Canadian MGA Revau Announces Partnership With US-Based Brazos and Twenty Mile: Canadian property/casualty managing general agent Revau said it has formed a strategic partnership with MGAs Brazos Specialty Risk Insurance and Twenty Mile ...
Date: May 12, 2025
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Legislation Reintroduced to Lift Federal Spending on Crop Insurance Premiums: Legislation was reintroduced in both chambers of the U.S. Congress to increase the amount of federal money spent to cover premiums for certain crop insurance ...
Date: May 12, 2025
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OIG: Amtrak Employees Colluded With Doctors in Its Largest-Ever Health Care Fraud Ring: At least 119 Amtrak employees conspired with New York health care providers in a "widespread scheme" that cost its health care plan more than $12 million from ...
Date: May 12, 2025
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ICA: Claims From Recent Australia Storms Reach $960 Million: Insured losses reached nearly A$1.5 billion ($960 million) from 126,000 claims related to Cyclone Alfred in March and February North Queensland floods, ...
Date: May 12, 2025
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Optio Group Acquires UK MGA Custodian Management: Managing general agent platform Optio Group said it has acquired U.K.-based MGA Custodian Management Ltd.
Terms of the transaction were not disclosed, and ...
Date: May 09, 2025
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NY Appeals Court: Contract's 'Center of Gravity' Guides Legal Jurisdiction for Insurance Disputes: The New York Supreme Court Appellate Division affirmed a lower court’s ruling that a contract’s “center of gravity,” or jurisdiction with the most significant ...
Date: May 09, 2025
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Suncorp Weather Cat Losses Reach $720.8 Million: Fifteen catastrophic weather events generated an estimated A$1.12 billion ($720.8 million) in losses for the 10 months through the end of April, Suncorp Group ...
Date: May 08, 2025
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South Carolina Lawmakers Pass Liquor Liability Legislation: The South Carolina Legislature passed legislation to address the state’s liquor liability insurance challenges, which threatened the viability of bars, ...
Date: May 08, 2025
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Greenlight Re CEO: Wildfire Losses May Withstand Tariff Effects: Investment income drove up Greenlight Capital Re Ltd.'s first-quarter net income despite a $23.6 million estimated loss from the California wildfires that put ...
Date: May 08, 2025
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Liberty Mutual First-Quarter Net Income Drops 33.2% on $1.2 Billion Loss From LA Wildfires: Liberty Mutual Holding Co. Inc.'s attributable net income declined 33.2% to $1.03 billion after the carrier incurred $1.2 billion in estimated pretax losses ...
Date: May 08, 2025
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