Without recalibrating how market power is measured, Sean Frank writes, future consolidations will clear regulatory review while transforming competitive market conditions.
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Radian Group Inc. said on Monday that it has completed its acquisition of Inigo Limited, a specialty insurance group underwriting through Lloyd’s of London. Philadelphia-based Radian said the deal positions it to become a “global, diversified multi-line specialty insurer,” expanding beyond its U.S. private mortgage insurance business into global specialty insurance lines. Inigo will operate…
Xactus, a fintech company specializing in verification solutions for financial services, on Monday announced it has acquired Baleen Solutions, a technology provider focused on automated income analysis for self-employed borrowers. The acquisition expands Xactus360, the company’s intelligent verification platform, by adding new income analysis technology branded as Income CalculationX. Built on capabilities acquired from Baleen,…
After more than three decades, the Houston Association of Realtors is welcoming a new CEO. On Monday, the association announced its appointment of René Galvan as its new CEO and president. Galvan is replacing Bob Hale, who retired on Jan. 31. Hale served as the association’s president and CEO for 37 years and has been…