Mergers and acquisitions among insurance brokers and agents declined 18% in the first quarter, falling to...
Bankman-Fried sentenced to 25 years for multibillion-dollar FTX fraud
) — A federal judge Thursday sentenced Sam Bankman-Fried to 25 years in prison for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency...
) — A federal judge Thursday sentenced Sam Bankman-Fried to 25 years in prison for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency...
Article / 29 days ago
Former insurance commissioner pleads guilty in health fraud case
Former Georgia Insurance Commissioner John W. Oxendine on Friday pleaded guilty to conspiracy to commit health care fraud and agreed to pay $699,864 in restitution to health insurers in...
Former Georgia Insurance Commissioner John W. Oxendine on Friday pleaded guilty to conspiracy to commit health care fraud and agreed to pay $699,864 in restitution to health insurers in...
Article / 1 month ago
Texas justices say $220M settlement not binding on insurers
The Supreme Court of Texas ruled Friday that a $220 million settlement agreement between an oil and gas exploration company and investment funds cannot be...
The Supreme Court of Texas ruled Friday that a $220 million settlement agreement between an oil and gas exploration company and investment funds cannot be...
Article / 2 months ago
Mosaic launches coverage for asset managers
Bermuda-based Mosaic Insurance Holdings Ltd. Thursday launched a range of financial and professional coverages for asset managers, funds and associated directors with up to $25 million in limits....
Bermuda-based Mosaic Insurance Holdings Ltd. Thursday launched a range of financial and professional coverages for asset managers, funds and associated directors with up to $25 million in limits....
Article / 2 months ago
Fortegra shelves IPO plans again amid economic uncertainty
Specialty insurance company Fortegra Group has withdrawn its plans for an initial public offering in the United States, a regulatory filing showed Wednesday, nearly three years after the company...
Specialty insurance company Fortegra Group has withdrawn its plans for an initial public offering in the United States, a regulatory filing showed Wednesday, nearly three years after the company...
Article / 3 months ago
Zurich names head of excess and surplus financial lines
Zurich North America said Tuesday it has hired Carrie Goesel, formerly with CNA Financial Corp., as head of excess and surplus financial lines....
Zurich North America said Tuesday it has hired Carrie Goesel, formerly with CNA Financial Corp., as head of excess and surplus financial lines....
Article / 3 months ago
Bank wins Ponzi scheme settlement coverage appeal
An Ohio bank can claim insurance coverage from an American International Group Inc. unit for a settlement it paid to end litigation related to a Ponzi scheme it was caught up in in the early 2000s, a...
An Ohio bank can claim insurance coverage from an American International Group Inc. unit for a settlement it paid to end litigation related to a Ponzi scheme it was caught up in in the early 2000s, a...
Article / 3 months ago
ADM shareholder sues company, execs for fraud
A shareholder of Archer-Daniels-Midland has sued the commodities trader in U.S. federal court, days after the company’s stock plunged 24% on news that a securities regulator was...
A shareholder of Archer-Daniels-Midland has sued the commodities trader in U.S. federal court, days after the company’s stock plunged 24% on news that a securities regulator was...
Article / 3 months ago
Everest creates private equity practice
Everest Insurance, the insurance division of Everest Group Ltd., Thursday said it has established a private equity practice to serve the needs of private equity sponsors and their portfolio companies in...
Everest Insurance, the insurance division of Everest Group Ltd., Thursday said it has established a private equity practice to serve the needs of private equity sponsors and their portfolio companies in...
Article / 3 months ago
Gallagher acquires German financial lines broker Köberich
Arthur J. Gallagher & Co. has acquired German specialty broker Köberich Financial Lines GmbH & Co. KG as it continues to expand in Europe....
Arthur J. Gallagher & Co. has acquired German specialty broker Köberich Financial Lines GmbH & Co. KG as it continues to expand in Europe....
Article / 4 months ago
