Insurance Tips and Guides

Iowa School District Suing Firm That Vetted Superintendent as Criminal History Emerges

Federal authorities said the superintendent of Iowa’s largest school district had a history of criminal charges before his arrest by immigration agents last week, which shocked the community and prompted the school board to sue the consulting company it hired …

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SiriusPoint Sells MGA, Arcadian Risk Capital, for $139M, Forms Long-Term Capacity Deal

SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced an agreement to sell its 49% equity stake in managing general agent, Arcadian Risk Capital to private equity firm Lee Equity Partners for a total consideration of $139 million, inclusive of …

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Global Indemnity’s Penn-America Underwriters Launches its First Reinsurance MGA

Global Indemnity Group LLC (GBLI) announced that its subsidiary, Penn-America Underwriters LLC, is launching its first reinsurance managing general agency (MGA), in partnership with veteran reinsurance executive George Dragonetti, who will also serve as president of the new unit. Penn-AmericaUnderwriters …

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