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...
Markets/Coverages: 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...
Spain and Portugal Fires Were More Intense Because of Climate Change: Research September 4, 2025 By Laura Millan Climate change made the extreme weather conditions that fueled the wildfires in Portugal and Spain about 40 times more likely...
European Private Credit Market to Catch Up With US, Moody’s Says September 4, 2025 By Ellen Schneider The European private credit market is gaining ground on the US, according to a report from Moody’s Ratings. Over the...
Judge Questions DOJ Decision to Drop Boeing Independent Monitor September 4, 2025 By David Shepardson A U.S. judge on Wednesday held a three-hour hearing to consider objections to a deal between the Justice Department and...
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...