Monthly Archives: <span>May 2024</span>

Specialist Casualty MGA Casper Secures New Capacity Partners, Chaucer and TMK

Casper Specialty UK Ltd., the casualty-focused MGA and independent sister company to the broker Miller, announced it had secured two new capacity providers, as it enters its second year of trading. Chaucer and TMK have joined Argenta to provide additional …

Higginbotham Acquires Texas’ Barnard Insurance Group

Higginbotham announced it has acquired Barnard Insurance Group of Wichita Falls, Texas. Family owned and operated since 1931, Barnard is an independent agency with services that include personal, life and health, and commercial coverage. Barnard specializes in oil and gas …

Skyward Specialty Announces Pricing of Secondary Offering of Common Stock

Skyward Specialty Insurance Group, Inc.announced the pricing of its secondary offering of 4,400,000 shares being offered by The Westaim Corporation, through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) at $36.50. In connection with the offering, the Selling …

US Indicts Leader of Prolific LockBit Ransomware Gang

The leader of one of the most prolific ransomware gangs was indicted and sanctioned by the US government on Tuesday, the latest effort by law enforcement authorities to crack down on rampant cybercrime. Dmitry Yuryevich Khoroshev, a 31-year-old Russian national, …

Flooded East Texas Town Begins Cleanup

LIVINGSTON — Clinton Jones looked across the emergency shelter Friday. His children were going stir crazy. His wife, Samantha, and mother-in-law, Lee Farrell, were making the best of the cots and blankets they received from the Red Cross. The 27-year-old’s …

Acrisure Expands UK Footprint With Two Deals in Southern England

Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, announced it has completed two acquisitions, expanding its southern England region, which is managed by Sutton Winson, Acrisure’s largest UK acquisition to date. Financial details of the two deals were …

Rising Spring Rains Pose Challenges for Midwest Farmers

SABINA, Ohio (AP) — It was just after dark as Ross Woodruff hopped into a truck to haul soybean seeds out to his brother, Mark, whose planter had run out. It was the first day they could plant after heavy …

Truist Finishes Insurance Subsidiary Sale; Broker Rebrands as TIH, Names All-Star Board

Truist Financial Corporation today said it completed the previously announced sale of its remaining stake in Truist Insurance Holdings, the fifth largest insurance brokerage in the United States, to an investor group led by private equity firms Stone Point Capital …

NHTSA Seeks Answers From Tesla in Autopilot Recall Probe

U.S. auto safety investigators are seeking detailed answers and documents from Tesla in a probe into the automaker’s December recall of more than 2 million vehicles to install new Autopilot safeguards. The National Highway Traffic Safety Administration (NHTSA) said last …

Georgia Governor Signs Bill Regulating Kratom, a Supplement Blamed for Deaths

ATLANTA (AP) — Georgia’s governor on Thursday signed a bill putting new regulations on the production and sale of products containing kratom, a plant-based supplement. The law, which takes effect Jan. 1, prohibits the sale of kratom to anyone under …