Belgian insurer Ageas has retained advisers to explore a bid for British motor and home insurer esure, four people familiar with the matter told Reuters, as part of plans to consolidate the UK personal lines market. Germany’s Allianz has also …
Ageas and Allianz Explore Bid for British Insurance Group esure, Sources Say Read More »
Wholesale & Specialty Insurance Association (WSIA) members elected Phillip McCrorie to serve as 2025-2026 WSIA Chair. McCrorie serves as CEO and chairman of RSUI. He joined the WSIA Board in 2021 and the executive committee in 2024. Others elected for …
People Moves: WSIA Elects Officers Ryan’s McCrorie Becomes Chair Read More »
Tropical Cyclone Jude made landfall on Mozambique’s northeastern coast in the early hours of Monday, bringing damaging winds and torrential rain near the nation’s main coal export terminal. The storm strengthened to the equivalent of a category 1 hurricane with …
Tropical Cyclone Jude Tears Through Northern Mozambique Near Coal Hub Read More »
Hellman & Friedman is looking to raise at least $1 billion in equity from investors for Hub International Ltd., in a potential deal valuing the insurance brokerage at $30 billion, according to people familiar with the matter. The private equity …
H&F’s Seeks $30 Billion Valuation of Hub in Fundraising Read More »
Private credit’s rush to attract money from retail investors is making the sector more vulnerable to the kind of liquidity mismatches found in traditional lenders, the Bank for International Settlements warned in a report on Tuesday. Direct lenders usually provide …
Private Credit’s Push for Retail Money Stokes New Vulnerability Read More »
“Fire took everything, please help.” The headline was one of hundreds like it on GoFundMe campaigns that launched even as the embers of the fires in the Pacific Palisades and Altadena were still smoldering. They were a grim reminder that …
A California City Is Pioneering Urban-Scale Insurance for Climate Disasters Read More »
Chicago-based Hub International, an insurance broker and financial services firm with offices across North America, has acquired another agency in the Southeast. Hub announced that it has acquired the assets of C&L Marine Insurance, based in Boca Raton, Florida. President …
Hub International Acquires C&L Marine Insurance in Florida Read More »
Liberty Specialty Markets (LSM), a division of the US Liberty Mutual Group, and Baobab Insurance, a digital underwriter of technical risks, are offering a new joint e-crime insurance product for small and medium-sized enterprises (SME) in Germany and Austria. LSM …
Markets/Coverages: Liberty Specialty Markets, Baobab Offer E-Crime Cover for SMEs Read More »
Judges for the 5th U.S. Circuit Court of Appeals raised questions this week about the high court’s qualified-immunity doctrine, which critics say has long protected bad law enforcement officers. The 5th Circuit panel of judges ruled that qualified immunity won’t …
In Miss. Case, Federal Appeals Court Shakes Up Qualified Immunity for Police Officers Read More »
A single-engine airplane carrying five people crashed and burst into flames Sunday in the parking lot of a retirement community near a small airport in suburban Pennsylvania, and everyone on board survived, officials and witnesses said. The fiery crash happened …
5 Hospitalized After Small Plane Crashes in Retirement Community Parking Lot Read More »
