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Sources said the Evercore-run Risk Strategies process has drawn the interest of Brown & Brown. -
The company’s stock jumped 14% within 30 minutes of the market’s open.
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Keogh worked at Aon for nearly 30 years before retiring in 2022.
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Construction defects, GL and risk-managed professional liability lines saw the greatest headwinds.
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The executive will continue as head of BHSI’s E&P lines business.
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David Lavins had previously headed up subsidiary MGA Amwins Access.
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The SME-focused carrier reported $437mn 2024 GWP in its SEC filing.
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Cat losses last month were lighter than historical trends, but all eyes are on Q1 figures.
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ProAssurance brands will be transitioned to The Doctors Company in "all/most markets" over time.
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Surplus lines are still strong, but not the standout they used to be.
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In January, Archer expanded its capacity with Lloyd’s backing.
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The Californian insurer is buying the medmal carrier for $25.00 per share, or a ~60% premium.
