Insurance

Arthur J. Gallagher & Co. Acquires Minnesota’s Bremer Insurance Agencies

Life Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Arthur J. Gallagher & Co. announced the acquisition of St. Paul, Minnesota-based Bremer Insurance Agencies, Inc. Terms of the transaction were not disclosed. Bremer Insurance Agencies, a subsidiary of Old National Bancorp (NASDAQ:ONB) following the completion of Old National’s acquisition of Bremer Bank, is a property/casualty insurance broker serving commercial, agricultural and personal lines clients […]

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SageSure and Affiliate to Acquire Olympus MGA and Olympus Insurance in Florida

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SageSure and Affiliate to Acquire Olympus MGA and Olympus Insurance in Florida

In a three-way deal involving carriers, underwriters, holding companies and more, catastrophe-focused managing general underwriter SageSure announced it will acquire the managing general agent for Florida-based Olympus Insurance Co. At the same time, the parent company for SageSure’s carrier partners Auros and Interboro Insurance will take over Olympus Insurance Co., the companies said early Wednesday.

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Lincoln International Agrees to Buy Insurance Brokerage Advisory MarshBerry

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Lincoln International Agrees to Buy Insurance Brokerage Advisory MarshBerry

Lincoln International, a global investment banking advisory firm, said it has a definitive agreement to acquire MarshBerry, an advisory firm serving the insurance brokerage, insurance distribution, and wealth management sectors for over 40 years. Lincoln said Woodmere, Ohio-based MarshBerry will bring a suite of specialized services, including investment banking, consulting and growth advisory, market intelligence,

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Florida Farm Manager Pleads in ‘Insurance Farming’ Scheme. Insurance Agent Next?

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Florida Farm Manager Pleads in ‘Insurance Farming’ Scheme. Insurance Agent Next?

In a wide-ranging scheme that prosecutors are calling “insurance farming,” a former manager for one of the larger agricultural operations in Florida is now awaiting a sentencing hearing in December. Christopher Lee, 49, from the Naples area, on Aug. 26 pleaded guilty to more than $1.1 million in crop insurance fraud, part of a federal

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Insurance Firm Definity Financial Readies C$1 Billion Debt Sale

Life Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Definity Financial Corp. plans to sell around C$1 billion ($723 million) of debt in two parts as it prepares to close the acquisition of Travelers Canada, according to people familiar with the matter. The senior notes will be sold in five- and 10-year tranches, the people said, asking not to be identified discussing private details.

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UConn Law Launches Graduate Certificate in Insurance Law

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UConn Law Launches Graduate Certificate in Insurance Law

The University of Connecticut School of Law is launching a new Graduate Certificate in Insurance Law for legal and insurance professionals seeking advanced knowledge in one of Connecticut’s most vital sectors. Enrollment is now open for the Spring 2026 semester. Developed by the Insurance Law Center at UConn Law, the school says the certificate is

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Former California Insurance Commissioner Carries on Climate Change Crusade

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Former California Insurance Commissioner Carries on Climate Change Crusade

When Dave Jones first started talking about climate change and what insurers should be doing about it some 15 years ago, the response could be thought of as something akin to a collective shrug. There wasn’t much to say. Insurance policies were renewed annually, and the effects of global warming that would become bad enough

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Marine insurers risk being left behind in dash to AI :: Insurance Day

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Marine technology

Marine insurance risks being left high and dry as artificial intelligence (AI) transforms the wider insurance scene, the International Union of Marine Insurance conference has been told. The remarks from Rahul Khanna, global head of marine risk consulting at Allianz, were delivered at the event’s data and digitalisation forum. Khanna, who chairs the forum, argued

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California Insurance Commissioner’s Conservation & Liquidation Office Issues RFP Seeking Independent Consultant for Rehabilitation Plan for Conserved Insurer

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California Insurance Commissioner’s Conservation & Liquidation Office Issues RFP Seeking Independent Consultant for Rehabilitation Plan for Conserved Insurer

The California Insurance Commissioner’s Conservation and Liquidation Office (CLO), as Conservator of California Insurance Company (CIC), is seeking an Independent Consultant to assist the Conservator in performing Section 2.6 and Schedule 2.6 of the Rehabilitation Plan for CIC, a workers’ compensation insurer conserved following its attempted unlawful merger into a New Mexico company. Schedule 2.6

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