Insurance

Arthur J. Gallagher & Co. announced the acquisition of New Zealand-based RMA General Ltd. (RMA) and its associated insurance broking businesses. Terms of the transaction were not disclosed. RMA provides…

A class action lawsuit filed in Texas alleges GEICO doesn’t abide by its Accident Forgiveness program when a driver with an unblemished record gets into a first, at-fault accident. Texas…

As public perception and the legality of cannabis and other novel psychoactive substances continue to evolve, what emerging risks and litigation should insurance professionals keep an eye on? Last week,…

A Missouri man on Friday admitted stealing railroad equipment on 33 occasions in Missouri and Illinois, costing railroads more than $1.5 million. Jesse Henry, 21, of Laclede County, Missouri, pleaded…

Insurance industry rating analysts from AM Best warn recent softer pricing for directors and officers coverage could begin to affect insurers’ underwriting results. AM Best noted renewal premium for monoline…

Chubb Ltd. agreed to acquire Liberty Mutual Holding Co.’s businesses in Thailand and Vietnam in a deal that would help it boost its presence in Southeast Asia. Chubb plans to…

The Mountain West Conference said it is seeking mediation in the lawsuit the Pac-12 filed against it in an attempt to avoid paying $55 million in “poaching” fees for bringing…

Chesapeake Employers’ Insurance Co. has filed for an 8% net rate decrease with the Maryland Insurance Administration (MIA) effective April 1, 2025. The nonprofit company, which is the state’s insurer…

Most insurance executives surveyed last year believe they have “an ethical obligation” to close the protection gap—and also believe that “lack of trust in the insurance industry” is a key…

This edition of International People Moves details appointments at Price Forbes Re and AXA XL. A summary of these new hires follows here. Price Forbes Re (PF Re) announced the…