U.S.-based alternative investment manager Castlelake, L.P. announced the creation of a Bermuda-licensed reinsurance company, Itasca Re Limited, to offer insurance...
Yearly Archives: 2023
San Francisco-based wholesale insurance brokerage Socius Insurance Services, Inc. has acquired the assets of Kelly Underwriting Services, a Farmingdale, New...

California’s weather was calmer this week after weeks of atmospheric rivers that slammed the state with damaging rains, wind and...
Leader Bank in Massachusetts reports it has launched a subsidiary, Leader Insurance, to provide property, auto, and umbrella insurance to...
Newly sworn-in Pennsylvania Gov. Josh Shapiro is assembling his team and has selected Mike Humphreys to be the state’s insurance...

AM Best downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating...

Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been...
Richard Blodgett, a single father, was jailed on a drug charge when a worker from Arizona’s child welfare agency delivered...
The board of directors for Tampa-based Heritage Insurance Holdings has authorized the repurchase of $10 million in shares from stockholders,...

An oil company sued the city of Los Angeles over its recent law to ban the drilling of new oil...