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AssuredPartners Acquires Indianapolis’ CoLiance Risk Advisors

Lake Mary, Fla.-based AssuredPartners Inc. has acquired CoLiance Risk Advisors through its AssuredPartners of Indiana subsidiary. The Indianapolis-based agency will operate under the local leadership of Managing Director Judd Feldman. CoLiance is a full service commercial property and casualty and …

Penn. Gov. Wolf Seeks State Authority Over Health Insurance Marketplace

Pennsylvania Gov. Tom Wolf’s administration said Tuesday it has formally applied to take over the operation of Pennsylvania’s health insurance marketplace as the Democrat seeks a bulwark against the potential loss of health insurance subsidies for hundreds of thousands of …

UPDATE: Hurricane Blanca Weakens off Mexico Coast; Bound for Baja Resorts

Hurricane Blanca weakened slightly off Mexico’s Pacific coast on Thursday but could restrengthen as it continues moving toward tourist resorts at the southern tip of the Baja California peninsula, the U.S. National Hurricane Center said. Blanca, the second hurricane to …

May U.S. Storm, Tornado Claims over $1Bn: Aon Benfield/Impact Forecasting

Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its latest Global Catastrophe Recap report for the month of May. The report highlights the “powerful thunderstorms” that caused “major flooding across the U.S. states of Texas and Oklahoma during …

Oregon Husband of Pregnant Woman Killed in Crash Sues For $18M

The husband and the son of a pregnant woman who died in a rollover crash seek up to $18 million in a wrongful death lawsuit filed against three businesses, including the maker of a tire that blew during an Oregon …

Hub Acquires Assets of Shofner, Lynch & Shulse in New Mexico

Hub International Ltd. has acquired the assets of New Mexico-based Shofner, Lynch & Shulse. SLS will become part of the operations of Hub International New Mexico, which is based in Albuquerque. SLS will maintain its operations in Alamogordo, marking Hub …

Report: More Than 6.6M Atlantic and Gulf Coast Homes at Risk of Storm Surge

More than 6.6 million homes on the Atlantic and Gulf coasts are at risk of hurricane storm surge with a total reconstruction cost value estimated to be nearly $1.5 trillion, according to a report released today. Property analytics and data …

Lloyd’s Agency Ascot Appoints Casualty Fac Team for Ascot Underwriting in U.S.

Ascot Underwriting Ltd., the London-based Lloyd’s managing agency, has appointed Scott Beall as chief underwriting officer of casualty facultative and Lex Smart as senior vice president of Ascot Fac. The team will report to Rory Cline, president of Ascot Fac, …

EXOR Files Suit to Get PartnerRe’s Shareholder List; Takeover Battle Heats Up

EXOR, the Turin, Italy-based investment company and a suitor in the ongoing takeover battle of PartnerRe, filed a lawsuit on June 1 in the Supreme Court of Bermuda, seeking to obtain PartnerRe’s list of shareholders in order to make sure …

UPDATE: Owner of Capsized China Ship Told to Dock Second Vessel, Inspect Fleet

The owner of a ship that capsized on China’s Yangtze River with 456 people aboard has been ordered to suspend operations of a second boat and carry out safety probes on its entire fleet, an official at the Yangtze river …

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