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The Insurance Insider US news team runs you through this week’s key agency M&A. -
California and Florida were up significantly, but premium growth slowed in Texas.
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The president and CEO will also be eligible for up to $50mn in shares.
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The first round of 2026 renewals was largely favorable for buyers.
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The ratings agency maintained a neutral sector outlook.
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The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals.
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Former Aon employees are barred from using Aon’s confidential information.
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Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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This year, Brown & Brown, WTW and Baldwin emerged as major acquirers in the latest consolidation cycle.
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Market participants on programs/MGU business in particular feel there's more capacity than 12 months ago.
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Specialty was the busiest segment but still recorded a YoY drop of seven points.
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The facility has expanded to cover construction and renewable energy risks.
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In a state prone to SCS, wind, floods and freezes, carriers are still fighting for market share.
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Sources said hundreds of Brown & Brown staff across various offices have left to join Howden US.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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In casualty, the executive is seeing an acceleration of flight to quality both from cedants and reinsurers.
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The US insurer squeezed its retention in a renewal where cat treaty retentions are widely holding steady.
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Ackman will need leaders like Ajit Jain behind him and make the right bets at the right price at the right time.
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This was the second issuance completed by Farmers via its Bermuda reinsurance vehicle Topanga Re.
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The SPV will underwrite a “broad and highly diversified” portion of Amwins’ ~$6bn delegated authority premiums.
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The company named two execs to head global wholesale and commercial.
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Valor Equity led the raise, which included Lightspeed and General Catalyst.
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Inflation was down from the 3% recorded for the 12 months ending in September.
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The Carlyle and Hellman & Friedman vehicle will sell for 1.5x book value.
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The federal judge said South has direct knowledge about a previous raid involving Aon.
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The National Council of Insurance Legislators said insurance oversight should be left to states.
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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 parties now have 60 days to file a stipulation to dismiss the action.
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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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A district court judge had dismissed the case in September, with prejudice.
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The company also promoted Zulma Suarez to CEO of Colombia and Venezuela.
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Sources said the auction launched after Thanksgiving with Relation marketed off adjusted Ebitda of around $130mn.
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The Floridian also anticipates $115mn to $125mn in net income for the quarter.
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Clifford’s appointment follows Everest’s $2bn renewal rights sale to AIG.
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Insurance deals leader Mark Friedman said there is a backlog of companies looking to go public.
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Los Angeles wildfires and SCS pushed US losses to $89bn.
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Attorneys and doctors targeted by the case claim Uber has no standing to bring a Rico suit.
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The executive’s 30-year career includes stints at Neon, Chubb and Arch.
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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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