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Business Moves: Liberty Mutual to Buy Brazil’s Austral Seguradora
Oct 14 2026 // Liberty Mutual Insurance said it has an agreement to acquire Austral Seguradora, a top-five Brazilian surety provider headquartered in Rio de Janeiro. Upon completion of the transaction, Liberty Mutual said it will be one...
Fairfax to Buy IDBI for $5.6 Billion in Biggest India Bank Deal
Oct 14 2026 // Canadian billionaire Prem Watsa’s Fairfax Financial Holdings Ltd. will acquire a stake in IDBI Bank Ltd. for 528.78 billion rupees ($5.6 billion), making it the biggest foreign investment in India’s rapidly...
Porch to Acquire Allied Trust in $200M Deal
Oct 14 2026 // Porch Insurance Group announced it has entered into a definitive agreement to acquire Allied Trust’s insurance carrier and managing general agency. The acquisition is expected to add approximately $200 million of...
Napa Wildfire Study Eyes Funding Prevention, Improving Insurance Availability
Oct 14 2026 // A new report looks into how to put more resources into prevention before a wildfire strikes, maintain resilience and direct new investment where it can deliver the greatest value using Napa, California as a case study. The...
Harbor Emerges From Stealth with $10M Funding to Handle AI-Agent Risk
Oct 13 2026 // New company Harbor said it has emerged from stealth to help with the risks of deploying AI agents. San Francisco-based Harbor starts with $10 million in seed funding from Base10 Partners, Abstract and 8VC. Harbor said it...
Alliant Insurance Acquires New Hampshire’s Melcher & Prescott
Oct 9 2026 // California-based specialty insurance broker Alliant Insurance Services has expanded its presence in New England through the acquisition of Melcher & Prescott, a long-time independent insurance agency in Laconia, New...
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