Charles Taylor, a technology products and services to the global insurance market, has acquired Aegis Corp. (Aegis), a Wisconsin-based provider of mutual management and third party claims administration. Aegis provides risk pools and self-insureds with customized insurance and claims management …
The prospects of Federal Communications Commission Chairman Ajit Pai taking action on an effort to narrow social media companies’ legal protections under a 1996 law are increasingly unlikely. Both Pai and U.S. President Donald Trump have only 16 more days …
The company behind a proposed copper and gold mine in Alaska faces lawsuits from investors claiming it misled shareholders who have seen an 85% drop in stock value since the summer. Two lawsuits filed in U.S. District Court in New …
A wave of litigation over business-interruption losses caused by COVID-19 shutdown orders has started splashing into the appellate courts. Appeals of trial court decisions in at least 11 lawsuits have been filed so far, all but one of them by …
The Federal Emergency Management Agency (FEMA) has once again procured private sector reinsurance from more than 30 carriers for the National Flood Insurance Program (NFIP) to protect the government program from large losses. Under the 2021 reinsurance program, FEMA transferred …
Platinum Specialty Underwriters has acquired International Property & Casualty Insurance Brokers of Nevada Inc. IPC will continue to operate under its established brand name. Terms of the deal weren’t disclosed. IPC is a managing general agent and program manager specializing …
A Kentucky judge has ruled that a lawsuit seeking refunds for University of Kentucky students who had to vacate campus because of the COVID-19 pandemic could continue, the Lexington Herald-Leader reported. Franklin County Circuit Court Judge Phillip Shepherd ruled last …
Dallas-based National Lloyds Insurance Co. (National Lloyds), a subsidiary of ReAlign Insurance Holdings Inc. (ReAlign), has rebranded as National Summit Insurance Co. (National Summit). The rebranding follows the completion of all regulatory approvals leading to the conversion of National Lloyds …
Since it was first announced in March, the proposed Aon-Willis merger became the leading merger and non-merger insurance story of the entire year. But there were also other proposed and completed transactions that caught the eyes of Insurance Journal’s international …
The top M&A story of 2020 was a global story that captured more readers in every geographic region than any other. Since it was first announced in March, the proposed Aon-Willis merger remained the leading merger and non-merger insurance story …
