A meticulously structured corporate acquisition designed over a decade ago to be a "clean" transfer of assets has devolved into a high-stakes legal battle, culminating in a new lawsuit filed by SPARTA Insurance Company against Pennsylvania General Insurance Company for more than $12.7 million. This
A Looming Threat: Unpacking the Link Between Insurance Ratings and Housing Stability A formal inquiry by U.S. Senators is scrutinizing Demotech, an insurance ratings firm, over concerns its assessments create hidden risk for the U.S. mortgage system. The probe questions why government-backed
The cyber insurance market, once a niche product whispered about in IT departments, has exploded into a multi-billion-dollar behemoth that now commands the undivided attention of corporate boardrooms worldwide. This meteoric rise has positioned it as the insurance industry's fastest-growing and
In Texas's Rio Grande Valley, a region that celebrated historic gains in health coverage over the past few years, a sudden and severe healthcare crisis is unfolding as enhanced federal subsidies for Affordable Care Act (ACA) marketplace plans come to an abrupt end. The termination of this crucial
In the intricate landscape of corporate strategy, companies often employ sophisticated financial instruments not just to raise capital, but to intricately weave the fortunes of their leadership with those of the organization. The Westaim Corporation recently provided a clear example of this
The digital insurance sector has witnessed a significant strategic maneuver as the managing general agent Ripe finalized its acquisition of Schofields Limited, a venerable specialist in holiday homes insurance. This transaction, marking Ripe's third major corporate acquisition, serves as its
