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Sources said Brown & Brown has an advantage as it entered the process several weeks ago.
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The bill being considered would effectively eliminate personal injury protection.
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Total reinsurer capital grew by $45bn in 2024 to $715bn.
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Overall market capacity increased by 5.3% year-on-year, the broker reported.
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Sources said the Evercore-run Risk Strategies process has drawn the interest of Brown & Brown.
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The vehicle will take a quota share of all of the risks underwritten by Ryan Specialty’s MGA arm.
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Keogh worked at Aon for nearly 30 years before retiring in 2022.
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Adam Russell most recently held the role of head of strategy for global placement.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The broker has promoted Oriol Gaspa Rebull to global head of analytics strategy.
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The March 13-16 storms would mark the first billion-dollar US SCS event of the year.
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Gallagher already has HSR approval for the $1.2bn Woodruff Sawyer acquisition.
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