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Aline Capital, LLC | June 16, 2022
Southeast-based Aline Capital has launched a commercial insurance division, adding to its current service offerings in the commercial real estate sector. The division will focus on commercial property, general liability, and builder's risk insurance for commercial real estate investors and developers throughout the region. The firm made the strategic decision to launch an insurance division after experiencing several headwinds in the commercial insurance market on deals they were advising th...
Insurance Business America | April 01, 2020
An industry expert is calling for legislators to pass a bill that would mandate that insurance companies pay for business losses incurred due to a pandemic such as the current COVID-19 outbreak. Zach Finn – a professor and director of the Davey Risk Management and Insurance Program at Butler University in Indiana – has helped craft, outline, and lobby for a Pandemic Risk Insurance Act (PRIA) together with a group of colleagues. PRIA is similar to the Terrorism Risk and Insurance Act ...
AIG | February 26, 2020
American International Group (AIG) has entered into an accelerated share repurchase (ASR) agreement with Citibank to repurchase $500 million in AIG common stock. The agreement is part of AIG’s $2 billion share repurchase authorization announced in February 2019. “We remain committed to delivering long-term, sustainable value to all of our stakeholders,” said Brian Duperreault, CEO of AIG. “While AIG 200, investing in our business and reducing leverage are key components o...
Arthur J. Gallagher | April 26, 2022
Arthur J. Gallagher & Co. today announced the acquisition of Greenwood Village, Colorado-based Ryan Insurance Strategy Consultants. Terms of the transaction were not disclosed.
Founded in 1990, Ryan Insurance Strategy Consultants assists financial advisors with insurance recommendations for their clients. With its research focused on life, disability and long-term care insurance planning, the Ryan team performs due diligence on new and existing insurance plans prior to recomme...
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