TowerBrook Capital Acquires Stake in Insurance Claims Firm MSA Mizar
Investment firm TowerBrook is making headlines with its acquisition of a majority stake in MSA Mizar, a prominent provider of insurance claims...
Category: Retirement
PwC Survey Reveals CEO Revenue Confidence at Lowest Point in Five Years
A recent global survey conducted by PwC reveals a concerning trend among chief executives regarding their confidence in revenue growth. Only 30%...
Arizona Appeals Court Seeks Clarity from Justices on Definition of ‘Fortuitous Loss’
What constitutes a fortuitous loss in Arizona? This pivotal question has prompted the 9th U.S. Circuit Court of Appeals to seek guidance...
Virginia Offshore Wind Project Gets Green Light to Restart Amid Trump Setback
A federal judge has recently granted U.S. power company Dominion Energy the green light to resume work on its offshore wind project...
Kaiser Permanente California Affiliates Settle False Claims Act Allegations for $556 Million
An integrated healthcare consortium based in Oakland, California, affiliated with Kaiser Permanente, has agreed to pay $556 million to settle allegations of...
World Insurance Expands Portfolio with Acquisition of Jersey Coast Insurance
World Insurance Associates has announced its acquisition of Jersey Coast Insurance, located in Margate City, New Jersey. This strategic move marks a...
Alabama DOI Report Reveals Increase in Litigation, Driving Up Liability Costs and Insurance Rates
A recent report from the Alabama Department of Insurance reveals a concerning trend: claims litigation and substantial verdicts are increasing in the...
Bermuda Re/Insurers Face Underwriting Profit Decline; M&A Activity Surges Amidst Slowing Organic Growth
Bermuda-based re/insurers monitored by Fitch are projected to experience a decline in underwriting profit in 2025, with an average combined ratio expected...
Unveiling the Mechanisms of Medical Abuse in Liability Claims
In the landscape of general liability (GL) and workers’ compensation (WC) insurance, medical abuse is often narrowly defined as excessive treatment, unnecessary...
Allianz Executive Urges EU to Address US Market Volatility
European policymakers are contemplating strategies to create market turbulence as a means to pressure US President Donald Trump regarding his controversial claim...