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4 12, 2020

Arthur J. Gallagher & Co. Acquires North Star Insurance Services, North Star Marine

By | December 4th, 2020|Uncategorized|Comments Off on Arthur J. Gallagher & Co. Acquires North Star Insurance Services, North Star Marine

Arthur J. Gallagher & Co. has acquired Seattle-based North Star Insurance Services LLC and Fairhaven, Mass.-based North Star Marine Insurance Services LLC. Terms of the transaction were not disclosed. Founded in 2001, North Star Insurance Services is a full-service marine …

4 12, 2020

World Insurance Associates Acquires Virginia’s Tucker Insurance Service

By | December 4th, 2020|Uncategorized|Comments Off on World Insurance Associates Acquires Virginia’s Tucker Insurance Service

World Insurance Associates LLC (WIA) has acquired Tucker Insurance Service Inc. of Falls Church, Va., on November 1, 2020. Terms of the transaction were not disclosed. Tucker was established in 1961. It is a full-service insurance agency committed to providing …

4 12, 2020

Wind Whip up Wildfire in California Canyons, Residents Flee

By | December 4th, 2020|Uncategorized|Comments Off on Wind Whip up Wildfire in California Canyons, Residents Flee

Powerful gusts pushed flames from a wildfire through Southern California canyons on Thursday, one of several blazes that burned near homes and forced residents to flee amid elevated fire risk for most of the region that prompted utilities to cut …

3 12, 2020

Capco Acquires Connecticut-Based Insurance Consultancy Firm NEOS

By | December 3rd, 2020|Uncategorized|Comments Off on Capco Acquires Connecticut-Based Insurance Consultancy Firm NEOS

Capco, a global management and technology consultancy, has acquired NEOS LLC, a Hartford, Conn.-based consultancy focused on helping insurance organizations drive transformational change. The transaction will complement and extend Capco’s insurance services. NEOS’s leadership team, including Founder and Managing Partner …

3 12, 2020

NFP Hires Franznick to P&C Division as Senior Vice President

By | December 3rd, 2020|Uncategorized|Comments Off on NFP Hires Franznick to P&C Division as Senior Vice President

NFP, an insurance broker and consultant that provides property and casualty, corporate benefits, retirement and individual solutions, has hired Jonathan Franznick to its P&C division as a senior vice president. In this role, Franznick will lead claims advocacy for NFP’s …

3 12, 2020

Philadelphia Hunger Group Loses Nearly $1M in Cyberattack

By | December 3rd, 2020|Uncategorized|Comments Off on Philadelphia Hunger Group Loses Nearly $1M in Cyberattack

The Philadelphia region’s largest hunger-relief group has lost nearly $1 million in a cyberattack. Thieves infiltrated the group’s computer systems in the spring through a phishing scam, Philabundance chief executive Loree Jones told The Philadelphia Inquirer. Jones said they managed …

3 12, 2020

New Re/Insurer ‘Vantage Risk’ Launches, Led by Former Arch, AXA XL Executives

By | December 3rd, 2020|Uncategorized|Comments Off on New Re/Insurer ‘Vantage Risk’ Launches, Led by Former Arch, AXA XL Executives

A new re/insurance group, called Vantage Group Holdings Ltd., has launched with $1 billion of equity capital, provided by private equity firms The Carlyle Group and Hellman & Friedman (H&F) as well as management. The company’s CEO is Greg Hendrick, …

3 12, 2020

Wyoming Teen Centers Sued over Alleged Abuse

By | December 3rd, 2020|Uncategorized|Comments Off on Wyoming Teen Centers Sued over Alleged Abuse

A lawsuit filed by 25 former residents of two Wyoming teen centers accuses the facilities of human trafficking and abuse. The complaint alleges Trinity Teen Solutions and Triangle Cross Boys Ranch of Clark profited from unpaid labor and the abusive …

3 12, 2020

2 Moderate Quakes Confirmed Around Aleutian Communities in Alaska

By | December 3rd, 2020|Uncategorized|Comments Off on 2 Moderate Quakes Confirmed Around Aleutian Communities in Alaska

Two sizable earthquakes in the North Pacific on Tuesday shook several communities in the Aleutian Islands of Alaska but there were no immediate reports of damage, the Alaska Earthquake Center confirmed. The center reported a magnitude 6.3 earthquake was recorded …

2 12, 2020

Lockton Adds 3 Managing Directors from Aon to Its Transaction Liability Practice

By | December 2nd, 2020|Uncategorized|Comments Off on Lockton Adds 3 Managing Directors from Aon to Its Transaction Liability Practice

Global insurance broker Lockton reports that three transaction liability advisors from Aon — Joshua Halpern, Gaurav Sud and Eric Ziff — have joined the firm to lead its mergers and acquisition (M&A) consulting offering. The company said these three professionals …