Pennsylvania-based specialty insurance provider Novacore announced the addition of Euclid Design Underwriters to its Professional Underwriters Agency (PUA) program. Euclid Design Underwriters is a specialized managing general agent focused on errors and omissions (E&O) coverage for architects, engineers and design …

Extreme weather will likely spur more than $20 trillion in global spending over the next decade, boosting sales and earnings for reinsurers and companies involved in energy efficiency and climate security, according to analysts at Bloomberg Intelligence. Returns for a …

King Risk Partners has acquired The Roberts Agency, Inc., an independent insurance agency specializing in the construction industry that is based in Bloomfield, Connecticut. This partnership strengthens King Risk Partners’ presence in Connecticut while expanding its construction insurance and surety …

The Texas Department of Public Safety on Monday lifted a restriction on commercial drivers licenses and permits for immigrants with temporary agriculture work visas and removed the Spanish language option for CDL tests following changes in federal requirements. In September, …

The Oklahoma Workers’ Compensation Commission is alerting residents of a scam targeting injured workers. Scammers have contacted injured workers by phone, text message, or social media by claiming to be a workers’ compensation attorney, according to the commission. The scammer …

A month after President Donald Trump announced — and then abandoned — a plan to escort commercial ships through the Strait of Hormuz, the US military is trying less public ways of protecting vessels in the vital waterway. Rather than …

The value of uninsured natural-catastrophe losses rose more than 7% globally last year to $424 billion, with North America the most exposed region, according to a fresh analysis. While insurance coverage has broadly kept pace with rising catastrophe exposure, the …

A proposed settlement between Elon Musk and the Securities and Exchange Commission to end the agency’s Twitter Inc. stake lawsuit came after almost a year of negotiations, attorneys for the agency said Monday after a judge raised concerns about the …

The Fortegra Group said its acquisition by South Korea’s DB Insurance Co. has been completed. Jacksonville, Florida-based Fortegra will operate independently and keep its existing leadership team as well as distribution relationships. “Agents, distribution partners, and customers will continue to …

Brokerage Acrisure has filed a federal lawsuit, accusing a former employee of using employees and intellectual property to peal away at least 50 clients to a company he started—named after one Acrisure acquired in 2016. The Grand Rapids, Michigan-based global …

More than 97,000 Connecticut residents will receive letters in the mail starting this week informing them that some or all of their medical debt has been erased. Governor Ned Lamont’s administration launched the program in partnership with the national nonprofit …

Buckner is opening its eighth office location, this one in St. George, Utah. Jameson Carr will help lead Buckner’s expansion efforts in Southern Utah. Salt Lake City-based Buckner is a regional brokerage with more than $50 million in reported annual …