Bridge Specialty Group, a subsidiary of Florida-based Brown & Brown, Inc., has acquired the assets of Shoemaker & Besser, a managing general agent and wholesale insurance brokerage located in York, Pennsylvania. The announcement said that Shoemaker & Besser team will continue to operate from York, reporting to Jason Haupt, regional president of Bridge Specialty Group’s […]
Bridge Specialty Acquires Pennsylvania Wholesale Broker Read More »
QBE Insurance Group announced it has closed a new catastrophe bond, which provides the re/insurer with $400 million of collateralized reinsurance cover for named storms and earthquakes in the US and earthquakes in Australia and New Zealand. This deal marks the second issuance of notes (Series 2025-2) via QBE’s Bridge Street Re program, which provides
QBE Insurance Sponsors US$400M Catastrophe Bond via Bridge Street Program Read More »
Russia hits ports, bridge in escalating strikes on Ukraine’s Odesa region
Russia hits ports, bridge in escalating strikes on Ukraine’s Odesa region Read More »
Our Bridge Loan Program provides short-term financing for real estate investors and homeowners. Now available in both 1st- and 2nd-lien positions for standalone transactions, this program makes property transitions smooth and efficient. A $149 monthly bridge servicing fee begins after closing and continues only until the loan is fully paid off. Loan amounts up to $1,000,000
Bridge Loan HELOCs – MortgageDepot Read More »
A plastic label on a single loose wire that blocked the wire from being fully connected caused an electrical blackout that led to the fatal collision of the 984-foot-long containership Dali into Baltimore’s Francis Scott Key Bridge in 2024. Investigators from the National Transportation Safety Board (NTSB) yesterday reported that the loose wire in the
Single Loose Wire Led to Blackout That Caused Dali Crash Into Baltimore Bridge Read More »
The National Transportation Safety Board will hold a public board meeting next week to determine the probable cause of the contact of the containership Dali with the Francis Scott Key Bridge and subsequent bridge collapse. The NTSB’s board is expected to vote on the findings, probable cause and safety recommendations as well as any changes
NTSB to Decide Probable Cause of Baltimore’s Key Bridge Collapse Next Week Read More »
Our Commercial Bridge Loan Program is here to help you move quickly and strategically. We now proudly offer bridge financing from $1 million to $10 million for purchase or refinance transactions. With 2- and 3-year interest-only terms, high LTVs, and competitive rates starting at 9.500%, our program delivers the creativity and speed that commercial investors
Commercial Bridge Loans From $1 Million To $10 Million Read More »
The manager of the cargo ship that caused the collapse of Baltimore’s Key Bridge in March 2024 should be denied the protections of a federal maritime law it seeks to invoke because it is not the owner of the ship, the state of Maryland says. The state attorney general and attorneys for wrongful death claimants
Maryland Moves to Deny Liability Limit Sought by Ship Manager in Key Bridge Collapse Read More »
Bridge Loan, Investment Property, Default Tools; Training and Webinars; Job Data Solidifies Fed Rate Cut? The Fed looks at Twitter to gauge the financial sentiment out there? Yes: TFSI! The Federal Reserve certainly finds itself in a maelstrom these days… it’s as if we have nothing else to talk about. This weekend Robbie
Investigators on Tuesday were trying to determine what caused an explosion aboard a cargo ship laden with coal as it departed Baltimore’s harbor for East Africa. Officials said no one was injured in the blast Monday evening, which prompted a mayday call when it was reported near the site of last year’s Francis Scott Key
Baltimore Shipping Channel Reopened After Explosion on Ship Near 2024 Bridge Collapse Read More »