The Hilb Group LLC (THG) has acquired a select book of business of quick-serve restaurant clients with more than 100 locations in New Jersey and New York. These clients will participate in THG’s Alternative Solutions Insurance Company (ASIC) program, which …
Applied Underwriters announced it has completed the acquisition of Concept Special Risks (CSR), a Leeds, England-based managing general agent, after receiving UK regulatory approval. Financial details of the deal, which was first announced in February, were not disclosed. Founded 22 …
California is in such an urgent race with another devastating wildfire season that officials began soliciting local project ideas even before they had money to pay for them. It faces such a threat of drought that the governor said Tuesday …
Organizers of a United Nations summit where world leaders will seek to negotiate an accord for nature akin to the Paris climate agreement want banks and fund managers to play their part in protecting the planet’s biodiversity. Ahead of the …
Insure our Future, the anti-fossil-fuel campaign group, is pressuring Lloyd’s to immediately stop insuring coal and new oil and gas projects that exacerbate climate change. The group has launched a website, which is aimed at “concerned staff at Lloyd’s … …
Even the best laid plans can go awry in a disaster. For example, when Winter Storm Uri plunged into Texas in mid-February with unprecedented extreme low temperatures, and snow and ice that lingered for far too long, even organizations that …
Bermuda-based RenaissanceRe Holdings Ltd. estimated that losses from Winter Storm Uri will have a net negative impact of approximately $180 million on the company’s first quarter 2021 results of operations. Winter Storm Uri was a major wind and ice storm …
Twelve people were still missing on April 14 after six other crew members were pulled from rough seas following the capsizing of their commercial platform vessel during a “microburst” of bad weather off the coast of Louisiana, the U.S. Coast …
Kentucky’s governor stood aside and let a bill become law that protects an array of businesses from coronavirus-related lawsuits. But he warned Monday that the measure is likely to draw a court challenge. The measure, backed by business interests, became …
Florida is moving to permanently close the leaky Piney Point wastewater reservoir that poured millions of gallons of water into Tampa Bay while threatening to burst open and flood nearby homes and businesses, Gov. Ron DeSantis said Tuesday. The Republican …