insurance

ALPS Agrees to Buy Ohio Bar Liability Insurance Company

May 7, 2026

1 source

Insurance Journal

ALPS Agrees to Buy Ohio Bar Liability Insurance Company

Story Summary

On May 7, 2026, ALPS Insurance and the Ohio State Bar Association announced a definitive agreement for ALPS to acquire OBLIC, a 1978-founded insurer providing legal malpractice coverage to Ohio attorneys. The deal aims to combine OBLIC's state-specific reputation with ALPS' national scale and expertise to strengthen long-term delivery of professional liability insurance for the region's lawyers.

On Friday, the United States awaited an Iranian response to a peace proposal aimed at ending the Gulf war, despite intensified fighting along the Strait of Hormuz. Recent clashes included attacks on Iranian shipping and U.S. Navy vessels, while President Trump maintained the ceasefire remains active. Diplomatic efforts continue alongside ongoing military confrontations between the nations.

Insurance Journal·May 8, 2026

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lifestyle

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IGN·May 8, 2026