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The executive’s 30-year career includes stints at Neon, Chubb and Arch. -
He served as SVP of transportation at ISC since mid-2024.
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The carrier combined its E&S primary and excess casualty units into a single group.
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This publication revealed earlier Everest could sell its LatAm and Canadian units.
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The proposal says oil companies cause climate change and, thus, increased cat losses.
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A motion to dismiss argues the case should not have been filed in federal court.
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Several lines had price decreases, while growth in most sectors slowed from previous quarters.
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The trucking carrier has been building out its executive team this year.
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The insurer plans to automate around 85% of key functions surrounding underwriting and claims processes.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The packages contained client lists and records saved as “TOP SECRET” on a former employee’s computer.
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The legal setback came as publication of a Fema reform report was postponed.
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The change was made on December 2 and was effective immediately.
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The company announced four internal promotions this week.
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London-based Tristram Prior will transfer to Bermuda to lead the line of business.
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Trump’s shadow loomed over the beachside sessions.
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Approached for comment, Chubb denies that it submitted “an offer” for AIG.
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The policy includes a $200mn limit with an additional $100mn for side A coverage.
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MGAs going public is now a viable option, but dominating a market comes first.
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The highest portion of losses was experienced in Alberta.
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The move comes over a year after Aon completed its $13bn purchase of NFP.
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Investors recalibrate their expectations for the segment as the soft market approaches.
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The CEO said that new funding will be used to expand its underwriting capabilities.
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The executive co-led the US financial institutions business at BHSI.
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Ford had purchased a builder’s risk policy from the insurer.
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Highly concentrated, overly leveraged fronts could repeat the Unicover-Reliance story.
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The years-long legal battle was brought on by a former employee alleging wrongful termination.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The PE fund says Argo failed to indemnify it for costs related to a probe by New York’s attorney general.
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Only GL and workers’ comp had renewal rate increases compared to Q2.
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The insurer says defendants billed “exorbitant” fees for non-existent services.
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Several Lloyd’s syndicates are also now providing cover for the federal insurer.
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The acquisition brought four collector vehicle MGAs to the carrier’s existing collector vehicle portfolio.
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The hire advances Howden’s growth push in the US.
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Baldwin said the $1bn merger with CAC accelerates the firm's specialization plans by at least five years.
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Admitted carriers on the other hand are still exercising caution as regulatory reforms take hold.
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Fears relating to an economic downturn continue to dominate concerns.
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Next year will mark five consecutive years of insolvency increases.
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The company has been growing rapidly since the summer, with at least 300 currently employed.
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Former chief growth officer Michael Anderson has taken on the CEO role.
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Marsh has accused its former execs of flouting a preliminary injunction.
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The retail heavyweight uses around 1,000 trading partners to access the wholesale channel.
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A favorable nine months for the industry does not solve its underlying problems.
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Last month, Insurance Insider US revealed that MMA was set to buy Atlas following a sale process.
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The executive was most recently head of US casualty at Aon.
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In September, Insurance Insider US revealed that the firm had instructed a recruiter to search for Kinney’s successor.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The subsegment is the latest commercial auto sector to feel the heat of litigation losses.
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