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The carrier is pricing shares at the upper end of the range announced this month.
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The insurer first noticed “unusual network activity” on June 7.
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Florida regulators have also approved takeouts for Mangrove and Slide.
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Howden has been expanding its South American presence through M&A.
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Fallon will retire in January 2026 after 30 years at the company.
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A quick roundup of today’s need-to-know news, including cyber rates, Hamilton Re and more.
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Coverage has broadened while limits have increased, the broker said.
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The company has also promoted Alex Baker and Tim Duffin.
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A quick roundup of today’s need-to-know news, including Markel, XS Global, Kin and more.
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Major insurance industry groups and companies have recently pressed lawmakers to include the provision.
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Markel is simplifying its structure from six US wholesale and two US retail regions to four integrated US regions.
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This is up from last year’s $1bn protection for its Florida treaty.