Amynta Group to Acquire Brit’s MGU Ambridge Group for $400M, Forms Capacity Deal January 9, 2023 Brit Ltd.’s managing general underwriter, Ambridge Group, will be acquired by Amynta Group for $400 million. In addition, a multi-year...
Mississippi Farms Settle Suits Over South African Laborers’ Higher Wages January 9, 2023 Two agriculture businesses in the Mississippi Delta and some Black farm workers have settled the workers’ lawsuits over claims the...
People Moves: AXA XL Promotes Coxall to Head of U/W Mgmt, UK & Lloyd’s; LSM Hires BNP’s Faulkner to Lead Digital Strategy in Europe; MS Amlin Beefs Up U/W Team January 9, 2023 This edition of International People Moves details appointments at AXA XL, Liberty Specialty Markets (LSM) and MS Amlin. A summary...
M&A Drops From 2021 Record High but Activity ‘Solid’: Marshberry January 9, 2023 Following a record year in 2021, insurance agency consulting firm Marshberry said the amount of mergers and acquisitions in the...
Judge Approves $11M Fund to Settle Suit Against Zywave January 9, 2023 A federal judge last week approved an $11 million deal to end a proposed class action lawsuit against insurance technology...
Maryland Newsroom Shooting Victims Settle Suit Against Publisher January 9, 2023 ANNAPOLIS, Md. (AP) — The families of victims in the Capital Gazette shooting and some newspaper employees who survived the...
Vermont Seeks Federal Damage Assessment From December Storm January 9, 2023 Vermont has requested a federal damage assessment to see if the state qualifies for a federal major disaster declaration from...
People Moves: Texas Mutual Names Duncan as CEO of Health-Focused Subsidiary January 6, 2023 Texas Mutual announces Duncan as CEO of new health insurance subsidiary Texas Mutual Insurance Company, based in Austin, Texas, has...
People Moves: NFP Names Head of N.A. Construction Advisory; New Chief Underwriting Officer at Everspan January 6, 2023 NFP Names Canning SVP NFP has named Andrew Canning senior vice president and head of project risk advisory for the...
Regulators: Lack of Safeguards Led to Wisconsin Refinery Explosion January 6, 2023 MADISON, Wis. (AP) – Federal regulators have determined that a lack of safeguards during a maintenance shutdown led to a...