Axis Insurance Managers Inc., the Vancouver-based independent specialty insurance brokerage, announced it has received a significant growth investment from Lee Equity Partners LLC, a middle market private equity firm that specializes in the financial services and healthcare industries. The partnership …
Kia America is recalling nearly 463,000 Telluride SUVs — and urging owners to park their cars outside and away from other structures until an issue posing a fire hazard is fixed. The front power seat motor on the affected Tellurides …
DOXA Insurance announced the acquisition of CPH Insurance, a Chicago-based MGA providing professional liability products for mental health, allied health and healthcare professionals. Founded in 2000 by founder and President Phil Hodson to specifically serve the mental health sector, CPH …
A legal battle in Louisiana is hobbling construction of three pipeline projects worth more than $2 billion. Yet the litigation isn’t from environmentalists: It’s spearheaded by one of the biggest natural gas pipeline operators in the US. Energy Transfer LP …
This post is part of a series sponsored by TSIB. The saying, “life is what happens to you while you’re busy making other plans,” is as true as a statement that you can make. Unfortunately, the simple truth is, bad …
A U.S. congressional committee will accuse the biggest Wall Street firms on Tuesday, in a report seen by Reuters ahead of its publication, of colluding with advocacy groups to force companies to shrink their greenhouse gas emissions. The report is …
The Fortegra Group Inc., the Jacksonville, Florida-based specialty insurer and subsidiary of Tiptree Inc., announced it has received approval to operate in Belgium and the European Union. Fortegra Belgium Insurance Co. NV will be based in Brussels and will underwrite …
Broker WTW said commercial lines insurance increased overall by an average of 6.3% during the first quarter. Quarterly price increases have been about 6% since the global pandemic, WTW reported in its Commercial Lines Insurance Pricing Survey (CLIPS). Carriers during …
Tesla Inc. failed to persuade an administrative judge to dismiss claims by a California regulator that the company overstated its vehicles’ self-driving capabilities — one of several ongoing regulatory investigations of the electric-car maker’s marketing. The California Department of Motor …
A 100-year-old apartment complex in Miami on Monday erupted into one of the largest blazes in decades after one man shot an employee at the site then set fire to the building. The Miami Herald, the New York Times and …
