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Ann Arbor-based insurance brokerage firm Tropolis has acquired three insurance agencies in southeastern Michigan. // Stock photo Tropolis, an Ann Arbor-based insurance brokerage that provides property and casualty, along with employee benefits solutions, today announced it has completed the acquisition of three insurance agencies in southeastern Michigan with Unity Partners, a private equity firm in
NEWPORT BEACH, Calif., July 23, 2024–(BUSINESS WIRE)–Pacific Life’s Workforce Benefits business announces the addition of three new supplemental health insurance products to its portfolio. These coverages allow employers to provide their employees with added financial security for life’s unexpected events. “In our pursuit of excellence, we’ve crafted three new supplemental health insurance products, each designed
St. Louis County Executive Sam Page pours water for council member Ernie Trakas as fellow council member Lisa Clancy looks on during Page’s first county council meeting as county executive on Tuesday, April 30, 2019. Photo by Robert Cohen, rcohen@post-dispatch.com. Robert Cohen CLAYTON — St. Louis County Executive Sam Page’s administration is bypassing the St. Louis
An expected pickup in insurance industry mergers and acquisitions has not yet materialized as the landscape saw a continuing and significant decrease in the first half of this year. According to OPTIS Partners’ M&A database, there were 300 announced transactions, which is a 20% decline from 385 agreements registered during the same period in 2023.
This article is being updated, please refresh later for more content. Li Auto had 10,900 insurance registrations last week, Xpeng 1,900 and Zeekr 3,000. For the week of July 15-21, Nio (NYSE: NIO) vehicles had 4,600 insured registrations in China, up 35.29 percent from 3,400 in the previous week, according to data shared today by
Capitalization requirements, high operating costs and fear of regulatory scrutiny have discouraged small and midsize businesses from establishing captive insurers in the past, but the environment is changing, experts say. A greater variety of captive structures has accelerated growth, but small businesses should conduct due diligence and review all options before rushing into a captive,
The cost of insurance premiums is rising to record highs, but levels of customer service are falling for customers who end up having to make a claim, according to a new report. The consumer group, Which? has found that almost half of those claiming on home, car or travel insurance policies in the past few
LEESBURG, Fla. (TND) — A woman is charged with insurance fraud and grand theft, and she filed the claim that was flagged right after she “completed her pretrial intervention term” from her earlier insurance fraud case. Authorities with the Florida Department of Financial Services said on Feb. 1, “Rhonda Michelle Gilbert filed an auto insurance
The Pension Benefit Guaranty Corporation projects lasting solvency for both its single and multiemployer pension insurance systems, per a projections report released on July 19. The PBGC maintains two insurance programs, one for single employer defined benefit plans and another for multiemployer funds. The programs are funded by premiums. For 2024, single employer plans pay