Latest Posts Under: General business news

Camp Run-A-Mutt to open new dog daycare and boarding location at Norfolk

Camp Run-A-Mutt Entrepreneurial Resources, a cage-free doggie daycare and boarding provider, is opening its first location – Camp Run-A-Mutt Norfolk in Virginia at 2633 Wyoming Ave, Norfolk, Virginia 23513 on 7 March. The owner of the newest Camp Run-A-Mutt location is Lisa Torres, who has been working in the IT field for the last 34 […]

Calumet Specialty acquires wax production company Paralogics

Calumet Specialty Products Partners, an Indiana-based producer of specialty hydrocarbon and fuels products, has wrapped up the acquisition of Paralogics, a producer of candle and industrial wax blends. Financial terms of the deal were not disclosed. Paralogics specializes is also engaged in customized blending, slabbing, and quality testing, and warehousing of wax. The wax production, […]

Arthur J. Gallagher acquires New York based wholesale insurance broker CMS

Arthur J. Gallagher & Co., a global insurance brokerage, risk management, and consulting services company, has acquired CMS, a full-service wholesale insurance broker based in Melville, New York, for an undisclosed price. Established in 1996, CMS works with agents across the US with its team specializing in placing coverages for construction, wholesaling/distributing, importing, real estate, […]

VMC inaugurates material recovery facility in Indian holy city Varanasi

Varanasi Municipal Corporation (VMC) has collaborated with Tetra Pak, Deutsche Gesellschaft für International Zusammenarbeit (GIZ) and The Energy and Resources Institute (TERI) to open a material recovery facility (MRF) at Bhawania Pokhri, Belupur in Varanasi, Uttar Pradesh, India. The facility has been set up as part of “Development and Management of Nationally Appropriate Mitigation Actions (NAMAs) […]

Nationwide, Generali to create N2G Worldwide Insurance Services JV

Nationwide Generali joint venture : US insurance group Nationwide Mutual Insurance Company is set to create a joint venture (JV) called N2G Worldwide Insurance Services with Italian insurance giant Assicurazioni Generali with an objective to offer multinational commercial insurance solutions. Generali will take part in the insurance joint venture through its property and casualty insurance […]

Essence Healthcare to acquire Mutual of Omaha’s Medicare Advantage business

US health insurance company Essence Healthcare has agreed to acquire its long-term investor Mutual of Omaha’s Medicare Advantage business as per the latest insurance acquisition news. As part of the deal, Essence Healthcare is acquiring Mutual of Omaha Medicare Advantage Company (MOMAC) and Medicare Advantage Company of Omaha (MAICO). The two subsidiaries of Mutual of […]

UK insurtech company Concirrus raises $20m in Series B round

Concirrus, a London based marine and automotive insurtech company, has raised $20 million in a Series B funding round led by AlbionVC, the technology investment arm of Albion Capital Group. Current investors IQ Capital, EOS Venture Partners and several angel investors also took part in the funding round. The British insurtech company has developed Quest, […]

US cyber insurance company At-Bay raises $34m in Series B round

At-Bay, a California based cyber insurance company, has raised $34 million in a Series B funding round for fast tracking development of its cyber security monitoring service and for launching its insurance products. The Series B round in the cyber insurance provider was led by Acrew Capital and Munich Re Ventures, via its HSB fund. […]

ProAssurance to buy medical professional liability insurer NORCAL for $450m

ProAssurance acquisition of NORCAL Group : Alabama-based property and casualty company ProAssurance has signed a $450 million to acquire NORCAL Group, a provider of medical professional liability insurance. As per the latest insurance acquisition news, ProAssurance is aiming to create the third largest medical professional liability insurance carrier in the US through the merger. The […]

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