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Insurance Insider US takes a closer look at tuck-in activity as valuations continue to hold steady. -
The executive was previously Navigators’ head of excess casualty.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Despite mild headline CPI, some insurance-related items are heading in a worrying direction.
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Third Point purchased 50,000 shares of the E&S insurer, which represents roughly 0.1% of its shares outstanding.
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The move is a retaliation to Howden’s US retail launch.
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Commercial auto saw the largest rate change, which was down about a half point by the end of July to 7.96%.
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Sales velocity ticked up to 12.2% in Q2 but has remained steady in the past five years.
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Profitability improves, even as growth stagnates.
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Company alum David Murie will lead the new business unit.
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The executive has previously served on VCIA’s board of directors.
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The insurer said it expects to begin writing business by the end of the month.
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