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Less than one year after its unsuccessful pursuit of Transatlantic Holdings, Validus Holdings says it reached an agreement to buy Flagstone Reinsurance Holdings for about $623 million in cash and stock.

Digital acquires SEBS Midwest, new programs from Hiscox, Fulcrum, IronHealth, Everest National and NIF, news from ICAT.

R.B. Jones Promotes Director, The Instutes Awards ACSR Award, EnviroMission Appoints Aon Risk Solutions as Sole Provider for Solar Power Construction

Allied World Assurance Co. says it is centralizing its global reinsurance operations with the announcement of three management realignments.

Allied World Assurance Co. Holdings says David Bell, chief operating officer, is leaving the company to pursue other interests in Montana. The news comes a day after Alleghany Corp. and Transatlantic Holdings Inc. announced the closing of their merger deal.

Allied World Assurance Co. Holdings says it nearly doubled fourth-quarter net income but the Switzerland-based companys net income for the year was more than halved.

C&S/Colonial merger; AIG, EMC and Marsh all launch new programs; Oracle launches app, Crump sells to BB&T

NAPSLO appoints new education director and Marsh acquires a new agency.