News
SageSure Secures $250M in Equity Financing from Amwins, Flexpoint
SageSure, an independent managing general underwriter focused on providing catastrophe-exposed property insurance, announced the close of a $250 million equity investment led by Amwins and Flexpoint ...
Tech Bytes: New Partnerships at Cowbell, Sapiens, Stillwater
Cowbell, a provider of cyber insurance for small and medium-sized enterprises, and Skyward Specialty Insurance Group Inc., a player in the specialty property/casualty market, announced a partnership ...
Despite High Satisfaction Rate, Customers May Still Switch Auto Carriers After a Claim
Though customers may report being very satisfied or satisfied with their overall auto claims experience (94 percent), one-third may still consider switching carriers, according to a newly released ...
10 States Sue Government Over Steep Flood Insurance Rate Increases
Louisiana and nine other states filed a lawsuit against the federal government Thursday to block sharp increases in national flood insurance rates that are slated to be phased in over the coming ...
Appeals Court Won’t Revisit Towers Watson $80M D&O Denial for Willis Merger Lawsuit
A federal appeals court has denied insurance broker Towers Watson a rehearing of a May ruling that found it may not be entitled to $80 million in insurance to cover settlements of shareholder ...
What to Know About the Wildfire Smoke Drifting Into the U.S.
Millions of Americans woke up to apocalyptic, orange skies Wednesday as thick smoke from wildfires in Canada moved across the U.S. Northeast, spawning air quality warnings from Massachusetts to ...
Reduced Drought Severity Lessening Chances for Grim Wildfire Season
The U.S. experienced a below normal number of fires and acres burned this year, according to a national agency tasked with monitoring fire activity in the nation. Above-normal winter precipitation ...
Sources Say Hamilton Insurance Group Mulling Potential IPO, Sale
Hamilton Insurance Group is considering strategic options amid growing momentum for deals involving insurance and reinsurance companies, people familiar with the matter told Reuters. The ...