A digital startup private flood insurance provider, Neptune Flood, has secured $2 million in seed round funding and has plans to “aggressively expand” nationwide by offering its platform to carriers, agencies and mortgage lenders. Neptune’s Lloyd’s-backed residential product is currently …
Private equity firm Preservation Capital Partners has completed its acquisition of Ascent Underwriting, the London-based cyber and specialty lines MGA, after obtaining UK regulatory approval. Ascent’s management team will retain a significant shareholding in the company and will continue to …
In the days before mudslides devastated California neighborhoods, officials released conflicting evacuation orders that left some hard-hit neighborhoods out of the warning zone, a newspaper reported. The Santa Barbara County Sheriff’s Office had posted on its website and on Facebook …
Fred C. Church has added Mark Vermeal to its outdoor-focused risk advisory and insurance practice. Vermeal will open an office in Golden, Colo. will become the senior risk management and safety advisor for the newly launched outdoor and adventure practice. …
California on Wednesday sued the Trump administration over its repeal of Obama-era rules meant to address public safety concerns on hydraulic fracturing, the process known as fracking that is used to extract oil and natural gas, on federal lands. The …
The deadline to participate in Insurance Journal’s annual Agency Salary Survey is approaching fast – participate by Feb. 2 to receive a complimentary copy of the survey results. ALL retail agency owners, principals, producers, CSRs — the entire agency — …
Global reinsurance pricing in aggregate was flat to up about 5 percent during the January 2018 renewals, and more price hikes can be expected in loss-affected areas during the year, according to S&P Global Ratings. After last year’s spate of …
CoreLogic’s annual Natural Hazard Risk Summary and Analysis shows that 2017 was a year of relatively average activity for most U.S. natural hazards with the exception of wildfires in California and flooding from Hurricanes Harvey and Irma. The annual report …
New Jersey Governor Phil Murphy is ordering an audit of the state’s beleaguered transit agency. Murphy, a Democrat, signed the executive order calling for an audit of New Jersey Transit alongside Democratic and Republican lawmakers on Monday at a rail …
The University of Pittsburgh has suspended a fraternity and temporarily barred all Greek life organizations from hosting events with alcohol after a student was hospitalized in an “alcohol-related incident.” University officials have not released specifics about what led to the …
