Just over a month since insurance brokerage Arthur J. Gallagher & Co. said it had a definitive agreement in place to buy Woodruff Sawyer for $1.2 billion, the deal is closed. Gallagher said April 10 that the acquisition of San …
Arthur J. Gallagher Completes Buy of Woodruff Sawyer Read More »
Dallas-based Novatae Risk Management, part of World Insurance Associates, has purchased Ajax Specialty Insurance, a wholesaler based in Atlanta. Andy Bierbaum is the owner of Ajax. He founded the company in 2012 and in 2018 brought in co-owner and partner …
Novatae Risk Buys Up Ajax Specialty Insurance in Atlanta Read More »
Resilience, the specialist in cyber risk solutions, announced the introduction of coverage for technology errors and omissions (tech E&O) in the UK and Europe, supported through a new partnership with Accredited Insurances. Resilience now offers tech E&O coverage for clients …
Markets/Coverages: Cyber MGA Resilience Launches Tech E&O Cover in UK and EU Read More »
The US has decided – again – to upend the global trading system. With the latest raft of tariffs just beginning to kick in, and after a week in which markets worldwide fell precipitously, the Trump administration announced that it …
Hopes of ‘Brexit Benefit’ From Tariffs in UK Were Short-Lived Read More »
Sweden ousted the country’s chief financial regulator amid a controversy over an apparent conflict of interest. Daniel Barr, head of the Financial Supervisory Authority, will leave his position on June 19 to work at another government office, according to a …
Sweden Ousts Top Financial Services Regulator After Public Outcry Read More »
Sarah Palin and the New York Times are headed back to a courtroom where the former Alaska governor and Republican vice presidential candidate will try convincing a second jury the newspaper defamed her in an editorial about gun control. A …
Sarah Palin, New York Times to Face Off in Defamation Retrial Read More »
Willis, a WTW business headquartered in New York City, appointed Dom Spinelli as head of transactional insurance claims for North America. He leads the claims function within Willis’ Alternative Asset Insurance Solutions (AAIS) industry vertical division, overseeing the entire life …
Billionaire investor Warren Buffett’s Duracell battery maker was accused by chemical producer BASF SE of stealing trade secrets about lithium ion battery technology. BASF, the world’s biggest chemical maker by revenue, claims in a lawsuit that Duracell, owned by Buffett’s …
Buffett’s Duracell Sued by BASF Over Lithium Battery Secrets Read More »
James “Jay” Robinson, formerly with Aon, has joined World Insurance Associates as Southeast division revenue leader, the brokerage announced. Robinson has more than 20 years of experience in the insurance industry and recently was senior vice president and sales director …
People Moves: World Insurance Names Robinson SE Revenue Leader Read More »
The Pennsylvania Insurance Department (PID) has approved a workers’ compensation filing with an 8.67% reduction in loss costs. New or renewal policies issued on or after April 1, 2025 will be subject to the new loss costs. Because loss costs …
Pennsylvania Approves Workers’ Compensation Loss Costs Drop of 8.67% Read More »
