Commercial E&S
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The new hire continues a flurry of moves under CEO Andrew Robinson and follows a rebrand from the HIIG corporate name last month.
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Dom Addesso and Don Larson join the board of the Consolino and Noonan-led enterprise. -
Galanski, Consolino, Sills and Co will have to build franchises that can withstand a cycle turn.
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E&S premiums written in the state rose to a high of $723.2mn in July.
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Seth Johnson will take over the position on January 1 next year.
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The newly created role will focus on broker relationships in the E&S markets.
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The excess casualty market has hardened as a result of ‘nuclear verdicts’, social inflation and prior-year loss deterioration.
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The excess cover will be distributed exclusively through wholesale brokers and targeted at mid-market accounts, Ascot said on Thursday.
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Sources said a final decision on whether to proceed with the venture is still pending.
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The appointment comes as R&Q continues to expand its program management segment.
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The broker’s Clips survey also recorded a significant acceleration in property prices.
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The Texas-based insurer is entering the products liability market as part of the expansion.
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