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Claude Wade is to step down from his role to address ongoing health issues. -
Insurance Insider US takes a closer look at tuck-in activity as valuations continue to hold steady.
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This is the first rate filing to use the recently approved Verisk model.
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The executive was previously Navigators’ head of excess casualty.
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The company was hit with a data breach on July 16.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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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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Besides Russia-Ukraine losses, the Air India crash losses totaled $26mn.
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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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Peter Vogt will act as a strategic advisor at Axis until the end of 2026.
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The CEO said the carrier will prioritise margin over top-line growth.
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