Vista Equity Partners and Bain Capital are in the early stages of weighing a sale of insurance software maker Vertafore Inc., according to people familiar with the matter. The Denver-based company could be worth up to $5 billion in a …
While the number of burned acres in 2019 is still well below the number reported last year through October, experts predict the greatest fire potential will occur from now through December as the Santa Ana winds pick up, A.M. Best …
Selling insurance to cannabis dispensaries may the business in which to be in the very near future. A new report claims that cannabis retailing could become one of the “most profitable specialty store categories ever.” The report, From Dispensaries to …
Back in June 2018, AAIS filed its first CannaBOP policy to provide admitted markets a BOP that would cover the unique risks associated with cannabis businesses. While the admitted market has yet to fully embrace the cannabis businesses, this policy …
A health insurance provider says it’s laying off more than 800 people. The Louisville, Kentucky-based Humana announced Monday it’d be cutting 2% of its workforce by the end of the year, with some employees being let go as early as …
On a Friday night in August, Diane and Ted Simpson got home from work to find a certified letter from the Harris County Flood Control District notifying them that a portion of their backyard was in a public right of …
Nearly 500 new volunteer firefighters have joined Oklahoma rural fire departments in the four years after legislation passed that eliminated the age limit for new volunteers. Oklahoma House Majority Leader Mike Sanders (R-Kingfisher), who sponsored the legislation, has announced that …
U.S. farm bankruptcies in September surged 24% to the highest since 2011 amid strains from President Donald Trump’s trade war with China and a year of wild weather. Growers are also becoming increasingly dependent on trade aid and other federal …
The state environmental agency said a northwestern Indiana steel mill knew it was leaking dangerous chemicals into Lake Michigan but failed to report the spill or act quickly to mitigate the risks. The cyanide and ammonia spill in August at …
Ratings agency AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” of Upland Mutual Insurance …
