Specialist Risk Group (SRG), the London-headquartered broker, announced the acquisition of Fleet and Commercial, subject to regulatory approval. The deal enhances SRG’s existing commercial motor capability and is a continuation of its growth strategy. Financial details of the deal were …
A small plane with four passengers crashed at a Utah airport, killing one and injuring the other three, according to city officials in Provo. The plane crashed immediately after takeoff on Monday and one of the three survivors was transported …
Previously licensed California bail agent and insurance producer Sean Wilczak, 29, was arraigned in Santa Barbara County Superior Court on three felony counts of grand theft for allegedly stealing $25,000 from three bail clients. The California Department of Insurance initiated …
Washington state Attorney General Bob Ferguson has filed a lawsuit against a plastic surgery provider in the Seattle area over claims it misled patients and the public “through a multitude of unlawful, unfair and deceptive practices” by posting fake positive …
A Los Angeles cameraman who suffered a spinal cord injury while on a New Mexico movie set has been awarded more than $66 million in a lawsuit, among the largest settlements in the state’s history, a news outlet reported. The …
A suspected gas explosion a few hours into the new year demolished two Philadelphia row homes and damaged others, sending several people to the hospital, authorities said. Fire department officials said the blast occurred shortly before 3 a.m. Sunday in …
Fidelis Insurance Holdings Ltd. (FIHL) announced the completion of the transaction creating a new managing general underwriter (Fidelis MGU), separate from FIHL and the existing insurance companies (the Fidelis Insurance Group). Originally announced in July 2022, the transaction became effective …
Chubb announced the launch of a new Global Climate Business Unit, aiming to bring together Chubb units engaged in traditional, alternative and renewable energy, climate tech, agribusiness and risk engineering services. The new business unit will provide a full spectrum …
From growing ransomware attacks to navigating a remote work environment to regulatory developments to a challenging insurance landscape, 2022 proved to be a newsworthy year for the ever changing cyber industry. Insurance Journal covered some of the major breaches of …
Atlanta-based physician insurer MagMutual Insurance Co reports it has .has completed its acquisition of MDAdvantage Insurance Co. of New Jersey. The deal received final corporate approval and regulatory approval by the New Jersey Department of Banking and Insurance in December. …
