Fortegra Financial Corporation (NYSE: FRF), announced today that it has reached a definitive agreement to sell Bliss & Glennon, an excess and surplus lines wholesale insurance broker and managing general agency, and eReinsure, an online ...
Tags: Service
The UK International Underwriting Association (IUA) has urged the US government to keep providing its support for writing of terrorism insurance. "Without a renewal of the Terrorism Risk Insurance Act (TRIA), private provision of ...
Tags: Insurance
First Capital-AWIS and Hudson Insurance Group have jointly launched new insurance services professional liability primary and excess facility for brokers and policyholders. Underwritten by Hudson and administered exclusively by First ...
Tags: First Capital, Liability Facility
Arthur J Gallagher & Co, a US-based insurance brokerage and risk management services firm, has purchased UK–based Property & Commercial Limited from Barbon Insurance Group, in a bid to further strengthen its operation in the country. ...
Canadian Broker Network (CBN) has signed an agreement to acquire Intact Financial's affiliate South Western Insurance Group Limited. Terms of the transaction were undisclosed and is likely to close by the end of the year. Canadian ...
Tags: insurance group, acquisition agreement, brokerage industry
The UK Financial Services Authority (FSA) has fined Japan's Mitsui Sumitomo Insurance's European unit (MSIEu) and banned its former executive chairman, Yohichi Kumagai for serious corporate governance failings. The UK watchdog has fined ...
Tags: Financial Services Authority, Mitsui Sumitomo Insurance, watchdog
US wholesale insurance broker AmWINS Group has completed the recapitalization with New Mountain Capital, a New York‐based private equity firm. AmWINS CEO Steven DeCarlo said the newly established partnership is an important next ...
Tags: wholesale insurance, AmWINS Group, recapitalization, equity firm
CRC Insurance Services, Crump Insurance Services, and R-T Specialty said that all the parties have resolved all existing disputes between them. All the three parties said that the conflicts have been resolved on a global, confidential ...
Tags: CRC, Crump Insurance Services, R T Specialty, dispute, insurance