Commercial auto insurer Lancer Insurance Co. has agreed to merge with another specialty insurer, Core Specialty, where it will operate under its own brand name as Core Specialty’s ninth specialty property/casualty business unit. The deal marks Core Specialty’s first merger …
Insurance technology provider Zywave announced the acquisition of Enquiron, the Boston-based provider of risk management and consultative business solutions. Financial details of the acquisition were not disclosed. Founded in 1996, Enquiron serves more than 100 of the top P/C, healthcare …
Hallmark Financial Services Inc., a property/casualty insurance company with three business segments – Specialty Commercial, Standard Commercial and Personal – plans to pursue an initial public offering of a non-controlling ownership stake in the core businesses within the Specialty Commercial …
MiniCo Insurance Agency has joined forces with its Jencap affiliate company NIF Group, Inc., as part of Jencap Program Administrators, a newly formed program division under the Jencap umbrella. As of April 1, 2021, NIF’s specialty programs moved over to …
BRUSSELS – European Union antitrust regulators have extended until July 27 the deadline for their decision on Aon’s $30 billion bid for rival Willis Towers Watson, a European Commission filing showed on Wednesday. Aon, which announced the deal a year …
BRUSSELS – Insurance broker Aon’s offer to sell assets in five EU countries and takeover target Willis Towers Watson’s reinsurance arm may not be enough to address EU competition concerns, people familiar with the matter said on Tuesday. Aon is …
Clearcover has raised $200 million in fresh capital as part of a late-stage financing round led by Eldridge, the investment firm helmed by Los Angeles Dodgers owner Todd Boehly, the digital car-insurance startup will announce on Tuesday. In a statement …
Insurance comparison site The Zebra raised $150 million in new financing that will support expanded hiring and brand building. “This investment is going to be used to grow our team and build our brand. We are accelerating our efforts to …
U.S. regulators are throwing another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to a key element of blank-check companies. The Securities and Exchange Commission is setting forth new guidance that warrants, which are …
BRUSSELS – Insurance broker Aon has offered concessions to gain EU antitrust approval for its $30 billion bid for rival Willis Towers Watson, a European Commission filing showed on Monday. The sector’s biggest deal ever comes as insurers grapple with …