Interviews
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Louisiana Insurance Commissioner Tim Temple outlined key priorities for 2026 in an interview with Insurance Insider US.
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The commissioner said more work needs to be done, but big companies are interested in coming back.
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The CEO said that new funding will be used to expand its underwriting capabilities.
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Earlier this week, The Baldwin Group said it will merge with CAC Group in a deal valued at $1.026bn.
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The executive said maintaining capacity is the main challenge in a soft market.
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The acquisition brought four collector vehicle MGAs to the carrier’s existing collector vehicle portfolio.
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Many carriers are still pricing above technical rate, but could reassess their strategies after Q1.
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With property getting more competitive, FM pursued an opportunity for growth in E&S with Velocity.
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The MGA is exploring new product lines including condos and renters, CEO John Chu said.
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Building electrical capacity quickly requires carriers to do due diligence on who’s behind the new power plants.
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The plaintiffs' bar has been playing out the same rulebook for 15 years. It’s time the defense catches up.
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The broker said R&W rates rose to 2.8% in Q2 vs 2.5% in Q1.