial …