Optio, the London-based MGA that comprises Ascent Underwriting, Cove Programs and broker Bay Risk Services, announced it has acquired specialist political-violence and terrorism MGA Newbridge Risk Partners from Castel Underwriting Agencies Ltd., the club-style MGA formation platform. Financial details of …
At least 42 people have died from the New Year’s Day flooding in Indonesia, and hundreds of thousands were evacuated, as the greater Jakarta area suffered the most intense rain in 24 years. More than 400,000 people, mostly from Bekasi, …
W. R. Berkley Corp. has appointed Dennis J. Levesque as president of its Preferred Employers Insurance subsidiary, a California specialty workers’ compensation writer. He succeeds Steven A. Gallacher, who has been appointed chairman of Preferred Employers Insurance. The appointments are …
NFP, the New York City-based insurance broker and consultant, announced leadership changes throughout Canada to support its growth in the region. Greg Padovani will serve as president of NFP in Canada. He joined NFP in 2017 at the commencement of …
A Maryland man has died after a construction accident in northern Virginia. Nelson Aguilar-Salamanca, 55, was working for a subcontractor on a construction site near the new Capital One headquarters in McLean, Fairfax County police said. Around 7:30 a.m., he …
The Northern United Agents Alliance (NUAA) has announced that The Davis Agency joined the NUAA as a participating member. The Davis Agency, located in Concord, N.H., is a full-service agency founded in 2019 by Andy Davis. The team of agents …
Arthur J. Gallagher & Co. has acquired Huntington, N.Y.-based Walsdorf Agency Inc. Terms of the transaction were not disclosed. Founded in 1926, Walsdorf Agency is a third generation, family owned commercial and personal lines insurance agency with real estate niche …
ISU Insurance Agency Network, a national network of independent insurance agencies, has added Tracy Blumberg as vice president and relationship manager for ISU’s Northeast Region. Blumberg has been in the insurance industry since 1982, spending her insurance carrier for the …
An earthquake under the ocean gave an early wake-up jolt to some Southern California residents Thursday morning, U.S. Geological Survey confirmed. The magnitude 4 temblor occurred at 2:13 a.m. near the Channel Islands, west of the Los Angeles region. The …
The National Highway Traffic Safety Administration is investigating the crash of a speeding Tesla that killed two people in a Los Angeles suburb, the agency announced Tuesday. Agency spokesman Sean Rushton wouldn’t say whether the Tesla Model S was on …