Verisk to Acquire Swedish Claims Insurtech Mavera December 22, 2022 Verisk, the global data analytics provider, has entered into an agreement to acquire Mavera, a Sweden-based insurtech firm that operates...
Gallagher to Acquire HR, Benefits Firm Buck For $660 Million December 22, 2022 Global broker Arthur J. Gallagher & Co. has agreed to acquire the partnership interests of BCHR Holdings, L.P., which does...
Tennessee Pauses Highway Lane Closures, Some Construction During Holidays December 22, 2022 Tennessee officials are halting nearly all construction-related lane closures on interstates and state highways for Christmas and New Year’s holiday...
Progressive Lowers Loss Estimate From Hurricane Ian By $400M December 22, 2022 The Progressive Corp. said Dec. 21 that its loss and allocated loss adjustment expenses (ALAE) in the property business are...
One Dead, Another Injured During Ammonia Leak at Massachusetts Food Plant December 22, 2022 A 68-year-old man died and another man was taken to the hospital for treatment after an ammonia leak at a...
Monsanto Moves to Halt School Demolition by Vermont City Suing It Over PCB Chemicals December 22, 2022 BURLINGTON, Vt. (AP) — The manufacturer of chemicals that are forcing Vermont’s largest city to tear down its high school...
Hollywood Christmas Disaster Claims Mostly Covered: Insurance.com December 22, 2022 The folks at Insurance.com decided to step into the roles of insurance claims adjusters to figure out whether some of...
Insurance Rates to Stay Flat for Shipments of Ukraine Grain: Lloyd’s Insurer Ascot December 22, 2022 A cargo insurance facility providing cover for shipments via Ukraine’s grain export corridor will continue next year with no rate...
Investigators Probe Failure of Italy’s Vega C Rocket; Satellite Insurers Expect Profit Hit December 22, 2022 An investigation is being launched after the latest version of Italy’s Vega C rocket failed on its second mission, destroying...
People Moves: Powers Adds Goode in Colorado December 22, 2022 Powers Insurance & Risk Management, headquartered in St. Louis, Missouri, has hired Keith Goode as a Colorado-based, remote commercial risk...