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Size matters in Texas

3 weeks 5 days ago
The beers at a movie theater in Texas are not so big, according to a lawsuit filed against Cinemark by a moviegoer in Dallas claiming the theater’s 24-ounce beers are poured into 22-ounce cups.

James River completes JRG Re sale

3 weeks 6 days ago
James River Group Holdings Ltd. Wednesday said in a statement that it had completed the $277 million sale of JRG Reinsurance Company Ltd. to Fleming Intermediate Holdings, a portfolio company of private-equity sponsor Altamont Capital Management LP, as per order of a New York Court.

Nat cat insured losses at least $20B in Q1: Gallagher Re

3 weeks 6 days ago
Insured losses from natural catastrophes totaled at least $20 billion in first-quarter 2024, a third lower than the $33 billion in insured losses in first-quarter 2023 but a shade higher than the 10-year average of $18 billion, according to a report Wednesday from Gallagher Re, the reinsurance business of brokerage Arthur J. Gallagher & Co.