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Calera Capital, formerly Fremont Partners, and TPG Capital, formerly Texas Pacific Group, announced the completion of the acquisition of Direct General Corporation by an affiliate of Calera and TPG in

Mr. Supple noted that Mr. Lott still has the option to settle his suit as part of an agreement with his lawyers, the Scruggs law firm in Gulfport, Miss., to settle a class-action lawsuit involving 640

American Insurance Association said they expect he will sign the measure (HB 753), which the organization believes has the potential to substantially reduce the threat of natural catastrophe losses to

o Significant participation in the catastrophe reinsurance business from nontraditional players such as hedge funds, high-net-worth individuals, institutional money managers and the asset-backed secur

The controversy stems from a letter the CFA sent to Congress asking it to bar insurance companies involved in the "write your own" flood coverage program from using "anticoncurrent causation" clauses

Reducing the risk from hurricane loss through government and private building initiatives would be far more effective in mitigating losses than government insurance programs, according to an industry