Sica Fletcher Index: Total Agency-Broker M&A Revenue Down 26% in 2024 February 4, 2025 The 22 acquirers that make up the Sica Fletcher Index were involved in 533 agent-broker deals in 2024, down 6%...
Texas Regulators Grapple With Plugging Leaky Abandoned Wells February 4, 2025 In arid West Texas, water seeps and bubbles from old wells, sometimes carrying oil, brackish water or other pollutants to...
Chicago Sued by White Men Barred From Bally’s Casino Investment February 4, 2025 By Miranda Davis and Shruti Date Singh Bally’s Corp. and the City of Chicago were accused of discriminating against White men in a lawsuit by a conservative...
WTW Reports Net Loss in 2024 With Organic Revenue Growth of 5% February 4, 2025 By L.S. Howard WTW reported net Income for the fourth quarter of 2024 of $1.25 billion, compared to net income of $623 million...
Ryan Specialty Completes Buy of Velocity Risk Underwriters February 4, 2025 Specialty insurance provider Ryan Specialty reported it has completed the acquisition of Velocity Risk Underwriters, LLC from funds managed by...
Bessent to Be Acting CFPB Head, Pauses Rules and Litigation February 4, 2025 By Saleha Mohsin and Paige Smith Treasury Secretary Scott Bessent is now the acting head of the US Consumer Financial Protection Bureau, signaling a potential shift...
Oil Tanker Attacked Last Year Crosses Red Sea as Houthi Ceasefire Holds February 4, 2025 Liberian-flagged crude oil tanker Chrysalis, which was attacked by Yemen’s Houthis last year, sailed through the Red Sea this week,...
Generali to Remain in Charge of Investment Decisions in BPCE Deal, Won’t Cut Stake February 4, 2025 By Gianluca Semeraro Generali to remain in charge of decisions over how to allocate its own clients’ savings under the asset management deal...
China Hits Back With Targeted Tariffs After Trump Imposes New Levies February 4, 2025 By Trevor Hunnicutt and Kevin Huang China on Tuesday imposed tariffs on some U.S. imports in a swift response to new U.S. duties on Chinese goods,...
Viewpoint: Delegated Underwriting Authority Enterprises Offer Insurers Competitive Edge February 4, 2025 By Dawn Walker The growing adoption of data-driven underwriting and predictive analytics has given delegated underwriting authority enterprises (DUAEs) a competitive advantage within...