Penn-America Acquires Commercial Insurance Distribution Marketplace Sayata September 4, 2025 Global Indemnity Group announced that its subsidiary Penn-America Underwriters has completed the acquisition of Sayata, an AI-enabled digital distribution marketplace...
Trump Administration to Revoke Approval of Another Massachusetts Offshore Wind Farm September 4, 2025 President Donald Trump’s administration plans to revoke federal approval of Avangrid’s planned New England Wind project off the coast of...
River Valley Underwriters Acquires Texas’ Patriot National Underwriters September 4, 2025 River Valley Underwriters, Inc has announced that it will be acquiring the book of business from Patriot National Underwriters, Inc,...
South Dakota Father and Son to Pay $4M in Crop Insurance Fraud Case September 4, 2025 A South Dakota father and son have been ordered to pay over $4 million to resolve violations of the False...
OAK Global Launches Retro Syndicate at Lloyd’s September 4, 2025 OAK Global is launching a new strategic business unit, OAK Enterprise, which will be focused on underwriting retrocession business with...
Shipping Company Fined $2M for Maritime Pollution September 4, 2025 A global ship management and maritime services company was ordered to pay $2 million for improperly discharging oily waste into...
The Year So Far: Liberty Mutual Improves Most Among Nationals; Discipline Tested September 4, 2025 A Carrier Management summary of earnings metrics for the year so far reveals a second-quarter average combined ratio of roughly...
EU Regulator Flags Surge in Online Sales of Counterfeit Weight-Loss Drugs September 4, 2025 The European Union’s medicines regulator said on Wednesday there has been a surge in illegal medicines marketed as weight-loss and...
US P/C Insurance Industry First-Half Underwriting Profit Triples September 4, 2025 The U.S. property/casualty insurance industry recorded a net underwriting gain of $11.5 billion and net income of $49.1 billion for...
Forklift Error at New York Beauty Products Warehouse Spurs Chemical Leak and Fire September 4, 2025 A chemical leak and fire at a suburban New York beauty products warehouse Tuesday may have been caused by a...