White Mountains Insurance Group, Ltd. announced today that Ark Insurance Holdings Limited, its specialty property/casualty reinsurance and insurance subsidiary, has sponsored the formation of a reinsurance sidecar to provide collateralized reinsurance capacity for its global property catastrophe portfolio. Outrigger Re …
The upstate New York city of Buffalo on Tuesday filed a lawsuit in state court accusing major gun manufacturers of fueling violence through irresponsible marketing and sales practices. Defendants in the lawsuit include Smith & Wesson Brands Inc., Beretta USA …
Arthur J. Gallagher & Co. announced the acquisition of São Paulo, Brazil-based Interbrok Group. Financial terms of the deal were not disclosed. In a media statement, J. Patrick Gallagher, Jr., chairman, president and chief executive officer of Arthur J. Gallagher, …
Higginbotham has acquired TrustStar Insurance Services, Inc., an independent property/casualty insurance agency serving businesses and individuals in Universal City, Texas, TrustStar has provided commercial insurance for small to large businesses as well as personal insurance in Universal City, located 20 …
A bus overturned on a Southern California freeway, killing one person and injuring 11 others, three of them critically, authorities said. The crash occurred on Interstate 15 in an unincorporated area south of Baker, about 155 miles northeast of Los …
Florida’s insurance commissioner on Thursday announced his resignation, effective Dec. 28, surprising some in the industry despite rumors that have swirled for the past few days. David Altmaier, who has been in the role since 2016, during one of the …
The mother of a 15-year-old girl who died of a suspected fentanyl overdose in a high school restroom has filed a negligence and wrongful-death lawsuit against the Los Angeles Unified School District. Elena Perez seeks damages, including “for the loss …
Loveland, Colorado-based Ewing-Leavitt Insurance acquired Stolte Insurance Agency in Arvada, Colorado. Owner Rodger Bailey and his staff will join Ewing-Leavitt Insurance and Leavitt Group. For the time being, Stolte Insurance will be keeping the Stolte name and branding. Stolte Insurance …
Twitter Inc must notify the thousands of workers who were laid off after its acquisition by Elon Musk of a proposed class action accusing the company of failing to give adequate notice before terminating them, a San Francisco federal judge …
Some of the biggest names in ship reinsurance are days away from ceasing to cover key war-related risks for vessels going to Russia and Ukraine, a potential source of alarm for shipping firms moving everything from oil to grains. Hannover …