The Travelers Companies has agreed to acquire InsuraMatch, a national digital independent insurance agency, from the Plymouth Rock Group of Companies. The transaction is expected to close in the first quarter of 2021 after regulatory approvals. Terms were not disclosed. …
BMS Group, the independent specialist re/insurance broker, announced its Spanish subsidiary, BMS Mediación Iberia Correduría de Seguros y Reaseguros, S.L.U. (BMS Iberia), has acquired Montymarq Asociados Consultores y Corredores de Seguros, S.L., the Spanish specialist insurance broker. The consideration for …
This is the last week to submit for Insurance Journal’s Charity Issue. This annual special issue of Insurance Journal’s print magazine highlights some of the many charitable tales in insurance. Share your firm’s story on how you support the community. …
New Jersey-based World Insurance Associates LLC (WIA) has acquired Insurance Solution Network LLC (ISN) of Villa Park, Ill. Terms of the Nov. 1 transaction were not disclosed. ISN, led by President Daniel Berlin, has been serving the Chicago area for …
A Kansas City-area nursing home has agreed to settle a lawsuit alleging it paid female nurses less than male nurses, federal authorities say. The U.S. Equal Employment Opportunity Commission (EEOC) reported that Edgewood Manor OPCO LLC, a former owner of …
Waymo plans to open a new testing site in Ohio for its driverless autonomous vehicles that will focus on dense, urban areas, the company has said. The new site being built at the Transportation Research Center near Columbus will allow …
Wisconsin-based Sentry Insurance (Sentry) has gained approval from the Oklahoma Insurance Department to submit its Insurance Business Transfer (IBT) Plan to the District Court of Oklahoma County. This is the second IBT approved by an insurance commissioner in the United …
COLOMBO – Sri Lanka evacuated 75,000 people from homes on the east coast, where Tropical Cyclone Burevi, packing winds of 80 kph to 90 kph (50 mph to 56 mph) is expected to hit the island nation late on Wednesday. …
A former Tesla Inc. factory employee will pay Elon Musk’s electric car maker $400,000 after it accused him of tipping reporters about alleged production inefficiencies and delays, a court filing shows. The payment by Martin Tripp, a former process technician …
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 …