Ames & Gough, headquartered in Washington, D.C., appointed equity partners Allison Barefoot and Marguerite Parent as senior vice presidents. Appointed an equity partner of Ames & Gough in 2023, Barefoot, who is based in the Washington D.C. office, has nearly …
People Moves: Ames & Gough Names Senior Vice Presidents Read More »
Brown University has reached an agreement with President Donald Trump’s administration to restore research funding, becoming the latest elite university to strike a deal in the White House’s campaign to remake higher education. Brown said it will pay $50 million …
Brown Reaches $50 Million Deal With White House to Restore Funds Read More »
Allstate Corp. second quarter 2025 net income applicable to common shareholders was about $2.1 billion, far exceeding the $301 million booked for the same quarter a year ago. The result this year reflects an after tax gain of $643 million …
Allstate Q2 Income Eclipses $2B as Auto Turns in Combined Ratio of 86 Read More »
Insurance data analytics and technology firm Verisk said it has an agreement in place to acquire AccuLynx, a software-as-a-service platform designed for residential roofing contractors, for $2.35 billion. Verisk said in a July 30 announcement that both companies play key …
Verisk’s $2.35B Buy of AccuLynx ‘Natural Fit’ for Claims Management Solutions Read More »
Cotality estimates that the recent Central Texas flash floods caused $1.1 billion in damage to residential buildings, with the National Flood Insurance Program providing as much as $135 million in insurance recoveries to home and business owners across the impacted …
Cotality Estimates $1.1B in Damage to Residential Buildings from Central Texas Floods Read More »
This edition of International People Moves details appointments at Liberty Specialty Markets and the broker BMS. A summary of these new hires follows here. Liberty Specialty Hires Nelson, Ciraci and Prout to Boost Renewables Offering Liberty Specialty Markets (LSM), part …
Two Georgia men, denied bond, are in jail awaiting court action after they were charged with possessing a large amount of homemade explosive devices. The Georgia Office of Insurance Commissioner and State Fire Marshal’s Office, along with the Floyd County …
Two Georgia Men Denied Bond After Charged With Large Cache of Homemade Bombs Read More »
South Africa’s state-owned risk insurer, which the government bailed out so it could meet claims stemming from riots four years ago, has built up a 20 billion-rand ($1.1 billion) buffer to safeguard its finances in the event of anticipated future …
South African State Insurer Builds $1.1 Billion Riot Buffer Read More »
A very powerful magnitude 8.8 earthquake off Russia’s Far Eastern Kamchatka coast on Wednesday triggered tsunami warnings as far away as French Polynesia and Chile, and was followed by an eruption of the most active volcano on the peninsula. The …
Huge Quake Rocks Russia’s Far East, Triggering Tsunami Warnings Around Pacific Read More »
Brown & Brown (BRO.N) posted a rise in second-quarter profit on Monday as the insurance broker benefited from higher commissions and fees driven by growing demand. Insurance spending has continued to grow, even as businesses and individuals pull back in …
Brown & Brown’s Profit Climbs on Fee and Commission Growth Read More »
