January 14, 2021
Insurance technology firm Applied Systems has agreed to acquire EZLynx, an agency management system vendor and pioneer in real-time comparative rating . Applied said the acquisition is complementary and will expand its portfolio of agency management and rating technologies for …
January 14, 2021
Willis Towers Watson, the global advisory, broking and solutions company, announced the addition of Shanghai to its global property and casualty hub, aimed at enhancing the company’s global placement model for clients. The Global Markets P&C Hub further strengthens the …
January 14, 2021
A California Workers’ Compensation Institute analysis of claims reported to the state Division of Workers’ Compensation as of Jan. 11 shows that the number of COVID-19 claims in the California workers’ compensation system more than tripled between October and November, …
January 14, 2021
Uber Technologies Inc. on Wednesday appealed a $59 million fine by a California regulator in a dispute over whether the company should share detailed information on sexual assault and harassment claims reported on its ridesharing platform. The California Public Utilities …
January 14, 2021
A Stowe man is facing eight arson charges that he set a series of fires over nearly two years that caused more than $1.5 million in damage, police said Wednesday. Police say Jeffrey Nolan, 62, admitted to setting a fire …
January 14, 2021
Hub International Limited (Hub), a full-service global insurance broker, has acquired Alpha Pension Group Inc. Terms of the transaction were not disclosed. Headquartered in Boston, Mass., Alpha Pension Group is a retirement consulting firm that provides investment analytics, fiduciary governance …
January 14, 2021
Global insurance broker Marsh has unveiled for the second time its group of Cyber Catalyst designated products and services judged by leading cyber insurers to be effective in combating significant cyber risks, including ransomware and data management. This year’s cohort …
January 14, 2021
World Insurance Associates LLC (WIA) acquired True & Associates of Westfield, N.J. on December 31, 2020. True & Associates is its largest property/casualty acquisition to date. Terms of the transaction were not disclosed. True & Associates is a multi-line full-service …
January 14, 2021
HONG KONG/BRUSSELS – The environmental transformation happening in the Arctic is key to understanding the potential global impacts of climate change, an Alaska Native leader and a polar explorer told the Reuters Next conference on Monday [Jan. 11]. With climate …
January 14, 2021
Convex Group Ltd. has secured $500 million in committed preferred equity capital from affiliates of Sixth Street, a leading global investment firm. The investment follows Convex’s recent $1 billion capital raise from a consortium led by Onex and GIC, in …