Arch Capital Group Ltd., which had been reported to be pursuing a deal, has agreed acquire all the common shares of Watford Holdings Ltd. in an all-cash transaction valued at approximately $622 million, or $31.10 per share. Following closing, which …
A western Michigan company faces a $115,000 fine as part of a proposed consent order with the state over safety concerns tied to the use of a chemical used to make chlorine tablets for swimming pools. Kassouni Manufacturing in Belding …
Two people suffered minor injuries when a small airplane used to spot fires flipped over onto its roof at a Massachusetts airport, authorities say. The single-engine aircraft was landing at Plymouth Municipal Airport at about 3:30 p.m. Thursday afternoon when …
A coalition of business advocacy and local government groups have renewed calls for reform to a New York law that has been on the books since the late 1800s. New York State Labor Law sections 240/241, known as the Scaffold …
Britain’s full exit from the European Union could be bumpy for investors as banks staff new hubs in the bloc, but there are few threats to wider financial stability, the Bank of England said on Thursday. Britain left the EU …
Oil and gas workers withdrew en masse from U.S. offshore production facilities and onshore refineries began preparations on Wednesday as Hurricane Delta was forecast to grow into a powerful storm over the Caribbean on its way to the Gulf of …
As October’s National Cybersecurity Awareness Month is underway, New Jersey Attorney General Gurbir S. Grewal warned residents of the state that data breaches, internet fraud and online threats are on the rise. With New Jersey residents facing a rise in …
“The insurance buying public wants to know that insurance is going to be available and affordable to them when they need it.” That was the take-home message from Washington Insurance Commissioner Mike Kreidler, who hosted a half-day virtual summit on …
Lufax Holding Ltd., one of China’s largest online wealth management platforms, on Wednesday filed to list its shares in the United States, the latest company looking to take advantage of a rebound in capital markets. Lufax, backed by financial giant …
Markel Corp. said it is creating one center for all of its global property catastrophe (CAT) reinsurance business by closing its Markel Global Reinsurance property CAT unit and having Nephila become Markel’s single point of entry for serving the property …