London-based DUAL, the underwriting arm of Howden Group Holdings, reports it has completed the acquisition of Align Financial Holdings that was announced in August. San Diego-based Align is a specialist general agency and underwriting management group, underwriting more than $680 …
CORRECTION: In a story published October 10, 2021, about an earthquake that struck Sunday off the coast of the Big Island of Hawaii, The Associated Press erroneously reported that there were two earthquakes 20 minutes apart. There was only one …
An earthquake with a preliminary magnitude of 6.5 struck early Monday off the coast of Alaska, the U.S. Geological Survey confirmed. The epicenter was about 114 kilometers east of the village of Chignik, the USGS reported. The depth was reported …
A Southern California beach that was closed more than a week ago because of a leak of crude oil from an undersea pipeline reopened on Monday, far sooner than many expected, City and state beaches in Huntington Beach reopened after …
Apollo Group Holdings Ltd., the largest independent, management-owned business at Lloyd’s, announced it has agreed a $90 million investment by Alchemy Special Opportunities Fund IV LP. Apollo said the investment will support the continued growth in Apollo’s “hybrid model,” which …
The Alabama Department of Insurance will hold a hearing Nov. 16 on a proposed, significant decrease in workers’ compensation loss costs and rating values. A filing by the National Council on Compensation Insurance proposes a 10.5% overall average decrease in …
Authorities are investigating whether two suspicious fires in Vermont are connected. One of the fires happened Saturday at an auto repair shop in Putney, Vermont State Police said. The blaze caused extensive damage to the shop and is believed to …
SECURA Insurance has begun offering its specialty lines products in Pennsylvania. For the initial launch, the company is partnering exclusively with Keystone agencies throughout the state focusing on classes such as special events, sports and recreation, outdoor recreation, human services …
Hub International Limited, a global insurance brokerage and financial services firm, acquired the assets of Safe Harbour Group Ltd. Terms of the transaction were not disclosed. Located in New City, New York, Safe Harbour Group is an independent insurance agency …
The U.S. property insurance market is accumulating cyber exposures that could result in $12.5 billion in non-physical damage losses and cause capital adequacy ratios for some carriers to deteriorate. A study conducted by CyberCube, AM Best and Aon found that …
