Hallmark Financial Services Inc., a property/casualty insurance company with three business segments – Specialty Commercial, Standard Commercial and Personal – plans to pursue an initial public offering of a non-controlling ownership stake in the core businesses within the Specialty Commercial …
McDonald’s Corp said on Wednesday it will require new training and policies to combat harassment, discrimination and violence at its 39,000 restaurants worldwide, calling for safer work places after it faced lawsuits by some female employees. The burger chain said …
Lloyd’s announced the next 11 insurtech start-ups that are participating in the sixth cohort of its Lloyd’s Lab innovation accelerator program. These insurtechs will be focused on creating simpler products for customers, including building solutions related to climate risks. This …
Hub International Limited, a full-service global insurance broker, has acquired IBG Financial Partners LLC. Terms of the transaction were not disclosed. Located in Foxborough, Massachusetts, IBG is a team of retirement plan consultants that provides fiduciary and retirement plan consulting …
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 …