14 05, 2024

Governor Signs Strengthen Oklahoma Homes Act Into Law

By | May 14th, 2024|Uncategorized|Comments Off on Governor Signs Strengthen Oklahoma Homes Act Into Law

Oklahoma Governor Kevin Stitt has signed into law Monday a bill, which aims to provide financial grants to construct or retrofit homes, making them more resilient against the destructive forces of tornadoes, windstorms and hail. Under the new law, known …

10 05, 2024

Inszone Acquires Texas’ Brazos Valley Insurance Agency

By | May 10th, 2024|Uncategorized|Comments Off on Inszone Acquires Texas’ Brazos Valley Insurance Agency

Inszone Insurance Services announced its 15th acquisition in the state of Texas with the successful integration of Brazos Valley Insurance Agency. The move further solidifies Inszone’s commitment to enhancing its presence in the Texas market and marks another significant milestone …

14 05, 2024

Markets/Coverages: WTW Launches Facility for Cargo and War-on-Land Risks in Ukraine

By | May 14th, 2024|Uncategorized|Comments Off on Markets/Coverages: WTW Launches Facility for Cargo and War-on-Land Risks in Ukraine

Insurance broker WTW announced a partnership with Ukrainian insurer, VUSO, to provide a London-market-backed facility covering cargo and, crucially, war-on-land risks. This exclusive facility – which WTW describes as a market first – provides prearranged war insurance capacity, offers much …

13 05, 2024

Suspected Pirate Attack in Gulf of Aden Raises Concerns About Growing Somali Piracy

By | May 13th, 2024|Uncategorized|Comments Off on Suspected Pirate Attack in Gulf of Aden Raises Concerns About Growing Somali Piracy

A European naval force detained six suspected pirates on Friday after they opened fire on an oil tanker traveling through the Gulf of Aden, officials said, likely part of a growing number of piracy attacks emanating from Somalia. The attack …

15 05, 2024

Ardonagh Specialty Rebrands Reinsurance Business as ‘Price Forbes Re’

By | May 15th, 2024|Uncategorized|Comments Off on Ardonagh Specialty Rebrands Reinsurance Business as ‘Price Forbes Re’

Ardonagh Specialty announced it is naming its reinsurance business Price Forbes Re. The renaming of Inver Re in London and Bermuda and Equinox Re in the US follows the simplification of Ardonagh Specialty’s multiple brands in 2023, with Price Forbes …

14 05, 2024

Everest Insurance Launches in Australia, Expanding Its Asia-Pacific Business

By | May 14th, 2024|Uncategorized|Comments Off on Everest Insurance Launches in Australia, Expanding Its Asia-Pacific Business

Everest launched its Australian Insurance operations after receiving approval from the Australian Prudential Regulation Authority. The business will operate under the name Everest Insurance Australia with offices in Sydney and Melbourne. Christian Colombera, managing director, Australia and head of the …

15 05, 2024

Advocates Demand Investigation into Missouri Boarding School Abuse Allegations

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ST. LOUIS (AP) — Advocates for victims of abuse at Missouri boarding schools on Monday urged the state’s attorney general to launch an investigation, work with local prosecutors and take other steps aimed at stemming the tide of abuse. Three …

9 05, 2024

Hub International Acquires Certain Assets of Canada’s 2197747 Alberta Ltd.

By | May 9th, 2024|Uncategorized|Comments Off on Hub International Acquires Certain Assets of Canada’s 2197747 Alberta Ltd.

Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced the acquisition of certain assets from 2197747 Alberta Ltd., which is in turn partially owned by Carianne O’Connor. Terms of the transaction were not disclosed. Located in Edmonton, …

10 05, 2024

Wisconsin Wedding Barns Sue Over State’s New Liquor Law Requiring Licensing

By | May 10th, 2024|Uncategorized|Comments Off on Wisconsin Wedding Barns Sue Over State’s New Liquor Law Requiring Licensing

MADISON, Wis. (AP) — A pair of Wisconsin wedding barns sued the state Tuesday seeking to block enactment of a new law that requires them to get liquor licenses similar to other establishments that host events. Owners and operators of …

14 05, 2024

EU Countries Approve Law to Slash Trucks’ CO2 Emissions

By | May 14th, 2024|Uncategorized|Comments Off on EU Countries Approve Law to Slash Trucks’ CO2 Emissions

European Union countries gave their final approval on Monday to a law to cut carbon dioxide emissions from trucks, which will require most new heavy-duty vehicles sold in the EU from 2040 to be emissions-free. The law will enforce a …