North Carolina’s First Citizens Bank to Acquire Most of Collapsed Silicon Valley Bank March 28, 2023 North Carolina-based First Citizens Bank, which also offers property and other types of insurance, will acquire much of Silicon Valley...
Insurer RSA Exits UK Personal Lines Motor Market to Focus on Core Businesses March 28, 2023 UK insurer RSA announced it is exiting the UK personal lines motor market to focus on its core lines. The...
InsureTrust Names Levy EVP March 28, 2023 Atlanta-based InsureTrust, a cyber insurance specialty broker, has named Florence Levy executive vice president. InsureTrust, part of Starwind Specialty, said...
UK MGA Aqueous Secures Capacity From Allianz, Setting Sights on Commercial SMEs March 28, 2023 Aqueous Underwriting has secured major new capacity following the signing of an initial three-year deal with insurer Allianz Insurance. The...
Climate Activists Tell Insurance CEOs to Stop Covering Carbon Projects ‘Immediately’ March 28, 2023 A group of climate activists has called on 30 insurance company bosses to “immediately” stop underwriting new fossil fuel projects...
Washington Contractor Fined $300K for Wage Violations March 28, 2023 A Vancouver, Washington contractor was found to owe $201,223 in wages and interest to 20 employees on construction projects at...
Philadelphia Residents Warned About Chemical Plant Spill in Delaware River March 28, 2023 Philadelphia residents are being told that they may want to drink only bottled water following a chemical spill into the...
7 Bodies Recovered From Site of Pennsylvania Chocolate Factory Explosion March 28, 2023 WEST READING, Pa. (AP) – All seven bodies have been recovered from the site of a powerful explosion at a...
Professional Benefit Services in Washington Acquired by Parker, Smith & Feek March 27, 2023 Parker, Smith & Feek acquired Professional Benefit Services Inc. in Washington. PBS President Jere Meyer and Account Executives Katie Stewart...
Markets/Coverages: CFC Adds Professional Liability, Tech E&O to Admitted Offerings March 27, 2023 Specialist insurance provider CFC recently announced the expansion of its admitted product suite with the addition of professional liability and...