Insurance

The US Justice Department is investigating the PGA Tour over potential antitrust violations related to its ongoing dispute with a Saudi-backed rival circuit. The department’s antitrust division has sent inquiries to golfers’ agents about the tour’s bylaws on participating in …

One in six United Kingdom households (4.4 million) are now in “serious financial difficulties” compared to one in 10 (2.8 million) in October 2021 – an additional 1.6 million households, according to a survey analysis by academics at University of …

Cinven has completed fundraising for its first dedicated financial-services fund, collecting 1.5 billion euros ($1.5 billion) in a rare move by a private equity firm to start an industry-focused pool. The UK buyout firm has reached the final close for …

Agency partnership organization Ensurise announced the merger of the Washington. D.C.-based independent insurance agency Howard & Hoffman, Inc. The merger with Howard & Hoffman, which became effective June 1, 2022, expands Ensurise’s operations in the Washington, D.C. metropolitan area. Howard …

Berlin insurtech wefox reports it has closed a Series D funding round of US$400 million and increased its valuation to US$4.5 billion. The round included both equity and debt. Abu Dhabi sovereign investor Mubadala Investment Co. led the equity portion …

Insurance broker WTW reported its acquisition of Butterwire, a provider of data analytics, artificial intelligence and machine learning platforms. Based in Glasgow, Scotland, the financial analytics company will become a part of WTW’s Climate and Resilience Hub. Terms were not …

U.S. consumers see inflation rising further in the year ahead but expect a more moderate pace over the longer term in a signal that inflation expectations – a key dynamic being closely watched by Federal Reserve officials – remain reasonably …

Grand Rapids, Michigan-based fintech Acrisure has purchased the naming rights of the Pittsburgh Steelers’ home field, which will be known as Acrisure Stadium. No financial terms for the 15-year deal were announced. Acrisure will take over the name rights immediately. …

Starting in January 2024, company directors will have to give investors stronger reassurance that annual reports are free of fraud after collapses at retailer BHS and builder Carillion, Britain’s accounting watchdog said on Tuesday. The British government said in May …

Nine health care workers who sued Democratic Maine Gov. Janet Mills over the state’s COVID-19 vaccine mandate have until Money to reveal their identities. The workers have so far remained anonymous, but on Thursday, a federal appeals court in Boston …