The unloved insurance sector is proving a rich territory for acquirers. Apollo Global Management Inc., Blackstone Group Inc., Carlyle Group, KKR & Co. — the big guns of private equity have been conspicuously active in this industry lately. Now an …
Four Republican state attorneys general led by Texas backed President Donald Trump’s push to narrow the ability of social media companies to remove objectionable content and require new transparency rules. Texas, Louisiana, Indiana and Missouri’s state attorneys general said in …
One claim dispute I was involved with I refer to in seminars as “The Unimpeachable Case of What ‘Are’ Is.” It illustrates how a single word, even the tense of a verb, in a policy form can make all the …
U.S. commercial property/casualty insurance prices rose during the second quarter of 2020 by almost 10% compared with prices charged during the same quarter of 2019. Excess/umbrella and directors’ and officers’ liability data indicated the largest price increases, with prices for …
Vermont law enforcement officials believe an increase in the number of traffic fatalities recorded so far this year could be linked to fewer police on the road because of the coronavirus pandemic. So far this year there have been 43 …
IAT Insurance Group has named Chris Fox to its reinsurance business unit as managing director. He is based in IAT’s Newark, N.J., office. Fox comes to IAT after 12 years with Everest Re in both domestic and international positions, most …
Baltimore’s mayor said that the city won’t immediately follow some other parts of the state into the third phase of its coronavirus recovery plan. “We do not want to erase the gains we’ve made over the past month,” Mayor Bernard …
A 58-year-old man has died in an industrial accident at a Georgia poultry processing plant. The maintenance worker was killed at the loading dock of the Tyson Foods plant in Vienna on Thursday afternoon, Dooly County Coroner Ricky Hudson said. …
Dallas-based Risk Point Underwriters LLC has named Scott A. Hoy executive vice president for the specialty auto dealer underwriting unit. Hoy will be responsible for driving profitable growth and delivering customer excellence through independent agents across its Risk Point programs …
Hagerty, based in Traverse City, Mich., has hired Kevin Rabinowitz to lead its Insurance Partners Group. Working under Hagerty’s Senior Vice President of North American Markets Jack Butcher, Rabinowitz will be responsible for what he calls the “substantial growth opportunities” …
