Monthly Archive: January 2024

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Manitoba Public Insurance Shares Top 5 Frauds of 2023

Winnipeg, MB (Dec. 29, 2023) – Every year, auto insurance fraud in Manitoba costs customers more than an estimated $50 million. To raise awareness of this cost, Manitoba Public Insurance (MPI) is sharing its...

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Mercer Advisors Buys Colorado Wealth Firm

Mercer has roughly 80 locations nationwide and manages over $50 billion in client assets. It is majority owned by Oak Hill Capital, Genstar Capital and Altas Partners.  TWM recently found itself “at a crossroads...

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Travelers Completes Acquisition of Corvus Insurance

Article 0 Comments The Travelers Cos. completed its previously announced acquisition of Corvus Insurance Holdings Inc., a cyber insurance managing general underwriter. The $435 million acquisition was first announced in November 2023, which Travelers...

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Top East Insurance Journal Fraud Stories of 2023

Article 0 Comments About 10% of property/casualty insurance losses can be traced to fraud, according to the industry’s Coalition Against Insurance Fraud. Insurance Journal publishes an average of 22 fraud stories a month. Insurance...