In the latest development in the University’s effort to recoup up to $15 million in legal fees incurred over a nearly decade-long legal battle over its affirmative action policies, Harvard has sued its insurance broker, Marsh USA.
Tag: insurance broker
Ship Insurance Facility Set Up for Ukraine Grain Exports, Says Broker Miller
A new marine insurance facility for Ukrainian grain exports using the country’s sea corridor has been set up in conjunction with Ukraine’s authorities, insurance broker Miller said on Tuesday.
U.S. Insurance Giant Marsh Set for $448 Million Honan Deal
Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to expand its presence in Australia and New Zealand.
Insurance Broker Acrisure Interviews Banks for 2024 IPO
Acrisure LLC, a large, closely-held insurance broker, is interviewing banks to go public next year, people with knowledge of the matter said, in a sign that equity markets may be opening up to new listings from strong companies.
Marsh Launches Renewable Energy Facility for Mid-Scale Solar and BESS Risks
Marsh, the world’s leading insurance broker and risk advisor, today announced the opening of a new renewable energy facility in the United States and Canada that will provide streamlined, dedicated insurance capacity for mid-scale solar and battery energy storage system (BESS) risks. Renewable energy companies have struggled to find sufficient capacity for smaller standalone solar… Continue reading Marsh Launches Renewable Energy Facility for Mid-Scale Solar and BESS Risks
Acrisure Buys New York-based Tempo Title
Acrisure, the global insurance broker and fintech service provider, has announced its entry into the real estate services industry with its acquisition of Tempo Title, one of the world’s largest private title insurance and settlement service providers. United States. Financial terms of the transaction were not disclosed. With this acquisition, Acrisure will establish Acrisure Real… Continue reading Acrisure Buys New York-based Tempo Title
Walt Disney Company Head of Investor Relations, Lowell Singer, to Join Acrisure as CFO
Acrisure, a fast-growing fintech leader that is already a top-10 global insurance broker, today announced it has appointed Lowell Singer as Chief Financial Officer. Singer joins Acrisure following 14 years with The Walt Disney Company, where he served as Senior Vice President of Investor Relations. At Acrisure, Singer will assume responsibility for the planning, management… Continue reading Walt Disney Company Head of Investor Relations, Lowell Singer, to Join Acrisure as CFO
Scholarship Established to Remember Orange County, CA Insurance Broker Lee Smith III
The insurance industry is saddened to learn about the recent passing of Lee Smith on July 16, 2020 at the age of 82. Lee was a California native born at St. Joseph Hospital in Orange on August 28, 1937. Lee was a gentleman admired by all and was a third generation insurance broker in Orange… Continue reading Scholarship Established to Remember Orange County, CA Insurance Broker Lee Smith III
NFP Acquires Rose & Kiernan, Inc.
NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement, and individual solutions, today announced the acquisition of Rose & Kiernan, Inc., in a transaction that closed effective August 1, 2020. Rose & Kiernan, based in Albany, NY, is a multidisciplinary insurance broker with sophisticated capabilities in P&C, surety… Continue reading NFP Acquires Rose & Kiernan, Inc.
The Hilb Group Announces Definitive Agreement to Be Acquired by The Carlyle Group
The Hilb Group, LLC (“Hilb”), a leading national insurance broker, announced today that it has signed a definitive agreement with global investment firm The Carlyle Group for investment funds affiliated with Carlyle to acquire a majority interest of Hilb. Hilb’s existing management team and employee shareholders are expected to remain significant shareholders. Hilb is currently… Continue reading The Hilb Group Announces Definitive Agreement to Be Acquired by The Carlyle Group