AmWINS Group Inc., a global distributor of specialty insurance products and services, announced it has signed a definitive agreement to acquire International Specialty Brokers Ltd. (ISBL), a Bermuda-based P&C wholesale insurance and reinsurance broker. Terms of the transaction were not …
Auto fatalities are up in Wisconsin despite there being fewer people on the road due to the coronavirus pandemic, a report released on Dec. 1 by the Wisconsin Policy Forum found. The report examined state crash data from March 14 …
Exchange operator Nasdaq has proposed new rules for listed companies around board diversity and disclosure. According to a filing with the Securities and Exchange Commission (SEC), the new listing rules, approved by Nasdaq directors on Nov. 5, would require all …
Alera Group, an insurance firm headquartered in Deerfield, Mich., has acquired Lighthouse Group, an independent insurance agency with eight locations through Michigan. The acquisition was effective Dec. 1, 2020. Lighthouse Group provides employee benefits and property/casualty insurance products and services. …
Berkshire Hathaway Specialty Insurance (BHSI) announced it is expanding its capabilities in Europe to underwrite downstream energy property insurance and has named Tom Macfarlane to lead this business segment. “This is a significant step in continued build-out of our overall …
Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Heritage Insurance Service, Inc., an independent agency in Louisville, Ky. Terms of the acquisition were not disclosed. Heritage has been serving companies and individuals since …
insurance consulting and technology firm Xceedance announced the expansion of its global actuarial and analytics services practice, led by Matthew Duke, senior vice president and chief actuary. Duke brings 15 years of experience in actuarial and analytics disciplines. Prior to …
Port officials have begun clearing a shipping channel in Louisiana after sediments pushed into the waterway by hurricanes made the water too shallow for some vessels to pass safely. The work on Port Fourchon’s Belle Pass in Lafourche Parish began …
Cincinnati, Ohio-based Core Specialty Insurance Holdings Inc. (Core Specialty) has completed its recapitalization of StarStone U.S. Holdings Inc. (StarStone U.S.) and named Jeff Consolino as president and CEO. In a media release, the company said the recapitalization was led by …
Judy Hein, 71, of Oxnard, Calif., was arraigned on five felony counts of insurance fraud after allegedly underreporting payroll for her Simi Valley roofing business by over $4 million, resulting in more than a $2 million loss to the State …