Arch Capital Group Ltd. has entered into a share purchase agreement with Natixis regarding the acquisition of a 29.5% stake in Coface, a France-based trade credit insurer. The transaction will be completed at a price of €10.70 per share, corresponding …
Newfront Insurance in San Francisco, Calif., has named Seth Word principal and head of agribusiness. At Newfront, he’ll oversee all aspects of cannabis as well as agriculture and horticulture coverage. Prior to joining Newfront, Word founded and lead Cultivate Insurance …
Reno, Nev.-based LP Insurance Services LLC has named Brian Cushard vice president of strategic growth. Cushard will concentrate on acquisitions, operational enhancements and growth throughout LP Insurance Services. He was with Woodruff Sawyer and Beecher Carlson in before joining LP …
Warren Buffett on Saturday called on corporate America to make their boards of directors more accountable to shareholders and less beholden to chief executive officers, perhaps by reducing their pay and requiring that they buy more stock. In his annual …
Highway traffic fatalities in Kentucky increased by 10 last year, according to a preliminary count. According to initial data, there were 734 fatalities in 2019, compared to 724 in 2018, the Kentucky Transportation Cabinet’s Office of Highway Safety said in …
It’s no surprise that Florida carriers are raising homeowners’ insurance rates given several years of catastrophes and losses from litigation related to assignment of benefits and water damage claims. What may be surprising for insureds, however, is how substantial the …
Authorities say they’re testing the air quality after a pipe ruptured, prompting the evacuations of more than 300 residents and sending dozens of people to hospitals. The Mississippi Department of Emergency Management said 46 people were treated at area hospitals …
The National Transportation Safety Board will hold a public hearing on Tuesday to establish the probable cause of a fatal March 2018 Tesla Autopilot crash in California and will issue a series of safety recommendations, two people briefed on the …
The U.S. Supreme Court on Monday handed a victory to Walgreens, turning away an appeal by a fired former Florida employee of the pharmacy chain who asked not to work on Saturdays for religious reasons as a member of the …
A federal judge on Friday ordered attorneys for the U.S. Coast Guard and a maritime salvage company to answer detailed questions about plans to remove an overturned cargo ship on the Georgia coast by sawing it into eight enormous chunks. …
