The National Weather Service has confirmed a second tornado touched down in Delaware during storms earlier this week. The weather service’s office in Mount Holly, New Jersey, announced details from a survey of storm damage late Friday, confirming the second …
London-based broker Aston Lark continues with its buying spree with the purchase of ES Risks Ltd. Financial details of the acquisition were not disclosed. Established in 2007 and based in London, ES Risks is a 45-strong team of dedicated experts …
Truist Insurance Holdings and its wholesale insurance subsidiary CRC Group have closed on the acquisition of Constellation Affiliated Partners, an insurance distribution platform operating seven managing general agents (MGAs) and program managers. The transaction, first announced in May, will add …
Cyber-security teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose software was the conduit. An affiliate of the …
The collapse of a condominium tower near Miami will set off years of litigation as victims and their families look to find fault among the building’s management as well as engineers, architects and others, according to legal experts. Disaster struck …
Bermuda-based Arch Capital Group Ltd., along with investment partners Kelso & Company and Warburg Pincus, announced the completion of the previously disclosed acquisition of Watford Holdings Ltd. Watford and Arch originally announced the signing of a definitive merger agreement on …
Rokstone, the London-based speciality re/insurance managing general agent (MGA), has launched a US$18 million global facultative general marine cargo facility. Backed by A-rated global carriers, the facility includes US$5 million for niche selective cargo treaties, which offers innovative reinsurance capacity …
Businesses have been been clamoring for the government to finally reopen the UK economy. Now that face masks and social distancing will be all but dropped, they have a new set of worries. Industry groups, big and small, largely welcomed …
BRUSSELS – Taxpayers are too often being forced to pay to clean up environmental damage while the companies responsible dodge the costs, the European Court of Auditors said on Monday. The European Union’s executive Commission will propose rules this year …
The family of a toddler who died just three hours after being misdiagnosed at a Branson, Mo., urgent care clinic is receiving $1.8 million in damages. Jurors in Taney County recently awarded Kassie Mcatee nearly $3.2 million in damages in …
