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Priorities include risk-based capital modernization and cybersecurity issues.
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The bill was introduced shortly after a similar bill failed in Mississippi.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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A quick roundup of our best journalism for the week.
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This was Ryan’s second-largest 2024 deal, after its $1.4bn Assure purchase.
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CEO Tim Turner said the firm still has an ambitious M&A pipeline and financial flexibility to execute deals.
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Sources said that the MGA has been working with investment bank Waller Helms to find a potential investor.
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Sources said California regulators need to show they’re receptive to private insurer needs.
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The news comes around three months after GTCR agreed to sell AssuredPartners to AJ Gallagher for nearly $13.5bn.
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A quick roundup of today’s need-to-know news, including Allstate, TL losses, aviation market woes, and more.
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The company stopped writing new business last September and lost capacity from SiriusPoint.
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The ratings agency has revised Mercury’s outlook from stable to negative.