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Florida recorded premium growth in June after declines in May and April.
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The unit will include both ocean and inland marine coverage.
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The late March storm caused extensive damage in southern Quebec and Ontario.
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Under the new law, vehicles will only be required to carry $100,000 in PIP per person.
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Litigation costs continue to weigh on long-tail lines, but effects of tort reform are visible.
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The changes affect operations in Switzerland, Bermuda and the US.
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The broker has expanded the number of global industry verticals to seven from four.
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He was most recently Marsh’s US manufacturing and automotive practice head.
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The executive brings more than 25 years of insurance experience.
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The soft market continued through H1 2025, especially on shared programs.
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The LA wildfires accounted for 59% of loss activity over Q1.
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The executive told this publication he will have more time “to propel” embedded auto MGA In The Car.