3 04, 2024

PCF Insurance Acquires Alabama’s MK Insurance Agency

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PCF Insurance Services, a brokerage operating in 40 states, has acquired Hoover, Alabama-based MK Insurance Group, a family owned commercial and personal lines agency in business for six decades. MK Insurance has specialized in insurance coverage for high net-worth individuals, …

3 04, 2024

Palm Beach Elite Are Raising Money to Lure Vanderbilt to Florida

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Wealthy Florida residents and developers are looking to raise at least $300 million for Vanderbilt University to build a sprawling campus in West Palm Beach. Billionaire developer Steve Ross hosted a reception at his Palm Beach mansion on Monday for …

3 04, 2024

Generali Completes Acquisition of Conning and Affiliates From Cathay Life

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Generali announced it has completed the acquisition of Conning Holdings Ltd. (CHL) and Conning affiliates from Cathay Life, a subsidiary of Taiwan’s Cathay Financial Holdings. The deal, which was first announced on July 6, 2023, has been structured as an …

3 04, 2024

Howden to Acquire French Broker OFRACAR

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Howden, the London-based insurance intermediary group, announced it has entered into an agreement to acquire OFRACAR, an independent brokerage group headquartered in Rouen, thereby expanding its geographical footprint and capabilities to clients in north-west France. Financial details of the transaction …

3 04, 2024

­­­­­­­AXA Plans Cyber Risk Prevention Campaign Ahead of Paris Olympics

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AXA SA is planning a campaign to help prevent cyberattacks targeting France in the run-up to the Paris Olympics next summer. The insurer will share key measures with French corporate clients to improve the protection of their information systems, the …

3 04, 2024

People Moves: MS Amlin Promotes Geddes as Head of Reinsurance; Aon’s CFO Davies to Retire in 2025

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This edition of International People Moves details appointments at re/insurer MS Amlin and the broker Aon. A summary of these new hires follows here. MS Amlin Promotes Geddes as Head of Reinsurance MS Amlin, the Lloyd’s re/insurer, announced the promotion …

3 04, 2024

People Moves: Upland Promotes Walas to Chief Underwriting Officer

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Upland Capital Group, Inc., headquartered in Dallas, promoted Kate Walas to chief underwriting officer. Walas joined Upland as senior vice president for the professional liability errors and omissions product line. Before joining Upland, she served as the chief underwriting officer …

3 04, 2024

Multiple Hurt in Texas Crash Caused by High Winds

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MIDLAND, Texas (AP) — Multiple people were hurt Monday in a pileup involving as many as 30 vehicles at an intersection south of Midland, Texas, as high winds blew dust that made visibility difficult, the Texas Department of Public Safety …

3 04, 2024

UK’s Ardonagh Advisory Completes Acquisition of Westfield Brokers

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Ardonagh Advisory, the London-based SME broking platform and part of Ardonagh Group, has completed its acquisition of Westfield Brokers Ltd. Financial details of the deal, which was first announced in December 2023, were not disclosed. Westfield Brokers, which trades under …

3 04, 2024

Illinois Hog Farm Sued for Gender Identity Discrimination

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Sis-Bro, Inc., a hog farm in New Athens, Illinois, violated federal law when it allowed an employee to be harassed because of her sex and gender identity, forcing her to quit, the U.S. Equal Employment Opportunity Commission (EEOC) charged in …