Specialty MGA UK, a recently formed managing general agent focused on providing additional capacity for specialty lines of businesses, has acquired the ForestRe team from Globe Underwriting, the UK-based MGA. Financial details of the deal were not disclosed. The team …
Ryan Specialty announced the formation of a global transactional risk practice, Ryan Transactional Risk. This global managing general underwriting practice is being created by combining the operations of Concord Specialty Risks (headquartered in New York City) and Ryan Specialty Transactional …
Incidents of fraudulent instruction scams were up 13% in 2022, according to specialist insurer Beazley’s new Cyber Services Snapshot report. Under fraudulent instruction scams, criminals use hacking and phishing techniques to accumulate information that allows them to send plausible-looking requests …
LUFKIN — By the glow of a flashlight, Stacy McAlpine and her 10-year-old granddaughter played Go Fish and other card games as they snuggled up next to a propane fireplace. Thirty miles south in Robertson County, Elizabeth Smith and her …
Branch, a full-stack insurance company, announced it has launched condo insurance, expanding its list of instantly bindable products. Condo joins Branch’s existing arsenal of home, auto, renters, and umbrella insurance, and will be rolled out across Branch’s available states in …
Activision Blizzard Inc ATVI.O has agreed to pay $35 million to settle U.S. Securities and Exchange Commission charges that it failed to have systems in place to properly handle disclosures of employee complaints and violated whistleblower protection rules, the regulator …
A fire at a Massachusetts hospital’s electrical transformer forced an undetermined number of evacuations on Tuesday morning and power was shut off to the building for safety reasons, officials said. “We are removing some critically ill and injured patients” out …
Mercedes-Benz faces more than 300,000 claims at London’s High Court from the owners of diesel vehicles that were allegedly equipped with “defeat devices” to cheat emissions tests. The German carmaker is said to have misled customers about certain diesel vehicles’ …
The Maine Paid Family Leave Coalition on Tuesday launched a renewed push for a paid family and medical leave benefit as the Democratic-controlled Legislature takes up the issue. Maine Sen. Mattie Daughtry, D-Brunswick, and Rep. Kristen Cloutier, D-Lewiston, who are …
MADISON, Wis. (AP) – An Illinois man has filed a federal lawsuit alleging that an off-duty police officer improperly restrained his 12-year-old daughter during a fight in a Wisconsin middle school last year by placing his knee on her neck …
