MGA First Underwriting Forms £1B, 5-Year Capacity Deal With R&Q’s Accredited January 11, 2022 First Underwriting Ltd., the London-based specialist MGA that is part of Kingfisher UK Holdings, announced a five-year capacity deal to...
Legacy Specialist Enstar and Aspen Insurance Agree to $3.12B Loss Portfolio Transfer January 11, 2022 Enstar Group Ltd. announced that one of its wholly owned subsidiaries has reached an agreement for a ground-up loss portfolio...
Stay Home or Go to Work Sick? Omicron Poses a Conundrum. January 11, 2022 By Dee-Ann Durbin and Anne D'Innocenzio As the raging omicron variant of COVID-19 infects workers across the nation, millions of those whose jobs don’t provide paid...
Sister of Slain Federal Officer Files Wrongful Death Suit Against Facebook January 11, 2022 By Daisy Nguyen The sister of a slain federal security officer is suing Facebook, alleging the tech giant played a part in the...
Virginia Raises Minimum Auto Insurance Limits January 11, 2022 Virginia has increased the liability insurance coverage required for vehicles in Virginia. The new law applies to vehicle insurance policies...
Israeli Cyber-Security Startup Pentera Raises $150M in Funding, Weighs IPO January 11, 2022 By Krystal Hu Israeli cyber-security firm Pentera has raised $150 million in its latest funding round, taking the company’s value to $1 billion,...
Rhode Island Fines Medical Transport Firm Over Fatal Crash by Unqualified Driver January 11, 2022 The company contracted by the state to provide nonemergency medical transportation to Rhode Island residents was fined $600,000 Thursday in...
Climate Crisis Is Top Risk Facing World for Next Decade: World Economic Forum Survey January 11, 2022 By Alessandra Migliaccio There’s little faith in the global economic recovery accelerating, with officials and business leaders citing climate change and rising social...
Berkshire Hathaway Invests in Ariel Re, Extends Quota Share Agreement January 11, 2022 Ariel Re, the Bermuda-based reinsurer, together with Berkshire Hathaway Inc.’s wholly-owned subsidiary, National Indemnity Co. (NICO), announced a further strategic...
Tornadoes Reported in Houston, Northwest Louisiana January 11, 2022 At least two tornadoes touched down in the Houston area over the weekend as storms brought high winds and heavy...