Two new reports highlight the stagnant mergers and acquisitions in the insurance industry in 2024. In fact, global insurance carrier M&As slumped to a 16-year low in 2024 amid a wave uncertainty and volatility through the year, Clyde & Co.’s …
Global Instability Leads to 16-Year Low for Insurance Carrier M&A Deals Read More »
USG Insurance Services, a national wholesaler and managing general agent, has hired Joshua Reinhold as associate producer and broker in its Tampa office – another step in the company’s nationwide expansion plans. Reinhold has seven years of experience in the …
USG Insurance Services Adds Reinhold to Tampa Office Read More »
CANTON, Miss. (AP) — A medical helicopter that crashed in a wooded area in Mississippi reported “a flight control problem” shortly before a Monday crash that killed all three people on board, federal authorities said. The pilot was going to …
Medical Chopper Reported Flight Control Problem Before Fatal Crash in Mississippi Read More »
A plan to rescue three troubled New Jersey hospitals from bankruptcy is being challenged by their former owners, who claim mismanagement and an unfair land deal have tainted the reorganization. The bankruptcy-exit plan for CarePoint Health Systems pays too much …
Rescue Plan for Bankrupt New Jersey Hospitals Under Threat Read More »
Southern California Edison will begin its first close-up physical inspections of certain power equipment under investigation for possible links to the start of the Eaton Fire in Los Angeles early this year, Edison International CEO Pedro Pizarro told Reuters at …
Next Round of Inspections in LA Fire Expected Next Week, Edison CEO Says Read More »
News Corp. has been sued by Google search engine rival Brave Software, which seeks to forestall a lawsuit by Rupert Murdoch’s company for when readers are directed to copyrighted articles from the Wall Street Journal and New York Post. In …
News Corp. Sued by Google Search Engine Rival Brave Software to Defend Its ‘Fair Use’ Read More »
Satellite Agency Network Group, Inc. (SAN), headquartered in Hampton, New Hampshire, appointed Michael Sakraida as regional vice president for Massachusetts, New Hampshire and Maine. With more than 15 years of experience in the insurance industry, Sakraida most recently served as …
People Moves: SAN Names Sakraida Regional VP; Washington Named Pro-Praxis VP Read More »
Maryland’s insurance regulator has settled a long-running dispute with Erie Insurance Group over the insurer’s practices involving some urban agents and their insureds. The Maryland Insurance Administration said its market conduct examination that was actually conducted four years ago uncovered …
