B.P. Marsh & Partners Plc, the specialist private equity investor, announced it is investing in a new collateralized reinsurer that aims to support growth in its long-time investee company XPT Group, the U.S. wholesale insurance broking and underwriting agency platform. …
PE Firm B.P. Marsh Invests in New Collateralized Reinsurer to Support Growth of XPT Read More »
The National Football League cannot force Minnesota Vikings defensive coordinator Brian Flores’ racial bias claims into an arbitration controlled by the league, a federal appeals court ruled on Thursday. In a 3-0 decision, the 2nd U.S. Circuit Court of Appeals …
NFL Cannot Force Black Coach’s Racial Claims Into Arbitration, Says Appeals Court Read More »
The partial collapse of a waste dam at a Chinese state-owned copper mine in Zambia may have released 30 times more toxic sludge into the environment than previously reported, according to an independent evaluation of the disaster. At least 1.5 …
Toxic Spill at China-Owned Zambian Mine 30 Times Worse Than Estimated Read More »
Delivery drones are so fast they can zip a pint of ice cream to a customer’s driveway before it melts. Yet the long-promised technology has been slow to take off in the United States. More than six years after the …
Delivery Drones May Soon Take Off With New FAA Rule Read More »
According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the second quarter 2025 rose by 3.7%–down from the average increase of 4.2% from the first three months of 2025. …
Softening Continues for Most Commercial P/C Lines in Q2, Says CIAB Read More »
Dan Loeb has won a vote to turn his UK investment trust into a life and annuity reinsurance company, defying a fierce backlash from some shareholders. A majority of investors backed a plan for London-listed Third Point Investors to acquire …
Third Point’s Dan Loeb Wins Vote to Turn London-Listed Fund Into Reinsurer Read More »
The world may be about to shift into a La Niña weather pattern, a development that would increase the risk of storms in the Atlantic as the height of hurricane season approaches there. Forecasters at the US Climate Prediction Center …
Rising La Niña Odds Point to More Hurricanes in the Atlantic Read More »
Florida Peninsula Insurance Co., the ninth-largest property insurance carrier in the state with some 189,000 policies in force, announced it had filed for some of the largest rate decreases since landmark legislative changes were enacted two years ago. The Sarasota-based …
Florida Peninsula Files for 8.4% Cut in HO Rates, 12% Drop in Condo Owners’ Read More »
A Port Jervis, New York man recently entered a guilty plea to charges he collected more than $42,000 in workers’ compensation benefits issued to his deceased mother. New York State Inspector General Lucy Lang announced the July 31, 2025, guilty …
Son Cashed Mom’s Workers’ Comp Checks After She Died Read More »
Michigan-based Brightstone Specialty Group announced its acquisition of RMS Hospitality Group and its affiliated claims firm, Fortis Risk Solutions, from RMS Insurance Brokerage, LLC. The acquisitions expand Brightstone’s presence in the franchise food, hospitality and restaurant sectors. RMS Hospitality Group …
Brightstone Specialty Acquires RMS Hospitality and Fortis Risk Read More »
