January 6, 2020
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has purchased a minority stake in Malaysian broker SP&G Insurance Brokers Sdn Bhd. Terms of the transaction were not disclosed. SP&G is a multi-discipline commercial insurance broker specializing …
January 6, 2020
Exhausted firefighters welcomed cooler weather and patchy rain in blaze-ravaged southeastern Australia Monday after a calamitous few days, even as authorities warn of a return to dangerous conditions later this week. With no end in sight to the months-long crisis, …
January 6, 2020
Clearcover, a digital managing general agent focused on auto insurance, said it has raised $50 million in new financing. The company said the money will be used to accelerate further national growth as well as further its plans to become …
January 6, 2020
HP Inc. was awarded $439 million in damages against Quanta Storage Inc. and its U.S. subsidiary after a federal judge tripled a jury’s 2019 award for damages caused by a widespread scheme to inflate the price of optical disk drives. …
January 6, 2020
The senior population continues growing at a time when the insurance market for senior living operations is under strain and both trends are expected to continue. The population of Americans over age 80 will double, from 6 million to 12 …
January 5, 2020
More than two years and a lifetime ago, Hollywood’s open secrets about Harvey Weinstein finally spilled into public view. Few back then could have predicted all that would follow or where the #MeToo movement would go. Now, for Weinstein, a …
January 5, 2020
In a move that could put the Obama-era health law squarely in the middle of the 2020 election, Democratic-led states Friday asked the Supreme Court for a fast-track review of a recent court ruling that declared part of the statute …
January 3, 2020
M.J. Hall & Company Inc. has named former TOPA chief John Donahue president of the Stockton, Calif.-based company. Donahue recently retired from his post as president and CEO at Calabasas, Calif.-based TOPA Insurance Co. He relocated to Southern California nearly …
January 3, 2020
In late December, the Texas Department of Insurance, Division of Workers’ Compensation (DWC) released the 2019 Health Care Provider Performance Based Oversight (PBO) assessment. For 2019, health care providers were assessed on their performance in one of three categories: timely …
January 3, 2020
The U.K. endured more high-temperature records during the 2010s than any decade over the last century, according to the nation’s weather service, attributing the trend to climate change. Four of the eight high-temperate extremes from the last decade occurred in …