Global insurance brokerage Hub International Limited has acquired the assets of Davis Trachtenberg Inc. (DTI). Terms of the transaction were not disclosed. Located in Newtown Square, Pennsylvania, DTI is a full-service insurance agency providing clients with commercial and personal insurance. …
The mother of a high school football player who died in New York after a 400-pound log fell on him during a military-style training drill has settled her lawsuit over the teen’s death for a seven-figure sum, according to her …
DARAG, the Malta-based legacy acquirer, announced the acquisition of SunPoint Holdings Ltd. in Bermuda. SunPoint will be integrated into DARAG Bermuda Ltd and will provide DARAG Bermuda with a platform for further expansion. DARAG purchased SunPoint from Fosun International for …
Mosaic, the new Bermuda-based global specialty insurer, announced it has begun underwriting war, terrorism and political violence risks globally out of offices in London and New York. Mosaic will offer tailored coverage for a full spectrum of commercial, industrial and …
Kingman officials say municipal employees aided by Arizona National Guard technology personnel this week continued working to unravel a cyberattack that targeted the northwestern Arizona city’s computer system days earlier. The attack last Friday knocked down the system, with results …
Alaska has sued 21 businesses involved in the poultry industry, claiming the businesses operated a cartel and illegally inflated the price of most chicken sold in the state. The Alaska Department of Law filed a consumer-protection lawsuit late last month …
An Alaska Native cultural organization and the luxury department store Nieman Marcus have settled a lawsuit over the sale of a coat with a copyrighted, geometric design borrowed from Indigenous culture. The Sealaska Heritage Institute said in a statement on …
U.S. commercial insurance prices again grew significantly in the fourth quarter of 2020. Again, except for workers’ compensation. According to Willis Towers Watson’s Commercial Lines Insurance Pricing Survey (CLIPS), prices charged on policies underwritten during the fourth quarter of 2020 …
Swiss Re Corporate Solutions announced a plan to streamline the legal entity structure of its North American business. The changes include establishing Swiss Re Corporate Solutions America Insurance Corp. as its North American flagship insurance carrier. Also, Corporate Solutions pans …
Cannabis is getting big, and now insuring cannabis seems to be a big deal too. The cannabis-focused insurance space can now be counted as part of a larger trend in recently announced business deals in cannabis. One80 Intermediaries announced on …