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The lawsuit alleges that the attorneys' negligence caused HDI to pay 64 times its policy limit. -
In January, Archer expanded its capacity with Lloyd’s backing.
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The partnership will launch a new umbrella excess insurance product.
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Mangrove can take out up to 81,040 polices while Slide’s limit is 15,000.
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The Californian insurer is buying the medmal carrier for $25.00 per share, or a ~60% premium.
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Colorado and New York have already passed regulations regarding insurer AI use.
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A quick roundup of today’s need-to-know news, including ProAssurance, AmTrust, Price Forbes, Spinnaker and more.
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Evercore has reached out to a combination of strategics and private equity houses.
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CEO Kieran Dempsey will relinquish the additional title of president.
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Price Forbes operations in Miami, Chile and Peru will report to Mulic.
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Consolidation options include fronts merging, competition, larger fronts becoming carriers and fronts being acquired by carriers.
