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SiriusPoint Sells MGA, Arcadian Risk Capital, for $139M, Forms Long-Term Capacity Deal

by lpiccitto | Oct 6, 2025 | Uncategorized

SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced an agreement to sell its 49% equity stake in managing general agent, Arcadian Risk Capital to private equity firm Lee Equity Partners for a total consideration of $139 million, inclusive of...

Supreme Court Rejects Bid to Sue Meta Over Church Shooting

by lpiccitto | Oct 6, 2025 | Uncategorized

The US Supreme Court declined a chance to open social media companies to lawsuits over content recommended by their algorithms, turning away an appeal that accused Meta Platforms Inc.’s Facebook of radicalizing a man who killed nine South Carolina churchgoers....

Iowa School District Suing Firm That Vetted Superintendent as Criminal History Emerges

by lpiccitto | Oct 6, 2025 | Uncategorized

Federal authorities said the superintendent of Iowa’s largest school district had a history of criminal charges before his arrest by immigration agents last week, which shocked the community and prompted the school board to sue the consulting company it hired...

People Moves: Highstreet Names Stokes Chief Broking Officer

by lpiccitto | Oct 6, 2025 | Uncategorized

Highstreet Insurance Partners, headquartered in Traverse City, Michigan, named Kristen Stokes as its chief broking officer. Stokes is based out of Highstreet’s New York City office. Stokes will serve on Highstreet’s executive leadership team with a focus on deepening...

California AG Pledges More Lawsuits Against Trump’s Green Rollbacks

by lpiccitto | Oct 6, 2025 | Uncategorized

California Attorney General Rob Bonta said his state would continue to sue the Trump administration’s aggressive deregulatory actions on environmental rules, and was also looking at more lawsuits connected to deception around plastic recycling. Speaking on the...
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