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Historic Minnesota Resort Owner Charged with Arson and Insurance Fraud
The owner of a historic Minnesota resort has been charged with arson and insurance fraud more than a year after a fire destroyed the property. Bryce Campbell, 41, of Two Harbors, Minn., was taken into custody last Wednesday in Southfield, …
POSTED DECEMBER 09, 2025 3:30 PM |
WalkerHughes Acquires Illinois’ Benhoff Insurance Agency
WalkerHughes Insurance, a privately held, founder-led retail insurance brokerage, announced its expansion into Illinois with the acquisition of Benhoff Insurance Agency, well-established personal lines brokerage based in Breese, Illinois. Benhoff Insurance Agency, led by longtime owner Bruce Benhoff, has served …
POSTED DECEMBER 09, 2025 3:25 PM |
Aviva Seeks Partner for New City of London Skyscraper Project
Aviva Plc has kicked off the search for a partner to help fund a planned new skyscraper in the heart of the City of London’s insurance district, as it aims to tempt investors willing to make a bold bet that …
POSTED DECEMBER 09, 2025 3:20 PM |
Bankers Readying US IPOs at ‘Overwhelming’ Pace Ahead of 2026
Behind the scenes activity in the US IPO market is reaching a fever pitch, according to dealmakers, as companies lured by stock markets near record highs prepare to go public. The industry has been busy lining up underwriting mandates from …
POSTED DECEMBER 09, 2025 3:13 PM |
Europe Agrees to Drastic ESG Cuts After US Pressure Intensifies
The European Union reached a tentative deal to slash ESG requirements, as the bloc faces intensifying pressure from the US to rein in such rules amid ever-present trade tensions. In late-night talks, representatives of member states and the EU parliament …
POSTED DECEMBER 09, 2025 2:50 PM |
CSMV Underwriting Launches in Florida: Part Brokerage, Part Program Manager
After seeing some of the frustration that insurance agents run into, the head of a well-known south Florida agency has launched a hybrid vehicle – part brokerage and part program manager. CSMV Underwriting Managers, based in Tamarac, near Fort Lauderdale, …
POSTED DECEMBER 09, 2025 2:35 PM |
Archdiocese of New York Pledges $300M to Settle Clergy Sex Abuse Claims
The Archdiocese of New York announced it is establishing a $300 million fund that it intends to use to pay for a global settlement of most of the 1,300 lawsuits it still faces from victims of clergy sexual abuse. The …
POSTED DECEMBER 09, 2025 2:18 PM |
Japan Removes Tsunami Warnings After Powerful Quake in North
Japanese authorities ended all tsunami warnings after a powerful magnitude-7.5 quake struck off the coast of Aomori, in the northeast of the country, late on Monday. Waves as high as 70 cm (28 inches) were recorded in the region earlier, …
POSTED DECEMBER 09, 2025 1:44 PM |
Swiss Insurer Helvetia Baloise to Cut Up to 2,600 Jobs Following Merger
Newly created Swiss insurer Helvetia Baloise plans to cut up to 2,600 jobs in the coming years to boost profitability, a person familiar with the matter told Reuters on Tuesday. Switzerland’s largest multi-line insurer, with a combined market cap of …
POSTED DECEMBER 09, 2025 1:30 PM |
Viewpoint: Mapping Evolving Regulatory Terrain for MGAs, MGUs and Other DUAEs
As the regulatory landscape around the delegated underwriting authority enterprise (DUAE) market evolves, global authorities have introduced stricter compliance measures, risk management expectations and governance frameworks. The increasing alignment with international regulatory standards highlights the trend toward enhanced oversight of …
POSTED DECEMBER 09, 2025 8:57 AM |
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