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The legal setback came as publication of a FEMA reform report was postponed. -
The move from Chubb comes at a moment of perceived weakness for AIG.
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The outlook flags “large uncertainties” amid possible El Niño through summer 2026.
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The market is “extremely competitive”, with several launces from MGAs and syndicates expected.
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The change was made on December 2 and was effective immediately.
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The company announced four internal promotions this week.
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London-based Tristram Prior will transfer to Bermuda to lead the line of business.
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Trump’s shadow loomed over the beachside sessions.
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The policy includes a $200mn limit with an additional $100mn for side A coverage.
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WTW still has meaningful capital to deploy next year but will provide details on its next earnings call.
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MGAs going public is now a viable option, but dominating a market comes first.
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Newfront’s business units will be combined with Risk & Broking and Health, Wealth & Career.
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The highest portion of losses was experienced in Alberta.
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The move comes over a year after Aon completed its $13bn purchase of NFP.
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Global insurance premiums reached an all-time high of $15.3bn by year end 2024.
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The CEO said that new funding will be used to expand its underwriting capabilities.
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The case is the latest in a series of lawsuits alleging Alliant raided MMA for talent.
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The Republican said his office has launched an investigation into the denials.
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Ford had purchased a builder’s risk policy from the insurer.
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The company announced several moves Monday, including the promotion of Nancy Pierce to Geico CEO.
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Onex CEO Bobby Le Blanc will retire from Ryan Specialty’s board of directors.
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Highly concentrated, overly leveraged fronts could repeat the Unicover-Reliance story.
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The years-long legal battle was brought on by a former employee alleging wrongful termination.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The PE fund says Argo failed to indemnify it for costs related to a probe by New York’s attorney general.
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Earlier this week, The Baldwin Group said it will merge with CAC Group in a deal valued at $1.026bn.
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The Japanese P&C carrier agreed a deal to buy 15% of WR Berkley shares in March.
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NY lawmakers are preparing a legislative package to address insurance costs in the Empire State.
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The executive said maintaining capacity is the main challenge in a soft market.
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Only GL and workers’ comp had renewal rate increases compared to Q2.
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The insurer says defendants billed “exorbitant” fees for non-existent services.
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Several Lloyd’s syndicates are also now providing cover for the federal insurer.
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He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
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The acquisition brought four collector vehicle MGAs to the carrier’s existing collector vehicle portfolio.
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The transaction is expected to close early in the first quarter of 2026.
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The company had argued the judge missed key info when dismissing the case.
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Sources said the deal will value the US M&A insurance broker at over $500mn.
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The hire advances Howden’s growth push in the US.
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Baldwin said the $1bn merger with CAC accelerates the firm's specialization plans by at least five years.
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Admitted carriers on the other hand are still exercising caution as regulatory reforms take hold.
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Next year will mark five consecutive years of insolvency increases.
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The deal is slated to close in the first quarter of 2026.
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The company has been growing rapidly since the summer, with at least 300 currently employed.
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Former chief growth officer Michael Anderson has taken on the CEO role.
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Marsh has accused its former execs of flouting a preliminary injunction.
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The retail heavyweight uses around 1,000 trading partners to access the wholesale channel.
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An “extraordinary” proportion of storms reached Category 5 status this year.
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Last month, Insurance Insider US revealed that MMA was set to buy Atlas following a sale process.
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The MGA said payments to affected customers began shortly after the event.
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Texas was up over 25%, though California and Florida both recorded reductions.
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In September, Insurance Insider US revealed that the firm had instructed a recruiter to search for Kinney’s successor.
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Insurance Insider US reviews Euclid’s process and recent events in US MGA and retail broking.
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Fontana 2.0 will encompass a more flexible investment strategy than the 2022 vehicle.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Plaintiffs claim climate-induced cat losses have spurred increases in premiums.
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The executive will report to Katalyx president and CEO Praveen Reddy.
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The subsegment is the latest commercial auto sector to feel the heat of litigation losses.
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A string of high-profile bankruptcies has put more scrutiny on the once marginal sector.
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Marsh is also seeking expedited discovery in a related talent poaching case.
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Many carriers are still pricing above technical rate, but could reassess their strategies after Q1.
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The executives are based in Seattle and New York.
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The executive was previously the cyber practice lead for Ryan Financial.
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The London-based MGA will begin underwriting its international book next month.
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It is understood that Liberty will halt support for property lines in the LatAm region effective 2026.
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The carrier said it anticipates a better market due to recent reforms.
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The payment will cover what the filing called “foregone incentives at his former employer”.
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The PE firm held 3.1% of the company’s shares, but will now hold none.
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The industry veteran retired from AIG at the end of last year.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The city said it was self-insured at the time of the attack.
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The peril has been historically difficult to model compared to others.
