Twenty years before the Titanic changed maritime history, another ship touted as the next great technological feat set sail on the Great Lakes. The Western Reserve was one of the first all-steel cargo ships to traverse the lakes. Built to …
A group led by Stephen Miller, President Donald Trump’s deputy chief of staff, is claiming victory after it got a commitment from Texas Tech’s medical school not to consider race in admission decisions, which the school continues to deny ever …
Keystone Agency Partners, an insurance agency partnership platform, announced the acquisition of Ascent Insurance Group, a prominent Oklahoma-based insurance agency. The deal also includes Cole, Paine & Carlin Insurance Agency, Inc., which will join Ascent Insurance Group. Aaron Bogie, who …
Two more arrests have been made in connection with the death of a 20-year-old Southern University student who was repeatedly punched during an off-campus fraternity hazing ritual, Baton Rouge police announced. Kyle Thurman, 25, and Isaiah Smith, 28, have been …
California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% interim rate hike, the California Department of Insurance announced on Friday. The approval is on the provision that the company can justify the hike with data in …
Liberty Specialty Markets (LSM), a division of the US Liberty Mutual Group, and Baobab Insurance, a digital underwriter of technical risks, are offering a new joint e-crime insurance product for small and medium-sized enterprises (SME) in Germany and Austria. LSM …
Chicago-based Hub International, an insurance broker and financial services firm with offices across North America, has acquired another agency in the Southeast. Hub announced that it has acquired the assets of C&L Marine Insurance, based in Boca Raton, Florida. President …
“Fire took everything, please help.” The headline was one of hundreds like it on GoFundMe campaigns that launched even as the embers of the fires in the Pacific Palisades and Altadena were still smoldering. They were a grim reminder that …
Private credit’s rush to attract money from retail investors is making the sector more vulnerable to the kind of liquidity mismatches found in traditional lenders, the Bank for International Settlements warned in a report on Tuesday. Direct lenders usually provide …
Hellman & Friedman is looking to raise at least $1 billion in equity from investors for Hub International Ltd., in a potential deal valuing the insurance brokerage at $30 billion, according to people familiar with the matter. The private equity …