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The broker adds a new EVP and new president to its benefits practice.
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The investment recovery will be welcome but Chinese tariffs will contribute to loss-cost inflation.
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The counties make up for the majority of the state’s high net worth market, sources said.
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The medical CPI is up 3% for the last 12 months.
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A positive outcome could significantly curb insurers’ exposure to the loss.
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This publication revealed last October that BroadStreet was seeking investors.
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The appointments cover US casualty, the US Central region and construction.
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Insurance Insider US examines potential tariffs’ impact on the PE-backed brokers amid the jammed conveyor belt.
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Erik Manning is joining the business from BMS as head of ceded reinsurance.
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Storms in the UK and Ireland drove losses in the commercial segment.
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The announcement spurred a quick spike in stock market valuations.
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The coverage will only be available in Illinois and Michigan at first.