Hellman & Friedman is looking to raise at least $1 billion in equity from investors for Hub International Ltd., in a potential deal valuing the insurance brokerage at $30 billion, according to people familiar with the matter. The private equity …
Tropical Cyclone Jude made landfall on Mozambique’s northeastern coast in the early hours of Monday, bringing damaging winds and torrential rain near the nation’s main coal export terminal. The storm strengthened to the equivalent of a category 1 hurricane with …
Wholesale & Specialty Insurance Association (WSIA) members elected Phillip McCrorie to serve as 2025-2026 WSIA Chair. McCrorie serves as CEO and chairman of RSUI. He joined the WSIA Board in 2021 and the executive committee in 2024. Others elected for …
Belgian insurer Ageas has retained advisers to explore a bid for British motor and home insurer esure, four people familiar with the matter told Reuters, as part of plans to consolidate the UK personal lines market. Germany’s Allianz has also …
Zolve raised $251 million in its latest equity and debt financing round, the neo bank said on Tuesday, led by Indian private equity firm Creaegis, an existing investor, with participation from names like HSBC and SBI Investment. The latest funding, …
Alera Group, headquartered in Deerfield, Illinois, appointed Talicia Bashford as managing director of the Midwest region. Bashford will lead the growth of Alera Group’s capabilities and market share across the Midwest. She will focus on collaboration across offices, regions and …
This edition of International People Moves details appointments at the brokers Marsh and Specialist Risk Group (SRG). A summary of these new hires follows here. Marsh Promotes George as President of Marsh Specialty Insurance broker Marsh announced the appointment of …
Four Wisconsin voters whose ballots were not counted in the November presidential election initiated a class-action lawsuit Thursday seeking $175,000 in damages each. The voters were among 193 in Madison whose ballots were misplaced by the city clerk and not …
The Justice Department on Friday celebrated its decision to drop a federal lawsuit against a Louisiana petrochemical plant accused of worsening cancer risks for residents in a majority-Black community, saying the dismissal showed that officials are “delivering on President (Donald) …
Texas First Insurance announced the promotions of Jerry Blystone to Chief Executive Officer and Bryan Burkhart to President. Having celebrated 100 years in business earlier this year, these promotions position the independent insurance agency for continued growth and success over …