Stone Point to Acquire Stake in Truist Insurance for Nearly $2B February 16, 2023 Truist today said it has agreed to sell a 20% stake its insurance brokerage business to private equity firm Stone...
Turkey Earthquakes to Cost Insurers $2.4 Billion: Karen Clark & Co. February 16, 2023 Catastrophe modeling firm Karen Clark & Co. (KCC) said on Thursday it expects insured losses of $2.4 billion from the...
Historic Alabama City Facing Long Road to Recovery From Tornado February 16, 2023 In a Selma neighborhood — a few blocks from the starting point of the 1965 voting rights marches — the...
Guest at Daytona Hotel Dies After Being Struck by Forklift During Storm Repairs February 16, 2023 A guest at an oceanfront hotel in Florida has died after being run over by a forklift working on storm...
Markets/Coverages: Berkley, Talage Partner for Workplace Violence Coverage February 16, 2023 Berkley Program Specialists said it has partnered with Talage to offer a new product line for workplace violence coverage. This...
Markets/Coverages: Beazley Launches Private Equity Liability Product for Portfolio Firms February 16, 2023 Specialist insurer Beazley has launched a new private equity liability insurance product, designed to focus on the inherent directors and...
Travel Insurance to Take Off as Year-End Cancellations Spook Flyers February 16, 2023 Demand for travel insurance in the United States is set to jump this year, as more Americans turn cautious after...
Krause Acquires LTCI Brokerage Services in California February 16, 2023 Krause Brokerage Services, LLC acquired USA-LTC in California. USA-LTC is a brokerage firm that specializes in long-term care insurance, including...
Maine Proposal Would Buy Out Farms Contaminated by PFAS Chemicals February 16, 2023 A Maine lawmaker has proposed a bill to require the state to offer to buy out farmers whose land was...
People Moves: Venbrook in California Names Meyer Head of U.S. Programs Division February 16, 2023 Venbrook Group, LLC, headquartered in Los Angeles, California, named Bryan Meyer executive vice president, programs, for Venbrook Specialty Services, LLC,...