UK Insurer Aviva to Enter Lloyd’s Market via Acquisition of Probitas for £242M March 4, 2024 Aviva plc announced it will acquire 100% of Probitas Holdings (Bermuda) Ltd., the parent company of the Probitas Group, for...
New Survey Reveals How Independent Agents Are Adapting to the Hard Market March 4, 2024 The hard market has independent agents “going the extra mile” to prioritize client communication, retention, technology and team morale. Trusted...
Medical Incident Likely Led to SUV Crashing Into Michigan Walmart, Authorities Say March 4, 2024 CANTON TOWNSHIP, Mich. (AP) — A driver who crashed her sport-utility vehicle into a Walmart store in suburban Detroit was...
War Insurers Shrug Off Rubymar Sinking in Red Sea, Rates Stable March 4, 2024 By Jonathan Saul The cost of war risk insurance through the Red Sea remained stable on Monday despite the sinking of the Rubymar...
Skeptical AM Best Tags US D&O Segment With Negative Outlook March 4, 2024 By Chad Hemenway Rating agency AM Best has assigned a negative outlook to the U.S. directors and officers liability insurance segment as more...
Marsh McLennan Agency Acquires Pair of Louisiana Agencies March 4, 2024 Marsh McLennan Agency (MMA), a subsidiary of Marsh, announced that it has completed its previously announced acquisitions of two Louisiana-based...
Family of Man Who Died After Being Punched by Detroit Police Sues for $50M March 4, 2024 DETROIT (AP) — The family of a 70-year-old man who died after a Detroit police officer punched him in the...
FTI Consulting Acquires Madison Group Actuarial Firm March 4, 2024 A global risk advisory firm has beefed up its actuarial muscle with the acquisition of Madison Consulting Group, based in...
Georgia’s Largest County Still Repairing Damage from January Cyberattack March 4, 2024 By Russ Bynum and Frank Bajak Georgia’s largest county is still repairing damage inflicted on its government a month ago by hackers who shut down office...
Maui County Officials Select Final Disposal Site For Debris From Lahaina Wildfire March 4, 2024 Hawaii officials plan to send debris and ash from the August wildfire that destroyed Lahaina town to Maui’s central landfill....