Largest Wholesale Broker, Amwins, to Acquire Rival Worldwide Facilities March 5, 2021 By Andrew G. Simpson The largest wholesale insurance broker, Amwins Group, is getting even larger as it has agreed to acquire Worldwide Facilities, the...
Survey Finds Insurance Agency Employees Now Prefer Mix of At-Home, In-Office Work March 5, 2021 Insurance agency managers may need to reassess the future of the five-day-a-week office after the pandemic is over as nearly...
FEMA Buys More Flood Reinsurance; Decision Near on Insurance Rate Change Plan March 5, 2021 The federal government has bought additional reinsurance to cover losses of the National Flood Insurance Program. On Feb. 23, the...
Volante Combines Ransomware, Cybersecurity in CyberLockout Coverage March 5, 2021 Volante Global, an international managing general agent (MGA) platform, has launched a cyber ransomware product Cyber Lockout that combines ransomware...
Update: CoStar Group Withdraws Bid to Buy CoreLogic March 4, 2021 By Ankit Ajmera Commercial real estate information provider CoStar Group said it had withdrawn its bid to buy CoreLogic after the U.S. property...
CoreLogic Tells CoStar Its Buyout Offer Needs Improvement March 4, 2021 By Akanksha Rana and Greg Roumeliotis U.S. property data and analytics company CoreLogic Inc. rebuffed peer CoStar Group Inc.’s sweetened buyout offer, saying it required improvement...
Brandon to Succeed Hicks as CEO at Alleghany at Year End March 4, 2021 Alleghany Corp. has triggered a changing of the guard, with a new chief executive officer slated to take over at...
Brit Combines Ambridge and BGSU to Create U.S. MGA March 4, 2021 Brit Ltd. said it will merge its U.S. service company platform, Brit Global Specialty USA, and its managing general agency...
Home Insurance Agency Hippo to Go Public in $5B SPAC March 4, 2021 By Sohini Podder Hippo Enterprises said it will go public through a merger with a blank-check firm, backed by Silicon Valley heavyweights Reid...
Internet Firms’ Liability Protection Under Fire. 26 Words and What’s at Stake March 4, 2021 By Rebecca Kern Democrats and Republicans in Congress are taking aim at a controversial law that shields internet platforms including Facebook Inc. and...