Specialist Risk Group (SRG), a London-based specialist insurance broker, announced it has acquired KBIS British Equestrian Insurance, a well-established broker within the equestrian market. Financial details of the transaction were not disclosed. Purchased by Guy and Liz Prest in 1991, …
South African medical-insurance companies, business organizations and the government are developing a program in which the private sector will help fund COVID-19 vaccines for people not covered by insurance. Legislation has been amended to allow the companies to fund shots …
An appellate court in Florida has upheld the right of policyholders to assign their right to collect benefits from an insurance claim to contractors, reversing trial court rulings in favor of insurers. The Florida 3rd District Court of Appeals ruled …
Spending her life in Los Angeles, Morgan Andersen knows natural disasters all too well. In college, an earthquake shook her home hard. Her grandfather was affected by recent wildfires in neighboring Orange County. “It’s just that constant reminder, `Oh yeah, …
Lava spattered and flowed over the weekend inside the crater of a Hawaii volcano that began erupting in December. The Hawaiian Volcano Observatory said the lava is confined to the summit crater of Kilauea, the Honolulu Star-Advertiser reported. The eruption …
A Delaware judge ruled this week that former Viacom shareholders may pursue a lawsuit accusing Shari Redstone of engineering a “patently unfair” merger that created ViacomCBS Inc. so she could become a media magnate like her late father, Sumner Redstone. …
A Kentucky judge has ruled that a lawsuit seeking refunds for University of Kentucky students who had to vacate campus because of the COVID-19 pandemic could continue, the Lexington Herald-Leader reported. Franklin County Circuit Court Judge Phillip Shepherd ruled last …
Dallas-based National Lloyds Insurance Co. (National Lloyds), a subsidiary of ReAlign Insurance Holdings Inc. (ReAlign), has rebranded as National Summit Insurance Co. (National Summit). The rebranding follows the completion of all regulatory approvals leading to the conversion of National Lloyds …
Since it was first announced in March, the proposed Aon-Willis merger became the leading merger and non-merger insurance story of the entire year. But there were also other proposed and completed transactions that caught the eyes of Insurance Journal’s international …
The top M&A story of 2020 was a global story that captured more readers in every geographic region than any other. Since it was first announced in March, the proposed Aon-Willis merger remained the leading merger and non-merger insurance story …