Philadelphia Insurance Companies announced the acquisition of the Collector Vehicle Division from Ignyte Insurance, a Carlyle backed portfolio company. The transaction, valued at $615 million, is the largest acquisition in the 63-year history of Philadelphia Insurance Companies. The deal includes …
PHLY Makes Largest Acquisition in Its History With Collector Car Business Expansion Read More »
New attributes—electrical panel location, roof life stage, and plumbing materials—enhance underwriting precision and deepen visibility into structural risk. Tampa, FL – October 14, 2025 — PGM Solutions today announced the expansion of its Home Factors property intelligence platform. The latest …
The city of Detroit has agreed to pay $5.85 million to settle a lawsuit over the death of a pedestrian who was struck by a city bus, the second fatality involving the same driver since 2015. Wayne County Judge Kathleen …
Detroit to Pay Nearly $6M in Death Connected to Bus Driver with Many Crashes Read More »
The Texas State Office of Risk Management Board of Directors announced Sara Hays as the newly appointed Executive Director. Hays joins the Office after many years of state service, including Chief of Staff for two state representatives and Budget and …
People Moves: Texas State Office of Risk Management Names Hays as Executive Director Read More »
A North Dakota judge has ordered Greenpeace to pay damages of $345 million, reducing an earlier jury award after it found the environmental group and related entities liable for defamation and other claims in connection with protests of an oil …
North Dakota Judge Says Greenpeace Must Pay $345M in Pipeline Lawsuit Read More »
Thick smoke blanketed a rural community in southern Texas and many residents were ordered to evacuate as firefighters worked to contain a blaze Wednesday evening, officials said. The Mill Fire in Gregory, Texas, about 150 miles (80.5 kilometers) southeast of …
Wildfire Forces Rural Community in Southern Texas to Evacuate Read More »
AM Best has maintained the under review with negative implications status for the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of NASW Insurance Co. (NASWIC) headquartered in Washington, D.C. AM Best said …
AM Best Keeps Credit Ratings of NASW Insurance Co. Under Review Read More »
Insurance broker Aon reported strong third quarter revenue of $4.0 billion, an increase of 7% from $3.7 billion reported for Q3 2024. Organic revenue rose 7% during Q3, which was level with last year’s third quarter, but beat Wall Street …
Aon’s Q3 Organic Growth of 7% Outperforms Expectations Read More »
A huge nuclear deal announced by the Trump administration earlier this week provides a multi-billion-dollar incentive for the U.S. government to issue permits and approvals for new Westinghouse reactors—an unprecedented structure that critics say poses environmental and safety risks. Under …
Deal for Nuclear Reactors Raises Safety Concerns Read More »
North Carolina authorities on Thursday arrested a public adjuster, accusing him of absconding with a $133,000 payout from the insurance carrier following a contentious roof claim. Tyler Dionysius Englin, 26, of Garner, North Carolina, was charged with embezzlement after the …
North Carolina Public Adjuster Charged With Embezzling $130,000 Insurance Payment Read More »
