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Freeman has spent 11 years in property leadership roles with BHSI. -
Duncan Milne and Cabot Lyman are both leaving Aon for McGill.
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The ratings agency cited erosion in the company’s surplus position, among other developments.
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CoreLogic’s report for April 2024 saw rising costs across four common loss scenarios.
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Tropical Storm Risk (TSR) has updated its forecast for North Atlantic hurricane activity, predicting a "hyper-active season" in 2024, with activity being around 70% above the 1991-2020 climate norm.
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Compared to March, more sources shared accounts of rate declines and oversubscription.
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Westchester’s Kyle Garrett was named VP, executive underwriter for property.
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The oversubscription may signal additional capacity waiting on the sidelines.
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Ten states joined in the original suit.
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The announcement confirms earlier reports from this publication.
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Rate increases are expected to continue, but at a slower pace.
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Joe Morrello joined the firm in 2022 after serving as E&S property head at Beazley.
