Private equity firm Thomas H. Lee Partners, L.P. (THL) and French-owned Sword Group announced they have signed an agreement under which THL will acquire Sword Insurance, a provider of software and services to the property/casualty insurance industry, from Sword Group.

Legislation passed last weekend will allow the formation of captive insurers in Tennessee as of July 1, according to a spokesperson.

Workers’ compensation, like no other insurance coverage, provides agents with the unique opportunity to monetize their value. Here’s how it can work.

Global insurance brokerage Arthur J. Gallagher & Co. on Wednesday said that it bought a Madison, Wis.-based retail insurance broker, its second acquisition in as many days.