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INSURANCE NEWS
Houston Businessman Sentenced in Arson-For-Hire Scheme
A Houston businessman has been ordered to federal prison for conspiring to commit arson of a commercial building, the U.S. Attorney’s Office, Southern District of Texas announced. Lyndell Leroy Price, 44, was ordered to serve 105 months in federal prison …
Vanguard Claims Administration Acquires Missouri’s Gibson
Vanguard Claims Administration has acquired the business of Gibson & Associates Professional Claims Management, Inc., a Springfield, Missouri-based third-party administrator with a 25-year history in the Lloyd’s and domestic markets. The transaction closed on Oct. 30, 2026. Gibson has built …
People Moves: Brennan Joins Alliant Midwest Benefits Team
Dave Brennan has joined Alliant Insurance Services as senior vice president within its employee benefits group. He will work with employers throughout the Midwest to develop strategic benefits programs that maximize value, address evolving workforce needs, and support broader financial …
Marsh Acquires Marine and Yacht Specialist Triton Agency
Global insurance broker Marsh today announced it has acquired Triton Insurance Agency, LLC, a Newport, Rhode Island-based agency specializing in marine and yacht insurance. Triton will become part of Marsh Agency. Bob Peck, CEO of Triton Insurance Agency, and the …
Chevron Keeps Microsoft Data Center Plan Despite Texas Pause
Chevron Corp. expects to power up a Microsoft Corp. data center project in West Texas on schedule despite Governor Greg Abbott’s suspension of digital infrastructure permits. The energy company is working on permitting, engineering work and financing, Chevron Chief Financial …
Arch Insurance North America Acquires Premier Dealer Services
Arch Insurance North America has entered into an agreement to acquire Premier Dealer Holding Corp., and its subsidiaries including Premier Dealer Services (PDS), a Dublin, Ohio-based provider of automotive Finance and Insurance (F&I) products and services. The acquisition, upon completion, …
Plymouth Rock Snags Awards at NJ Insurance Fraud Investigators Show
Insurer Plymouth Rock took home three awards at the New Jersey Special Investigators Association (NJSIA) annual insurance fraud conference recently. The NJSIA conference brings together special investigations units (SIUs), claim professionals, and law enforcement for training and collaboration on detecting …
Viewpoint: Money for Crop Insurance, Money for Farmers
Precisely two weeks prior to the November 3 midterm elections, the administration announced the creation of a new government program for farmers, the US Department of Agriculture’s “Harvest Fuel Relief Program.” This provides $8 billion in federal subsidies to farmers, …
Data Center Restrictions Make the Ballot in Dozens of US Cities
Voters in dozens of US counties and cities will soon have the chance to help enact policies that would slow down the development of data centers. Municipalities from Nevada to Georgia are giving residents an opportunity to vote for policies …
Munich Re Specialty Enters Australian Primary Specialty Insurance Market
Munich Re Specialty announced its entry into the Australian primary specialty insurance market, providing property, construction & engineering, mining, and surety insurance products to commercial and mid-market clients. Munich Re Specialty said the launch of its Australian business further validates …
Everspan to Sell Providence Washington Shell to RI’s Falvey Group
Everspan Group, a specialty property/casualty insurance platform and wholly owned subsidiary of Octave Specialty Group, Inc., has agreed to sell the admitted shell company Providence Washington Insurance Co. (PWIC) to Rhode Island-based Falvey Insurance Group. New York-based Everspan said the …
Private Jet’s Pilot Reported Turbulence Before Florida Crash
The pilot of a private jet told air traffic controllers the plane was experiencing moderate turbulence and going through some precipitation just before it plummeted at 20,000 feet per minute and crashed into a residential area in Florida, killing all …