Commercial E&S
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Idaho saw the most growth of the stamping states, reporting a 27% increase in transactions due to heightened home construction.
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The purchase of a U.S.-based carrier enables Greg Hendrick-led Vantage Group to write coverage under its own subsidiary after partnership.
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McLaughlin succeeds Dean Andrighetto, who is retiring.
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June premiums exceeded May 2021 by $63mn to become the highest single month ever reported in SLTX’s 33-year history.
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May 2021 had the largest single-month premium volumes ever reported in SLTX’s 33-year history.
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The appointment is part of an expansion into the onshore excess and surplus lines.
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Jones will also take the role of head of analytics and be responsible for managing the enterprise risk of the organization.
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Robinson said that since becoming CEO a year ago, over a quarter of Skyward’s $874mn book has been put into run off.
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IGI’s shares are up 9% since the start of the year at $8.83 and are now trading at just above book value, according to data from SNL.
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But rates remain in positive territory and pockets remain hard even as competition picks up.
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Rate increases in the niche market segment remained in the double digits, but the pace of gains was slower than in prior periods.
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The transaction will involve around half of Hallmark Specialty Group shares being floated on the public markets.
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