The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up sharply from recent years – and much of that is from severe thunderstorms, winter storms, wildfires and floods, not large …
Skyward Specialty Insurance Group said it has a definitive agreement with the majority sellers to acquire 100% of Apollo Group Holdings Limited from private equity firm Alchemy for a total of $555 million in a mix of cash and shares …
Bain Capital, the private investment firm, announced it has signed a definitive agreement to acquire Jensten Group, the UK-based commercial insurance distribution platform, from Livingbridge, a UK mid-market private equity investor. The investment is being made by the dedicated insurance …
On the Ohio River in Wood County, officials are clearing hurdles to prepare sites for new businesses. Two locations, 70 acres of farmland and a sprawling industrial park, are set to become suitable for development, thanks to the first $150,000 …
Twenty years after Hurricane Katrina swamped parts of Louisiana and Mississippi, the property insurance sector is better prepared for another catastrophic storm and the litigation that may follow, according to industry leaders. They point to tighter insurance policy language and …
Following a massive fire on Friday at an automotive lubricant plant in southeast Louisiana, residents are reporting soot on cars and oily residue in nearby bodies of water. But Gov. Jeff Landry said that there is no indication of an …
A serial arsonist in Lavaca County, Texas pleaded guilty to one count of felony vehicle arson and admitted to starting six hay bale fires dating to 2024, the Texas Department of Insurance announced this week. The Hallettsville Police Department arrested …
Amid stacked rows of brightly colored plastic kayaks and canoes, Khrystal Crosno recently helped an Ann Arbor family begin a floating trip along the scenic AuTrain River. The Earl family should spot turtles, herons and river otters during the 7-mile …
Robb Rynd and his brother grew up farming and wanted to do more of it outside their day jobs, so they went in together on what’s now a little over 200 acres of corn, soybeans, wheat and sorghum. Last year …
An unusually broad coalition composed of the United States, its traditional English-speaking allies, and other nations including Germany, Italy and Japan is calling out three Chinese companies over alleged hacking activity. In a 37-page advisory published on Wednesday, the countries …