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 …
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, …
A Northern California county has agreed to pay nearly $10 million to settle a lawsuit by a Silicon Valley software engineer who was having a mental health crisis when a deputy shot him, paralyzing him from the waist down. Placer …
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 …
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 …
The captain of a scuba diving boat that caught fire and sank off the coast of California last year, killing 34 people who were trapped below deck, was indicted Tuesday on federal manslaughter charges for one of the deadliest maritime …
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 …