ANZ Agrees to Buy Australian Insurer Suncorp’s Bank Operations for $3.3 Billion July 18, 2022 By Harry Brumpton Australia & New Zealand Banking Group Ltd. agreed to buy Suncorp Group Ltd.’s banking operations for A$4.9 billion ($3.3 billion)...
Malaysian Central Bank Sets 2023 Cutoff for Foreign Insurer Stake Sales: Sources July 18, 2022 By Elffie Chew Malaysia’s central bank is giving foreign insurers until the end of 2023 to either reduce stakes in their local ventures...
Europe Battles Wildfires in Intense Heat That Scientists Blame on Climate Change July 18, 2022 By Guillermo Martinez JERTE, Spain – Authorities across southern Europe battled on Sunday to control huge wildfires in countries including Spain, Greece and...
The 50 State Summary Table July 18, 2022 By Niji Sabharwal This post is part of a series sponsored by AgentSync. Insurance producer licensing, appointments, and agency rules vary across states...
MLB Agrees to Pay $185 Million to Settle Minor League Wage Suit July 18, 2022 By Robert Burnson Major League Baseball agreed to pay $185 million as part of a settlement with minor league ballplayers who say the...
Ascend, AmeriSave Expand Insurance Programs July 18, 2022 Ascend Inks Payment Platform Agreement with Independent Agents of North Carolina Ascend, an insurance payments platform, has announced an agreement...
World Insurance Acquires Walker Agency in Massachusetts July 18, 2022 World Insurance Associates reports it has acquired Allan M. Walker Insurance Agency of Taunton, Massachusetts. Terms of the transaction were...
New Alabama Regs Kick in on Custodials, Clearing Co’s, Captives and Home Fortification July 18, 2022 The Alabama Department of Insurance has updated a number of regulations in keeping with the National Association of Insurance Commissioners’...
People: Georgia Agents Elect Iverson President July 18, 2022 The Independent Insurance Association of Georgia has installed longtime member Michael Iverson as president of the organization. Iverson is CEO...
California Surplus Lines Association Lowering Stamping Fee July 18, 2022 The Surplus Line Association of California board voted to drop the association’s stamping fee to 0.18%. Effective Jan. 1, 2023,...