Aon has appointed former Newfront and Marsh executive Wendy Cook as its middle market broking leader for US commercial risk, The Insurer can reveal.
Lockton Re has launched a segment dedicated to programs and MGAs in the US, under the leadership of Jeff Fleming.
Arthur J. Gallagher has continued its agency roll-up strategy with deals to acquire Austin, Texas-based Howe Insurance Group LLC, operating as DMc Insurance Partners and Portland, Oregon-based Durham & Bates Agencies, Inc. (Durham & Bates).
Louisiana-based workers' compensation carrier LWCC has acquired AM Best "A" rated sector rival Prescient National.
CCRIF SPC has paid out $805,794 to the government of Belize following rainfall association with Tropical Storm Sara.
Insurance Bureau of Canada (IBC) president and CEO Celyeste Power has criticised the country's ruling government for its failure to include funding to support the launch of a national flood insurance program in its Budget 2024.
American Transit Insurance Company (ATIC), the largest insurer of taxis and rideshare vehicles in New York City, filed a lawsuit on Tuesday seeking over $150mn in compensatory and punitive damages from 180 defendants in the New York and New Jersey area, accusing them of conspiring to submit thousands of fraudulent insurance claims.
Carlyle-backed property casualty and employee benefits brokerage The Hilb Group acquired a P&C business in Texas, effective 1 December, expanding in the central region.
California insurance commissioner Ricardo Lara has enforced his catastrophe modelling and ratemaking regulation, which is a central part of his Sustainable Insurance Strategy to increase coverage in wildfire-distressed areas of the state.
Trucordia has acquired the insurance business of family-owned brokerage Richard King Insurance Agency, based in Powhatan, Virginia.
Law firm Locke Lord has added Nicholas Scott, former Everspan general counsel and chief compliance officer, to its regulatory and transactional insurance practice group.
Hub International Limited has acquired the assets of Oregon-based agribusiness specialist Great Basin Insurance.
International law firm DAC Beachcroft (DACB) is poised to set up shop in the US next year after drafting in a team of 30 staff, including insurance attorneys from two separate firms who will operate from newly established locations in New York and Los Angeles.
Private equity-backed broker King Risk Partners has acquired Duluth, Georgia-based insurance agency Talbert Insurance Services.
US retail broker Highstreet Insurance Partners has acquired Collum Insurance Group, LLC, a Richardson, Texas-based personal lines agency.